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Tag Archives: CNBC
The stocks set to win from soaring AI spend, according to analysts
While Big Tech deals draw eyeballs, opportunities lie in those flying under the radar but supporting the AI supply chain.
China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China’s strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.
Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Tesla shareholders approved CEO Elon Musk’s historic pay package at the company’s annual shareholders meeting in Austin, Texas.
Airbnb shares rise on revenue beat, stronger-than-expected forecast
Shares of Airbnb rose in extended trading after the company reporter third-quarter results that beat revenue expectations.
Take Two sinks 10% on delay of Grand Theft Auto VI to November 2026
GTA VI was initially set for a fall 2025 launch but has faced multiple delays.
Sam Altman says OpenAI will top $20 billion in annualized revenue this year, hundreds of billions by 2030
OpenAI has inked more than $1.4 trillion of infrastructure deals, raising questions about how it will pay for those commitments.
Apple’s AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Meta reportedly projected 10% of 2024 sales came from scam, fraud ads
Meta projected that about $16 billion in 2024 revenue came from running ads for scams and banned goods, according to a Thursday report from Reuters.
Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments
Sacks’ comments came after OpenAI CFO Sarah Friar mentioned a federal “backstop” during a conference.
Microsoft forms superintelligence team under AI chief Suleyman ‘to serve humanity’
The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.