Tag Archives: CNBC

Cisco’s stock closes at record for first time since dot-com peak in 2000

Cisco was at the center of the internet boom, but has a much different role in today’s artificial intelligence craze.

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Oracle set to report quarterly results after the bell

Oracle’s hefty infrastructure costs and rising debt load have weighed on the stock in the past few months.

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Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips

The U.S. has blocked the export of Nvidia’s Blackwell chips to China in an effort to stay ahead in the AI race.

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‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up

The company’s Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.

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Former GitLab CEO raises money for Kilo to compete in crowded AI coding market

Kilo Code, which makes a vibe coding extension, was founded by former GitLab CEO Sid Sijbrandij.

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The Fed meeting, pressure on Oracle, Target’s fashion-forward renovation and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Australia is trying to enforce the first teen social media ban. Governments worldwide are watching.

Australia has enacted the world’s first ban on social media usage for users under the age of 16, in a move expected to be monitored by global lawmakers.  

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CNBC Daily Open: A Fed rate cut might not be festive enough

The “dot plot,” Chair Jerome Powell’s press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.

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CEO of South Korean online retail giant Coupang resigns over data breach

Coupang said Wednesday that CEO Park Dae-jun resigned due to the data breach incident, which was revealed on Nov. 18

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Amazon pledges a massive $35 billion worth of investments in India’s AI space through 2030

Amazon has committed to investing $$35 billion in India’s cloud and AI space by 2030, as hyperscalers race to get a foothold in the market.

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