Author: Editor-In-Chief
It’s been a tough week in the hardware world, with iRobot, Luminar, and Rad Power Bikes filing for bankruptcy. Each company faces a unique combination of tariff pressures, supply chain issues, and market shifts, but together they tell a larger story about the challenges of building physical products in an era of global trade tensions and cheap foreign competition. This week’s bankruptcies are a warning sign for every hardware startup, from the Roomba maker that was nearly acquired by Amazon to the e-bike company that couldn’t escape its Chinese supply chain. Today on TechCrunch’s Equity podcast, hosts Anthony Ha, Rebecca…
CNBC’s Jim Cramer reviewed Thursday’s market performance and told investors that despite losses at Big Tech, gains in consumer companies are pushing stock prices higher. Huge spending on artificial intelligence is attracting attention.”Retail is such a huge part of this economy that it can mask the kinds of questionable transactions that we’ve seen in the past at the highest levels of technology,” he said.of S&P500 On Thursday, the stock ended a four-day losing streak and closed up 0.79%. of Nasdaq Composite Add 1.38%; Dow Jones Industrial Average It increased by 0.14%. Wall Street welcomed the weaker-than-expected inflation data after the…
Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Friday’s key moments. 1. Stocks rose on Friday, led by a rally in Big Tech stocks as AI trading looks to regain momentum. Nvidia shares rose nearly 3% after Bernstein noted that the company trades at a forward P/E ratio of 25 times, which puts it in the 11th percentile of valuation over the past 10 years. That’s cheap for the AI chip leader. The market strength spread across the semiconductor group, with Broadcom, AMD, and Micron all gaining. One stock…
People looking at fruit at a shop at Tsukiji Outer Market, Tokyo, August 22, 2025 (Photo by: Philip FONG/AFP) (Photo by: PHILIP FONG/AFP via Getty Images) Philip Fong | AFP | Getty ImagesJapan’s consumer inflation rate fell to 2.9% in November, staying above the 2% target set by the country’s central bank for the 44th straight month, adding to already strong prospects for rate hikes. Core inflation, which excludes fresh food prices, was unchanged from 3% in October, in line with the average forecast of economists polled by Reuters.The data came as the Bank of Japan is poised to raise…
He may be in his third season at Old Trafford, but it seems Manchester United fans are finally starting to see the best parts of Mason Mount.When Erik ten Hag paid £55 million for the then-maligned Chelsea star, question marks arose, especially given concerns over his fitness and the Dutchman’s lack of a clear role in the system. After early struggles, he seems to have found his feet under Ruben Amorim. Emerging as an early favorite of the Portuguese, he is currently the most consistent of the team at the Theater of Dreams and has already equaled the highest number…
At Meta, everything is hands-on as we develop new AI models under the Superintelligence Lab led by Scale AI co-founder Alexandr Wang. The company is currently working on an image and video model codenamed “Mango,” and a new text-based model internally called “Avocado,” The Wall Street Journal reported. The tech giant plans to launch new models in the first half of 2026, the paper said, citing an internal Q&A with Meta on Thursday, in which Wang and chief product officer Chris Cox announced a new roadmap. Wang said Meta aims to improve the coding capabilities of text-based models, while at…
fedex CEO Raj Subramaniam reflected on the shipping company’s quarter in an interview with CNBC’s Jim Cramer on Thursday, highlighting the strength of its intercompany transactions.”FedEx is at the heart of the industrial economy, and that’s the global network we have in place,” Subramaniam said. “We are always focused on differentiating ourselves and providing new value to our customers.””So we’re winning in important areas,” he continued, “whether it’s health care, aerospace, defense, and now with new data centers and investments in AI.”FedEx released its quarterly report after the close of trading on Thursday, with higher sales and bottom line results.…
Intel was once the world’s largest semiconductor company, but its market capitalization has plummeted in recent years as it fell behind Taiwan Semiconductor Manufacturing and spent billions of dollars trying to catch up. Now, Intel has started mass production of 18A, a new chip node that it says will turn things around.The biggest problem? Convince major chip makers to trust Intel to manufacture at the new node. For now, Intel’s only major customer is itself. The company’s long-awaited Core Ultra Series 3 PC processors (codenamed Panther Lake) will be the first major products built at 18A to arrive in PCs…
Forecasters were using the most dire language possible Friday to characterize the extremely dangerous fire threat in parts of the foothills of Colorado and Wyoming. “This is a particularly dangerous situation that poses a serious threat to life and property if a wildfire occurs,” the so-called PDS red flag warning issued by the National Weather Service offices in Boulder, Colorado, and Cheyenne, Wyoming, says. This is the first PDS red flag warning issued in Colorado. The rare warning is in effect for parts of the state’s foothills, including parts of Boulder and Jefferson counties and Laramie County, Wyoming. “Residents are…
Three-time women’s world champion Beau Greaves will face World Cup winner Darryl Gurney in the first round of the World Darts Championship on Friday, but the 21-year-old is now more confident of matching her obvious talent.Last year, Greaves withdrew from competing in the World Darts Championship and instead focused on winning her third consecutive WDF Women’s World Championship, saying in October 2024: “I know I’m not keen on playing against lads on TV. I don’t feel like I can win it.” She added at the time: “People say I’m stubborn, but I know how good I am and what I…