Tag Archives: CNBC

Tesla car sales in China fall 11.5% as competition intensifies

Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.

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DeepSeek has rattled large AI players — but smaller chip firms see it as a force multiplier

While the sector leaders grapple with the DeepSeek fallout, smaller AI companies see an opportunity to scale with the Chinese startup.

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Alphabet’s Verily to sell Granular insurance business to Elevance Health

Alphabet’s Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health.

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Amazon hit by strengthening dollar, underscoring risks in tech to overseas reliance

In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is particularly exposed to currency swings.

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Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.

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‘Dangerous proposition’: Top scientists warn of out-of-control AI

Yoshua Bengio and Max Tegmark, two of the world’s most prominent AI scientists, warned of the dangers of uncontrollable artificial intelligence.

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Doximity shares soar 21% after company beats on revenue, raises fiscal-year guidance

Doximity reported third-quarter fiscal 2025 results that beat analysts’ expectations for revenue and guidance.

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Affirm shares pop more than 10% on revenue beat

Affirm beats on earnings and revenue in fiscal second quarter.

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Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates

All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this category than expected.

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Pinterest shares surge as much as 20% after company beats on fourth-quarter revenue, shows strong user growth

Pinterest reported fourth-quarter sales of $1.15 billion, ahead of the $1.14 billion that Wall Street was expecting.

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