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Tag Archives: CNBC
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.
Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities
The service is launching in more than 1,000 U.S. cities and towns, with plans to expand to at least 2,300 locations by the end of this year.
Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound
Ether could test its all-time high this week for the first time since the cryptocurrency saw the level in 2021.
How Big Tech is paying its way out of Trump’s tariffs
Analysts say the deals show just how important it is for the world’s largest companies to find some tariff relief.
Chinese tech giant Tencent’s quarterly revenue jumps 15% on AI investments, gaming unit boost
The Chinese tech giant’s newly-released “Delta Force” game and the performance of “Honor of Kings” and “Peacekeeper Elite” helped boost revenue.
Circle shares fall after stablecoin issuer says it will offer 10 million shares
Circle Internet Group shares fell after the company said it would offer 10 million Class A common shares.
CoreWeave shares drop even as revenue tops estimates
CoreWeave expanded its business with OpenAI during the second quarter.
White House says it’s working out legality of Nvidia and AMD China chip deals
“The legality of it, the mechanics of it, is still being ironed out by the Department of Commerce,” White House spokesperson Karoline Leavitt said Tuesday.