Tag Archives: CNBC

Alphabet resets the bar for AI infrastructure spending

The search giant’s proposed capex spend for 2026 exceeds that of its hyperscalers peers.

Posted in Tech | Tagged | Comments Off on Alphabet resets the bar for AI infrastructure spending

Software experiencing ‘most exciting moment’ as AI fears hammer the stocks

Shares of software companies have been getting beaten up, and the selloff accelerated this week after Anthropic’s latest unveiling.

Posted in Tech | Tagged | Comments Off on Software experiencing ‘most exciting moment’ as AI fears hammer the stocks

Ciena returns to S&P 500 after getting booted 17 years ago

Ciena is predicting the fastest growth since 2011 in the current fiscal year, thanks to its position in artificial intelligence.

Posted in Tech | Tagged | Comments Off on Ciena returns to S&P 500 after getting booted 17 years ago

Jim Cramer says the tech sell-off proves why this old investing rule still matters

Tech is not the only investable part of the market, CNBC’s Jim Cramer stressed Wednesday.

Posted in Tech | Tagged | Comments Off on Jim Cramer says the tech sell-off proves why this old investing rule still matters

Broadcom, Nvidia shares rise on surging Google capital expenditures for AI

Much of Google’s AI software doesn’t run on industry-standard Nvidia chips, but instead on its own tensor processing units. Broadcom helps Google make its TPUs.

Posted in Tech | Tagged | Comments Off on Broadcom, Nvidia shares rise on surging Google capital expenditures for AI

Snap shares rise on fourth-quarter earnings that beat on sales

Snap released on Wednesday its fourth-quarter earnings that beat on sales but missed on revenue guidance.

Posted in Tech | Tagged | Comments Off on Snap shares rise on fourth-quarter earnings that beat on sales

Qualcomm stock sinks as memory shortage drags on forecast

“We’re starting to see that memory is going to define the size of the mobile market,” Qualcomm CEO Cristiano Amon said in an interview.

Posted in Tech | Tagged | Comments Off on Qualcomm stock sinks as memory shortage drags on forecast

Amazon CEO Andy Jassy picks marketplace exec to be his new ‘shadow’ advisor

Jassy was Jeff Bezos’ shadow in the early 2000s before going on to lead Amazon Web Services.

Posted in Tech | Tagged | Comments Off on Amazon CEO Andy Jassy picks marketplace exec to be his new ‘shadow’ advisor

OpenAI models could help power Alexa as part of Amazon investment deal

The collaboration is being discussed as part of Amazon’s ongoing talks to invest up to $50 billion in OpenAI, according to a source familiar.

Posted in Tech | Tagged | Comments Off on OpenAI models could help power Alexa as part of Amazon investment deal

Jim Cramer says the software sell-off creates opportunities in stocks outside of tech

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

Posted in Tech | Tagged | Comments Off on Jim Cramer says the software sell-off creates opportunities in stocks outside of tech