CNBC

Amazon plans to spend $10 billion on new data centers in North Carolina to expand its artificial intelligence infrastructure, the company said.

Ryan Roslansky, who has run LinkedIn for the past five years, will now also oversee Microsoft’s Office productivity software.

The cybersecurity company issued weaker-than-expected guidance and said its still feeling an impact from initiatives put in place after the July 2024 outage.

PayPal says 45% of branded U.S. checkout now runs through its platform, with Venmo integrated at brands like Uber, Starbucks, and TikTok Shop.

Counterpoint Research revised down its 2025 global smartphone shipment growth forecast to 1.9% year-on-year from 4.2%.

The automaker’s Australian electric vehicle sales hit their highest level in nearly 12 months in May — a bright spot as it struggles with sales elsewhere.

A division of the New York Stock Exchange has filed to list a spot bitcoin ETF tied to Donald Trump’s Truth Social platform.

CrowdStrike reported better-than-expected results for the latest quarter but issued revenue guidance that missed estimates.

Nvidia has been trading places with Apple and Microsoft at the top of the market cap ranks since last June.