Tag Archives: CNBC

Larry Summers resigns from OpenAI board after release of emails with Epstein

Details about Summers’ communications with sex offender Jeffrey Epstein were made public last week.

Posted in Tech | Tagged | Comments Off on Larry Summers resigns from OpenAI board after release of emails with Epstein

The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight

Nvidia earnings will be out after Wednesday’s close, and AI rockstar CEO Jensen Huang will be on the hot seat.

Posted in Tech | Tagged | Comments Off on The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight

Blip, dip, pullback or the beginning of the end? Global investors weigh in on equities sell-off

Once asset light businesses have morphed into capex-heavy hyperscalers, leading to investor concern.

Posted in Tech | Tagged | Comments Off on Blip, dip, pullback or the beginning of the end? Global investors weigh in on equities sell-off

Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume

The development appears to bring an end to a bitter dispute between the Netherlands and China.

Posted in Tech | Tagged | Comments Off on Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume

CNBC Daily Open: AI firms are getting money while their stocks are losing value

Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: AI firms are getting money while their stocks are losing value

‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says

Bank of America’s Global Fund Manager Survey found concerns about an AI bubble are mounting.

Posted in Tech | Tagged | Comments Off on ‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says

Tesla obtains permit to operate ride-hail service in Arizona

The Arizona Department of Transportation said Tesla obtained a “transportation network company” permit in the state.

Posted in Tech | Tagged | Comments Off on Tesla obtains permit to operate ride-hail service in Arizona

CNBC Daily Open: The flow of money in AI appears one-way at this point

Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: The flow of money in AI appears one-way at this point

Meta’s big antitrust win, Salesforce’s deal closure, and iPhone’s popularity in China

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Posted in Tech | Tagged | Comments Off on Meta’s big antitrust win, Salesforce’s deal closure, and iPhone’s popularity in China

Meta wins FTC antitrust trial that focused on WhatsApp, Instagram

Meta has won its case against the Federal Trade Commission, seven months after the trial began.

Posted in Tech | Tagged | Comments Off on Meta wins FTC antitrust trial that focused on WhatsApp, Instagram