Tag Archives: CNBC

Ether falls 7% following a multimillion dollar hack of a decentralized finance protocol

The Ethereum-linked token briefly fell below its critical $3,600 level as investors wrung their hands over several bearish events. 

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Nvidia adds nearly $100B in market cap in a matter of days. Here is what’s going right

Nvidia is once again on the move.

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Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips

The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.

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Tesla faces widening federal probe into door handle safety issues

Elon Musk’s automaker faces a widening probe concerning alleged safety defects with the company’s flush-mounted, electronic door handles.

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Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days

“Amazon just completely refuted” concerns about slowing growth in its cloud unit, Jim Cramer says.

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OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time

OpenAI will immediately begin tapping Nvidia’s AI processors using infrastructure from Amazon Web Services.

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MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai

Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company’s board.

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Nvidia shares up 2% in premarket as U.S. approves sales of its chips to the UAE

Microsoft’s licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.

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November trading, Berkshire’s cash hoard, Big Tech’s ad revenue and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Standard Chartered CEO believes nearly all global transactions will move to the blockchain ‘eventually’

Standard Chartered CEO Bill Winters foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger.

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