Tag Archives: CNBC

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.

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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.

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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.

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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.

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Google sues cybercriminal group behind E-ZPass, USPS text phishing scams

Google filed a lawsuit against a cybercriminal group largely based in China that is behind a massive text message phishing operation, or “smishing.”

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CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms

SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.

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Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says

Singapore DPM Gan Kim Yong said if the EU and ASEAN can come together to discuss a digital economic agreement, it would be a “major breakthrough.”

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Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

Foxconn, the world’s largest contract electronics maker, reported Wednesday that its third-quarter profit jumped 17% from a year earlier.

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CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor

SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.

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Lawmakers just released a much-awaited crypto market structure bill. Here’s what it means for digital assets and what comes next

The Senate Agriculture Committee released a draft of its part of a crypto market structure bill, which could help advance the U.S. digital assets industry.

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