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- OpenAI hires Slack CEO Denise Dresser to lead global revenue strategy
- Trump’s blessing of Nvidia AI chip sales to China gets a chilly reception from GOP
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Tag Archives: CNBC
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir CEO Alex Karp twice confronted short sellers this week as the company’s shares suffered a double-digit drop.
Big Tech’s AI spending spree: Smart long-term bet or short-term risk?
CNBC’s Paulina Likos and Zev Fima break down big tech’s massive artificial intelligence spending spree
Altimeter’s Brad Gerstner says market pullback is healthy, sees no bubble in tech
Gerstner pushed back on the idea that the market is in bubble territory.
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said as the government shutdown drags on, there are signs of shifting shopping habits from federal workers.
Block sinks 10% after weak third quarter results miss Wall Street estimates
Block’s third-quarter revenue missed Wall Street estimates and showed slowing profit growth from Square.
Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport
Archer Aviation’s stock tumbled after a share sale overshadowed a narrower-than-expected third-quarter loss.
Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn
President Trump’s government agency gutting and budget cuts leave the U.S. economy at greater risk of cyberattacks than a year ago, according to experts.
Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Google’s cloud business is a primary engine of growth, and the company’s custom-built chips called Tensor Processing Units are helping drive it.
AI valuation fears grip global investors as tech bubble concerns grow
The recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors’ minds.