Articles from www.cnbc.com

Articles from www.cnbc.com

Eric Gillespie, the founder of Govini whose AI software is used by the US military, was arrested last week for allegedly soliciting pre-teens for sexual contact (www.cnbc.com)
2025-11-18 AI

Pro-AI super PAC Leading the Future targets NY State Assemblymember Alex Bores, co-sponsor of the RAISE Act, a bill imposing safety and disclosure requirements (www.cnbc.com)
2025-11-18 AI

Filing: Berkshire Hathaway discloses a $4.3B stake in Alphabet in Q3, a surprising move given Warren Buffett's reluctance toward high-growth, tech-driven stocks (www.cnbc.com)
2025-11-15 Warren Buffett Berkshire Alphabet

JPMorgan Chase secures deals with fintech middlemen, like Plaid, covering 95%+ of third-party data pulls, and will receive payment for access to customer data (www.cnbc.com)
2025-11-15 Fintech JPMorgan

StubHub reports Q3 revenue up 8% YoY to $468.1M, vs. $452M est., gross merchandise sales up 11% to $2.43B; STUB drops 5%+ after hours (www.cnbc.com)
2025-11-14

Cursor says it has crossed $1B in annualized revenue, has 300+ employees, and its in-house models “generate more code than almost any other LLMs in the world” (www.cnbc.com)
2025-11-14

Sources: xAI has raised $15B, adding $5B to the $10B reported in September, which valued the startup at $200B (www.cnbc.com)
2025-11-14 Startup

Boston-based Code Metal, which uses AI to help engineers translate code into other languages, raised a $36.5M Series A led by Accel at a $250M valuation (www.cnbc.com)
2025-11-13 AI

Cisco reports Q1 revenue up 8% YoY to $14.88B, vs. $14.77B est., net income up 5% to $2.86B, and forecasts Q2 revenue above est.; CSCO jumps 5%+ after hours (www.cnbc.com)
2025-11-13 Cisco

Anthropic plans to spend $50B on a US infrastructure buildout, starting with data centers in Texas and New York in partnership with Fluidstack, opening in 2026 (www.cnbc.com)
2025-11-13 New York Texas

Coinbase plans to move its incorporation from Delaware to Texas, saying Delaware “once provided companies with consistency” but now has “unpredictable outcomes” (www.cnbc.com)
2025-11-13 Texas Coinbase

Foxconn reports Q3 revenue of $66.3B, in line with estimates, net profit up 17% YoY to $1.86B, vs. $1.63B exp., says it expects significant YoY growth in Q4 (www.cnbc.com)
2025-11-12 4Q

CoreWeave closed down 16% after its CEO admitted delays at a data center developer that Jim Cramer implied may be Core Scientific; CORZ closed down 10% (www.cnbc.com)
2025-11-12

Oura CEO Tom Hale says the Finnish company expects “maybe close” to $2B in sales in 2026, up from $1B in 2025, and there is “no news on an IPO” (www.cnbc.com)
2025-11-11 IPO Finland

CoreWeave reports Q3 revenue up 134% YoY to $1.36B, vs. $1.29B est., and a net loss of $110M, down from $360M a year ago; CRWV is up 164% since its March IPO (www.cnbc.com)
2025-11-11 IPO

Majestic Labs, which makes patent-pending server architecture that promises more memory capacity, raised $100M, including a $71M Series A led by Bow Wave (www.cnbc.com)
2025-11-11

Investment in subsea cable projects is expected to reach $13B between 2025 and 2027, almost 2x the amount invested between 2022 and 2024, driven by AI buildout (www.cnbc.com)
2025-11-9 AI

1Password CEO David Faugno says the company has crossed $400M in ARR, up from $250M in 2023, as it benefits from a shift in the threat landscape due to AI (www.cnbc.com)
2025-11-8 AI

Chinese startup Moonshot releases Kimi K2 Thinking, an open-source model it claims beats GPT-5 in agentic capabilities; source: the model cost $4.6M to train (www.cnbc.com)
2025-11-7 China Startup

Airbnb reports Q3 revenue up 10% YoY to $4.1B, vs. $4.08B est., Nights and Seats booked up 9% to 133.6M, vs. 131.75M est., forecasts Q4 revenue above estimates (www.cnbc.com)
2025-11-7 Airbnb 4Q

DoorDash's stock fell 17%+ on Thursday, marking its worst trading day ever, amid concerns over its 2026 spending plans for new products like autonomous delivery (www.cnbc.com)
2025-11-7

David Sacks says there will be “no federal bailout for AI”, as the US has at least five major AI companies and “if one fails, others will take its place” (www.cnbc.com)
2025-11-7 AI

Datadog's stock jumps 20%+ after reporting Q3 revenue up 28% YoY to $885.7M, above $852.8M est., and forecasting Q4 revenue at $912M-$916M, above $877M est. (www.cnbc.com)
2025-11-7 4Q

OpenAI CFO Sarah Friar clarifies the startup is not seeking a government “backstop” for its infrastructure deals, saying her use of the word “muddied the point” (www.cnbc.com)
2025-11-7 Startup

Duolingo stock falls 25%+ after saying it expects bookings to range between $329.5M and $335.5M this quarter, falling short of a $344.3M estimate (www.cnbc.com)
2025-11-7

Google says Ironwood, its seventh-gen TPU, will launch in the coming weeks and is more than 4x faster than its sixth-gen TPU; it comes in a 9,216-chip config (www.cnbc.com)
2025-11-7 Google

Sens. Mark Warner and Josh Hawley introduce a bipartisan bill that would require companies and US agencies to submit quarterly reports on AI-related job impacts (www.cnbc.com)
2025-11-6 AI

Figma reports Q3 revenue up 38% YoY to $274.2M, vs. $265.2M est., adjusted operating margin of 12%, vs. 6.5% est., and forecasts Q4 revenue above estimates (www.cnbc.com)
2025-11-6 4Q

Robinhood reports Q3 revenue up 100% YoY to $1.27B, vs. $1.19B est., transaction-based revenue up 129% to $730M, vs. $739M est., and net income up 271% to $556M (www.cnbc.com)
2025-11-6

DoorDash reports Q3 revenue up 27% YoY to $3.45B, vs. $3.36B est., and total orders up 21% to 776M, vs. 770.13M est.; DASH drops 18%+ after hours (www.cnbc.com)
2025-11-6

Previous Page Next Page