Articles from www.cnbc.com

Articles from www.cnbc.com

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

Waymo recalls ~3,800 robotaxis in the US to fix software issues that may cause them to drive onto flooded roads, after some were seen stalled on flooded streets (www.cnbc.com)
2026-5-13

Qualcomm closed down 11.46% on Tuesday as chip stocks pull back from record AI-driven rally; Intel closed down 6.82%, Sandisk dropped 6%, and Micron 3.61% (www.cnbc.com)
2026-5-13 Intel AI

CME Group and Silicon Data announce a futures market for computing capacity, with contracts based on daily GPU benchmarks for on-demand rental rates (www.cnbc.com)
2026-5-13

EU Commission President Ursula von der Leyen says the EU will take action against “addictive design” on TikTok and Instagram, including “endless scrolling” (www.cnbc.com)
2026-5-12 Instagram

Musk v. Altman: Satya Nadella says Elon Musk never contacted him with concerns that Microsoft's investments in OpenAI violated any special terms or commitments (www.cnbc.com)
2026-5-12 Microsoft Elon Musk

Google's TIG says it has likely thwarted efforts to use AI for a “mass exploitation event” and warns that tools like OpenClaw are being used to find exploits (www.cnbc.com)
2026-5-12 Google AI

Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others (www.cnbc.com)
2026-5-11

A look at “YouTube whisperers” like Paddy Galloway and Mario Joos, a booming class of advisers that help popular YouTube creators grow their audiences (www.cnbc.com)
2026-5-11 YouTube

Nvidia embraces its role as an AI investor in 2026, committing $40B+ to equity investments including a $30B stake in OpenAI, $3.2B in Corning, and $2.1B in IREN (www.cnbc.com)
2026-5-11 AI Nvidia Equity

Whoop plans to offer on-demand video consultations with licensed clinicians for US users, and adds electronic health records and AI-powered health guidance (www.cnbc.com)
2026-5-9 AI

Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales (www.cnbc.com)
2026-5-8 Nintendo 4Q

Sony reports Q4 revenue of $19.4B, above ~$18.4B est., operating profit of ~$1.06B, below ~$1.7B est., and forecasts FY 2027 net profit to rise 13% to ~$7.4B (www.cnbc.com)
2026-5-8 4Q Sony

French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe (www.cnbc.com)
2026-5-8 France Elon Musk

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