Articles from www.cnbc.com

Articles from www.cnbc.com

ASML's stock is down ~25% in the past year from a record ~€1,000 in July 2024, cutting $130B+ from its market cap, amid China export rules and US tariffs (www.cnbc.com)
2025-5-28 China

Getty Images CEO Craig Peters says Getty is spending “millions and millions” on its Stability AI lawsuit in the UK and the US, accusing it of copying 12M images (www.cnbc.com)
2025-5-28 AI

Circle's S-1 shows that 60% of the 24M shares being sold in its IPO come from existing stakeholders rather than the company, a highly unusual move in a tech IPO (www.cnbc.com)
2025-5-28 IPO

Okta reports Q1 revenue up 12% YoY to $688M, vs. $680M est., and maintains its FY 2026 guidance due to macroeconomic uncertainties; OKTA drops 12%+ after hours (www.cnbc.com)
2025-5-28

Block plans to roll out bitcoin payments on Square in H2 2025; the system runs on the Lightning Network and lets merchants accept bitcoin via Square's hardware (www.cnbc.com)
2025-5-28 Bitcoin

Monarch, which makes a personal finance app, raised a $75M Series B at a $850M valuation, says its subscribers grew by 20x since Intuit closed Mint in 2023 (www.cnbc.com)
2025-5-24

Intuit stock jumps 9%+ after reporting Q3 revenue up 15% YoY to $7.8B with FY 2025 guidance of $18.72B to $18.76B, up from $18.16B to $18.35B (www.cnbc.com)
2025-5-24

Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US (www.cnbc.com)
2025-5-24 Trump Apple Tim Cook

Trump says a 25% tariff “must be paid by Apple” on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US (www.cnbc.com)
2025-5-23 Trump Apple Tim Cook

Anthropic's Jared Kaplan says the company stopped investing in chatbots at the end of 2024 and instead focused on improving Claude's ability to do complex tasks (www.cnbc.com)
2025-5-23 chatbot

Inside the making of ASML's High NA: the latest-gen EUV machine costs $400M+, has four modules, is assembled in the Netherlands, and five units have shipped (www.cnbc.com)
2025-5-22 Netherlands

Bitcoin reached a new all-time high, surpassing $110,000 and breaking its January record, after slumping to $74,000 in April (www.cnbc.com)
2025-5-22 Bitcoin

CoreWeave announces a $2B debt offering, representing a $500M increase from its initial announcement, and says it was five times oversubscribed; CRWV jumps 19% (www.cnbc.com)
2025-5-22

Waymo co-CEO Tekedra Mawakana says Waymo has reached 10M paid trips, doubling in the past five months, and that the company is not yet profitable (www.cnbc.com)
2025-5-21

Palo Alto Networks reports Q3 revenue up 15% YoY to $2.29B, vs. $2.28B est., net income down 6% to $262.1M, and non-GAAP gross margin of 76%, vs. 77.2% est. (www.cnbc.com)
2025-5-21

Google commits up to $150M, including $75M for product development and commercialization, as part of its partnership with Warby Parker to make smart glasses (www.cnbc.com)
2025-5-21 Google

Google announces new video and image generation models Veo 3 and Imagen 4, alongside a new AI filmmaking tool Flow and expanded access to Lyria 2 (www.cnbc.com)
2025-5-21 Google AI

The California Public Utilities Commission approves Waymo's proposal to expand its services to more parts of the Bay Area, including “nearly all of San Jose” (www.cnbc.com)
2025-5-20 California

Qualcomm plans to launch a CPU for data centers designed to work with Nvidia's GPUs, marking its re-entry into the data center market dominated by Intel and AMD (www.cnbc.com)
2025-5-20 Intel Nvidia AMD

Jamie Dimon says JPMorgan will now let clients buy bitcoin, adding “We're not going to custody it. We're going to put it in statements for clients.” (www.cnbc.com)
2025-5-20 Bitcoin JPMorgan

Galaxy Digital, which has traded on the Toronto Stock Exchange since 2020, started trading on the Nasdaq on Friday under the ticker GLXY; the stock closed up 4% (www.cnbc.com)
2025-5-17 Toronto

Anthropic received a $2.5B, five-year revolving credit line, and says annualized revenue reached $2B in Q1 2025, up from $1B in Q1 2024 (www.cnbc.com)
2025-5-17

Nvidia says it won't send GPU designs to China to be modified to comply with export controls, after a report said it is planning a research center in Shanghai (www.cnbc.com)
2025-5-17 China Nvidia Shanghai

YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart (www.cnbc.com)
2025-5-16 YouTube

Proofpoint agrees to acquire German company Hornetsecurity, which specializes in managed cloud-based email security services, for $1B, set to close in H2 2025 (www.cnbc.com)
2025-5-15 Germany

YouTube announces Peak Points, a pilot Gemini AI feature that lets advertisers target ads to viewers when they are most engaged with a video (www.cnbc.com)
2025-5-15 AI YouTube

Cisco reports Q3 revenue up 11% YoY to $14.15B, vs. $14.08B est., forecasts Q4 revenue above estimates, and announces CFO Scott Herren will retire on July 26 (www.cnbc.com)
2025-5-15 4Q Cisco

CoreWeave reports Q1 revenue up 420% YoY to $981.6M, vs. $853M est., and net loss of $314.6M, up from $129.2M a year earlier; CRWV jumps 9%+ after hours (www.cnbc.com)
2025-5-15

Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network (www.cnbc.com)
2025-5-15 Netflix

Stock trading app eToro began trading at $69.69 on Nasdaq after pricing its IPO at $52, above its $46-$50 expected range (www.cnbc.com)
2025-5-15 IPO

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