Articles from www.cnbc.com

Articles from www.cnbc.com

Memo: Xbox CEO Asha Sharma overhauls the group's leadership, including bringing over executives from Microsoft's CoreAI engineering unit where she worked before (www.cnbc.com)
2026-5-6 Microsoft Xbox

Intel stock jumps 12%+, hitting a new all-time high, on a report that Apple has had early-stage talks with Intel about enlisting Intel's chipmaking services (www.cnbc.com)
2026-5-6 Intel Apple

Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20% (www.cnbc.com)
2026-5-5

Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours (www.cnbc.com)
2026-5-5

Bret Taylor's Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025 (www.cnbc.com)
2026-5-5 AI

The jury-less bench trial phase of Meta's child safety case in NM begins today to determine if Meta's actions were a public nuisance and warrant product changes (www.cnbc.com)
2026-5-5

Filing: Elon Musk texted Greg Brockman about settling days before trial; after being denied, he said Brockman and Altman “will be the most hated men in America” (www.cnbc.com)
2026-5-4 U.S. Elon Musk

China's EV makers are competing on in-car AI features; ByteDance says its Doubao AI is used in 7M+ cars across 145 models, including from Mercedes, Audi, and VW (www.cnbc.com)
2026-5-1 China AI

Intel shares jumped 114% in April, hitting a record on April 24 and lifting its market cap past $470B, closing out the chipmaker's best month on record (www.cnbc.com)
2026-5-1 Intel

The US Senate unanimously passed a rule barring senators from trading on prediction markets like Kalshi and Polymarket, amid rising concern over insider trading (www.cnbc.com)
2026-5-1 Senate

Alphabet's stock climbed 10% on Thursday and 34% in April, its best month since 2004; Meta's stock plunged 8.5% on Thursday, its steepest drop since October (www.cnbc.com)
2026-5-1 Alphabet

Apple Q2: iPhone up 22% YoY to $56.99B, vs. $57.21B est., Mac up 6% to $8.4B, iPad up 8% to $6.91B, and Wearables, Home, and Accessories up 5% to $7.9B (www.cnbc.com)
2026-5-1 iPhone Apple iPad

Reddit reports Q1 revenue up 69% YoY to $663M, vs. $611M est., DAUq up 17% to 126.8M, vs. 125.9M est., and forecasts Q2 revenue above estimates (www.cnbc.com)
2026-5-1 Reddit

Samsung reports Q1 revenue up 69% YoY to ~$90.2B, vs. ~$89.4B est., and operating profit up 756% to ~$38.5B, vs. ~$37.2B est., driven by AI-linked memory demand (www.cnbc.com)
2026-4-30 Samsung AI

Meta says Q1 family daily active people fell 20M QoQ to 3.56B, vs. 3.62B est., due to internet disruptions in Iran and WhatsApp access restrictions in Russia (www.cnbc.com)
2026-4-30 Russia WhatsApp Iran

Microsoft's Q3 Intelligent Cloud revenue was $34.68B vs. $34.27B est., with Azure and other cloud services surging 40% YoY; Microsoft 365 Copilot has 20M+ seats (www.cnbc.com)
2026-4-30 Microsoft

Amazon reports Q1 ad revenue up 24% YoY to $17.24B, vs. $16.87B est., and subscription services revenue up 15% to $13.43B (www.cnbc.com)
2026-4-30 Amazon

Meta reports Reality Labs Q1 revenue of $402M, vs. $488.8M est., and a $4.03B operating loss, vs. $4.82B est.; Reality Labs has $80B+ in losses since late 2020 (www.cnbc.com)
2026-4-30

Alphabet reports Q1 revenue up 22% YoY to $109.9B, vs. $107.2B est., Google Cloud revenue up 63% to $20B, vs. $18.05B est., net income up 81% to $62.58B (www.cnbc.com)
2026-4-30 Google Alphabet

Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment (www.cnbc.com)
2026-4-30

Pentagon's Digital and AI Chief Cameron Stanley confirms the DoD is expanding its Google Gemini use, saying “overreliance on one vendor is never a good thing” (www.cnbc.com)
2026-4-29 Google AI Pentagon

True Anomaly, which makes autonomous spacecraft and software for the US Space Force, raised a $650M Series D at a $2.2B valuation, bringing total funding to $1B (www.cnbc.com)
2026-4-29

Jury selection begins in Musk v. Altman trial at a federal courthouse in California, with Sam Altman and Greg Brockman in attendance (www.cnbc.com)
2026-4-28 California

An overview of Elon Musk's $134B lawsuit against Sam Altman, scheduled to begin on April 27, accusing him of reneging on a vow to keep OpenAI nonprofit (www.cnbc.com)
2026-4-25 Elon Musk

Nvidia stock jumps 4.3% to close at a record for the first time since Oct., pushing Nvidia's market cap past $5T, as a rally in Intel pushed chipmakers higher (www.cnbc.com)
2026-4-25 Intel Nvidia

Intel stock closes up 23.6%, its best performance since October 1987, as Intel shows signs of renewed growth amid the AI boom; the stock is up 124% YTD (www.cnbc.com)
2026-4-25 Intel AI

Alibaba says its Qwen AI models will be integrated into BYD, Volkswagen, and other cars, letting users buy food and tickets via voice commands on select models (www.cnbc.com)
2026-4-24 Alibaba AI

As part of the Cohere-Aleph Alpha deal, Aleph Alpha backer Schwarz Group plans to invest $600M in Cohere's Series E, which a source says is set to close in 2026 (www.cnbc.com)
2026-4-24

Texas Instruments stock rose 19% on Thursday, its best day since 2000, after upbeat Q2 guidance driven by high demand for analog chips used in AI data centers (www.cnbc.com)
2026-4-24 AI Texas

Intel reports Q1 revenue up 7% YoY to $13.58B, vs. $12.42B est., and forecasts Q2 revenue and adjusted EPS above estimates; INTC jumps 15%+ after hours (www.cnbc.com)
2026-4-24 Intel

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