Articles from www.cnbc.com

Articles from www.cnbc.com

Experts say President-elect Donald Trump will likely uphold the CHIPS Act, despite his campaign rhetoric, with some modifications to its implementation (www.cnbc.com)
2024-11-7 Trump

Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours (www.cnbc.com)
2024-11-7 4Q

Jeff Bezos, Sam Altman, Sundar Pichai, Mark Zuckerberg, Satya Nadella, Michael Dell, and other tech leaders congratulate Trump on his election victory (www.cnbc.com)
2024-11-7 Trump Zuckerberg Jeff Bezos

Wise reports H1 2025 revenue up 19% YoY to £591.9M, profit up 55% YoY to £217.3M, and active consumer and business clients up 25% YoY to 11.4M (www.cnbc.com)
2024-11-6

GOP's Bernie Moreno, a blockchain entrepreneur, defeats Senate Banking Chair Sherrod Brown in Ohio Senate race, where crypto PACs directed $40M to defeat Brown (www.cnbc.com)
2024-11-6 Blockchain Republican Senate Entrepreneur

Dogecoin and other memecoins rise as Trump gets closer to victory; memecoins and AI-related tokens outperformed the crypto market in the lead-up to Election Day (www.cnbc.com)
2024-11-6 Trump AI

Filing: Trump Media lost $19.2M in Q3, while revenue fell 5.6% YoY to just $1.01M; DJT jumped 18.6% before closing down 1.16% on November 5 (www.cnbc.com)
2024-11-6 Trump

Super Micro's stock drops ~16% in extended trading after it issued preliminary Q1 results and Q2 guidance below est., as the company faces accusations of fraud (www.cnbc.com)
2024-11-6

Amazon receives FAA approval to fly its newer, smaller delivery drones, including beyond pilots' line of sight, and aims to ramp up deliveries near Phoenix (www.cnbc.com)
2024-11-6 Amazon Drone

Nintendo reports Q2 revenue down 17% YoY to $1.8B, net profit down 69% YoY to ~$182.5M, and lowers its fiscal Switch sales forecast to 12.5M vs. 13.5M previous (www.cnbc.com)
2024-11-5 Nintendo

Meta is extending its ban on new political ads past Election Day in the US, “until later this week” (www.cnbc.com)
2024-11-5 Ban

Google Cloud Q3 revenue grew 35% YoY to $11.35B with a 17% operating margin, outpacing AWS' 19% YoY revenue growth to $27.45B with a 38% operating margin (www.cnbc.com)
2024-11-3 Google

Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023 (www.cnbc.com)
2024-11-1 Amazon

Apple Q4 revenue: iPhone up 6% YoY to $46.22B, Mac up 2% YoY to $7.74B, iPad up 8% YoY to $6.95B, and Wearables, Home, and Accessories down 3% YoY to $9.04B (www.cnbc.com)
2024-11-1 iPhone Apple 4Q iPad

Amazon reports Q3 AWS revenue up 19% YoY to $27.5B and AWS operating income of $10.4B, up from $7B in Q3 2023, and subscription sales up 11% to $11.3B (www.cnbc.com)
2024-11-1 Amazon

During a Reddit AMA, Sam Altman says GPT-5 likely won't come this year as OpenAI faces “limitations and hard decisions” in allocating compute resources (www.cnbc.com)
2024-11-1 Reddit

Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 10%+ after hours (www.cnbc.com)
2024-11-1 Intel 4Q

Mark Zuckerberg says Meta is “executing quite well” in building out AI infrastructure, as Meta raises the low end of its 2024 capex guidance to $38B from $37B (www.cnbc.com)
2024-10-31 AI Zuckerberg

Coinbase reports Q3 revenue up 79% YoY to $1.21B, vs. $1.26B est., a $75M net income, vs. a $2.3M loss in Q3 2023, and announces a $1B stock buyback (www.cnbc.com)
2024-10-31 Coinbase

Meta's Reality Labs posts Q3 revenue up 29% YoY to $270M, vs. $310.4M est., and a $4.4B operating loss, vs. $4.68B est.; Reality Labs has lost ~$58B since 2020 (www.cnbc.com)
2024-10-31

Microsoft reports Q1 Intelligent Cloud revenue up 20% YoY to $24.09B, vs. $24.04B est., including Azure and other cloud services up 33% YoY (www.cnbc.com)
2024-10-31 Microsoft

Super Micro's stock drops 25%+ after disclosing that auditor Ernst & Young had resigned following months of disagreement over governance and board independence (www.cnbc.com)
2024-10-31

European Data Center Association Chair says lowering water temperatures to cool AI data centers is “incompatible” with the EU's new Energy Efficiency Directive (www.cnbc.com)
2024-10-30 Europe Energy AI

Reddit Q3: revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est, ARPU of $3.58, vs. $3.24 est.; RDDT jumps 20%+ after hours (www.cnbc.com)
2024-10-30 Reddit

Snap reports Q3 revenue up 15% YoY to $1.37B vs. $1.36B est., DAUs up 9% YoY to 443M, issues light Q4 guidance, and announces $500M stock repurchase program (www.cnbc.com)
2024-10-30 4Q

Google Cloud Q3 revenue grew 35% YoY to $11.4B, vs. $10.88B est., led by growth across AI Infrastructure, Generative AI Solutions, and core GCP products (www.cnbc.com)
2024-10-30 Google AI

Microsoft says Google runs “shadow campaigns” to discredit it with regulators in Europe, including organizing an “astroturf group” with European cloud providers (www.cnbc.com)
2024-10-29 Europe Google Microsoft

Robinhood says US users that meet a certain criteria can trade a Kamala Harris or Donald Trump contract via its Robinhood Derivatives unit and ForecastEx (www.cnbc.com)
2024-10-29 Trump

Filing: Satya Nadella earned $79.1M during the FY ending June 30, up from $48.5M a year ago; compensation was reduced by $5M+ due to Microsoft's security issues (www.cnbc.com)
2024-10-26 Microsoft

LinkedIn says it has verified 55M+ users for free, the most verified individual human identities of any social network, to combat AI-fueled misinformation (www.cnbc.com)
2024-10-26 LinkedIn AI

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