Tag Archives: CNBC

CoreWeave stock jumps 8% as Nvidia invests $2 billion to expand AI data center capacity

Nvidia purchased CoreWeave Class A common stock at $87.20 per share.

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Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk

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

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Memory chip shortage to last through 2027, semiconductor boss says

The boom in AI data center building has caused a shortage of memory chips which are also crucial for electronics like smartphones.

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Nvidia set to supplant Apple as TSMC’s top customer, signaling chip industry’s ‘changing dynamic’

The positional swap will mark a fundamental shift in the semiconductor industry, reflecting Nvidia’s growing importance amid the AI infrastructure buildout.

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Elon Musk’s X probed by EU over sexually explicit images on Grok

The European Commission on Monday said it opened an investigation into Elon Musk’s X over the spreading of sexually explicit material by the AI chatbot Grok.

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Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation

The British AI video company has raised $200 million in fresh funding.

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Meta’s Reality Labs cuts sparked fears of a ‘VR winter’

Meta’s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised concerns about the future of the industry.

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Musk’s $1 trillion pay package renews focus on soaring CEO compensation

Elon Musk’s stock-fueled gains highlight the booming compensation and wealth gains of CEOs in recent decades.

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Cramer’s week ahead: Earnings from Meta, Microsoft and Apple. Plus, a Fed meeting

Cramer on Friday also named which stocks investors should consider buying after earnings.

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Sen. Kirsten Gillibrand ‘optimistic’ Senate Agriculture will advance crypto bill despite differences

Sen. Kirsten Gillibrand, D-N.Y., is “very optimistic” the Senate Agriculture Committee’s updated cryptocurrency market structure bill will move forward.

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