Articles from www.cnbc.com

Articles from www.cnbc.com

The UK CMA objects to Google's ad tech practices, says Google harms competition by using its online display ad dominance “to favour its own ad tech services” (www.cnbc.com)
2024-9-6 Google

Qualcomm CEO Cristiano Amon says the company is working with Samsung and Google on a mixed-reality set of smart glasses linked to a smartphone (www.cnbc.com)
2024-9-6 Google Samsung

Shares of Truth Social's parent TMTG continue to slide, as the expiration date nears for a lockup agreement preventing Trump and others from selling their stock (www.cnbc.com)
2024-9-5 Trump

Nvidia says it didn't receive antitrust subpoena from DOJ (www.cnbc.com)
2024-9-5 Nvidia

Robinhood launches a new feature in the UK to let retail investors lend stocks they own to interested borrowers, in a bid to grow its international footprint (www.cnbc.com)
2024-9-4 Retail

Semiconductor stocks fell on Tuesday, led by Nvidia, which dropped 9.53%; Intel fell 8.8%, Marvell 8.16%, AMD 7.82%, Qualcomm 6.88%, and Broadcom 6.16% (www.cnbc.com)
2024-9-4 Intel Nvidia AMD

Zilch says it made an operating profit in July 2024, hitting profitability within four years of its founding date, and crossed £100M in annual revenue run rate (www.cnbc.com)
2024-9-3

MongoDB reports Q2 revenue up 13% YoY to $478.1M, vs. $464.1M est., and forecasts Q3 and FY 2025 revenue above estimates; MDB jumps 13%+ after hours (www.cnbc.com)
2024-8-30

Affirm closed up ~32% on Thursday, its best day in almost three years and its third-biggest rally since Affirm's January 2021 IPO, after beating estimates in Q4 (www.cnbc.com)
2024-8-30 IPO 4Q

Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL jumps 7%+ after hours (www.cnbc.com)
2024-8-30

Nvidia reports Q2 revenue up 122% YoY to $30B, vs. $28.7B est., forecasts Q3 revenue above est., and says it approved an additional $50B in share buybacks (www.cnbc.com)
2024-8-29 Nvidia

Environmental and health advocates accuse xAI of adding to pollution in Memphis, TN, by using unauthorized gas burning turbines at its new data center (www.cnbc.com)
2024-8-29

Microsoft to hold an event on September 10 with CrowdStrike and other cybersecurity vendors to discuss how to prevent incidents similar to the July outage (www.cnbc.com)
2024-8-24 Microsoft

Donald Trump promotes his family's forthcoming crypto platform, The DeFiant Ones, in a post on Truth Social, mentioning a Telegram channel but few other details (www.cnbc.com)
2024-8-23 Trump

In a pitch deck, AI search engine Perplexity told advertisers it plans to start running ads in Q4; a source says Perplexity's CPM prices will be $50+ (www.cnbc.com)
2024-8-23 AI 4Q

Chinese self-driving startup WeRide delays its planned IPO in the US, citing its need for more time to complete documents, after filing for an IPO in July 2024 (www.cnbc.com)
2024-8-22 China IPO Startup

PIP Labs, which is developing the blockchain Story Protocol to track IP usage, raised an $80M Series B led by a16z Crypto, sources say at a $2.25B valuation (www.cnbc.com)
2024-8-21 Blockchain

Waymo unveils its cheaper “generation 6” self-driving tech that's integrated with Geely Zeekr vehicles, with 13 cameras and 4 lidar sensors, down from 29 and 5 (www.cnbc.com)
2024-8-20

Klarna rolls out a checking account-like product and a cashback offering in 12 markets including the US and across Europe, as it prepares for a US IPO (www.cnbc.com)
2024-8-16 Europe IPO

Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it's cutting 7% of its global workforce; CSCO jumps 5%+ after hours (www.cnbc.com)
2024-8-15 4Q Cisco

Elon Musk's X Spaces interview of Donald Trump was derailed by technical glitches in the first minutes of the scheduled start time; Musk blamed a “DDoS attack” (www.cnbc.com)
2024-8-13 Trump Interview Elon Musk

Sony reports Q1 revenue up 2% YoY to ~20.5B, above ~$19.31B est., and operating profit up 10% YoY to ~$1.92B, above $1.89B est. (www.cnbc.com)
2024-8-7 Sony

Supermicro shares drop 13% after hours after the company reported Q4 earnings missing analyst expectations, and announces a 10-for-1 stock split (www.cnbc.com)
2024-8-7 4Q

Reddit Q2: revenue rose 54% YoY to $281.2M, vs. $254M est., Daily Active Uniques increased 51% YoY to 91.2M, and net loss dropped from $41.1M to $10.1M YoY (www.cnbc.com)
2024-8-7 Reddit

Microsoft says Delta, which said it had to manually reset ~40K PC servers because of CrowdStrike, had “not modernized its IT infrastructure” and refused “help” (www.cnbc.com)
2024-8-7 Microsoft

Bitcoin drops to ~$52,500, its lowest level since February 2024 and down nearly 16% since August 3, and ether drops 15% to ~$2,300, as global markets plummet (www.cnbc.com)
2024-8-5 Bitcoin

Intel shares fall 26% to close at $21.48 in their biggest drop since 1974, after the company reported a big earnings miss; Intel's market cap is now below $100B (www.cnbc.com)
2024-8-3 Intel

A look at Musk-backed America PAC's “Register to Vote” online campaign, which collects users' personal data in swing states, but does not help them register (www.cnbc.com)
2024-8-3 U.S.

Nintendo reports Q1 revenue down 46.5% YoY to ~$1.65B, vs. ~$1.92B exp., net profit down 55.3% YoY to ~$536M, and Switch sales down 46% YoY to 2.1M units (www.cnbc.com)
2024-8-2 Nintendo

Block reports Q2 revenue up 11% YoY to $6.16B, vs. $6.28B est., Square profit up 15% to $923M, Cash App profit up 23% to $1.3B, and raises its FY 2024 guidance (www.cnbc.com)
2024-8-2

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