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Tag Archives: CNBC
Affirm CEO says furloughed federal employees are starting to lose interest in shopping
Affirm CEO Max Levchin said as the government shutdown drags on, there are signs of shifting shopping habits from federal workers.
Block sinks 10% after weak third quarter results miss Wall Street estimates
Block’s third-quarter revenue missed Wall Street estimates and showed slowing profit growth from Square.
Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport
Archer Aviation’s stock tumbled after a share sale overshadowed a narrower-than-expected third-quarter loss.
Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn
President Trump’s government agency gutting and budget cuts leave the U.S. economy at greater risk of cyberattacks than a year ago, according to experts.
Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Google’s cloud business is a primary engine of growth, and the company’s custom-built chips called Tensor Processing Units are helping drive it.
AI valuation fears grip global investors as tech bubble concerns grow
The recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors’ minds.
CEO of Southeast Asia’s largest bank warns investors: ‘Buckle up, we’re in for a volatile ride’
DBS CEO Tan Su Shan cautioned investors about persistent market swings amid stretched U.S. valuations and concentrated AI stock exposure.
Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs
Tesla CEO Elon Musk he needs a “gigantic” semiconductor fabrication plant to meet the company’s chip needs as it expands its AI and robotics ventures.
CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
For most tech workers and investors, Thursday was another reminder of volatility’s sting. For Elon Musk, it was another day on the road to the stratosphere.