Tag Archives: CNBC

Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election

Connected TV are capturing more political advertising dollars than ever as campaigns rush to reach prospective voters.

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Dell beats estimates as server sales soar 80%, riding AI wave

Dell said it recorded $3.1 billion of AI server sales in the quarter, up from $1.7 billion in the May quarter.

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OpenAI and Anthropic agree to let U.S. AI Safety Institute test and evaluate new models

The U.S. AI Safety Institute on Thursday announced it had come to a testing and evaluation agreement with OpenAI and Anthropic.

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Affirm shares surge 34% and head for best day in three years after earnings beat

Affirm shares soared on Thursday after the provider of buy now, pay later loans reported better-than-expected quarterly results.

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Uber takes stake in SoftBank-backed self-driving tech startup Wayve

Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two collaborate on autonomous driving technology.

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Shohei Ohtani signs trading card deal with Fanatics-backed Topps

Los Angeles Dodgers superstar Shohei Ohtani has signed an exclusive trading card deal with Topps, which will offer unique, autographed baseball cards.

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Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit

Delivery Hero CEO Niklas Ostberg said the IPO of its Middle East business was about bringing in local investors in the region to co-invest and support the unit.

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Nvidia shares dip in premarket trade despite earnings beating estimates

Nvidia shares fell 4.5% in U.S. premarket trade on Thursday despite its fiscal second-quarter results beating estimates.

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Tech stocks in Asia fall amid broad declines in the region after Nvidia results

Losses were most pronounced in Nvidia’s direct suppliers, such as TSMC and SK Hynix

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Nvidia’s earnings report shows the problem of being priced for perfection

Nvidia topped Wall Street estimates across the board in its earnings report on Wednesday, though its gross margin showed slight slippage.

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