Articles from www.cnbc.com

Articles from www.cnbc.com

AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and net income of $123M, up from a $139M loss YoY (www.cnbc.com)
2024-5-1 AMD

Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY (www.cnbc.com)
2024-5-1 Amazon

Samsung Q1: revenue up 12.81% YoY to ~$52.3B, vs. ~$51.6B est., and operating profit up 932.8% YoY to ~$4.8B, vs. ~$4.3B est., as memory chip prices rebounded (www.cnbc.com)
2024-4-30 Samsung

China removes restrictions on Tesla cars after its China-made vehicles passed the country's data security requirements; five other local brands also got cleared (www.cnbc.com)
2024-4-29 China Tesla

Meta, Alphabet, and Snap beat analysts' estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 (www.cnbc.com)
2024-4-28 Alphabet

As Intel reports disappointing earnings and guidance, and becomes S&P's worst performing stock in 2024, a look at the long history of company's missteps (www.cnbc.com)
2024-4-27 Intel

Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP is up 20%+ after hours (www.cnbc.com)
2024-4-26

Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC falls 9%+ after hours (www.cnbc.com)
2024-4-26 Intel AI

Microsoft reports Q4 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY (www.cnbc.com)
2024-4-26 Microsoft 4Q

Cloud data management startup Rubrik opens up 20% at $38.60 per share in its NYSE debut, after raising $752M at a $5.6B valuation (www.cnbc.com)
2024-4-26 Startup

Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks” (www.cnbc.com)
2024-4-25

Source: cloud data management startup Rubrik priced its IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B (www.cnbc.com)
2024-4-25 IPO Startup

Meta's stock drops 15%+ as the company issues a light Q2 revenue forecast and higher FY 2024 capital expenditures due to increased AI infrastructure investments (www.cnbc.com)
2024-4-25 AI

Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020 (www.cnbc.com)
2024-4-25

IBM reports Q1 revenue up 1% YoY to $14.46B, vs. $14.55B est., software revenue up 5.5% YoY to $5.9B, and net income of $1.6B, up from $927M YoY; IBM drops 5%+ (www.cnbc.com)
2024-4-25 IBM

Klarna partners with Uber to power Uber and Uber Eats payments, adding its Pay Now option in the US, Germany, and Sweden, but not installment-based payments (www.cnbc.com)
2024-4-25 Germany Uber Sweden

Filings: in 2024, ByteDance and TikTok spent $7M+ combined on lobbying against the US TikTok bill; AdImpact: TikTok spent $4.5M+ on TV and digital ad campaigns (www.cnbc.com)
2024-4-24

Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry” (www.cnbc.com)
2024-4-24 Bitcoin

Larry Ellison says Oracle is moving its world headquarters from Austin to Nashville to be closer to a major healthcare epicenter (www.cnbc.com)
2024-4-24 Oracle

Amazon ends drone deliveries in Lockeford, California, which began in 2022, and plans to expand them to Tolleson, Arizona, in 2024 and other US regions in 2025 (www.cnbc.com)
2024-4-23 Amazon Drone California

Informatica says it is not currently in talks to be acquired, following Salesforce's reported interest in a ~$10B deal; INFA falls 8%+ (www.cnbc.com)
2024-4-23 Salesforce

A look at Block-funded Gridless, which operates bitcoin mines in Kenya, Malawi, and Zambia, powered through solar power and wasted energy from a geothermal site (www.cnbc.com)
2024-4-21 Bitcoin Energy Solar

A look at Los Angeles' Homelessness Prevention pilot program, which uses AI to identify those at risk of becoming homeless, offering aid to keep them housed (www.cnbc.com)
2024-4-20 AI

Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain (www.cnbc.com)
2024-4-20 Blockchain

Netflix reports Q1 revenue up 15% YoY to $9.37B, vs. $9.28B est., paid users up 16% YoY to 269.6M, vs. 264.2M est., and net income $2.3B, up from $1.3B YoY (www.cnbc.com)
2024-4-19 Netflix

TSMC reports Q1 revenue up 16.5% YoY to NT$592.64B ($18.87B) vs. NT$582.94B est., profit up 8.9% YoY to NT$225.49B vs. NT$213.59B est., on strong AI chip demand (www.cnbc.com)
2024-4-18 AI

AWS discontinues its Snowmobile service, an 18-wheeler truck introduced in 2016 to help customers transport large amounts of on-premises data to AWS facilities (www.cnbc.com)
2024-4-18

ASML reports Q1 net sales down 21.6% YoY to €5.29B v. €5.39B est., net income down 37.4% YoY to of €1.22B v. €1.07B est., and net bookings down 4% YoY to €3.6B (www.cnbc.com)
2024-4-17

Adobe releases Acrobat AI Assistant to summarize and answer questions about documents for $4.99/month as an “early access” rate, and a mobile version in beta (www.cnbc.com)
2024-4-15 Mobile AI Adobe

Last week, LinkedIn began letting advertisers pay to amplify posts from some users through Thought Leader ads, as it enters the market of influencer marketing (www.cnbc.com)
2024-4-13 LinkedIn

Previous Page Next Page