Tag Archives: CNBC

Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Fintech stocks bounced back Monday as analysts downplayed the potential impact of JPMorgan’s reported plan to charge for bank data access.

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Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition

The Trade Desk is the second new technology name to join the S&P 500 in under two weeks.

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Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal

AI startup Cognition on Monday said it’s acquiring Windsurf in a deal that will include the coding company’s IP and user base.

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Musk’s xAI faces European scrutiny over Grok’s ‘horrific’ antisemitic posts

Grok generated and spread antisemitic hate speech across X and praised Adolf Hitler.

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Meta removes 10 million Facebook profiles in effort to combat spam

Meta on Monday said it’s removed about 10 million Facebook profiles for impersonating large content producers so far in 2025, in an effort to reduce spam.

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Rocket Lab stock jumps 8%, building on strong two-month rally

Since its debut on the Nasdaq in August 2021 under the ticker RKLB, its market value has swelled to over $19 billion.

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Anthropic, Google, OpenAI and xAI granted up to $200 million for AI work from Defense Department

The DoD’s Chief Digital and Artificial Intelligence Office said the awards will help the agency accelerate its adoption of AI solutions.

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Meta CEO Zuckerberg says first AI data supercluster will come online in 2026

Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence infrastructure.

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Musk says he does not support a merger between Tesla and xAI but backs investment

Elon Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all.

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Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less

Alibaba-backed startup Moonshot released its Kimi K2 model as a low-cost, open source large language model, the two factors underlying DeepSeek’s disruption.

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