Tag Archives: CNBC

Nvidia jumps 5% in premarket trading as results spark global chip rally

Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks.

Posted in Tech | Tagged | Comments Off on Nvidia jumps 5% in premarket trading as results spark global chip rally

China’s DeepSeek quietly releases upgraded R1 AI model, ramping up competition with OpenAI

DeepSeek rose to prominence this year after its free, open-source R1 reasoning model outperformed offerings from rivals including Meta and OpenAI.

Posted in Tech | Tagged | Comments Off on China’s DeepSeek quietly releases upgraded R1 AI model, ramping up competition with OpenAI

Elon Musk says he’s leaving government work with DOGE, thanks Trump

In a post on X, Elon Musk thanked President Trump and said that his “scheduled time” for government work is coming to an end.

Posted in Tech | Tagged | Comments Off on Elon Musk says he’s leaving government work with DOGE, thanks Trump

Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds

A group of pension funds that are investors in Tesla want the company’s board to require more from CEO Elon Musk.

Posted in Tech | Tagged | Comments Off on Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds

Mark Zuckerberg says Meta AI has 1 billion monthly active users

Meta’s AI assistant now has one billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday.

Posted in Tech | Tagged | Comments Off on Mark Zuckerberg says Meta AI has 1 billion monthly active users

Salesforce turns in strong results and optimistic forecast

Salesforce delivered a beat-and-raise quarter even with President Trump’s imposition of tariffs on imported goods.

Posted in Tech | Tagged | Comments Off on Salesforce turns in strong results and optimistic forecast

HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs

HP beat on revenue but came up short on earnings and guidance, partly due to President Donald Trump’s tariffs.

Posted in Tech | Tagged | Comments Off on HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs

Chip software stocks sink on report Trump ordered halt to China sales

The instructions come after the U.S. Commerce Department warned companies about using artificial intelligence chips from China’s Huawei.

Posted in Tech | Tagged | Comments Off on Chip software stocks sink on report Trump ordered halt to China sales

JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

U.S. Vice President J.D. Vance delivered a keynote at Bitcoin 2025 in Las Vegas on Wednesday.

Posted in Tech | Tagged | Comments Off on JD Vance tells bitcoin conference that stablecoins don’t threaten the dollar

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal

Elon Musk’s startup xAI is paying Telegram $300 million to roll out its Grok chatbot.

Posted in Tech | Tagged | Comments Off on Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal