Tag Archives: CNBC

Tesla’s Model Y debuts in India priced at a hefty $70,000 as the EV maker ‘tests the waters’

Experts told CNBC that Tesla will compete in the premium segment of the market with the likes of BMW, rather than with local EVs like those from Tata Motors.

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Nvidia says U.S. government will allow it to resume H20 AI chip sales to China

Nvidia says it is filing applications to with the U.S. government to resume sales of its H20 GPU to China, in what could represent a huge policy win.

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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Fintech stocks bounced back Monday as analysts downplayed the potential impact of JPMorgan’s reported plan to charge for bank data access.

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Trade Desk’s stock jumps on S&P 500 inclusion as Ansys exits index due to acquisition

The Trade Desk is the second new technology name to join the S&P 500 in under two weeks.

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Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal

AI startup Cognition on Monday said it’s acquiring Windsurf in a deal that will include the coding company’s IP and user base.

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Musk’s xAI faces European scrutiny over Grok’s ‘horrific’ antisemitic posts

Grok generated and spread antisemitic hate speech across X and praised Adolf Hitler.

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Meta removes 10 million Facebook profiles in effort to combat spam

Meta on Monday said it’s removed about 10 million Facebook profiles for impersonating large content producers so far in 2025, in an effort to reduce spam.

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Rocket Lab stock jumps 8%, building on strong two-month rally

Since its debut on the Nasdaq in August 2021 under the ticker RKLB, its market value has swelled to over $19 billion.

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Anthropic, Google, OpenAI and xAI granted up to $200 million for AI work from Defense Department

The DoD’s Chief Digital and Artificial Intelligence Office said the awards will help the agency accelerate its adoption of AI solutions.

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Meta CEO Zuckerberg says first AI data supercluster will come online in 2026

Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence infrastructure.

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