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Bitcoin jumps above $71,000 as U.S. presidential election winds down

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Crypto assets rose as investors awaited direction on the potential outcome of the U.S. presidential election.
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Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'

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Amazon CEO Andy Jassy denied speculation that the recently announced RTO mandate was made to further reduce head count or appease city officials.
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Perplexity AI in final stages of raising $500 million round at $9 billion valuation

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Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.
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Nvidia passes Apple as world's most valuable company

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Nvidia shares have nearly tripled this year as demand continues to swell for the company's graphics processing units.
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Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

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Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.
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Cryptocurrencies rise as investors brace for election results, bitcoin briefly tops $70,000

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Cryptocurrencies were higher as investors looked forward to results from the U.S. presidential election.
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Palantir shares close up 23% to record on uplifting guidance

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Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.
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How your favorite social media apps are preparing for election conspiracies

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Social media companies are under intense pressure to squash the spread of disinformation on their platforms during the 2024 elections
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Amazon gets FAA approval for new delivery drone as it begins tests in Arizona

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Amazon says it has received approval from the FAA to fly its newer, smaller delivery drones, including beyond the visual line of sight of pilots.
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OpenAI hires Meta's former Orion head to lead its robotics efforts

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The former head of Meta's augmented reality glasses initiative has joined OpenAI to lead the startup's robotics and consumer hardware efforts.
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Coinbase's big election bet is about to be tested

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Coinbase emerged as a top corporate donor this election cycle, backing candidates the company viewed as supporting its pro-crypto agenga.
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Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

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Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
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Meta extends ban on new political ads past Election Day

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Meta extends restriction period for new political ads throughout the week of the U.S. elections.
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Marqeta shares plunge more than 30% on big forecast miss

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Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.
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Palantir shares surge 20% on revenue outlook

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Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.
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Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

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Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.
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The Dow needs Nvidia to give chipmakers representation in index after Intel's plunge

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Intel has fallen so far so fast that the chipmaker's stock price is no longer having an impact on the Dow Jones Industrial Average.
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The year's top tech stock is up 300% thanks to AI โ€” but it's not Nvidia

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With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.
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Coinbase, a16z and others pour more than $78 million into pro-crypto PAC for 2026 election

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The pro-crypto super PAC Fairshake says it's raised $78 million for the 2026 midterms.
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