Articles from www.cnbc.com

Articles from www.cnbc.com

Analysts estimate Microsoft Azure's revenue, fueled in part by AI growth, is ~75% as big as AWS', up from ~50% five years ago (www.cnbc.com)
2024-2-13 Microsoft AI

As SBF prepares to face sentencing in March, FTX customers look at the possibility of recouping their money, stemming largely from the crypto market's rebound (www.cnbc.com)
2024-2-12

A look at Aware, whose AI tools let companies track employee sentiment and weed out toxicity by monitoring employee chatter on Slack, Teams, and other apps (www.cnbc.com)
2024-2-11 AI Slack

Cloudflare reports Q4 revenue up 32% YoY to $362.5M, vs. $353.1M est., net loss of $27.9M, vs. $45.9M YoY, and Q1 revenue guidance above est.; NET jumps 17%+ (www.cnbc.com)
2024-2-9 4Q

Pinterest Q4: revenue up 12% YoY to $981.3M, vs. $991M est., MAUs up 11% YoY to 498M, vs. 487M est., and a weaker-than-expected Q1 forecast; PINS drops 10%+ (www.cnbc.com)
2024-2-9 4Q

Arm closed up 47.89% after issuing a strong profit forecast, adding ~$38B to its market cap, with $34B+ of that accruing to SoftBank, which owns 90% of Arm (www.cnbc.com)
2024-2-9

Disney plans to invest $1.5B for a stake in Epic Games and work with the gaming studio to create new games with content from Disney, Pixar, Marvel, and more (www.cnbc.com)
2024-2-8

Roblox reports Q4 revenue up 30% YoY to $749.9M, bookings up 25% YoY to a record $1.1B, DAUs up 22% YoY to 71.5M, and $2.8B in 2023 revenue; RBLX jumps 13%+ (www.cnbc.com)
2024-2-8 4Q

Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours (www.cnbc.com)
2024-2-7 4Q

Why is Switzerland home to so many billionaires? (www.cnbc.com)
2024-2-7 Switzerland

Nintendo reports Q3 net sales of ~$4B and net profit of ~$919M, both above estimates, expects to sell 15.5M Switch consoles in current fiscal year, up from 15M (www.cnbc.com)
2024-2-6 Nintendo

Red Sea tensions risk significantly higher inflation, OECD warns (www.cnbc.com)
2024-2-6 Inflation

Trump wants to debate Biden 'immediately' — but president shrugs him off (www.cnbc.com)
2024-2-6 Trump

Oil market will face supply shortage by end of 2025, Occidental CEO says (www.cnbc.com)
2024-2-6 Oil

Palantir reports Q4 revenue up 20% YoY to $608.4M, vs. $602.4M est., net income $93.4M, up from $30.9M YoY, and LLM tech saw “unrelenting” demand; PLTR up 14%+ (www.cnbc.com)
2024-2-6 4Q

BlackRock and J.P. Morgan : Future Of The Housing Market (www.cnbc.com)
2024-2-6 Real Estate JPMorgan

McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while (www.cnbc.com)
2024-2-6 Israel Starbucks

Mortgage rates jump back over 7% as stronger economic data rolls in (www.cnbc.com)
2024-2-6 mortgage

Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit. (www.cnbc.com)
2024-2-6

Bill Gates- and Jeff Bezos-backed startup discovers large-scale copper deposit in Zambia (www.cnbc.com)
2024-2-6 Startup Bill Gates Jeff Bezos

Last week's earnings showed signs of an ad market turnaround, with Meta's ad sales up 24% YoY, Amazon's ad business growing 27%, and Google's ad business up 11% (www.cnbc.com)
2024-2-6 Google Amazon

Snap plans to lay off 10% of its global workforce, or around 529 employees (www.cnbc.com)
2024-2-6

More Americans are working remotely for international companies—here's where they live (www.cnbc.com)
2024-2-5 U.S.

Why U.S. renters are taking corporate landlords to court (www.cnbc.com)
2024-2-5 U.S.

What Walmart's new focus on employee stock means for the labor market and average American household (www.cnbc.com)
2024-2-5 Stock U.S. Walmart

Biden administration looks to forgive student debt of borrowers in hardship. The administration is working to identify pathways to forgive student debt for as many borrowers as possible while staying within the limits articulated by the Supreme Court last year. (www.cnbc.com)
2024-2-4

Investment in AI remained a dominant theme in tech earnings calls, with AI models that clients can customize according to their needs a key priority (www.cnbc.com)
2024-2-4 AI

China's economy has been bad, but not bad enough for big stimulus: China Beige Book CEO (www.cnbc.com)
2024-2-3 China

Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend (www.cnbc.com)
2024-2-3

Manufacturing and construction are hiring — but there aren't enough people trained to fill the jobs (www.cnbc.com)
2024-2-3 Manufacturing

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