Tag Archives: CNBC

Palantir’s astronomical growth in 3 charts

The artificial intelligence-powered software company’s cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp.

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Apple Watch getting redesigned blood oxygen feature following legal dispute

In 2023, the International Trade Commission found that Apple’s blood oxygen sensors infringed on intellectual property from Masimo.

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Bitcoin touches record, ether almost makes new high before rolling over

Bitcoin rose as high as $124,496 on Wednesday, while ether is inching closer to its 2021 record of $4,866.01.

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AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts

Foxconn reported a second-quarter operating profit beat on strength of its growing artificial intelligence server business.

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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

Perplexity AI’s offer of $34.5 billion for Google’s Chrome browser is a lot lower than where some analysts value the business.

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Cisco reports narrow earnings beat, issues inline forecast for the year

Cisco’s results for the fiscal fourth quarter came in mostly as analysts had expected.

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CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration

CoreWeave’s stock dropped about 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss.

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Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities

The service is launching in more than 1,000 U.S. cities and towns, with plans to expand to at least 2,300 locations by the end of this year.

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Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound

Ether could test its all-time high this week for the first time since the cryptocurrency saw the level in 2021.

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How Big Tech is paying its way out of Trump’s tariffs

Analysts say the deals show just how important it is for the world’s largest companies to find some tariff relief.

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