Articles from www.cnbc.com

Articles from www.cnbc.com

Workday announces CEO Carl Eschenbach is stepping down and will be replaced by the company's co-founder, Aneel Bhusri, effective immediately; WDAY drops 8%+ (www.cnbc.com)
10 days ago

Internal memo: Sam Altman tells staff that ChatGPT is “back to exceeding 10% monthly growth”, and OpenAI plans to release “an updated Chat model” this week (www.cnbc.com)
10 days ago

Nvidia stock closes up 7.87% after Jensen Huang said the tech industry's surging capex for AI infrastructure is justified, appropriate, and sustainable (www.cnbc.com)
12 days ago AI Nvidia

Goldman Sachs says it has been working with Anthropic on AI agents to automate a growing number of roles at the bank, including client vetting and onboarding (www.cnbc.com)
13 days ago AI Goldman

Reddit reports Q4 revenue up 70% YoY to $726M, vs. $665M est., DAUq up 19% to 121.4M, above est., forecasts Q1 revenue above est., announces a $1B share buyback (www.cnbc.com)
13 days ago 4Q Reddit

Amazon reports Q4 AWS revenue up 24% YoY to $35.6B, vs. $34.9B est., AWS operating income up 17% YoY to $12.5B, and boosts capex in 2026 to $200B (www.cnbc.com)
13 days ago Amazon 4Q

Sony reports Q3 revenue up 1% YoY to ~$23.68B, vs. ~$23.53B est., operating profit up 22% to ~$3.28B, vs. ~$2.99B est., raises FY operating profit outlook 8% (www.cnbc.com)
14 days ago Sony

Andy Jassy taps Dharmesh Mehta, Amazon VP of worldwide selling partner services, as technical advisor, a “shadow” role often leading to greater responsibilities (www.cnbc.com)
14 days ago Amazon

Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., and announces a $500M share buyback; SNAP jumps 5%+ after hours (www.cnbc.com)
14 days ago 4Q

Microsoft says cybersecurity head Charlie Bell will move into a position focused on engineering quality; Hayete Gallot will return from Google to run security (www.cnbc.com)
14 days ago Google Microsoft

KKR and Singtel agree to acquire the remaining 82% stake in data center operator STT GDC for ~$5.1B, giving the company an enterprise value of ~$10.86B (www.cnbc.com)
15 days ago

Bitcoin dived below the $73,000 mark on Tuesday, hitting its lowest price since November 2024 as heavy selling resumes amid mounting geopolitical concerns (www.cnbc.com)
15 days ago Bitcoin

Nintendo reports Q3 revenue of $5.2B vs. $5.45B est., a net profit of $1.03B vs. $950M est., and maintains its 19M Switch 2 sales forecast for fiscal 2026 (www.cnbc.com)
16 days ago Nintendo

Palantir reports Q4 revenue up 70% YoY to $1.41B, vs. $1.33B est., and forecasts FY 2026 and Q1 revenue above estimates; PLTR jumps 6%+ after hours (www.cnbc.com)
16 days ago 4Q

OpenAI plans to retire several models from ChatGPT on February 13, including GPT‑4o, GPT‑4.1, and o4-mini, saying only 0.1% of users still choose GPT-4o (www.cnbc.com)
20 days ago

Apple reports Q1 revenue up 16% YoY to $143.76B, vs. $138.48B est., net income up 16% to $42.1B, and China net sales up 38% to $25.53B (www.cnbc.com)
20 days ago China Apple

Microsoft shares fell ~10% on Thursday following an earnings report that disappointed some investors, the stock's sharpest daily decline since March 2020 (www.cnbc.com)
20 days ago Microsoft

SK Hynix surpassed Samsung in annual operating profit for the first time in 2025; SK Hynix posted a record profit of ~$33B in 2025 while Samsung posted ~$30.5B (www.cnbc.com)
21 days ago Samsung

Samsung reports Q4 revenue up 24% YoY to ~$65.6B, vs. ~$65.28B est., and operating profit up 200%+ to ~$14.06B, driven by memory chip price surge and HBM demand (www.cnbc.com)
21 days ago Samsung 4Q

SK Hynix announces a new US-based “AI Company” from a restructuring of its California-based subsidiary Solidigm, and commits at least $10B to the new entity (www.cnbc.com)
21 days ago AI California

ServiceNow reports Q4 revenue up 20.5% YoY to $3.57B, vs. $3.53B est., and subscription revenue up 21% YoY to $3.47B; NOW drops ~3% after hours (www.cnbc.com)
21 days ago 4Q

Meta reports Reality Labs Q4 revenue of $955M vs. $940.8M est. and a $6.02B operating loss vs. $5.67B est.; Reality Labs now has $75B+ in losses since late 2020 (www.cnbc.com)
21 days ago 4Q

Crypto PAC Fairshake expanded its war chest to $193M by the end of last year, up from $141M in July; Ripple gave $25M, and a16z gave $24M in H2 2025 (www.cnbc.com)
21 days ago

Outtake, which uses autonomous AI agents to help companies detect and remove cyberthreats, raised $40M led by Iconiq, after a $16.5M Series A in April 2025 (www.cnbc.com)
22 days ago AI

SK Hynix reports Q4 revenue up 66% YoY to $23B, above ~$22.4B est., and operating profit up 137% YoY to $13.3B, both company records, driven by AI HBM demand (www.cnbc.com)
22 days ago AI 4Q

ASML reports Q4 net sales of €9.7B, vs. €9.6B est., and €2.84B net profit, vs. €3.01B est., and says it expects China to account for 20% of its total 2026 sales (www.cnbc.com)
22 days ago China 4Q

An interview with Mozilla president Mark Surman about plans to deploy its ~$1.4B in reserves to fund an AI “rebel alliance” to challenge companies like OpenAI (www.cnbc.com)
22 days ago Interview AI Mozilla

UPS plans to eliminate 30,000 jobs this year as part of winding down its partnership with Amazon; it expects $3B in savings related to the Amazon unwind (www.cnbc.com)
23 days ago Amazon

Filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is “reallocating resources” to AI teams (www.cnbc.com)
23 days ago AI

Corning says Meta committed to paying up to $6B through 2030 for fiber-optic cable in its AI data centers, and it plans to expand its Hickory, NC, factory (www.cnbc.com)
23 days ago AI

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