Tag Archives: CNBC

Broadcom CEO says generative AI will become a much larger part of global GDP

Broadcom CEO Hock Tan discusses how AI contributes to the global GDP.

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Musk calls for federal troops in San Francisco even as Benioff softens stance

With Dreamforce about to kick off in San Francisco, Salesforce CEO Marc Benioff inserted himself into a national debate about crime in U.S. cities.

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How Broadcom’s big OpenAI deal fits into the data center boom and what it means for the AI trade

Kicking off the week with a bang, OpenAI announced another massive data center buildout partnership.

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Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year

In July, OpenAI signed a five-year cloud deal with Oracle, which is confident that the startup will be able to pay its bills.

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Quantum stocks surge after JPMorgan investing push into strategic tech

JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum computing.

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Meta shares have been stuck. Here’s why one analyst just got more optimistic

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

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Wall Street divided: Jim Cramer sees 3 distinct stock markets at work right now

Monday’s rebound on Wall Street is a “do-over” from Friday’s sell-off, CNBC’s Jim Cramer said.

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Chip stocks bounce on Broadcom, OpenAI deal and easing China tensions

President Donald Trump said in a post to Truth Social over the weekend to not worry about China and it “will all be fine,” quelling some market fears.

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Broadcom’s chip president says mystery $10 billion customer isn’t OpenAI

Analysts predicted that AI startup OpenAI was the unnamed customer.

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Broadcom stock pops 9% on OpenAI custom chip deal, adding to Nvidia and AMD agreements

OpenAI is teaming up with Broadcom to jointly develop and deploy 10 gigawatts of custom AI accelerators starting in 2026.

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