Tag Archives: CNBC

Watch: U.S. Attorney General Merrick Garland speaks on DOJ’s antitrust suit against Apple

Attorney General Merrick Garland will brief reporters on Thursday about the decision to file an antitrust lawsuit against Apple.

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DOJ sues Apple over iPhone monopoly in landmark antitrust case

Apple and its iPhone and App Store business have been eyed by the Department of Justice, which previously filed antitrust suits against Google.

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EV charging for the U.S. freight trucking market is starting to scale

A big EV charging station for freight trucks is opening near Ports of Los Angeles and Long Beach, built by Einride and Voltera for clients including Maersk.

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Elon Musk companies are gobbling up Nvidia hardware even as Tesla aims to build rival supercomputer

While Elon Musk says Tesla is trying to build an AI supercomputer, his companies are spending billions of dollars on Nvidia hardware.

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In swing state Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics

A big federal grant to Intel aims to boost the U.S. semiconductor industry, but Phoenix-area residents are more excited about the local economic impact.

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Neuralink shares video of patient playing chess using signals from brain implant

Noland Arbaugh, 29, is the first human patient to ever get implanted with Neuralink’s device.

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Reddit prices IPO at $34 per share in first major social media offering since 2019

Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion.

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Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

Amazon is poised to benefit from the Astera Labs IPO after signing agreements that allow it to buy about 2.3 million shares.

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Shares of Micron pop 14% on earnings beat driven by AI boom

Shares of Micron popped in extended trading Wednesday after the company announced earnings that beat analysts’ expectations

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Data center provider Equinix ‘selling an AI pipe dream,’ Hindenburg Research says in short report

Hindenburg Research targeted data-center REIT Equinix in its latest short report, accusing the company of accounting tricks to unlock executive stock grants.

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