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Tag Archives: CNBC
TikTok signs agreement to create new U.S. joint venture, memo says
TikTok’s U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
House passes bill to ease permits for building out AI infrastructure
The SPEED Act now heads to the Senate, which is in the early stages of its own permitting reform talks.
Instacart to pay $60 million to settle FTC claims it deceived customers
The federal agency alleged that Instacart used a number of deceptive tactics in its subscription signup and “satisfaction guarantee” advertising.
Jim Cramer urges discipline on GE Vernova as Wall Street analysts get more bullish
Volatile trading in GE Vernova stock recently epitomizes the fickle nature of the AI trade.
Google and Nvidia VC arms back vibe coding startup Lovable at $6.6 billion valuation
The announcement confirms details reported by CNBC on Tuesday.
Micron stock pops 15% as AI memory demand soars: ‘We are more than sold out’
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Visa says new AI shopping tool has helped customers with hundreds of transactions
Visa said it successfully completed hundreds of AI transactions as part of a pilot program it kicked off after a product event in April.
CNBC Daily Open: Oracle’s debt seems to be affecting data center funding
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks “the AI trade may still have room to run into 2026.”
SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
The tech-heavy Nasdaq Composite slipped 1.81%, dragged by losses in Oracle, Broadcom, Nvidia and other AI names.