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China's Baidu soars 16% to hit 2-year highs amid positive signs for its AI business

cnbc.com Dylan Butts 2025-09-21 10:46:53

Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Chinese tech giant Baidu saw its shares in Hong Kong soar nearly 16% on Wednesday as it increasingly focuses on its artificial intelligence-related business that has also led to a ratings upgrade. Shares in the Beijing-based firm, which holds a dominant position in China's search engine market, had gained nearly 8% overnight in U.S. trading. The strong stock performance came after equity research fi

Topics: ai baidu business chip shares

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Musk buys $1bn worth of Tesla shares

feeds.bbci.co.uk Unknown 2025-09-25 04:53:37

Musk buys $1bn worth of Tesla shares 1 hour ago Share Save Natalie Sherman BBC News Share Save Getty Images Billionaire Elon Musk has scooped up roughly $1bn (£735m) worth of Tesla shares, in what is being seen as a vote of confidence in the electric car maker. Shares in Tesla, which have struggled to advance this year, jumped more than 6% in early trading on Monday on the news. Musk already held a roughly 13% stake in the company, but he has long sought more control of the firm, which he has

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Latest TRON: Ares trailer takes us back to 1982

arstechnica.com Unknown 2025-09-28 21:02:42

We're one month away from the theatrical release of TRON: Ares, and Disney is seeking to stoke interest with a new trailer that shows the titular program going back to the original 1984 grid—and encountering an unexpected figure: the one and only Kevin Flynn (Jeff Bridges). (Some spoilers for Tron and Tron: Legacy below.) As previously reported, TRON: Legacy ended with Sam Flynn (Garrett Hedlund), son of Kevin Flynn, preventing the digital world from bleeding into the real world, as planned by

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Flynn Lives in New ‘Tron: Ares’ Trailer That Goes Heavy on Jeff Bridges

gizmodo.com Germain Lussier 2025-09-29 09:45:31

There are a lot of big names in the cast of Tron: Ares but, really, there’s one that truly sells the movie. That’s Jeff Bridges. Bridges, of course, starred in the first Tron over 40 years ago, as well as its sequel, Tron: Legacy, 15 years ago. His character, Kevin Flynn, is the key to everything that has happened in this story, and while Tron: Ares doesn’t seem to be about him, the fact he’s in it at all is a major selling point. That’s why we really enjoyed this new trailer released by Disney

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Little Nightmares 3 Hands-On: a Creepy Co-Op Game Arriving Just in Time for Halloween

cnet.com See Full Bio 2025-09-30 13:01:49

After about an hour playing Little Nightmares 3, I'd used a person's bisected halves to solve a puzzle, gotten a high score in a carnival shooting game and escaped the murderous claws of a deranged baby. As a 2-foot-tall youth trying to survive the morbid dangers of one demented area after another with my co-player, I was terrified and delighted. I've only sampled the first two Little Nightmares games, but in my brief preview of Little Nightmares 3, it felt like a refined version of the series'

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Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner

techcrunch.com Julie Bort 2025-10-01 05:11:44

It’s been a long road for the 20-year-old fintech Klarna to make it to an IPO. But on Wednesday, the company successfully landed on the New York Stock Exchange, having raised $1.4 billion, largely for its existing investors, rather than itself. The fintech giant sold shares at $40, above its announced range of $35 to $37, and came out of the gate with a $15 billion valuation. Shares popped, opening at $52, though quickly settling down to around $46 mid-day. Of the 34.3 million shares Klarna so

Topics: company ipo klarna sequoia shares

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Blumhouse Tries a New Scare Tactic With Netflix Series ‘Nightmares of Nature’

gizmodo.com Cheryl Eddy 2025-10-03 17:02:34

Nature shows tend to have horror baked in. Sure, we watch them to be educated, but also for the alarmingly gasp-inducing, uncomfortably emotional moments: killer whales gobbling adorable baby seals, furious lions battling each other for supremacy, uncomfortably large spiders just being themselves… you know how it goes. Horror studio Blumhouse is leaning hard into that idea with Nightmares of Nature, a new documentary series coming to Netflix. A joint production of Blumhouse Television and Plims

