Tag Archives: CNBC

Saudi Arabia poised to become AI data center hub, says Groq CEO

Jonathan Ross, the CEO of AI chip company Groq, told CNBC that the Middle East is “the ideal place” for data centers.

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Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name

The S&P 500 on Friday peaked above 6,800 for the first time ever before closing just below that level.

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AI spending is boosting the economy, but many businesses are in survival mode

As AI lifts the economy and stock market, businesses in retail, travel and construction are struggling with high costs and a downbeat consumer.

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More demand than supply gives companies an edge, Jim Cramer says

CNBC’s Jim Cramer explained why low supply and high demand is favorable for companies.

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3 takeaways from Intel earnings: Cash flow, foundry progress and hardware surprise

CEO Lip-Bu Tan said that artificial intelligence “is a strong foundation for sustainable long-term growth.

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What Cramer expects from 10 stocks reporting earnings next week; calls two buys

Most of the “Magnificent Seven” tech firms are among them.

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OpenAI’s new Sora 2 video generation app went viral. Is it a real threat to Meta?

Sora 2 is the latest competitive threat to Meta’s social media supremacy.

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AMD’s stock pops 6% on report IBM can use its chips for quantum computing

IBM announced a quantum computing partnership with AMD in August and plans to launch a supercomputer by 2029.

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Jim Cramer’s top 10 things to watch in the stock market Friday

The long-awaited September inflation report came in cooler than expected, and Intel’s comeback took a step forward.

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Trump calls off Canada trade talks, inflation data returns, Target layoffs and more in Morning Squawk

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

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