Articles from www.cnbc.com

Articles from www.cnbc.com

Apple Q3 revenue: iPhone down 1% YoY to $39.3B, Mac up 2% to $7.01B, iPad up 24% to $7.16B, and Wearables, Home, and Accessories down 2% to $8.1B (www.cnbc.com)
2024-8-2 iPhone Apple iPad

Amazon reports Q2 AWS revenue up 19% YoY to $26.28B, vs. $26.02B est., and AWS operating income of $9.33B, vs. $8.51B est., up from $5.37B in Q2 2023 (www.cnbc.com)
2024-8-2 Amazon

Intel Q2: revenue down 1% YoY to $12.8B, vs. $12.9B est., Data Center and AI down 3% to $3B; announces $10B cost reduction plan, including cutting 15% of staff (www.cnbc.com)
2024-8-2 Intel AI

In its annual report, Microsoft lists OpenAI as a competitor for the first time in AI offerings and in search and news advertising (www.cnbc.com)
2024-8-2 Microsoft AI

Meta's Reality Labs posts Q2 revenue up 28% YoY of $353M, vs. $371M est., and operating loss of $4.48B, vs. $4.55B est.; Reality Labs has lost ~$50B since 2020 (www.cnbc.com)
2024-8-1

Nvidia shares jump 10%+ after Microsoft and AMD signaled no slowdown in the buildout of AI servers built around GPUs; Microsoft spent $19B on capex in Q4 (www.cnbc.com)
2024-8-1 Microsoft AI 4Q Nvidia AMD

Delta Air Lines CEO Ed Bastian says the CrowdStrike-caused outage will cost the company $500M, after canceling 6,000+ flights, and Delta will seek damages (www.cnbc.com)
2024-8-1

Samsung reports Q2 revenue up 23.42% YoY to ~$53.45B, vs. ~$53.3B est., operating profit up 1,458% YoY to ~$7.5B, as AI memory chip demand remains strong (www.cnbc.com)
2024-7-31 Samsung AI

AMD reports Q2 revenue up 9% YoY to $5.83B, vs. $5.72B est., Data Center revenue up 115% to $2.8B, net income up 881% to $265M, Q3 revenue forecast above est. (www.cnbc.com)
2024-7-31 AMD

Microsoft Q4: Intelligent Cloud revenue up 19% YoY to $28.52B, vs. $28.68B est., with Azure and other cloud services rev. up 29% YoY; MSFT drops ~5% after hours (www.cnbc.com)
2024-7-31 Microsoft 4Q

Apple debuts Apple Intelligence in the iOS 18.1, iPadOS 18.1, and macOS 15.1 developer betas, with text generation and Siri updates, but missing some features (www.cnbc.com)
2024-7-30 IOS Apple Intelligence

Trump proposes a strategic national crypto stockpile; Bitcoin 2024 organizers say they were in talks to have Kamala Harris appear, but she ultimately declined (www.cnbc.com)
2024-7-28 Trump Bitcoin

An interview with Samsung's mobile chief TM Roh on the Galaxy AI push, monetizing AI, future products in foldables and mixed reality, and more (www.cnbc.com)
2024-7-26 Mobile Interview Samsung AI

Alphabet reports Other Bets Q2 revenue of $365M, up from $285M in Q2 2023, a $1.13B loss, up from $813M, and announces a “multiyear” investment of $5B in Waymo (www.cnbc.com)
2024-7-24 Alphabet

Google Cloud Q2 revenue grew 29% YoY to $10.35B, vs. $10.2B est.; Cloud exceeded $10B in quarterly revenues and $1B in operating profit for the first time (www.cnbc.com)
2024-7-24 Google

Cybersecurity startup Wiz walks away from a $23B deal to be acquired by Google; memo: Wiz's CEO told staff the company would pursue an IPO as originally planned (www.cnbc.com)
2024-7-23 Google IPO Startup

CrowdStrike shares close down 11.1% after a software update caused a major outage; its shares had previously risen nearly 118% in the last 12 months (www.cnbc.com)
2024-7-20

Netflix reports Q2 revenue up 16.8% YoY to $9.56B, vs. $9.53B est., paid memberships up 16.5% YoY to 277.65M, vs. 274.4M est., net income up 44% YoY to $2.15B (www.cnbc.com)
2024-7-19 Netflix

OpenAI unveils GPT-4o mini, calling it “the most capable and cost-efficient small model available”, and plans to integrate image, video, and audio into it later (www.cnbc.com)
2024-7-19

TSMC reports Q2 revenue up 40.1% YoY to $20.82B and net income up 36.3% YoY to $7.62B, both above estimates, as demand for advanced AI chips continue to surge (www.cnbc.com)
2024-7-18 AI

Nasdaq fell 2.77% in its worst session since December 2022, with ASML shares down 12.74%, Nvidia down 6.62%, and Meta down 5.68%; TSMC shares on NYSE fell 7.98% (www.cnbc.com)
2024-7-18 Nvidia

Global chip stocks fell sharply after reports of tighter export restrictions from the US and comments from Trump, who said Taiwan should pay the US for defense (www.cnbc.com)
2024-7-18 Trump Taiwan

ASML reports Q2 net sales of €6.24B ($6.8B) vs. €6.03B est., net income of €1.58B vs. €1.43B est., and expects 2024 total net sales to be similar to 2023 (www.cnbc.com)
2024-7-17

US Senate preliminary report: Amazon Prime Day is a “major” cause of worker injuries, with Prime Day 2019 data showing “just under” 45 injuries per 100 workers (www.cnbc.com)
2024-7-17 Amazon Senate

Source: online ticketing service StubHub delays a potential US IPO until after Labor Day, after reportedly eyeing a summer IPO with a $16.5B+ valuation (www.cnbc.com)
2024-7-13 IPO

Etsy CEO Josh Silverman says Etsy is positioning itself “to answer the call for original goods and real people” by overhauling its policies and adding labels (www.cnbc.com)
2024-7-9

Amazon announces an updated $79 Echo Spot alarm clock, with a revamped design and improved audio quality, the first update to the device since its 2017 launch (www.cnbc.com)
2024-7-9 Amazon

Circle says it has been granted an e-money license from France, making it compliant with stablecoin provisions under EU's tough crypto laws (www.cnbc.com)
2024-7-2 France

Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., and forecasts Q4 revenue in line with estimates (www.cnbc.com)
2024-6-27 4Q

A look at YouTube's growing dominance as Nielsen says it had ~10% of all viewership on connected and traditional TVs in the US in May, ahead of Netflix's 7.6% (www.cnbc.com)
2024-6-27 YouTube Netflix

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