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AppLovin and Robinhood added to S&P 500

cnbc.com Jordan Novet 2025-10-07 13:57:30

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will replace MarketAxess Holdings , while Robinhood will take the place of Caesars Entertainment . In March, short-seller Fuzzy Panda Research advised the committee for the la

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What’s the Story Behind ‘Tron: Ares?’ Our Report From the Set

gizmodo.com Germain Lussier 2025-10-10 17:00:57

“I have to ride a lightcycle.” That was my first thought last year when the invite arrived to visit the set of Disney’s new sequel, Tron: Ares. It seemed like a logical request. When you think of Tron, you think of lightcycles. They’re a huge part of both 2010’s Tron: Legacy and 1982’s Tron. And yet, I had to wonder, were there even lightcycles in this movie? What exactly WAS this movie? Coming out 15 years after the last one, with basically a whole new cast, it seemed any concept of what the fi

Topics: ares grid set tron world

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Figma's stock slumps 18% after first earnings report to lowest since IPO

cnbc.com Ari Levy 2025-10-11 05:51:22

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor's IPO in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely inline with expectations, as Figma had issued preliminary results a little over a month ago. Revenue increased 41% from a year earlier to $249.6 million, slightly topping analyst estimates of $248.8 million, according to LSEG. Analysts at Piper Sandler des

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‘Tron: Ares’ Star Says Her Character Reveals a Hard Truth About AI and Humans

gizmodo.com Isaiah Colbert 2025-10-13 05:00:22

Even in the opening moments of the Tron: Ares trailer, the story wastes no time in putting humanity’s future with artificial intelligence into jeopardy. And while lots of fans are wondering what kind of performance we’re going to get out of Jared Leto in the titular role of Ares in the Nine Inch Nails-scored sci-fi sequel, fellow cast member Jodie Turner-Smith has a lot to say about how her character is aimed to provoke audiences to think hard about the realities of an AI-filled future. In a ne

Topics: ai ares athena smith turner

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Klarna revives IPO plans, aims to raise $1.27B

techcrunch.com Ram Iyer 2025-10-15 17:30:52

Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion. The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each, the company said in an update to its registration statement on Tuesday. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are

Topics: billion company klarna million shares

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The First ‘Tron’ Movies are Finally Getting Modern Releases

gizmodo.com Justin Carter 2025-10-18 07:50:26

If Tron: Ares has you wanting to watch the first two movies again, you’re in luck: they’re getting new and improved versions on September 16. During its Destination 23 showcase, Disney announced full remasters of the original Tron and its 2010 sequel Legacy are coming to Ultra 4K HD and digital. (It’s been a long time since either had physical versions, the last edition was a two-movie Blu-Ray bundle back in 2014.) Physical versions of the two films will come with fancy new steelbook editions s

Topics: ares disney time tron world

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‘Tron: Ares’ Uses Elements From a Decade-Old Script

gizmodo.com Germain Lussier 2025-10-21 13:15:38

When Tron: Ares hits theaters in October, it’ll be the end of a 15-year roller coaster ride. The second Tron, Tron: Legacy, was released in December 2010, and almost immediately, talks began about a sequel. In that time, multiple writers (15, in fact), directors, and actors attempted to return to the Grid only to fall short. But now, it’s coming, and it’s very different from what fans expected 15 years ago, though some key elements remain. One of the first writers brought on to pen Tron 3 was D

Topics: ares credit digilio story tron

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Listen to the ‘Tron: Ares’ Soundtrack the Way It’s Meant to Be Heard: On Tape

gizmodo.com Sabina Graves 2025-10-26 04:45:04

Along with the digital release of the Tron: Ares soundtrack, Nine Inch Nails is playing up the nostalgic music tech sensibilities of the franchise with its score on physical media. Collectors will be able to snag not only multiple vinyl variants of the music from the upcoming Walt Disney Pictures release but also a special edition cassette tape, which, for us ’90s NIN fans, is how we first listened to the industrial rock act. The analog release will only be available through the Nine Inch Nails

