Mobileye shares plunge after chipmaker warns of order pullback

Mobileye shares plunge after chipmaker warns of order pullback

Mobileye signage is displayed during the company’s initial public offering at the Nasdaq MarketSite in New York on Oct. 26, 2022. Michael Nagle | Bloomberg | Getty Images Mobileye, the self-driving technology company majority owned by Intel, warned on Thursday that it expected that customer orders would drop off dramatically for the first quarter of…

Killing of senior Hamas leader in Lebanon stokes fears of Gaza war spreading beyond enclave

Killing of senior Hamas leader in Lebanon stokes fears of Gaza war spreading beyond enclave

The destroyed Hamas’ office that was attacked by Israel on 02 January killing Palestinian leader Saleh al-Arouri and six others pictured from shattered glass in Beirut southern suburb. Marwan Naamnai | Picture Alliance | Getty Images The killing of senior Hamas leader Saleh al-Arouri in Lebanon’s capital of Beirut has sparked fears that the war…

Online holiday spending jumps nearly 5% to record, Adobe Analytics says

Online holiday spending jumps nearly 5% to record, Adobe Analytics says

A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics. Sales…

Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019

Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company…

Mark Zuckerberg sold Meta shares worth $428M to close out 2023: filing

Mark Zuckerberg sold Meta shares worth $428M to close out 2023: filing

Meta boss Mark Zuckerberg pocketed nearly half a billion dollars after selling his company’s shares nearly every day during the last two months of 2023 — a move that coincided with a massive rebound in the Facebook and Instagram parent’s stock price. The Facebook founder sold a total of nearly 1.28 million shares to secure…

Could AI cause human extinction? Experts reveal how likely that really is

Could AI cause human extinction? Experts reveal how likely that really is

Could humans suffer the same fate as the dinosaurs? While there’s still a lot of uncertainty around the risk potentially posed by artificial intelligence, some experts have some concerns AI could trigger humankind’s downfall. But even more alarming: scientists believe there’s a 50% chance AI will outperform humans in the next 20 years or so….