Articles from www.cnbc.com

Articles from www.cnbc.com

Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US (www.cnbc.com)
2025-5-23 Trump Apple Tim Cook

Anthropic's Jared Kaplan says the company stopped investing in chatbots at the end of 2024 and instead focused on improving Claude's ability to do complex tasks (www.cnbc.com)
2025-5-23 chatbot

Inside the making of ASML's High NA: the latest-gen EUV machine costs $400M+, has four modules, is assembled in the Netherlands, and five units have shipped (www.cnbc.com)
2025-5-22 Netherlands

Bitcoin reached a new all-time high, surpassing $110,000 and breaking its January record, after slumping to $74,000 in April (www.cnbc.com)
2025-5-22 Bitcoin

CoreWeave announces a $2B debt offering, representing a $500M increase from its initial announcement, and says it was five times oversubscribed; CRWV jumps 19% (www.cnbc.com)
2025-5-22

Waymo co-CEO Tekedra Mawakana says Waymo has reached 10M paid trips, doubling in the past five months, and that the company is not yet profitable (www.cnbc.com)
2025-5-21

Palo Alto Networks reports Q3 revenue up 15% YoY to $2.29B, vs. $2.28B est., net income down 6% to $262.1M, and non-GAAP gross margin of 76%, vs. 77.2% est. (www.cnbc.com)
2025-5-21

Google commits up to $150M, including $75M for product development and commercialization, as part of its partnership with Warby Parker to make smart glasses (www.cnbc.com)
2025-5-21 Google

Google announces new video and image generation models Veo 3 and Imagen 4, alongside a new AI filmmaking tool Flow and expanded access to Lyria 2 (www.cnbc.com)
2025-5-21 Google AI

The California Public Utilities Commission approves Waymo's proposal to expand its services to more parts of the Bay Area, including “nearly all of San Jose” (www.cnbc.com)
2025-5-20 California

Qualcomm plans to launch a CPU for data centers designed to work with Nvidia's GPUs, marking its re-entry into the data center market dominated by Intel and AMD (www.cnbc.com)
2025-5-20 Intel Nvidia AMD

Jamie Dimon says JPMorgan will now let clients buy bitcoin, adding “We're not going to custody it. We're going to put it in statements for clients.” (www.cnbc.com)
2025-5-20 Bitcoin JPMorgan

Galaxy Digital, which has traded on the Toronto Stock Exchange since 2020, started trading on the Nasdaq on Friday under the ticker GLXY; the stock closed up 4% (www.cnbc.com)
2025-5-17 Toronto

Anthropic received a $2.5B, five-year revolving credit line, and says annualized revenue reached $2B in Q1 2025, up from $1B in Q1 2024 (www.cnbc.com)
2025-5-17

Nvidia says it won't send GPU designs to China to be modified to comply with export controls, after a report said it is planning a research center in Shanghai (www.cnbc.com)
2025-5-17 China Nvidia Shanghai

YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart (www.cnbc.com)
2025-5-16 YouTube

Proofpoint agrees to acquire German company Hornetsecurity, which specializes in managed cloud-based email security services, for $1B, set to close in H2 2025 (www.cnbc.com)
2025-5-15 Germany

YouTube announces Peak Points, a pilot Gemini AI feature that lets advertisers target ads to viewers when they are most engaged with a video (www.cnbc.com)
2025-5-15 AI YouTube

Cisco reports Q3 revenue up 11% YoY to $14.15B, vs. $14.08B est., forecasts Q4 revenue above estimates, and announces CFO Scott Herren will retire on July 26 (www.cnbc.com)
2025-5-15 4Q Cisco

CoreWeave reports Q1 revenue up 420% YoY to $981.6M, vs. $853M est., and net loss of $314.6M, up from $129.2M a year earlier; CRWV jumps 9%+ after hours (www.cnbc.com)
2025-5-15

Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network (www.cnbc.com)
2025-5-15 Netflix

Stock trading app eToro began trading at $69.69 on Nasdaq after pricing its IPO at $52, above its $46-$50 expected range (www.cnbc.com)
2025-5-15 IPO

Perplexity partners with PayPal to let US customers book travel, buy products, and secure concert tickets via Perplexity's chatbot (www.cnbc.com)
2025-5-15 chatbot

Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth (www.cnbc.com)
2025-5-14 Tencent

eToro prices its shares at $52 for its IPO, above its expected range of $46 to $50, raising nearly $310M and valuing the company at about $4.2B (www.cnbc.com)
2025-5-14 IPO

Google says it is testing an “AI Mode” button on the Search homepage, replacing the “I'm Feeling Lucky” button, with Labs users (www.cnbc.com)
2025-5-14 Google AI

Chime files for a Nasdaq IPO under the symbol CHYM, reporting 8.6M active members at the end of March, up 23% YoY, and average revenue per active member of $251 (www.cnbc.com)
2025-5-14 IPO

Microsoft lays off 3% of employees across all levels, teams, and geographies “to best position the company”; Microsoft employed 228K at the end of June 2024 (www.cnbc.com)
2025-5-14 Microsoft

Coinbase will join the S&P 500, replacing Discover Financial Services, effective before trading on May 19; COIN jumps 7%+ after hours (www.cnbc.com)
2025-5-13 Coinbase

Texas AG Ken Paxton says Google has agreed in principle to pay $1.375B to settle allegations of violating data privacy rights of the state's residents (www.cnbc.com)
2025-5-10 Google Texas

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