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Tag Archives: CNBC
Musk says Tesla is training an upgraded Full Self-Driving model which could be released next month
Elon Musk said the new Full Self-Driving model will have a larger parameter size and improved video performance.
U.S. charges two Chinese nationals for illegally shipping Nvidia AI chips to China
Two Chinese nationals in California have been charged with the illegal shipment of tens of millions of dollars’ worth of AI chips, including those from Nvidia.
Opendoor tanks after earnings as CEO thanks new investors for ‘increased visibility’
Opendoor shares soared 245% in July and got off to a hot start in August as retail investors poured into the online real estate company.
Super Micro shares plunge 15% on weak results, disappointing guidance
The server maker’s business is still getting a big boost from artificial intelligence, but growth is slowing.
Hinge Health stock pops 6% after first quarterly report since IPO
The company reported quarterly results for the first time since its debut on the New York Stock Exchange in May.
AMD reports weaker-than-expected earnings even as revenue tops estimates
AMD, which is second in the market for AI graphics processing units, is grappling with chip export controls.
Snap shares plummet 15% after weak second quarter revenue metric
Snap reported second-quarter earnings in which sales were basically in line with analysts’ estimates while global average revenue per user missed expectations.
Nvidia says its AI chips don’t have a ‘kill switch’ after Chinese accusation
The statement is an example of how Nvidia is navigating becoming a center of geopolitical conflict.
Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record
Shares of the cryptocurrency trading platform have collapsed since notching a record on July 18.
Axon jumps 14% after TASER maker tops results and boosts outlook on security needs
Axon Enterprise’s stock popped 14% after the TASER maker topped Wall Street’s estimates and boosted its outlook due to robust demand for its security solutions.