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Tag Archives: CNBC
Cisco beats on earnings and guidance, lifting stock
Cisco has returned to growth this year after revenue dropped in 2024, but Wall Street is waiting to see if the company can be a major player in AI.
Defense startup Govini founder Eric Gillespie charged in child sex sting
Govini has a $900-million U.S. government contract and multiple deals with the Pentagon.
What Anthropic’s $50 billion AI infrastructure investment means for these 3 portfolio stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital
Code Metal has raised $36.5 million in a funding round led by Accel.
Waymo begins offering freeway robotaxi rides in San Francisco, LA and Phoenix
The Google sister company has been testing robotaxi freeway rides with employees for more than a year.
Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers
Anthropic rival OpenAI has secured more than $1.4 trillion worth of deals with Nvidia, Broadcom, Oracle, and the major cloud providers.
AMD’s Lisa Su dismisses AI spending fears as stock rallies on growth projections: ‘It’s the right gamble’
Many of AMD’s hyperscaler customers have beefed up spending as AI reaches an “inflection point” and companies can see the return on that spending, Su added.
Coinbase moves incorporation to Texas from Delaware, following Musk’s lead
Coinbase’s legal chief wrote in a Wall Street Journal op-ed that the crypto platform is moving its state of incorporation to Texas.
AI trade stalls, ‘ghost job’ listings, Trump floats tariff rebate checks and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
Swedish autonomous EV trucking company Einride is planning to go public on the NYSE through a SPAC deal with Legato Merger Corp. III valuing it at $1.8 billion.