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Tag Archives: CNBC
No ‘woke AI’ in Washington, Trump says as he launches American AI action plan
Trump has vowed to push back against “woke” AI models and to turn the U.S. into an “AI export powerhouse,” signing three AI-focused executive orders Wednesday.
Estonia’s tech elite are getting behind a European challenger to Robinhood
A host of Estonia’s top tech entrepreneurs — including ride-hailing unicorn Bolt’s CEO Markus Villig — are investing in European trading app Lightyear.
Google’s $85 billion capital spend spurred by cloud, AI demand
Executives said the spend will be on tech infrastructure needed to power cloud services.
Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose 68%, year on year.
IBM shares drop despite earnings beat
IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.
ServiceNow lifts guidance on AI growth
“Every business process in every industry is being refactored for agentic AI,” said ServiceNow chairman and CEO Bill McDermott in a release.
Texas Instruments stock falls 12% as CEO warns of tariff concerns
CEO Haviv Ilan said that some of the second-quarter strength may have come from a pull forward in demand to acquire inventory ahead of tariffs.
Tesla set to report second-quarter earnings after the bell
Tesla’s second quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.
Alphabet to report Q2 earnings after the bell
The company made a number of AI announcements during the quarter.
Uber will let women drivers and riders request to avoid being paired with men starting next month
Uber will pilot the women preference program in Los Angeles, San Francisco and Detroit starting next month.