Articles from www.cnbc.com

Articles from www.cnbc.com

Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M (www.cnbc.com)
23 days ago

SK Hynix reports Q1 revenue up 42% YoY to ~$12.4B, vs. ~$12.1B est, and operating profit up 158% YoY to ~$5.2B, vs. ~$4.6B est., on demand for its HBM chips (www.cnbc.com)
23 days ago

IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., software revenue up 7% to $6.34B, and maintains its full-year forecast (www.cnbc.com)
23 days ago IBM

Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week (www.cnbc.com)
23 days ago Google

The US FTC sues Uber, claiming the company charged for Uber One without consent, made it difficult to cancel, and failed to deliver promised savings (www.cnbc.com)
26 days ago Uber

Global Payments shares plunge 15%+ and FIS shares jump 9%+ after Global Payments said it's buying Worldpay from FIS and GTCR and selling Issuer Solutions to FIS (www.cnbc.com)
30 days ago

Tech stocks plunge amid uncertainty over US tariff plans and China export controls: AMD, Nvidia, and ASML dropped 7%, Applied Materials and Lam Research fell 5% (www.cnbc.com)
30 days ago China Nvidia AMD

OpenAI says o3 and o4-mini are its first reasoning models that can use all ChatGPT tools, including web browsing, Python, and image generation (www.cnbc.com)
2025-4-17

ASML reports Q1 net sales up 46% YoY to €7.74B, vs. €7.8B est., a €2.36B net profit, €3.94B net bookings, below €4.89B est., and warns of tariff uncertainty (www.cnbc.com)
2025-4-16

Filing: Nvidia says it will record a $5.5B charge after the US said it would require a license to export the H20 chips to China; NVDA drops 6%+ after hours (www.cnbc.com)
2025-4-16 China Nvidia

Online trading platform Webull closed up 374.72% on its second day of trading following its SPAC merger, giving it a market cap of almost $30B (www.cnbc.com)
2025-4-15

Sony hikes PlayStation 5 prices in Europe, the UK, Australia, and New Zealand, citing a “challenging economic environment”; the PS5 Pro remains the same price (www.cnbc.com)
2025-4-14 Europe Australia New Zealand Sony

A look at Bitcoin Commons, a coworking hub in Austin where ex-staffers of companies like Apple are building crypto startups, as Trump rolls back regulations (www.cnbc.com)
2025-4-13 Trump Bitcoin Startup Apple

Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners (www.cnbc.com)
2025-4-12

The Nasdaq falls 4%, with Meta closing down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4% as the White House say Trump's tariffs on China now total 145% (www.cnbc.com)
2025-4-11 Trump China Amazon Apple Nvidia

The Nasdaq falls 6%+, with Apple down 7%+, Nvidia down 8%+, and Meta down 7%+, as the White House confirms that Trump's tariffs on China now total 145% (www.cnbc.com)
2025-4-11 Trump China Apple Nvidia

A look at Isomorphic Labs, a life sciences startup spun out of Google DeepMind aiming to “solve all disease” through AI-powered drug discovery (www.cnbc.com)
2025-4-10 Google Startup AI

BTC jumped 7%+ to ~$83K, while ETH, DOGE, XRP, and SOL gained over 12% as Trump paused some tariffs; Strategy closed up 25%, Robinhood up 24%, Coinbase up 17% (www.cnbc.com)
2025-4-10 Trump XRP Coinbase ETH

Nasdaq jumps 12% after Trump announced a 90-day tariff pause, with Nvidia up 19%, Apple up 15%, Meta up 15%, Amazon up 12%, Microsoft up 10%, Alphabet up 10% (www.cnbc.com)
2025-4-10 Trump Amazon Microsoft Apple Nvidia Alphabet

Trump announces a 90-day tariff pause for some countries and a “lowered Reciprocal Tariff during this period, of 10%”, but raises tariffs on China to 125% (www.cnbc.com)
2025-4-10 Trump China

Anthropic debuts Claude's Max plan, with 5x the usage limits of Pro for $100/month or 20x the usage for $200/month, plus early access to new models and features (www.cnbc.com)
2025-4-10

Transcarent, an app-based medical concierge service for businesses, completes its $621M acquisition of digital health company Accolade, taking it private (www.cnbc.com)
2025-4-9

In a memo to staff Shopify's CEO says using AI is now a baseline expectation and that teams asking for more resources must first show why AI can't do the job (www.cnbc.com)
2025-4-8 AI Shopify

US tech stocks fall for a third session as markets open: Apple, Nvidia, and Tesla drop 6%+ each, Meta and Amazon fall 3%+, and Microsoft and Alphabet fall 1%+ (www.cnbc.com)
2025-4-7 Amazon Microsoft Apple Tesla Nvidia Alphabet

Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases (www.cnbc.com)
2025-4-7 Microsoft AI

Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors (www.cnbc.com)
2025-4-7 Alphabet Paris

Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal “requires more work to ensure all necessary approvals are signed” (www.cnbc.com)
2025-4-5 Trump

Bitcoin falls ~5% to ~$81K, ether drops 7%, and Solana falls 13% after President Trump unveiled tariffs; Coinbase's and MicroStrategy's shares fall by 7%+ (www.cnbc.com)
2025-4-4 Trump Bitcoin Coinbase

Tech stocks fall after President Trump announced new global tariffs: Amazon drops as much as ~6%, Meta drops ~5%, Nvidia ~6%, Alphabet ~3%, and Microsoft ~3% (www.cnbc.com)
2025-4-4 Trump Amazon Microsoft Nvidia Alphabet

Adaptive Security, which uses AI for simulating cyberthreats, raised $43M co-led by OpenAI and a16z, marking OpenAI's first investment in a cybersecurity firm (www.cnbc.com)
2025-4-3 AI

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