Tag Archives: CNBC

IBM rallies nearly 13%, heads for best day since 2000 on strong earnings

CEO Arvind Krishna said that the company posted $5 billion in bookings for its generative AI segment.

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Microsoft stock slumps 5% on disappointing revenue outlook

Microsoft shares dropped 5% despite topping fiscal second-quarter estimates due to weak guidance.

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OpenAI partners with U.S. National Laboratories on scientific research, nuclear weapons security

OpenAI on Thursday said it’s signed a partnership allowing the U.S. National Laboratories to use its latest line of AI models.

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Extreme demand took down LA’s water system during the Palisades Fire. Here’s how other U.S. cities can prepare

Some 20% of hydrants failed during the fight to save the Pacific Palisades from LA’s massive fire on Jan. 7. Here’s how other U.S. cities can better prepare.

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DeepSeek’s AI claims have shaken the world — but not everyone’s convinced

DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.

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Tesla reports $600 million bitcoin profit jump after digital assets rule change

A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.

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Zuckerberg says Meta won’t slow down AI spend despite DeepSeek’s breakthrough

Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.

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Tesla’s CFO says tariffs would ‘have an impact’ on company’s profitability

Tesla’s finance chief said on Wednesday that the company’s profitability could take a hit if the new presidential administration implements tariffs. 

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Mark Zuckerberg starts Meta earnings call by praising Trump administration

Meta CEO Mark Zuckerberg praised the Trump administration during a call with investors on Wednesday.

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Meta’s Reality Labs posts $5 billion loss in fourth quarter

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.

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