Articles from www.cnbc.com

Articles from www.cnbc.com

Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up (www.cnbc.com)
2023-10-24 AI Apple

Databricks plans to acquire enterprise data firm Arcion, which raised $18M+, for $100M; Databricks raised $500M last month and bought MosaicML for $1.3B in June (www.cnbc.com)
2023-10-24

Chevron to buy Hess Corp for $53 billion in second oil mega-merger in weeks (www.cnbc.com)
2023-10-24

How Micron is building the biggest chip fab in U.S. history (in Syracuse, NY) despite a China ban and smartphone slump (www.cnbc.com)
2023-10-23 China U.S. Ban

Can U.S. drone makers compete with cheap, high-quality Chinese drones? (www.cnbc.com)
2023-10-23 China Drone

Inaccurate bills, hours on the phone: Student loan borrowers reenter 'a very messy system' (www.cnbc.com)
2023-10-23

How Walmart became America's largest grocer (www.cnbc.com)
2023-10-23 U.S. Walmart

Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens (www.cnbc.com)
2023-10-22 Dropbox San Francisco

U.S. wraps up fiscal year with a budget deficit near $1.7 trillion, up 23% (www.cnbc.com)
2023-10-21 U.S. Budget

As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says (www.cnbc.com)
2023-10-21 mortgage

Biden seeks $105 billion for Ukraine, Israel, Taiwan, border security (www.cnbc.com)
2023-10-21 Taiwan Israel Ukraine

Cybersecurity company Okta closes down 11.5% after saying a hacker had accessed its support system using a stolen credential and viewed some client files (www.cnbc.com)
2023-10-21 Hacker

Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record. After accounting for inflation, median net worth jumped to $192,900 from 2019-22. The growth was the highest on record, fueled by higher home and stock prices and pandemic-era government stimulus. (www.cnbc.com)
2023-10-21 Stock Inflation

Trump threatened with jail time over gag order violation in New York fraud trial (www.cnbc.com)
2023-10-21 Trump New York

10-year Treasury yield rises to 5%, the highest level for the key rate in 16 years (www.cnbc.com)
2023-10-21

U.S. can 'certainly' afford military support to both Israel and Ukraine, Janet Yellen says (www.cnbc.com)
2023-10-20 U.S. Israel Ukraine

New York AG demands evidence review after top Trump exec is accused of lying in fraud trial (www.cnbc.com)
2023-10-20 Trump New York

European stocks close at seven-month low; London exchange limits trading after 'incident' (www.cnbc.com)
2023-10-20 Europe Stock London

Powell says inflation is still too high and lower economic growth is likely needed to bring it down (www.cnbc.com)
2023-10-20 Inflation

A US judge sentences a social media influencer to seven months in prison for conspiring to suppress votes for Hillary Clinton in 2016, including via Twitter ads (www.cnbc.com)
2023-10-20 Twitter

Big banks are quietly cutting thousands of employees, and more layoffs are coming (www.cnbc.com)
2023-10-20 Layoffs

Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M (www.cnbc.com)
2023-10-19 Nokia

Elon Musk sounds pessimistic note about economy on earnings call (www.cnbc.com)
2023-10-19 Elon Musk

Pfizer to price Covid drug Paxlovid at $1,390 per course (www.cnbc.com)
2023-10-19

Netflix reports Q3 revenue up 7.8% YoY to $8.54B, vs. $8.54B est., and global paid memberships up 10.8% YoY to 247.15M, vs. 243.88M est.; NFLX jumps 9%+ (www.cnbc.com)
2023-10-19 Netflix

Rite Aid lost more than $1 billion in months before bankruptcy filing (www.cnbc.com)
2023-10-19

Amazon begins delivering medications by drone in Texas (www.cnbc.com)
2023-10-19 Amazon Drone Texas

ChatGPT can now respond with images and search the web (www.cnbc.com)
2023-10-19

Top Apple analyst says MacBook demand has fallen 'significantly' (www.cnbc.com)
2023-10-19 Apple MacBook

IRS to offer free ‘Direct File' pilot to some taxpayers in 13 states for 2024 tax season. Here's who qualifies (www.cnbc.com)
2023-10-19 Tax

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