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Tag Archives: CNBC
SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake
SoftBank Group founder Masayoshi Son has downplayed his firm’s decision to dump its Nvidia position, saying he “was crying” to sell the shares.
A ‘seismic’ Nvidia shift, AI chip shortages and how it’s threatening to hike gadget prices
The AI infrastructure buildout is creating shortages of components including various types of chips that are also used in consumer electronics.
Samsung launches its first multi-folding phone as competition from Chinese brands intensifies
Samsung Electronics has announced the launch of its first multi-folding smartphone, as it faces growing pressure to keep up with innovations from competitors.
Why Jim Cramer thinks the AI trade is breaking up
CNBC’s Jim Cramer explained how stocks related to AI are starting to trade separately.
Apple AI chief stepping down, company says
Apple’s head of artificial intelligence, John Giannandrea, will step down from his position, the company announced on Monday.
Broadcom gets more Street approval, but Cramer says it’s not in a race with Nvidia
Broadcom’s custom chips are no threat to Nvidia, according to the latter’s CEO.
MongoDB stock jumps 15% on earnings and revenue beat, strong guidance
MongoDB reported third quarter earnings after the bell that beat analyst estimates.
Meta’s Instagram orders employees back to the office 5 days a week
The RTO policy only applies to Instagram and not to Meta’s other family of apps, like Facebook and WhatsApp.
Nvidia CEO to Cramer: Synopsys deal is ‘culmination of everything I showed you’ over the years
This deal allows Synopsys to leverage Nvidia’s AI platform to deliver computer-modeled design and engineering solutions across many industries.
Kalshi makes move to court crypto traders with tokenized betting contracts
Tokenization refers to creating a digital version of a real-world financial asset such as a stock, bond or treasury note.