Articles from www.cnbc.com

Articles from www.cnbc.com

Seagate shares drop 9%+, leading a group-wide sell-off after comments from its CEO raised concerns it won't be able to meet demand fueled by the AI buildout (www.cnbc.com)
28 days ago AI

Musk v. Altman jury unanimously rejects Elon Musk's claims against Sam Altman (www.cnbc.com)
28 days ago Elon Musk

Filings: in Q1, Trump traded $220M-$750M in NVDA, MSFT, AMZN, META, ORCL, and others; millions of dollars of NVDA were bought shortly before major news (www.cnbc.com)
30 days ago Trump

Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., announces a $100M capital injection from Winklevoss Capital Fund; GEMI jumps 22%+ after hours (www.cnbc.com)
2026-5-15

Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company (www.cnbc.com)
2026-5-15

Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 (www.cnbc.com)
2026-5-15 IPO Uber

Source: Cerebras priced its IPO at $185 per share, above the expected range of $150 to $160, raising at least $5.55B and valuing it at $56.4B fully diluted (www.cnbc.com)
2026-5-14 IPO

Cisco reports Q3 revenue up 12% YoY to $15.84B, vs. $15.56B est., forecasts Q4 revenue above est., and is cutting almost 4,000 jobs; CSCO jumps 17%+ after hours (www.cnbc.com)
2026-5-14 4Q Cisco

Nvidia says that Jensen Huang is joining President Trump on his China trip; source: the president asked Huang to join after seeing media coverage of his absence (www.cnbc.com)
2026-5-13 Trump China Nvidia

Waymo recalls ~3,800 robotaxis in the US to fix software issues that may cause them to drive onto flooded roads, after some were seen stalled on flooded streets (www.cnbc.com)
2026-5-13

Qualcomm closed down 11.46% on Tuesday as chip stocks pull back from record AI-driven rally; Intel closed down 6.82%, Sandisk dropped 6%, and Micron 3.61% (www.cnbc.com)
2026-5-13 Intel AI

CME Group and Silicon Data announce a futures market for computing capacity, with contracts based on daily GPU benchmarks for on-demand rental rates (www.cnbc.com)
2026-5-13

EU Commission President Ursula von der Leyen says the EU will take action against “addictive design” on TikTok and Instagram, including “endless scrolling” (www.cnbc.com)
2026-5-12 Instagram

Musk v. Altman: Satya Nadella says Elon Musk never contacted him with concerns that Microsoft's investments in OpenAI violated any special terms or commitments (www.cnbc.com)
2026-5-12 Microsoft Elon Musk

Google's TIG says it has likely thwarted efforts to use AI for a “mass exploitation event” and warns that tools like OpenClaw are being used to find exploits (www.cnbc.com)
2026-5-12 Google AI

Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others (www.cnbc.com)
2026-5-11

A look at “YouTube whisperers” like Paddy Galloway and Mario Joos, a booming class of advisers that help popular YouTube creators grow their audiences (www.cnbc.com)
2026-5-11 YouTube

Nvidia embraces its role as an AI investor in 2026, committing $40B+ to equity investments including a $30B stake in OpenAI, $3.2B in Corning, and $2.1B in IREN (www.cnbc.com)
2026-5-11 AI Nvidia Equity

Whoop plans to offer on-demand video consultations with licensed clinicians for US users, and adds electronic health records and AI-powered health guidance (www.cnbc.com)
2026-5-9 AI

Nintendo reports Q4 revenue of ~$2.60B, below ~$2.75B est., net profit of ~$416M, above ~$403.68M est., and forecasts a decline in FY 2027 Switch 2 unit sales (www.cnbc.com)
2026-5-8 Nintendo 4Q

Sony reports Q4 revenue of $19.4B, above ~$18.4B est., operating profit of ~$1.06B, below ~$1.7B est., and forecasts FY 2027 net profit to rise 13% to ~$7.4B (www.cnbc.com)
2026-5-8 4Q Sony

French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe (www.cnbc.com)
2026-5-8 France Elon Musk

CoreWeave reports Q1 revenue up 112% YoY to $2.08B, vs. $1.97B est., a $99.4B revenue backlog, forecasts Q2 revenue below estimates; CRWV drops 8%+ after hours (www.cnbc.com)
2026-5-8

Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours (www.cnbc.com)
2026-5-8 AI Nvidia

Coinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours (www.cnbc.com)
2026-5-8 Coinbase

Airbnb reports Q1 revenue up 18% YoY to $2.68B, vs. $2.62B est., Nights and Seats Booked up 9% to 156.2M, vs. 155.77M est., lifts 2026 revenue growth guidance (www.cnbc.com)
2026-5-8 Airbnb

Snap reports Q1 revenue up 12% YoY to $1.53B, in line with est., and says it ended its $400M Perplexity deal announced in November; SNAP drops 4%+ after hours (www.cnbc.com)
2026-5-7

Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025, amid the AI boom; Q2 revenue rose 17% YoY, while R&D jumped 34% YoY (www.cnbc.com)
2026-5-6 AI Apple

Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech, boosting Corning's US capacity 10x (www.cnbc.com)
2026-5-6 Manufacturing Nvidia Texas

Micron closes up 11% after announcing its highest-capacity SSD has started to ship, lifting its market cap past $700B for the first time; Sandisk closes up 12% (www.cnbc.com)
2026-5-6

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