Articles from www.cnbc.com

Articles from www.cnbc.com

Microsoft and the NFL extend their partnership to bring real-time game data and analysis to coaches and players using Microsoft Copilot and Azure AI (www.cnbc.com)
19 hours ago Microsoft AI

OpenAI CFO Sarah Friar says the company hit its first $1B revenue month in July and that “the biggest thing we face is being constantly under compute” (www.cnbc.com)
21 hours ago

Shares of SoftBank plunged as much as 9.17% on Wednesday, as tech stocks in Japan, South Korea, Taiwan and Hong Kong fall after US tech stocks dropped overnight (www.cnbc.com)
1 day ago Japan Korea Hong Kong Taiwan

US Commerce Secretary Howard Lutnick says Intel must give the government an equity stake in the company in return for CHIPS Act funds; INTC closes up 7% (www.cnbc.com)
1 day ago Intel Equity

SoftBank agrees to invest $2B in Intel, paying $23 per share for Intel's common stock to acquire roughly 2% of the company's outstanding shares (www.cnbc.com)
2 days ago Intel

Palo Alto Networks reports Q4 revenue up 16% YoY to $2.54B, vs. $2.5B est., and Q1 and FY 2026 guidance above estimates; PANW jumps 4%+ after hours (www.cnbc.com)
2 days ago 4Q

Google increases its stake in bitcoin miner and datacenter operator TeraWulf from 8% to 14%, bringing its total investment to ~$3.2B; WULF jumps 10%+ (www.cnbc.com)
3 days ago Bitcoin Google

A profile of Epic Systems CEO Judy Faulkner, who has led the EHR software company for 46 years, building it into one of the largest US private tech companies (www.cnbc.com)
3 days ago

Sen. Josh Hawley launches a probe of Meta following a report on its AI policy allowing sensual chats with kids, tells Zuckerberg to produce docs by September 19 (www.cnbc.com)
5 days ago AI Zuckerberg

Foxconn reports Q2 net operating profit up 27% YoY to ~$1.9B, beating estimates, on $59.73B revenue, on the strength of its growing AI server business (www.cnbc.com)
7 days ago AI

Circle announces it will offer 10M shares to the public, of which 8M will be sold by existing stockholders; CRCL drops 6%+ after hours (www.cnbc.com)
8 days ago

CoreWeave reports Q2 revenue up 207% YoY to $1.21B, vs. $1.08B est., and net loss down 10% YoY to $290.5M; CRWV drops 5%+ after hours (www.cnbc.com)
8 days ago

Source: StubHub now aims to hold its IPO in September after pausing plans in April; it updated its IPO prospectus, reporting Q1 revenue up 10% YoY to $397.6M (www.cnbc.com)
9 days ago IPO

President Trump says that he initially asked Nvidia for a 20% cut of H20 sales to China, but the number came down to 15% after Jensen Huang negotiated with him (www.cnbc.com)
9 days ago Trump China Nvidia

Amazon's Kuiper launches 24 satellites via SpaceX's Falcon 9 after four launch attempts were delayed by weather issues, taking its total to 102 in orbit (www.cnbc.com)
10 days ago Amazon SpaceX

CB Insights: the number of AI unicorns reached 498 with a combined value of $2.7T, 100 founded since 2023, and over 1,300 AI startups valued above $100M (www.cnbc.com)
10 days ago Startup AI

Sam Altman says OpenAI should prioritize growth and its investments in training and compute “for a long time”, even if it delays its path to profitability (www.cnbc.com)
13 days ago

OpenStore is scaling back its e-commerce aggregation efforts, closing nearly all of its 40+ Shopify stores and rebranding under its Jack Archer menswear label (www.cnbc.com)
13 days ago Shopify

Pinterest reports Q2 revenue up 17% YoY to $998M vs. $975M est., 578M global MAUs vs. 574.5M est., and earnings per share below est.; PINS down 10%+ after hours (www.cnbc.com)
13 days ago

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours (www.cnbc.com)
13 days ago

Trump signs an EO clearing a path to add alternative assets like PE and cryptocurrencies into 401(k)s, instructing the US Secretary of Labor to review guidance (www.cnbc.com)
13 days ago Trump Asset

The US GSA says AWS has agreed to provide federal agencies with up to $1B in discounts for cloud adoption, modernization, and training through 2028 (www.cnbc.com)
14 days ago

An in-depth look at the rise of relationships between humans and AI companion chatbots on apps like Nomi, coinciding with a loneliness epidemic in the US (www.cnbc.com)
14 days ago AI chatbot

A profile of Figma CEO Dylan Field, a former Thiel fellow whose Figma stake is worth ~$6.6B after the company ended its NYSE debut week with a $71B+ market cap (www.cnbc.com)
14 days ago

OpenAI says ChatGPT will hit 700M weekly active users this week, up from 500M in March and up 4x YoY, and now has 5M paying business users, up from 3M in June (www.cnbc.com)
14 days ago

Palantir reports Q2 revenue up 48% YoY to $1B, vs. $940M est., and boosts full-year outlook guidance to $4.142B-$4.150B, up from $3.89B-$3.90B; PLTR jumps 5%+ (www.cnbc.com)
14 days ago

Figma's stock dropped 27.38% to $88.60 on August 4 after last week's IPO pop; its fully diluted valuation sits at ~$56B, still almost triple Adobe's 2022 offer (www.cnbc.com)
14 days ago IPO Adobe

President Trump says that he plans to announce new tariffs “on semiconductors and chips” as soon as next week “because we want them made in the United States” (www.cnbc.com)
14 days ago Trump

Snap reports Q2 revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and a global ARPU of $2.87, vs. $2.90 est.; SNAP drops 15%+ (www.cnbc.com)
14 days ago

Disney plans to launch its new flagship sports streaming service ESPN on August 21 for $29.99 per month, or $35.99 per month when bundled with Disney+ and Hulu (www.cnbc.com)
14 days ago

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