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Tag Archives: CNBC
China’s Hong Kong-listed tech stocks enter bear market as tax and AI fears take hold
Chinese technology stocks have slid into bear market territory, marking a sharp reversal from last year’s rally.
Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook
Sony posted a stronger-than-expected rebound in operating profit for the December quarter and lifted its full-year forecast.
Shares of Arm plunge 8% after licensing revenue misses estimates, Qualcomm outlook adds pressure
Shares of UK-based semiconductor designer Arm Holdings fell in aftermarket trading, despite the company posting record revenues amid AI demand.
CNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in markets
Alphabet expects capital expenditure for 2026 to come in between $175 billion and $185 billion — at the higher end, capex will more than double from last year.
Alphabet resets the bar for AI infrastructure spending
The search giant’s proposed capex spend for 2026 exceeds that of its hyperscalers peers.
Software experiencing ‘most exciting moment’ as AI fears hammer the stocks
Shares of software companies have been getting beaten up, and the selloff accelerated this week after Anthropic’s latest unveiling.
Ciena returns to S&P 500 after getting booted 17 years ago
Ciena is predicting the fastest growth since 2011 in the current fiscal year, thanks to its position in artificial intelligence.
Jim Cramer says the tech sell-off proves why this old investing rule still matters
Tech is not the only investable part of the market, CNBC’s Jim Cramer stressed Wednesday.
Broadcom, Nvidia shares rise on surging Google capital expenditures for AI
Much of Google’s AI software doesn’t run on industry-standard Nvidia chips, but instead on its own tensor processing units. Broadcom helps Google make its TPUs.
Snap shares rise on fourth-quarter earnings that beat on sales
Snap released on Wednesday its fourth-quarter earnings that beat on sales but missed on revenue guidance.