Articles from www.cnbc.com

Articles from www.cnbc.com

Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices (www.cnbc.com)
15 days ago AI

Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year (www.cnbc.com)
15 days ago Reddit

Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading (www.cnbc.com)
16 days ago Republican

Meta, Broadcom, Applied Materials, GlobalFoundries, and Synopsys launch a $125M “Semiconductor Hub” at UCLA to advance AI chip research and more (www.cnbc.com)
16 days ago AI

Shares of quantum computing companies surged Thursday after the US government awarded grants and took equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12% (www.cnbc.com)
16 days ago IBM Equity Quantum

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)
16 days ago 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)
16 days ago 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)
17 days ago 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)
17 days ago 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)
17 days ago 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)
18 days ago 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)
18 days ago 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)
19 days ago

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)
19 days ago AI

Musk v. Altman jury unanimously rejects Elon Musk's claims against Sam Altman (www.cnbc.com)
19 days ago 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)
21 days ago 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)
23 days ago

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)
23 days ago

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)
23 days ago 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)
24 days ago 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)
24 days ago 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)
25 days ago 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)
25 days ago

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)
25 days ago 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)
25 days ago

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)
26 days ago 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)
26 days ago 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)
26 days ago 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)
27 days ago

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)
27 days ago YouTube

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