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Tag Archives: CNBC
Trump backs off sending National Guard to San Francisco after Huang, Benioff phone calls
“Great people like Jensen Huang, Marc Benioff, and others have called saying that the future of San Francisco is great,” Trump wrote.
Trump admin not negotiating equity stakes with quantum firms: Commerce official
“The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” the spokesperson said in a statement.
CrowdStrike CEO blasts ‘AI is killing software’ narrative, says one can’t exist without the other
CrowdStrike CEO George Kurtz pushed back on the narrative that artificial intelligence makes cloud-based software obsolete.
Super Micro shares fall 6% on weak preliminary results
Super Micro said “design win upgrades” pushed some expected first-quarter revenue to the second quarter.
Tesla’s earnings miss, Meta job cuts, U.S. sanctions Russian oil and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger
The Quark AI glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers.
Europe’s big enterprise AI hope SAP books 85% of 2026 revenue as deals boom
The German company is focused on creating value for customers, rather than feeding into the “hype.”
First rare earths and chips, now quantum computers: Trump reportedly eyes new U.S. stakes
The Trump administration is reportedly in talks with several quantum-computing firms about government taking equity stakes in exchange for funding.
CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Tesla’s revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year earlier.
Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry
In its latest data-rights battle with the AI industry, Reddit has launched a suit against Perplexity alleging the AI company illegally scraped its users’ posts.