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Tag Archives: CNBC
Nvidia briefly surpasses $2 trillion in market cap during intraday trading
Shares of Nvidia have continued to rally following its rosy earnings report Wednesday.
AI can ‘disproportionately’ help defend against cybersecurity threats, Google CEO Sundar Pichai says
Rapid developments in artificial intelligence could help strengthen defenses against security threats in cyber space, according to Google CEO Sundar Pichai.
Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback
On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.
Block shares surge as much as 14% after company announces surprise profit
There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.
OpenAI CEO Sam Altman stands to net millions as Reddit goes public
Sam Altman used Reddit every day for years before leading a $50 million round in the online discussion board company. Now Reddit sees ChatGPT as competition.
San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order
Two days after taking a job for Tesla, owner of The Giving Pies got a simple text message canceling the order.
Reddit files to list IPO on NYSE under the ticker RDDT
Reddit’s debut will mark the first major tech initial public offering of the year and the first social media IPO since Pinterest went public in 2019.
AT&T cellular service restored after daylong outage; cause still unknown
A cellular outage Thursday hit thousands of AT&T users in the United States, disrupting calls, text messages and emergency services in major cities.
Google pauses Gemini AI image generator after it created inaccurate historical pictures
Google on Thursday said it is pausing its Gemini artificial intelligence image generation feature, after saying it offered “inaccuracies” in historical pictures.
Nvidia shares pop 14% in premarket trade after AI-fueled bumper earnings
Nvidia chips are used to train the huge AI models such as those developed by Microsoft and Meta.