Articles from www.cnbc.com

Articles from www.cnbc.com

Supabase, which provides backend tools for building AI apps, raised a $500M Series F led by GIC at a $10B pre-money valuation, up from $5B in October 2025 (www.cnbc.com)
2026-6-5 AI

CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours (www.cnbc.com)
2026-6-4

Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est. (www.cnbc.com)
2026-6-3 4Q

Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex (www.cnbc.com)
2026-6-3

CFTC chair Michael Selig says Gemini was the victim of Biden-era political targeting, a week after the CFTC motioned to vacate a 2025 order against the exchange (www.cnbc.com)
2026-6-3 CFTC

An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more (www.cnbc.com)
2026-6-2 Interview AI

Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are “fallen unicorns” (www.cnbc.com)
2026-6-2 Startup

Runway, the AI startup most recently valued at $5.3B, plans to make London its European headquarters and invest $200M+ into the UK's AI ecosystem by 2028 end (www.cnbc.com)
2026-6-1 Europe Startup AI London

Jensen Huang says Microsoft and Nvidia will “reinvent the PC”, starting with 30+ laptops and 10 desktops coming in the fall from Dell, HP, Lenovo, and others (www.cnbc.com)
2026-6-1 Microsoft Nvidia Lenovo

The DOD's $9.7B contract with Dell has raised eyebrows as a potential payback for Michael and Susan Dell's $6.25B donation to 25M US children's Trump Accounts (www.cnbc.com)
2026-5-30 Trump

SentinelOne's stock closes down 8% after the company announced plans to lay off 8% of its workforce and forecasted Q2 and FY revenue guidance below estimates (www.cnbc.com)
2026-5-30

Dell stock closed up 32.81%, its best day ever, after reporting its fastest pace of revenue growth for any period since returning to the public market in 2018 (www.cnbc.com)
2026-5-30

Okta reports Q1 revenue up 11% YoY to $765M, vs. $752M est., says the agentic AI build-out is spiking demand for its identity tools; OKTA jumps 7%+ after hours (www.cnbc.com)
2026-5-29 AI

Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 15%+ after hours (www.cnbc.com)
2026-5-29

Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (www.cnbc.com)
2026-5-29 Amazon AI

Israel-based web development company Wix is cutting 20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties (www.cnbc.com)
2026-5-28 Israel AI

Mark Zuckerberg tells shareholders that a Meta cloud computing business is “definitely on the table” if it overspends on data centers and has excess capacity (www.cnbc.com)
2026-5-28 Zuckerberg

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

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