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Tag Archives: CNBC
CNBC Daily Open: AI infrastructure stocks are taking a beating
The ready availability of clients means companies that provide the compute just need to make sure their finances are in order.
CNBC Daily Open: Debt worries continue to weigh on AI-related stocks
The ready availability of clients means companies that provide the compute just need to make sure their finances are in order.
Merriam-Webster declares ‘slop’ its word of the year in nod to growth of AI
Slop refers to the low-quality content created by artificial intelligence that’s showing up across social media.
PayPal applies to form bank that can offer small business loans and savings accounts
PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank.
Tesla stock closes at 2025 high after Musk confirms driverless Robotaxi tests underway in Austin
Tesla CEO Elon Musk said in a social media post that his company is testing driverless cars in Austin without a safety driver in the vehicle.
Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’
The company’s bankruptcy comes after Amazon abandoned its planned acquisition of iRobot in 2024 due to mounting regulatory scrutiny.
AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide
In at least one corner of the AI market, sentiment has turned decidedly negative.
OpenAI poaches Google executive to lead corporate development
Albert Lee previously led corporate development for Google Cloud and Google DeepMind.
Jim Cramer says he’s not willing to bet against ServiceNow after an analyst sell call
KeyBanc established a $775 price target, which was right around where ServiceNow was trading Monday after dropping more than 11%.
Zillow shares are getting crushed. Here’s why
Zillow shares fell more than 11% on Monday as investors grew concerned that Google could be testing real estate listings on its search page.