Nintendo Switch 2 powered a $39 billion stock rally this year

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Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches […]


Senate passes landmark GENIUS Act stablecoin bill

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The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025.  Gabby Jones | Bloomberg | Getty Images The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private […]


SK Hynix rises to over 2-decade highs as parent group plans data center

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Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares in South Korean chipmaker SK Hynix extended gains to hit a more than 2-decade high on Tuesday, following reports over the weekend that SK Group plans to build the country’s largest AI data center. […]


AMD shares rise 10% after analysts say they expect a ‘snapback’

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AMD CEO Lisa Su unveils the AMD vision for Advancing Al. Courtesy: AMD Shares of Advanced Micro Devices rose nearly 9% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement. The analysts said they see a snapback for AMD’s graphics processing units, […]


Taiwan blacklists China’s Huawei and SMIC, aligning more with U.S. policy

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The U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap Arriens | Nurphoto | Getty Images Taiwan has added China’s Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade […]


How AI is disrupting the advertising industry

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An AI assistant on display at Mobile World Congress 2024 in Barcelona. Angel Garcia | Bloomberg | Getty Images Artificial intelligence is shaking up the advertising business and “unnerving” investors, one industry leader told CNBC. “I think this AI disruption … unnerving investors in every industry, and it’s totally disrupting our business,” Mark Read, the […]


Anne Wojcicki to buy back 23andMe and its data for $305 million

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23andMe founder Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing in Washington, D.C., on June 10, 2025. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, […]


What I learned following Jensen Huang around Europe

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Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Emmanuel Macron, France’s president at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty Images Nvidia boss Jensen Huang has been on a tour of Europe this week, bringing excitement and intrigue to everywhere […]


Tesla faces protests in Austin over Musk’s robotaxi plans

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Blythe Christopher attends a demonstration to protest Tesla robotaxis on June 12, 2025 in Austin, Texas. Todd Wiseman With Elon Musk looking to June 22 as his tentative start date for Tesla’s pilot robotaxi service in Austin, Texas, protesters are voicing their opposition. Public safety advocates and political protesters, upset with Musk’s work with the […]


Shaq to pay $1.8 million to settle FTX investor lawsuit

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Shaquille O’Neal sits on the bench before the game between the Indiana Pacers and the New York Knicks during Game 2 of the 2025 Eastern Conference Finals at Madison Square Garden in New York City, New York, on May 23, 2025. Jesse D. Garrabrant | National Basketball Association | Getty Images Shaquille O’Neal has agreed […]