Articles from www.cnbc.com

Articles from www.cnbc.com

SpaceX reports Q3 revenue up 161% YoY to $14.58B, vs. $12.72B est., AI revenue up 830% to $7.56B, and AI operating income of $431M, up from a loss of $1.7B (www.cnbc.com)
4 hours ago AI SpaceX

Netflix reports Q3 revenue up 12% YoY to $12.87B, vs. $12.87B est., net income up 44% to $3.66B, due to the timing of expenses; NFLX drops 4%+ after hours (www.cnbc.com)
5 hours ago Netflix

Arda, which develops AI software and agents to accelerate assembly line programming and manufacturing automation, raised $230M at a $1.5B valuation (www.cnbc.com)
12 hours ago AI Manufacturing programming

Apple commits up to $100M over three years to Pennsylvania-based Perryman Company, a titanium supplier for the iPhone Duo, and expands its Qnity partnership (www.cnbc.com)
13 hours ago iPhone Apple

Filing: US prosecutors say OpenAI suspect Abdulrahman Alfozan maintained frequent WhatsApp contact in 2025 and 2026 with an unnamed Saudi Royal Family member (www.cnbc.com)
1 day ago WhatsApp

Elon Musk says “I will give one of my SpaceX shares to every kid in America” in 2027; at SpaceX's $146.03 Friday close, the gift would be valued at ~$10.5B (www.cnbc.com)
1 day ago U.S. Elon Musk SpaceX

Meta says it worked with Apple to make Muse Spark Open run locally on M5 Ultra Mac Studios, letting users pair two to four Studios to code or do agentic work (www.cnbc.com)
5 days ago Apple

BofA says it hired 1,000 contractors in Q2 to support 3,000 internal staff in patching proprietary and vendor software flaws exposed by AI models like Mythos (www.cnbc.com)
5 days ago AI

TSMC reports Q3 revenue up 50.9% YoY to $46.36B, net income up 68.7% to $23.7B, both above est., marking a sixth straight quarterly profit record on AI demand (www.cnbc.com)
5 days ago AI

Asian chipmakers extend Wall Street losses as US Fed rate hike fears and AI funding worries mount; SK Hynix fell 10%+ on the KRX, while Samsung fell ~10% (www.cnbc.com)
5 days ago Samsung AI Wall Street

CoreWeave stock drops 15%+ and its bond yields near 15%, over concerns that some tech companies are borrowing too heavily for the AI build-out; ORCL is down 7%+ (www.cnbc.com)
6 days ago AI

ASML reports Q3 net sales of €11.66B, vs. €11.72B est., a €4.96B net profit, vs. €4.1B est., and raises its 2026 net sales forecast from €43B-€44B to €44B-€45B (www.cnbc.com)
6 days ago

The IMF lifts its 2026 global GDP growth forecast to 3.1%, up from 3% in July, citing an AI boom that offsets Middle East war disruptions and high energy costs (www.cnbc.com)
7 days ago Energy AI IMF GDP

Meta says Muse Wonder is available to Muse app subscribers, via Meta Model API, and Muse Code; Wonder Full is available to Muse Code subscribers (www.cnbc.com)
8 days ago

Speaking in Singapore, Broadcom CEO Hock Tan and Intel CEO Lip-Bu Tan warn that access to capital and rising borrowing costs could become AI's main bottleneck (www.cnbc.com)
8 days ago Intel AI Singapore

Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday (www.cnbc.com)
11 days ago Mobile AT&T SpaceX

Blockchain.com seeks CFTC approval to offer event contracts and cryptocurrency derivatives in the US; it already offers some prediction markets internationally (www.cnbc.com)
11 days ago Blockchain Cryptocurrency CFTC

OpenAI defends its decision to fire three safety researchers, saying an investigation found they “violated clear policies on handling sensitive information” (www.cnbc.com)
11 days ago

Nvidia, Oracle, CoreWeave, and other AI stocks fell after a report that OpenAI's annualized revenue at September's end was $20B less than previously reported (www.cnbc.com)
12 days ago AI Oracle Nvidia

Huawei says it aims to increase its overseas smartphone market share and expand HarmonyOS globally within one to three years, as Huawei-powered EV sales slow (www.cnbc.com)
12 days ago

Manus' parent Butterfly Effect says it raised $500M+, led by Boyu Capital and IDG Capital, in its first funding since Meta was forced to unwind its Manus buyout (www.cnbc.com)
12 days ago IDG

Elon Musk claims “certain oligarchs” are stalling Starlink's India launch to protect a “monopolistic chokehold”; SpaceX signed MOUs with Jio and Airtel in 2025 (www.cnbc.com)
12 days ago India Elon Musk SpaceX

Finland orders Google subsidiary Tuike Finland Oy to halt data center construction in Muhos and Kajaani by October 23, pending environmental impact assessments (www.cnbc.com)
13 days ago Google Finland

Meta, Walmart, Stripe, and others publish the Personal Agent Protocol to standardize and secure interactions between AI bots and businesses (www.cnbc.com)
14 days ago AI Walmart

Anthropic expands its Claude Startups program, including up to $45K in discounts and credits via the Claude Startup Stack and a one-time $1,000 API credit (www.cnbc.com)
14 days ago Startup

Anduril lands an up to $2.9B US Navy contract to make Virginia-class submarine components, days after Palmer Luckey was named to a DOD future weapons task force (www.cnbc.com)
14 days ago Virginia

SpaceX stock closes up 7.6% after Morgan Stanley called SPCX “cheap”, reaching its highest level since mid-June and returning Elon Musk to trillionaire status (www.cnbc.com)
15 days ago Morgan Stanley Elon Musk SpaceX

California Governor Gavin Newsom signs the No Robo Bosses Act, which prevents employers in the state from relying solely on AI to fire or discipline workers (www.cnbc.com)
20 days ago AI California

Micron reports Q4 revenue up 379% YoY to $54.23B, vs. $51.07B est., net income up 1,078% to $37.7B, and forecasts Q1 revenue above estimates (www.cnbc.com)
20 days ago 4Q

DOD taps Elon Musk, Palmer Luckey, and former House Speaker Newt Gingrich for Project Meridian, a 120-day study of capabilities the US may need in future wars (www.cnbc.com)
20 days ago Elon Musk

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