Tag Archives: CNBC

Dell shares climb after company raises full-year profit outlook on AI demand

Dell Technologies reported fiscal first-quarter earnings that missed expectations, but offered a stronger-than-expected forecast for the current quarter.

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Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

Starbase was officially formed earlier this month after Elon Musk’s aerospace and defense contractor prevailed in a local election

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Synopsys pulls full-year guidance, citing new China export restrictions

Synopsys was already facing a slowdown in China. Now it’s trying to assess the impact of new export restrictions.

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Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

Elon Musk tried to derail a major AI infrastructure deal in the Middle East, a source confirmed to CNBC

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Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army

Meta and Anduril defense-tech startup founded by Palmer Luckey formed a partnership to create virtual reality and augmented reality devices for the U.S. army.

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Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

A former Microsoft executive is leading a new team at Amazon within the company’s devices unit.

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Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health updated its IPO prospectus on Thursday, indicating that it plans to raise up to $158 million in its offering.

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Salesforce shares fall as software maker shows pockets of weakness

Salesforce shares slumped despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance.

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Amazon AI deal with New York Times brings the paper’s content to Alexa

A growing number of news organizations have inked licensing deals with AI product makers.

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3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future

The company’s data center division continues to surge as companies, countries, and cloud providers snap up GPUs for artificial intelligence software.

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