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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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