Tag Archives: CNBC

Oracle pops 22% on cloud growth projections even as earnings miss estimates

Oracle said total remaining performance obligations jumped 359% from a year earlier, indicating big growth prospects.

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Google Cloud chief details how search giants is making billions monetizing its AI products

“We’ve made billions using AI already,” Google Cloud chief Thomas Kurian said on Tuesday.

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Apple raises iPhone Pro starting price in U.S. for first time since 2017

Apple’s iPhone 17 Pro now starts at $1,099. That’s $100 more than last year’s iPhone 16 Pro.

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Nasdaq to invest $50 million in Winklevoss-founded crypto exchange Gemini

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as a strategic investor ahead of its initial public offering this week.

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Microsoft says employees will be expected in office three days a week

Microsoft previously had a remote work policy that allowed most employees to work from home more frequently without manager approval.

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Abu Dhabi launches low-cost AI reasoning model in challenge to OpenAI, DeepSeek

The UAE has sought to position itself as a global leader in AI in a bid to diversify its economy beyond crude oil dependency.

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China’s Unitree plans $7 billion IPO valuation, Reuters reports, as humanoid robot race heats up

Unitree’s listing plans could make it one of the earliest companies specializing in humanoid robots to go public.

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Chinese auto giant GAC targets 17-fold boost to European sales by 2027

GAC showed off its Aion V and Aion UT fully electric cars at the IAA Mobility show in Munich, Germany.

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Nebius shares soar 51% in premarket on Microsoft AI deal

The pact between Nebius and Microsoft suggests demand for the powerful infrastructure needed to train and run AI models remains strong.

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AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

ASML pumped 1.3 billion euros in Mistral AI’s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company.

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