Cnbc - 24/03/2023 17:00

Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade

Luminar's shares have fallen 16% since the downgrade. Now, the company's CFO is taking his rebuttal directly to shareholders.

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Cnbc - World

Activist investor Jana discloses 'significant' stake in Wolfspeed, urges semiconductor manufacturer to consi...

23/04/2024

Luminar's shares have fallen 16% since the downgrade. Now, the company's CFO is taking his rebuttal directly to shareholders. Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC. [Read more]

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus...

23/04/2024

Former President Donald Trump is already the majority shareholder in Trump Media, which trades under the ticker DJT. [Read more]

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynami...

23/04/2024

The move will create new hardware devices that run the same operating system and software as Quest 3 and Quest Pro. [Read more]

Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google...

23/04/2024

This quarter's earnings reports from the U.S. tech giants coincide with a mountain of drama that the companies are facing. [Read more]

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Cnbc - Finance

What investors should know about the UAW's organizing drive of VW...

23/04/2024

The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry. [Read more]

Disney technology executive Aaron LaBerge to leave company for personal reasons...

23/04/2024

Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway. [Read more]

Boeing expects slower production increase of 787 Dreamliner because of parts shortages...

23/04/2024

Boeing reports quarterly results before the market opens on Wednesday. [Read more]

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings...

23/04/2024

The FTC argued the combination of Tapesty and Capri would hurt consumers and workers. [Read more]

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