Topics: ares music release soundtrack tron

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U.S. government takes 10% stake in Intel, as Trump expands control over private sector

cnbc.com Kif Leswing 2025-10-30 00:12:48

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration's latest effort to exert control over corporate America. Intel shares rose about 6% during trading on Friday. They were flat in extended trading. Intel, the only American company capable of making ad

Topics: company government intel said shares

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U.S. government takes 10% stake in Intel

news.ycombinator.com Kif Leswing 2025-10-30 00:01:52

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration's latest effort to exert control over corporate America. Intel shares rose about 6% during trading on Friday. They were flat in extended trading. Intel, the only American company capable of making ad

Topics: company government intel said shares

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Palantir stock falls for sixth-straight day in longest losing streak since April 2024

cnbc.com Samantha Subin 2025-11-04 04:04:35

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Wednesday's moves also dropped Palantir out of the 20 most valuable U.S. companies ranking. The software analytics company achiev

Topics: company fundamentals left palantir shares

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Palantir stock plummets 18% from highs in longest losing streak since April 2024

cnbc.com Samantha Subin 2025-11-04 09:56:31

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market sell-off and came on the heels of a short seller report from Andrew Left's Citron Rese

Topics: correction fundamentals left palantir shares

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Palantir stock plummets 20% from highs in longest losing streak since April 2024

cnbc.com Samantha Subin 2025-11-05 04:48:39

Palantir shares sank into bear market territory Wednesday after six-straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 20% from the recent record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market selloff and came on the heels of a short-seller report from Andrew Left's Citron Research. He called t

Topics: company fundamentals left palantir shares

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SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

cnbc.com Amala Balakrishner 2025-11-06 04:28:45

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Other Japanese tech stocks also declined, with semiconductor giant Advantest falling as much as 6.27%. Meanwhile, shares in Renesas Electronics and Tokyo Electron were last seen trading 2.46% and 0.75% lower, respectively. The tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shar

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SoftBank Group shares plunge over 9% as Asian tech stocks decline

cnbc.com Amala Balakrishner 2025-11-06 08:02:42

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. The Japanese tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shares rose 6.97% to close at $25.31 Tuesday stateside. Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. Other Japanese tech

Topics: declined group shares stocks tech

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The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan

wired.com Nick Gibbs 2025-11-08 04:56:30

On a drab, overcast March day in Amsterdam in 2022, Stellantis CEO Carlos Tavares took off his face mask and strode onto a makeshift stage to confidently explain to a crowd of journalists and analysts how the company that had recently unified brands as diverse as Fiat, Peugeot, Maserati, Ram, and Opel was going rewrite the rules of the car industry. His tie sat slightly askew and his greying hair needed a trim, the picture of a man far too focused on applying dynamic capitalistic principles to a

Topics: business loss new stellantis tavares

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TeraWulf stock gains more than 4% as Google boosts stake in data center operator

cnbc.com Samantha Subin 2025-11-09 18:01:29

TeraWulf stock rallied more than 4% after Google hiked its stake in the bitcoin miner and data center operator as it funds an expansion of its Lake Mariner, New York, facility. Earlier in the session, shares had jumped over 10%. As part of the deal, Google will offer up to $1.4 billion in additional backstop, bringing its total to about $3.2 billion. It hikes Google's stake in TeraWulf to 14% from 8% and enables the tech giant to buy about 32.5 million shares of the company's stock. TeraWulf

Topics: company data google shares terawulf

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TeraWulf stock jumps more than 10% as Google boosts stake in data center operator

cnbc.com Samantha Subin 2025-11-10 09:51:18

TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and data center operator as it funds an expansion of its Lake Mariner, New York, facility. As part of the deal, Google will offer up to $1.4 billion in additional backstop, bringing its total to about $3.2 billion. It hikes Google's stake in TeraWulf to 14% from 8% and enables the tech giant to buy about 32.5 million shares of the company's stock. TeraWulf CEO Paul Prager said in a release that the agreement

