Articles from www.cnbc.com

Articles from www.cnbc.com

Meta and Booz Allen partner to deploy Space Llama, a fine-tuned version of Llama 3.2, for research aboard the International Space Station National Laboratory (www.cnbc.com)
2025-4-26

Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October (www.cnbc.com)
2025-4-25 Google AI Alphabet

Motorola's new Razr phones will include Perplexity's AI search engine, as part of a distribution partnership that lets Perplexity gain users rather than revenue (www.cnbc.com)
2025-4-25 AI

ServiceNow reports Q1 revenue up 19% YoY to $3.09B and gives an upbeat forecast; its CEO says it had “very positive” discussions with DOGE; NOW jumps 14%+ (www.cnbc.com)
2025-4-25

Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M (www.cnbc.com)
2025-4-24

SK Hynix reports Q1 revenue up 42% YoY to ~$12.4B, vs. ~$12.1B est, and operating profit up 158% YoY to ~$5.2B, vs. ~$4.6B est., on demand for its HBM chips (www.cnbc.com)
2025-4-24

IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., software revenue up 7% to $6.34B, and maintains its full-year forecast (www.cnbc.com)
2025-4-24 IBM

Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week (www.cnbc.com)
2025-4-24 Google

The US FTC sues Uber, claiming the company charged for Uber One without consent, made it difficult to cancel, and failed to deliver promised savings (www.cnbc.com)
2025-4-22 Uber

Global Payments shares plunge 15%+ and FIS shares jump 9%+ after Global Payments said it's buying Worldpay from FIS and GTCR and selling Issuer Solutions to FIS (www.cnbc.com)
2025-4-18

Tech stocks plunge amid uncertainty over US tariff plans and China export controls: AMD, Nvidia, and ASML dropped 7%, Applied Materials and Lam Research fell 5% (www.cnbc.com)
2025-4-17 China Nvidia AMD

OpenAI says o3 and o4-mini are its first reasoning models that can use all ChatGPT tools, including web browsing, Python, and image generation (www.cnbc.com)
2025-4-17

ASML reports Q1 net sales up 46% YoY to €7.74B, vs. €7.8B est., a €2.36B net profit, €3.94B net bookings, below €4.89B est., and warns of tariff uncertainty (www.cnbc.com)
2025-4-16

Filing: Nvidia says it will record a $5.5B charge after the US said it would require a license to export the H20 chips to China; NVDA drops 6%+ after hours (www.cnbc.com)
2025-4-16 China Nvidia

Online trading platform Webull closed up 374.72% on its second day of trading following its SPAC merger, giving it a market cap of almost $30B (www.cnbc.com)
2025-4-15

Sony hikes PlayStation 5 prices in Europe, the UK, Australia, and New Zealand, citing a “challenging economic environment”; the PS5 Pro remains the same price (www.cnbc.com)
2025-4-14 Europe Australia New Zealand Sony

A look at Bitcoin Commons, a coworking hub in Austin where ex-staffers of companies like Apple are building crypto startups, as Trump rolls back regulations (www.cnbc.com)
2025-4-13 Trump Bitcoin Startup Apple

Filing: Founders Fund has closed a $4.6B late-stage venture fund; source: a substantial amount of the capital was provided by the firm's general partners (www.cnbc.com)
2025-4-12

The Nasdaq falls 4%, with Meta closing down 7%, Nvidia down 6%, Amazon down 5%, and Apple down 4% as the White House say Trump's tariffs on China now total 145% (www.cnbc.com)
2025-4-11 Trump China Amazon Apple Nvidia

The Nasdaq falls 6%+, with Apple down 7%+, Nvidia down 8%+, and Meta down 7%+, as the White House confirms that Trump's tariffs on China now total 145% (www.cnbc.com)
2025-4-11 Trump China Apple Nvidia

A look at Isomorphic Labs, a life sciences startup spun out of Google DeepMind aiming to “solve all disease” through AI-powered drug discovery (www.cnbc.com)
2025-4-10 Google Startup AI

BTC jumped 7%+ to ~$83K, while ETH, DOGE, XRP, and SOL gained over 12% as Trump paused some tariffs; Strategy closed up 25%, Robinhood up 24%, Coinbase up 17% (www.cnbc.com)
2025-4-10 Trump XRP Coinbase ETH

Nasdaq jumps 12% after Trump announced a 90-day tariff pause, with Nvidia up 19%, Apple up 15%, Meta up 15%, Amazon up 12%, Microsoft up 10%, Alphabet up 10% (www.cnbc.com)
2025-4-10 Trump Amazon Microsoft Apple Nvidia Alphabet

Trump announces a 90-day tariff pause for some countries and a “lowered Reciprocal Tariff during this period, of 10%”, but raises tariffs on China to 125% (www.cnbc.com)
2025-4-10 Trump China

Anthropic debuts Claude's Max plan, with 5x the usage limits of Pro for $100/month or 20x the usage for $200/month, plus early access to new models and features (www.cnbc.com)
2025-4-10

Transcarent, an app-based medical concierge service for businesses, completes its $621M acquisition of digital health company Accolade, taking it private (www.cnbc.com)
2025-4-9

In a memo to staff Shopify's CEO says using AI is now a baseline expectation and that teams asking for more resources must first show why AI can't do the job (www.cnbc.com)
2025-4-8 AI Shopify

US tech stocks fall for a third session as markets open: Apple, Nvidia, and Tesla drop 6%+ each, Meta and Amazon fall 3%+, and Microsoft and Alphabet fall 1%+ (www.cnbc.com)
2025-4-7 Amazon Microsoft Apple Tesla Nvidia Alphabet

Microsoft AI CEO Mustafa Suleyman says an “off-frontier” strategy of building models “three or six months behind” cuts costs and helps focus on some use cases (www.cnbc.com)
2025-4-7 Microsoft AI

Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors (www.cnbc.com)
2025-4-7 Alphabet Paris

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