Tag Archives: CNBC

Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage

Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates.

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Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

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Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor

In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.

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ServiceNow falls 6% despite better-than-expected fourth-quarter results

ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.

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IBM jumps 8% on earnings beat

IBM CEO Arvind Krishna said the company’s generative artificial intelligence book of business hit more than $12.5 billion.

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Meta’s Reality Labs posts $6.02 billion loss in fourth quarter

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.

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The key things Wall Street is looking for in the Mag 7 reports after the bell

Wednesday evening will bring highly awaited results from Meta, Microsoft and Tesla.

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Google brings more Gemini AI features to Chrome browser

Google is bringing more Gemini AI features to its Chrome browser, the latest in the company’s efforts to put its new-age tech front and center for users.

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Apple’s Cook says he’s ‘heartbroken’ by Minneapolis events and has spoken with Trump

Apple CEO Tim Cook called for “deescalation” in Minneapolis, where two people have been killed by federal agents this month.

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AI industry looks to repeat crypto lobbying success and put war chest to work in midterm elections

AI super PACs will be a major force in midterm elections as national and state debates over artificial intelligence regulation, and lobbying dollars, rise.

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