Articles from www.cnbc.com

Articles from www.cnbc.com

Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company (www.cnbc.com)
12 minutes ago

Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (www.cnbc.com)
6 hours ago IPO Uber

Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (www.cnbc.com)
1 day ago IPO

Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (www.cnbc.com)
1 day ago 4Q Cisco

Nvidia says that Jensen Huang is joining President Trump on his China trip; source: the president asked Huang to join after seeing media coverage of his absence (www.cnbc.com)
1 day ago Trump China Nvidia

Waymo recalls ~3,800 robotaxis in the US to fix software issues that may cause them to drive onto flooded roads, after some were seen stalled on flooded streets (www.cnbc.com)
1 day ago

Qualcomm closed down 11.46% on Tuesday as chip stocks pull back from record AI-driven rally; Intel closed down 6.82%, Sandisk dropped 6%, and Micron 3.61% (www.cnbc.com)
2 days ago Intel AI

CME Group and Silicon Data announce a futures market for computing capacity, with contracts based on daily GPU benchmarks for on-demand rental rates (www.cnbc.com)
2 days ago

EU Commission President Ursula von der Leyen says the EU will take action against “addictive design” on TikTok and Instagram, including “endless scrolling” (www.cnbc.com)
2 days ago Instagram

Musk v. Altman: Satya Nadella says Elon Musk never contacted him with concerns that Microsoft's investments in OpenAI violated any special terms or commitments (www.cnbc.com)
3 days ago Microsoft Elon Musk

Google's TIG says it has likely thwarted efforts to use AI for a “mass exploitation event” and warns that tools like OpenClaw are being used to find exploits (www.cnbc.com)
3 days ago Google AI

Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others (www.cnbc.com)
3 days ago

A look at “YouTube whisperers” like Paddy Galloway and Mario Joos, a booming class of advisers that help popular YouTube creators grow their audiences (www.cnbc.com)
3 days ago YouTube

Nvidia embraces its role as an AI investor in 2026, committing $40B+ to equity investments including a $30B stake in OpenAI, $3.2B in Corning, and $2.1B in IREN (www.cnbc.com)
3 days ago AI Nvidia Equity

Whoop plans to offer on-demand video consultations with licensed clinicians for US users, and adds electronic health records and AI-powered health guidance (www.cnbc.com)
6 days ago AI

Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales (www.cnbc.com)
6 days ago Nintendo 4Q

Sony reports Q4 revenue of $19.4B, above ~$18.4B est., operating profit of ~$1.06B, below ~$1.7B est., and forecasts FY 2027 net profit to rise 13% to ~$7.4B (www.cnbc.com)
6 days ago 4Q Sony

French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe (www.cnbc.com)
6 days ago France Elon Musk

CoreWeave reports Q1 revenue up 112% YoY to $2.08B, vs. $1.97B est., a $99.4B revenue backlog, forecasts Q2 revenue below estimates; CRWV drops 8%+ after hours (www.cnbc.com)
7 days ago

Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours (www.cnbc.com)
7 days ago AI Nvidia

Coinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours (www.cnbc.com)
7 days ago Coinbase

Airbnb reports Q1 revenue up 18% YoY to $2.68B, vs. $2.62B est., Nights and Seats Booked up 9% to 156.2M, vs. 155.77M est., lifts 2026 revenue growth guidance (www.cnbc.com)
7 days ago Airbnb

Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ after hours (www.cnbc.com)
8 days ago

Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025, amid the AI boom; Q2 revenue rose 17% YoY, while R&D jumped 34% YoY (www.cnbc.com)
8 days ago AI Apple

Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech, boosting Corning's US capacity 10x (www.cnbc.com)
8 days ago Manufacturing Nvidia Texas

Micron closes up 11% after announcing its highest-capacity SSD has started to ship, lifting its market cap past $700B for the first time; Sandisk closes up 12% (www.cnbc.com)
9 days ago

Memo: Xbox CEO Asha Sharma overhauls the group's leadership, including bringing over executives from Microsoft's CoreAI engineering unit where she worked before (www.cnbc.com)
9 days ago Microsoft Xbox

Intel stock jumps 12%+, hitting a new all-time high, on a report that Apple has had early-stage talks with Intel about enlisting Intel's chipmaking services (www.cnbc.com)
9 days ago Intel Apple

Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20% (www.cnbc.com)
10 days ago

Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours (www.cnbc.com)
10 days ago

Previous Page Next Page