Articles from www.cnbc.com

Articles from www.cnbc.com

An interview with Amazon SVP of Devices Panos Panay on designing custom chips for Echo and Fire TV devices, experimenting with AI-enabled gadgets, and more (www.cnbc.com)
3 days ago Amazon Interview AI

Soaring memory costs are posing existential threats to small electronics makers, amid thin margins, low supply chain leverage, and little room for price hikes (www.cnbc.com)
6 days ago

Sports clips' rise on platforms like YouTube has left broadcasters debating whether to use them to attract younger viewers or protect their subscription revenue (www.cnbc.com)
7 days ago YouTube

Polymarket says its annualized revenue is now $1B+; Dune Analytics: daily volume on Polymarket's US platform rose from ~$50M in mid-May to $200M+ by June 20 (www.cnbc.com)
8 days ago

Oracle's stock fell 19% this week, the steepest weekly drop since a 20% plunge in August 2001, amid concerns about its debt load and AI investments (www.cnbc.com)
8 days ago AI Oracle

President Trump threatens to impose a 100% tariff on any country that imposes a digital services tax on US companies (www.cnbc.com)
9 days ago Trump Tax

Chipmaker Onsemi agrees to buy Synaptics in a nearly $7B all-stock deal expected to close in the middle of 2027; ON drops 9%+ and SYNA jumps 11%+ after hours (www.cnbc.com)
9 days ago

Apple stock closed down 6.15% on Thursday after the company raised some product prices, its worst fall since April 2025 (www.cnbc.com)
9 days ago Apple

Micron reports Q3 revenue up 346% YoY to $41.46B, vs. $35.84B est., gross margin above estimates, and forecasts Q4 revenue above est.; MU jumps 14%+ after hours (www.cnbc.com)
10 days ago 4Q

Qualcomm unveils Dragonfly C1000, a new data center CPU built for agentic AI, and says Meta will use the chip when production starts in 2028 (www.cnbc.com)
10 days ago AI

Cerebras reports Q1 revenue up 94% YoY to $193.4M, net loss down 41% to $14M, and forecasts core gross margin to shrink in Q2; CBRS drops 8%+ after hours (www.cnbc.com)
11 days ago

South Korea's tech-heavy Kospi index falls 10%, dragged down by SK Hynix and Samsung; STMicro and ASML fall ~7%, and US tech stocks fall in pre-market trading (www.cnbc.com)
12 days ago Korea Samsung

Syntun: online sales during China's 618 shopping festival grew 4% YoY, a sharp drop from 15.2% growth last year, amid a persistent consumer spending slowdown (www.cnbc.com)
12 days ago China

SpaceX announces a senior unsecured notes offering and discloses that it has about $100.8B in cash; SPCX drops 8%+ (www.cnbc.com)
13 days ago SpaceX

SpaceX signs a computing deal worth up to $6.3B with Reflection AI for access to Nvidia GB300s at Colossus 2; Reflection will pay $150M per month through 2029 (www.cnbc.com)
13 days ago AI Nvidia SpaceX

Filing: Jio Platforms, India's largest wireless operator with 526M+ subscribers, files for an IPO; the deal is expected to be one of India's biggest IPOs ever (www.cnbc.com)
16 days ago India IPO

Report: DeepSeek's first external funding round has a non-negotiable term that investors should not poach its staff or encourage them to start own companies (www.cnbc.com)
17 days ago

Intel stock jumps around 9% in premarket trading, after Trump said “Apple has agreed to work with Intel to design and build its Chips in America” (www.cnbc.com)
17 days ago Trump U.S. Intel Apple

Sources: Dario Amodei and Demis Hassabis called for a US-led coalition to shape AI rules and standards at a closed-door meeting at the G7 summit on Wednesday (www.cnbc.com)
18 days ago AI

Databricks says annualized revenue rose 80%+ YoY to $6.9B, up from $5.4B in Q4; CEO Ali Ghodsi says higher AI agent usage is increasing costs, lowering margins (www.cnbc.com)
18 days ago AI 4Q

SpaceX closed up 4.8% on Tuesday with a $2.65T market cap, just above Amazon's, after popping ~12% intraday and briefly overtaking Microsoft's $2.93T market cap (www.cnbc.com)
18 days ago Amazon Microsoft SpaceX

SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it “might be able to reach” around $1T revenue in 2030, up from $18.7B in 2025 (www.cnbc.com)
19 days ago SpaceX

Electronic Arts launches EA Advertising, letting brands integrate directly into gameplay through dynamic, real-time placements, including stadium signage (www.cnbc.com)
20 days ago

SpaceX IPO raised a total of $85.7B as underwriters exercised their overallotment of shares, after raising an initial $75B on June 11 (www.cnbc.com)
20 days ago IPO SpaceX

Salesforce agrees to acquire AI customer service platform Fin, formerly Intercom, for ~$3.6B, in a deal expected to close in Q4 of its 2027 fiscal year (www.cnbc.com)
20 days ago AI 4Q Salesforce

Fox says it obtained a $12B loan for the Roku deal; existing Fox shareholders are expected to own ~73% of the combined company and Roku shareholders ~27% (www.cnbc.com)
20 days ago

SpaceX debuts on the Nasdaq at $150, after pricing at $135, making Elon Musk the world's first trillionaire; SPCX is up ~30% intraday, for a ~$2.3T market cap (www.cnbc.com)
23 days ago Elon Musk SpaceX

SpaceX makes Nasdaq debut at $150 after pricing its shares at $135, giving it a market cap of $1.9T; Elon Musk becomes the world's first trillionaire (www.cnbc.com)
23 days ago Elon Musk SpaceX

Anthropic, OpenAI, and other AI startups have announced major London expansions over the past year, as the city emerges as a key AI talent hub outside the US (www.cnbc.com)
23 days ago Startup AI London

DoorDash launches an in-app AI chatbot to let users order food and groceries and make reservations with photos and prompts (www.cnbc.com)
24 days ago AI chatbot

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