Articles from www.cnbc.com

Articles from www.cnbc.com

In an internal meeting, OpenAI finance chief Sarah Friar told employees that the company's annualized recurring revenue in July was higher than in Q2 as a whole (www.cnbc.com)
22 days ago

Meta reports Reality Labs Q2 revenue up 16% YoY to $431M, vs. $423.4M est., and a $4.62B operating loss, vs. $5.07B estimated (www.cnbc.com)
22 days ago

Microsoft reports Q4 Azure and other cloud services revenue up 43% YoY, vs. 40% est., and says Azure revenue in FY 2026 exceeded $100B for the first time (www.cnbc.com)
22 days ago Microsoft 4Q

SK Hynix reports Q2 revenue up 257% YoY to ~$54.34B, below ~$57.56B est., and operating profit up 557% YoY to ~$41.48B, below analyst estimate of ~$43.85B (www.cnbc.com)
23 days ago

eBay and several ex-executives agree to pay a $56M settlement to resolve a 2021 civil case involving the 2019 stalking and harassment of two e-commerce bloggers (www.cnbc.com)
23 days ago eBay

Filing: Shein says its US business is under FTC investigation and it is “cooperating”, without giving specifics, as the company prepares for an IPO in Hong Kong (www.cnbc.com)
23 days ago Hong Kong IPO

Source: Sam Altman will meet with senior US officials, lawmakers, and economists in Washington, DC, this week to preview OpenAI's upcoming family of AI models (www.cnbc.com)
24 days ago AI

NBCU and YouTube reach a multiyear deal to include all Peacock content in YouTube Premium subscriptions in the US starting in early 2027 (www.cnbc.com)
24 days ago YouTube

CXMT shares jumped as much as 470% in its Shanghai debut, giving the memory chipmaker a ~$487B market cap, making it the most valuable China-listed company (www.cnbc.com)
25 days ago China Shanghai

The US, China, and other APEC economies release a statement supporting open models, while emphasizing respect for security, data protection, and IP rights (www.cnbc.com)
26 days ago China APEC

Trump says the US will initiate a probe into the EU's practice of “robbing” US tech giants with fines, threatening the bloc with “substantial” tariffs (www.cnbc.com)
27 days ago Trump

In their letter defending open-weight AI, tech companies urge lawmakers to avoid “premature restrictions” that “stifle competition or drive innovation overseas” (www.cnbc.com)
27 days ago AI

Amazon tells third-party sellers to label product ads with AI-generated people to comply with a NY law requiring the disclosure of “synthetic performers” in ads (www.cnbc.com)
27 days ago Amazon AI

Ukraine ratchets up its attacks on warehouses of Russian e-commerce giant Wildberries, signaling a new phase in the war as it seeks to hamper Russia's economy (www.cnbc.com)
27 days ago Russia Ukraine

Oracle wins a 10-year software contract with the Pentagon worth up to $7B; the contract covers the use of Oracle software in on-premises data centers (www.cnbc.com)
27 days ago Oracle Pentagon

Tesla stock closed down 14.52% and Alphabet closed down 6.89% after they signaled increased AI spending, amid worries about the mounting costs of the AI boom (www.cnbc.com)
28 days ago AI Tesla Alphabet

Intel reports Q2 revenue up 25% YoY to $16.1B, vs. $14.42B est., its fastest sales growth in ~15 years on “unprecedented” demand; INTC jumps 10%+ after hours (www.cnbc.com)
28 days ago Intel

Reddit's stock closed down 8.32% after a report that the company was considering ending Google's access to its content for AI training; RDDT is down ~27% YTD (www.cnbc.com)
29 days ago Google AI Reddit

IBM reports Q2 revenue up 1% YoY to $17.2B, vs. $17.6B est., infrastructure revenue down 7% to $3.8B, Z mainframe revenue down 42%, and lowers its 2026 forecast (www.cnbc.com)
29 days ago IBM

TSMC forecasts “several years” of margin dilution as overseas fab projects ramp up; the company has announced $200B in investment into US manufacturing (www.cnbc.com)
29 days ago Manufacturing

Federal lobbying disclosures: Anthropic spent $1.97M in Q2, up 26% QoQ, and OpenAI spent $1.2M, up 18%; Meta remained the largest spender at $5.99M, down 15% (www.cnbc.com)
30 days ago

Google says Gemini 3.6 Flash delivers better coding, knowledge work, and multimodal performance while reducing output token usage by up to 17% vs. 3.5 Flash (www.cnbc.com)
30 days ago Google

US Treasury Secretary Scott Bessent says the Trump administration is looking into Chinese AI models over distillation claims and it could “sanction them” (www.cnbc.com)
30 days ago Trump China AI

AMD plans to ship Helios, its first rack-scale AI system to rival Nvidia, later in 2026 to Microsoft, Meta, OpenAI, and others; Helios costs an estimated $5M+ (www.cnbc.com)
2026-7-20 Microsoft AI Nvidia AMD

TSMC CFO Wendell Huang says TSMC will use its new $100B US commitment, announced last week, to expand its Arizona capacity amid a “multi-year demand mega trend” (www.cnbc.com)
2026-7-20

During an internal meeting, Satya Nadella criticized Claude Fable 5 for being “editorially controlled”, saying its refusal to do “random things” makes no sense (www.cnbc.com)
2026-7-17

Netflix reports Q2 revenue up 13% YoY to $12.56B, vs. $12.59B est., and says it will give fewer engagement updates starting in 2027; NFLX drops 7%+ after hours (www.cnbc.com)
2026-7-17 Netflix

Fireworks, which helps developers access AI chips and open-source models, raised $1.5B at a $17.5B valuation and says it has exceeded $1B in annualized revenue (www.cnbc.com)
2026-7-16 AI

Nvidia unveils Cosmos 3 Edge, a world model designed for robots and vision AI agents to perceive and navigate physical environments in real time (www.cnbc.com)
2026-7-16 AI Robot Nvidia

TSMC reports Q2 revenue up 36% YoY to ~$39.45B, net income up 77.4% YoY to ~$21.9B, both above est., and says chips 7nm or smaller were 77% of its wafer revenue (www.cnbc.com)
2026-7-16

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