Tag Archives: CNBC

High school, college students are excited about AI, not dreading jobs impact

High school and college students say they’re excited about using AI and don’t fear its impact on their job prospects.

Posted in Tech | Tagged | Comments Off on High school, college students are excited about AI, not dreading jobs impact

Spotify tops third-quarter estimates on strong user growth, issues mixed guidance

The streaming platform had 281 million premium subscribers for the quarter, coming in just below StreetAccount expectations.

Posted in Tech | Tagged | Comments Off on Spotify tops third-quarter estimates on strong user growth, issues mixed guidance

Scale AI’s life after Meta deal has been rocky, but CFO insists it’s not a ‘zombie company’

Five months after Scale AI’s high-profile founder was hired by Meta, the startup is trying to show that it’s still on a growth trajectory.

Posted in Tech | Tagged | Comments Off on Scale AI’s life after Meta deal has been rocky, but CFO insists it’s not a ‘zombie company’

Palantir stock drops 7% on valuation concerns as CEO Karp rips short seller ‘market manipulation’

Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.

Posted in Tech | Tagged | Comments Off on Palantir stock drops 7% on valuation concerns as CEO Karp rips short seller ‘market manipulation’

Alex Karp blasts ‘Big Short’ investor Michael Burry as ‘bats— crazy’ for bets against Palantir, Nvidia

“The idea that chips and ontology is what you want to short is bats— crazy,” Alex Karp said.

Posted in Tech | Tagged | Comments Off on Alex Karp blasts ‘Big Short’ investor Michael Burry as ‘bats— crazy’ for bets against Palantir, Nvidia

Bitcoin’s November sell-off worsens as investors reduce risk on worries about the AI trade

Cryptocurrencies retreated Tuesday as investors continued to flee risk-on assets.

Posted in Tech | Tagged | Comments Off on Bitcoin’s November sell-off worsens as investors reduce risk on worries about the AI trade

Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant

Instacart’s AI Solutions, a suite of artificial intelligence tools for grocers, includes agentic inventory tracking and an AI shopping assistant.

Posted in Tech | Tagged | Comments Off on Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant

Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI

Amazon, Target and UPS are laying off thousands of employees, but the reasons behind the cuts go a lot deeper than AI.

Posted in Tech | Tagged | Comments Off on Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI

Amazon’s new subsea internet cable Fastnet will have the capacity to stream 12.5 million HD movies simultaneously

Amazon is building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County Cork, Ireland.

Posted in Tech | Tagged | Comments Off on Amazon’s new subsea internet cable Fastnet will have the capacity to stream 12.5 million HD movies simultaneously

Palantir earnings, Pizza Hut’s options, a new consumer staples giant and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Posted in Tech | Tagged | Comments Off on Palantir earnings, Pizza Hut’s options, a new consumer staples giant and more in Morning Squawk