Topics: company data google shares terawulf

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TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator

cnbc.com Samantha Subin 2025-11-10 18:14:36

TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and datacenter operator as it funds an expansion of its Lake Mariner, New York, facility. As part of the deal, Google will offer up to $1.4 billion in additional backstop, bringing its total to about $3.2 billion. It hikes Google's stake in TeraWulf to 14% from 8% and enables the company to buy about 32.5 million shares of the company's stock. CEO Paul Prager said in a release that the agreement solidifies t

Topics: 10 company datacenter google shares

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Warren Buffett’s Berkshire Hathaway offloads more AAPL shares

9to5mac.com Chance Miller 2025-11-13 03:22:01

Warren Buffett’s Berkshire Hathaway has again scaled back its stake in Apple. In a regulatory filing this week, Berkshire disclosed that it sold 20 million shares of Apple during the June quarter. Nonetheless, Apple remains the conglomerate’s largest holding at 280 million shares, valued at over $64 billion. Berkshire began buying Apple stock in 2016. At its peak in 2023, Berkshire Hathaway owned over 915 million shares of Apple, accounting for over 50% of the firm’s holdings. Buffett has trimm

Topics: apple berkshire buffett cook shares

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CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

cnbc.com Samantha Subin 2025-11-17 12:12:24

CoreWeave 's stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refer

Topics: analysts billion coreweave loss shares

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CoreWeave stock slumps 20% on wider-than-expected loss ahead of lock-up expiration

cnbc.com Samantha Subin 2025-11-17 17:49:56

CoreWeave 's stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave's results came as the lock-up period following its initial public offering is set to expire Thursday evening and potentially add volatility to shares. The term refer

Topics: analysts billion coreweave loss shares

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How Stock Options Work

news.ycombinator.com Unknown 2025-11-17 21:32:03

How Stock Options Work Employee stock-option programs are typically authorized by a company's board of directors (and have historically been approved by the shareholders) and give the company discretion to award options to employees equal to a certain percentage of the company's shares outstanding. Options give employees the right to buy a certain number of their company's shares at a fixed price for a certain period of time, usually 10 years. That price, usually the market price of the

Topics: company market price shares stock

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Latest Tech News

China's Baidu soars 16% to hit 2-year highs amid positive signs for its AI business

Musk buys $1bn worth of Tesla shares

Latest TRON: Ares trailer takes us back to 1982

Flynn Lives in New ‘Tron: Ares’ Trailer That Goes Heavy on Jeff Bridges

Little Nightmares 3 Hands-On: a Creepy Co-Op Game Arriving Just in Time for Halloween

Klarna’s IPO pops, raising $1.4B, with Sequoia as the biggest winner

Blumhouse Tries a New Scare Tactic With Netflix Series ‘Nightmares of Nature’

AppLovin and Robinhood added to S&P 500

What’s the Story Behind ‘Tron: Ares?’ Our Report From the Set

Figma's stock slumps 18% after first earnings report to lowest since IPO

‘Tron: Ares’ Star Says Her Character Reveals a Hard Truth About AI and Humans

Klarna revives IPO plans, aims to raise $1.27B

The First ‘Tron’ Movies are Finally Getting Modern Releases

‘Tron: Ares’ Uses Elements From a Decade-Old Script

Listen to the ‘Tron: Ares’ Soundtrack the Way It’s Meant to Be Heard: On Tape

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

U.S. government takes 10% stake in Intel

Palantir stock falls for sixth-straight day in longest losing streak since April 2024

Palantir stock plummets 18% from highs in longest losing streak since April 2024

Palantir stock plummets 20% from highs in longest losing streak since April 2024

SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

SoftBank Group shares plunge over 9% as Asian tech stocks decline

The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan

TeraWulf stock gains more than 4% as Google boosts stake in data center operator

TeraWulf stock jumps more than 10% as Google boosts stake in data center operator

TeraWulf stock jumps more than 10% as Google boosts stake in datacenter operator

Warren Buffett’s Berkshire Hathaway offloads more AAPL shares

CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

CoreWeave stock slumps 20% on wider-than-expected loss ahead of lock-up expiration

How Stock Options Work

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