Tag Archives: CNBC

CNBC Daily Open: Investors sell off tech despite steady Broadcom numbers

In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: Investors sell off tech despite steady Broadcom numbers

Dan Ives loves these 4 European tech companies. Analysts expect those stocks to rise

The Wedbush Securities head of tech research is watching SAP, ASML, Klarna and Spotify closely

Posted in Tech | Tagged | Comments Off on Dan Ives loves these 4 European tech companies. Analysts expect those stocks to rise

Broadcom and Costco’s rich valuations leave little room for error as battleground stocks

In his Sunday column for Investing Club subscribers, CNBC’s Jim Cramer writes about the issues facing Broadcom and Costco.

Posted in Tech | Tagged | Comments Off on Broadcom and Costco’s rich valuations leave little room for error as battleground stocks

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports

Software company ServiceNow is in advanced discussions to acquire Armis, a cybersecurity startup last valued at $6.1 billion.

Posted in Tech | Tagged | Comments Off on ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports

Here are 4 major moments that drove the stock market last week

The S&P 500 ran into a brick wall Friday and finished the week lower, just one day after closing at a record high.

Posted in Tech | Tagged | Comments Off on Here are 4 major moments that drove the stock market last week

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Oracle pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027.

Posted in Tech | Tagged | Comments Off on Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Trump’s AI order may be ‘illegal,’ Democrats and consumer advocacy groups claim

President Donald Trump executive order on a national artificial intelligence framework threatens funding for states that pursue AI laws deemed “onerous.”

Posted in Tech | Tagged | Comments Off on Trump’s AI order may be ‘illegal,’ Democrats and consumer advocacy groups claim

Coinbase to soon unveil prediction markets powered by Kalshi, source says

A source told CNBC that Coinbase will soon unveil prediction markets, powered by Kalshi, underscoring the firm’s push to fulfill its “everything exchange” vision.

Posted in Tech | Tagged | Comments Off on Coinbase to soon unveil prediction markets powered by Kalshi, source says

Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia

Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.

Posted in Tech | Tagged | Comments Off on Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian impressed Wall Street with its plans for AI and automation, but significant challenges involving demand and capital remain for the EV maker.

Posted in Tech | Tagged | Comments Off on Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain