Tag Archives: CNBC

CNBC Daily Open: Debt worries continue to weigh on AI-related stocks

The ready availability of clients means companies that provide the compute just need to make sure their finances are in order.

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Merriam-Webster declares ‘slop’ its word of the year in nod to growth of AI

Slop refers to the low-quality content created by artificial intelligence that’s showing up across social media.

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PayPal applies to form bank that can offer small business loans and savings accounts

PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank.

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Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin

Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.

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Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’

The company’s bankruptcy comes after Amazon abandoned its planned acquisition of iRobot in 2024 due to mounting regulatory scrutiny.

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AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

In at least one corner of the AI market, sentiment has turned decidedly negative.

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OpenAI poaches Google executive to lead corporate development

Albert Lee previously led corporate development for Google Cloud and Google DeepMind.

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Jim Cramer says he’s not willing to bet against ServiceNow after an analyst sell call

KeyBanc established a $775 price target, which was right around where ServiceNow was trading Monday after dropping more than 11%.

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Zillow shares are getting crushed. Here’s why

Zillow shares fell more than 11% on Monday as investors grew concerned that Google could be testing real estate listings on its search page.

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Trump admin to hire 1,000 specialists for ‘Tech Force’ to build AI, finance projects

A slew of tech giants, including Amazon Web Services, Apple, Google Public Sector, Dell Technologies, Microsoft, Nvidia and OpenAI, are listed as partners.

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