"We should encourage people to make tons of money and then also find ways to widely distribute wealth and share the compounding magic of capitalism," he wrote.

Musk has blasted President Donald Trump's "One Big Beautiful Bill," calling out the potential for the spending package to increase the national debt.

While "F1" was a victory lap for Apple, Wall Street's reaction to the company's AI announcements at WWDC suggest there's some trouble underneath the hood.

The 830 Microsoft employees who lost their jobs in Washington included cloud solution architects, game designers and lawyers.

AI developers still clamor for the latest Nvidia chips, which have improvements that make them better for training and deploying models.

Tech IPOs had a breakout month in June, led by crypto firm Circle, leading some investors to predict a big second half of the year.

Tripadvisor shares jumped 10% after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing.

Apple is facing intense competition in China from a resurgent Huawei.

Baidu search has been facing pressure from AI rivals like Tencent and DeepSeek.

AI voice generation platform ElevenLabs reveals plans to be IPO-ready within five years.

The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced.

Hewlett Packard Enterprise's closing of its Juniper deal created an opening in the index, which has added several technology companies in recent months.

OpenAI said it was not involved in Robinhood’s launch of tokenized shares in Europe, warning users the assets were issued without its approval.

Freevee was originally born out of IMDb, the TV and movie service Amazon acquired in 1998.

Stocks tied to the price of ether were higher, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization.

CEO Vlad Tenev said the goal is to merge crypto infrastructure with traditional finance by putting real products in customers’ hands.

Elon Musk's social media platform X was hit with an outage, leaving some users unable to load the site.

Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.

Honor launched the Magic V5 on Wednesday, it's latest foldable smartphone that will initially launch in China and then overseas markets.