Articles from www.cnbc.com

Articles from www.cnbc.com

The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military (www.cnbc.com)
2026-5-28 Microsoft

Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours (www.cnbc.com)
2026-5-28

Salesforce reports Q1 revenue up 13% YoY to $11.13B, vs. $11.05B est., Agentforce annual recurring revenue up 205% to $1.2B, and forecasts Q2 revenue below est. (www.cnbc.com)
2026-5-28 Salesforce

The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare (www.cnbc.com)
2026-5-28 Russia China

Amazon says it is making the “architecture, starter code, and learnings” from Alexa for Shopping available to third-party retailers, starting with Kate Spade (www.cnbc.com)
2026-5-28 Amazon

Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (www.cnbc.com)
2026-5-27 AI

American Airlines picks SpaceX's Starlink for in-flight Wi-Fi on more than 500 planes; SpaceX already has contracts with United Airlines, Southwest, and others (www.cnbc.com)
2026-5-27 U.S. SpaceX United Airlines

Dropbox founder Drew Houston is stepping down as CEO after 19 years to become executive chairman, replaced by Ashraf Alkarmi, who is SVP and GM of Dropbox Core (www.cnbc.com)
2026-5-26 Dropbox

Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices (www.cnbc.com)
2026-5-23 AI

Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year (www.cnbc.com)
2026-5-23 Reddit

Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading (www.cnbc.com)
2026-5-22 Republican

Meta, Broadcom, Applied Materials, GlobalFoundries, and Synopsys launch a $125M “Semiconductor Hub” at UCLA to advance AI chip research and more (www.cnbc.com)
2026-5-22 AI

Shares of quantum computing companies surged Thursday after the US government awarded grants and took equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12% (www.cnbc.com)
2026-5-22 IBM Equity Quantum

Spotify closes up 13% after announcing new features and 2030 guidance, forecasting a compound annual growth rate in the mid-teens and gross margins of 35%-40% (www.cnbc.com)
2026-5-22 Spotify

Workday reports Q1 revenue up 13% YoY to $2.54B vs. $2.52B est., and lifts its full-year forecast, saying its AI strategy is working; WDAY jumps 9%+ after hours (www.cnbc.com)
2026-5-22 AI

Jeff Bezos dismisses AI job fears, defends billionaires against “vilification”, proposes eliminating income taxes for low earners, and praises President Trump (www.cnbc.com)
2026-5-21 Trump Tax AI Jeff Bezos

Jensen Huang said that Nvidia has “largely conceded” China's AI chip market to Huawei and should “expect nothing” regarding chip sale approvals to China (www.cnbc.com)
2026-5-21 China AI Nvidia

Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025 (www.cnbc.com)
2026-5-21 Startup

Singapore announces a National AI Partnership with Google and an MoU with OpenAI, which will set up an AI lab and commit $234M+ to the city-state's AI ecosystem (www.cnbc.com)
2026-5-20 Google AI Singapore

Radar, which helps retailers like American Eagle manage inventory and cut back on theft and lost merchandise, raised a $170M Series B at a $1B+ valuation (www.cnbc.com)
2026-5-20 U.S.

Modular data center maker Armada raised a $230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a $2B valuation, and plans a new Arizona factory (www.cnbc.com)
2026-5-19

Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout (www.cnbc.com)
2026-5-19 AI

Musk v. Altman jury unanimously rejects Elon Musk's claims against Sam Altman (www.cnbc.com)
2026-5-19 Elon Musk

Filings: in Q1, Trump traded $220M-$750M in NVDA, MSFT, AMZN, META, ORCL, and others; millions of dollars of NVDA were bought shortly before major news (www.cnbc.com)
2026-5-17 Trump

Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., announces a $100M capital injection from Winklevoss Capital Fund; GEMI jumps 22%+ after hours (www.cnbc.com)
2026-5-15

Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company (www.cnbc.com)
2026-5-15

Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (www.cnbc.com)
2026-5-15 IPO Uber

Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (www.cnbc.com)
2026-5-14 IPO

Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (www.cnbc.com)
2026-5-14 4Q Cisco

Nvidia says that Jensen Huang is joining President Trump on his China trip; source: the president asked Huang to join after seeing media coverage of his absence (www.cnbc.com)
2026-5-13 Trump China Nvidia

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