Tag Archives: CNBC

Amazon extends Prime Day to four days, starting July 8

Amazon is extending its annual Prime Day discount event across four days for the first time.

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SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

SK Hynix shares jumped to an over 2-decade high as the chip maker continues to benefit from AI data center demand.

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OpenAI wins $200 million U.S. defense contract

Months after announcing a partnership with defense-tech startup Anduril, OpenAI has secured a $200 million contract with the Department of Defense.

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Google issues apology, incident report for hours-long cloud outage

The company said the major outage was caused by multiple layers of flawed recent updates.

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AMD shares rise 10% after analysts say they expect a ‘snapback’ for chipmaker

Shares of AMD rose nearly 10% on Monday after analysts at Piper Sandler raised their price target.

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Amazon Kuiper second satellite launch postponed by ULA due to rocket booster issue

Amazon is gearing up to begin delivering broadband internet to users later this year via a constellation of internet satellites.

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Justin Sun’s Tron to go public through reverse merger in deal led by Trump-linked bank

Justin Sun is taking his crypto business Tron public through a reverse merger with a toy manufacturer.

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Meta is finally bringing ads to WhatsApp

Meta’s plans to make WhatsApp a big business involve online ads, marking a major change for the communications app whose previous owners shunned advertising.

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Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

Taiwan has added China’s Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade policy and comes amid tensions with Beijing.

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AI is disrupting the advertising business in a big way — industry leaders explain how

AI disruption is “unnerving investors in every industry, and it’s totally disrupting our business,” WPP’s outgoing boss Mark Read told CNBC.

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