CNBC Tech - Gaming

Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
  1. On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
  2. Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
  3. Based on SpaceX's updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
  4. CNBC's Jim Cramer warned that a growing wave of AI-related capital raises could overwhelm investor demand and create a near-term headwind for stocks.
  5. CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.
  6. With demand booming for printed circuit boards, the U.S. government is trying to boost domestic production to move away from reliance on China.
  7. Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.
  8. In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.
  9. The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
  10. Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads.