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Tag Archives: CNBC
Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
The stock sunk in extended trading as the company’s outlook for the current quarter came in light.
GPT-5’s rollout fell flat for consumers, but the AI model is gaining where it matters most
Since its debut, GPT-5 has more than doubled coding and agent-building activity and driven an eight-fold jump in reasoning workloads.
Intel stock climbs 7% on report Trump administration is considering stake
The government’s stake would help fund factories it’s currently building in Ohio, according to the report.
Palantir’s astronomical growth in 3 charts
The artificial intelligence-powered software company’s cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp.
Apple Watch getting redesigned blood oxygen feature following legal dispute
In 2023, the International Trade Commission found that Apple’s blood oxygen sensors infringed on intellectual property from Masimo.
Bitcoin touches record, ether almost makes new high before rolling over
Bitcoin rose as high as $124,496 on Wednesday, while ether is inching closer to its 2021 record of $4,866.01.
AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts
Foxconn reported a second-quarter operating profit beat on strength of its growing artificial intelligence server business.
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Perplexity AI’s offer of $34.5 billion for Google’s Chrome browser is a lot lower than where some analysts value the business.
Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco’s results for the fiscal fourth quarter came in mostly as analysts had expected.
CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration
CoreWeave’s stock dropped about 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss.