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Tag Archives: CNBC
Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta’s AI assistant now has one billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday.
Salesforce turns in strong results and optimistic forecast
Salesforce delivered a beat-and-raise quarter even with President Trump’s imposition of tariffs on imported goods.
HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs
HP beat on revenue but came up short on earnings and guidance, partly due to President Donald Trump’s tariffs.
Chip software stocks sink on report Trump ordered halt to China sales
The instructions come after the U.S. Commerce Department warned companies about using artificial intelligence chips from China’s Huawei.
JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar
U.S. Vice President J.D. Vance delivered a keynote at Bitcoin 2025 in Las Vegas on Wednesday.
Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal
Elon Musk’s startup xAI is paying Telegram $300 million to roll out its Grok chatbot.
Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart has appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new operations chief.
Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue
British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.
China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
ASML, like many chip firms, has been hit by restrictions on exports to China and U.S. tariff uncertainty.