Articles from www.cnbc.com

Articles from www.cnbc.com

Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off (www.cnbc.com)
1 day ago

Source: OpenAI and White House are discussing a government stake in the company, to seed something like the “Public Wealth Fund” that OpenAI outlined earlier (www.cnbc.com)
1 day ago

Bitcoin falls below $60K, its lowest level since October 2024, amid a record streak of bitcoin ETF outflows following Strategy's bitcoin sale (www.cnbc.com)
1 day ago Bitcoin ETF

OpenAI confirms it will follow President Trump's EO that asks AI companies to allow the US government to assess their models' capabilities before release (www.cnbc.com)
2 days ago Trump AI

Quantinuum closed up 0.63% in its Nasdaq debut on Thursday, with a market value of $15.7B, after raising $1.68B in an upsized IPO (www.cnbc.com)
2 days ago IPO

Supabase, which provides backend tools for building AI apps, raised a $500M Series F led by GIC at a $10B pre-money valuation, up from $5B in October 2025 (www.cnbc.com)
2 days ago AI

CrowdStrike reports Q1 revenue up 26% YoY to $1.39B, vs. $1.36B est., and forecasts Q2 revenue of about $1.44B, vs. $1.43B est.; CRWD drops 9%+ after hours (www.cnbc.com)
3 days ago

Palo Alto Networks reports Q3 revenue up 31% YoY to $3B, including $388M from CyberArk and Chronosphere, vs. $2.94B est., and forecasts Q4 revenue above est. (www.cnbc.com)
4 days ago 4Q

Marvell shares closed up 32.52% on Tuesday after Jensen Huang hailed the chipmaker as the “next trillion-dollar company” at Computex (www.cnbc.com)
4 days ago

CFTC chair Michael Selig says Gemini was the victim of Biden-era political targeting, a week after the CFTC motioned to vacate a 2025 order against the exchange (www.cnbc.com)
4 days ago CFTC

An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more (www.cnbc.com)
5 days ago Interview AI

Startups from the pre-ChatGPT era face a reckoning in private markets; PitchBook: half of US unicorns haven't raised in three years, 220+ are “fallen unicorns” (www.cnbc.com)
5 days ago Startup

Runway, the AI startup most recently valued at $5.3B, plans to make London its European headquarters and invest $200M+ into the UK's AI ecosystem by 2028 end (www.cnbc.com)
6 days ago Europe Startup AI London

Jensen Huang says Microsoft and Nvidia will “reinvent the PC”, starting with 30+ laptops and 10 desktops coming in the fall from Dell, HP, Lenovo, and others (www.cnbc.com)
6 days ago Microsoft Nvidia Lenovo

The DOD's $9.7B contract with Dell has raised eyebrows as a potential payback for Michael and Susan Dell's $6.25B donation to 25M US children's Trump Accounts (www.cnbc.com)
8 days ago Trump

SentinelOne's stock closes down 8% after the company announced plans to lay off 8% of its workforce and forecasted Q2 and FY revenue guidance below estimates (www.cnbc.com)
8 days ago

Dell stock closed up 32.81%, its best day ever, after reporting its fastest pace of revenue growth for any period since returning to the public market in 2018 (www.cnbc.com)
8 days ago

Okta reports Q1 revenue up 11% YoY to $765M, vs. $752M est., says the agentic AI build-out is spiking demand for its identity tools; OKTA jumps 7%+ after hours (www.cnbc.com)
9 days ago AI

Dell reports Q1 revenue up 88% YoY to $43.84B, vs. $35.43B est., and forecasts FY 2027 revenue above estimates; DELL jumps 15%+ after hours (www.cnbc.com)
9 days ago

Snowflake stock closed up 36% on Thursday, its best day ever, after the company boosted guidance and announced an AI compute deal with Amazon (www.cnbc.com)
9 days ago Amazon AI

Israel-based web development company Wix is cutting 20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties (www.cnbc.com)
9 days ago Israel AI

Mark Zuckerberg tells shareholders that a Meta cloud computing business is “definitely on the table” if it overspends on data centers and has excess capacity (www.cnbc.com)
10 days ago Zuckerberg

The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military (www.cnbc.com)
10 days ago Microsoft

Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 29%+ after hours (www.cnbc.com)
10 days ago

Salesforce reports Q1 revenue up 13% YoY to $11.13B, vs. $11.05B est., Agentforce annual recurring revenue up 205% to $1.2B, and forecasts Q2 revenue below est. (www.cnbc.com)
10 days ago Salesforce

The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare (www.cnbc.com)
10 days ago Russia China

Amazon says it is making the “architecture, starter code, and learnings” from Alexa for Shopping available to third-party retailers, starting with Kate Spade (www.cnbc.com)
10 days ago Amazon

Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (www.cnbc.com)
11 days ago AI

American Airlines picks SpaceX's Starlink for in-flight Wi-Fi on more than 500 planes; SpaceX already has contracts with United Airlines, Southwest, and others (www.cnbc.com)
11 days ago U.S. SpaceX United Airlines

Dropbox founder Drew Houston is stepping down as CEO after 19 years to become executive chairman, replaced by Ashraf Alkarmi, who is SVP and GM of Dropbox Core (www.cnbc.com)
12 days ago Dropbox

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