Tag Archives: CNBC

Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett’s new tradition 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 Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett’s new tradition and more in Morning Squawk

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

While hyperscalers are getting rewarded for their big spending plans, smaller companies are getting punished by investors.

Posted in Tech | Tagged | Comments Off on AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year

CEO Tom Hale spoke with CNBC’s Arjun Kharpal in an exclusive interview at Web Summit in Lisbon, Portugal.  

Posted in Tech | Tagged | Comments Off on Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year

Apple removes gay dating apps from Chinese App Store at Beijing’s request

Apple has removed two popular gay dating apps from its Chinese iOS Store after receiving an order from Beijing’s main internet regulator and censorship authority.

Posted in Tech | Tagged | Comments Off on Apple removes gay dating apps from Chinese App Store at Beijing’s request

CNBC Daily Open: Days of declines won’t keep AI trade down

Investors piled back into artificial intelligence names on Monday stateside. “AI-related stocks should drive equity markets,” an analyst said.

Posted in Tech | Tagged | Comments Off on CNBC Daily Open: Days of declines won’t keep AI trade down

SoftBank sells its entire stake in Nvidia for $5.83 billion

The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.

Posted in Tech | Tagged | Comments Off on SoftBank sells its entire stake in Nvidia for $5.83 billion

SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

SoftBank’s stock has slumped in the past week as concerns of an artificial intelligence bubble sent jitters through global markets.

Posted in Tech | Tagged | Comments Off on SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions

Sony Group on Tuesday reported a increase in its second-quarter operating profit that beat expectations on strength from its Music and Imaging divisions.

Posted in Tech | Tagged | Comments Off on Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions

Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018

Tesla CEO Elon Musk received less support from shareholders for his trillion-dollar pay plan than he did when his prior package was put up for a vote.

Posted in Tech | Tagged | Comments Off on Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

On top of deals with Meta and OpenAI, CoreWeave pointed to expansions from a large unnamed customer in the third quarter.

Posted in Tech | Tagged | Comments Off on CoreWeave’s revenue more than doubles as AI buildout expansion accelerates