CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere

Posted on January 29, 2026 by Techme101

Powell left some advice to the next Fed chair. “Don’t get pulled into elected politics,” Powell said. “Don’t do it.”

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Advantest shares jump as much as 14% as AI chip boom drives record sales and higher profit outlook

Posted on January 29, 2026 by Techme101

Shares of Japanese semiconductor equipment maker Advantest jumped over 7% after the company posted record quarterly sales in the October-December period.

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Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI

Posted on January 29, 2026 by Techme101

Meta’s stock pop following the company’s latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.

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Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage

Posted on January 29, 2026 by Techme101

Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates.

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Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

Posted on January 29, 2026 by Techme101

On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

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Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor

Posted on January 29, 2026 by Techme101

In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.

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Tesla Profit Slumps, but Investors May Not Care

Posted on January 29, 2026 by Techme101

The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.

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Meta Forecasts Spending of at Least $115 Billion This Year

Posted on January 29, 2026 by Techme101

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%

Posted on January 29, 2026 by Techme101

The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading.

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Driverless taxis set to launch in UK as soon as September

Posted on January 29, 2026 by Techme101

Waymo has laid out plans for a robotaxi service in London with a pilot scheme due to begin in April.

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