Articles from www.cnbc.com

Articles from www.cnbc.com

Oracle's shares are up ~63% in 2024, lifting Larry Ellison's net worth to $217B+, as the company enjoyed its biggest stock rally since 1999 and the dot-com boom (www.cnbc.com)
2024-12-28 Oracle

OpenAI says the PBC will oversee commercial operations, and the nonprofit will hire staff to pursue charitable activities in health care, education, and science (www.cnbc.com)
2024-12-28 Education

AppLovin was 2024's top performing US tech stock, up 758% as of December 24, MicroStrategy was the second top performing, up 467%; Palantir was third, up 380% (www.cnbc.com)
2024-12-26

Analysis: roughly two-thirds of 39 public digital health companies have lost value in 2024, while the Nasdaq is up 32% (www.cnbc.com)
2024-12-26

Donald Trump announces Scott Kupor, a managing partner at a16z, will serve as director of OPM, and Michael Kratsios will serve as the White House OSTP director (www.cnbc.com)
2024-12-24 Trump

The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017 (www.cnbc.com)
2024-12-21 JPMorgan

Chinese self-driving trucking company TuSimple rebrands to CreateAI, in a pivot to generative AI for video games and animation, and debuts its first model, Ruyi (www.cnbc.com)
2024-12-19 China AI

OpenAI rolls out a way to talk to ChatGPT by dialing 1-800-CHATGPT for 15 minutes of free access per month in the US or messaging it via WhatsApp globally (www.cnbc.com)
2024-12-19 WhatsApp

Salesforce says it will hire 2,000 people to sell AI software, a month after saying it would hire 1,000 for the task and two years after laying off 7,000 staff (www.cnbc.com)
2024-12-18 AI Salesforce

Waymo plans to test its robotaxis in Tokyo in early 2025, its first international expansion, in partnerships with taxi operator Nihon Kotsu and taxi app GO (www.cnbc.com)
2024-12-17 Tokyo

At a meeting with Trump, Masayoshi Son says SoftBank will invest $100B and create 100K jobs in the US, largely via AI-focused jobs and infrastructure projects (www.cnbc.com)
2024-12-17 Trump AI

A look at Broadcom's path to $1T in market cap: stock up 760%+ after abandoning its $120B Qualcomm bid in 2018, three deals worth $10B+ after that, and more (www.cnbc.com)
2024-12-15

An inside look at TSMC's $20B Arizona fab, which the company says is “dang near back” on schedule and will produce 4nm chips at a rate of 20K wafers per month (www.cnbc.com)
2024-12-15

Cantor Fitzgerald settles US SEC charges for $6.75M over disclosures before its SPACs merged with smart glass maker View and geospatial data company Satellogic (www.cnbc.com)
2024-12-14

MicroStrategy, Palantir, and Axon will join the Nasdaq 100 index, effective before the market open on December 23; Super Micro will be removed from the index (www.cnbc.com)
2024-12-14

Private-credit firm Sixth Street commits $4B in capital for Affirm to underwrite short-term installment loans of between four and six months (www.cnbc.com)
2024-12-14

Broadcom shares jump 20%+ a day after the company reported Q4 results that showed strong AI revenue growth, pushing its market cap beyond $1T for the first time (www.cnbc.com)
2024-12-14 AI 4Q

ServiceTitan's shares closed up 42.25% at $101 in its Nasdaq debut, giving the company a market cap of about $8.9B after it raised around $625M in its IPO (www.cnbc.com)
2024-12-13 IPO

Broadcom reports Q4 revenue up 51% YoY to $14.05B vs. $14.09B est., FY 2024 AI revenue up 220%, forecasts Q1 revenue just above est.; AVGO jumps 9%+ after hours (www.cnbc.com)
2024-12-13 AI 4Q

Sublime, which uses AI to scan emails of companies and political campaigns for phishing attacks, raised a $60M Series B, taking its total raised to $93.8M (www.cnbc.com)
2024-12-13 AI

ServiceTitan, which offers cloud software to contractors, prices its IPO at $71 per share, above the expected range, raising ~$625M and valuing it at ~$6.3B (www.cnbc.com)
2024-12-12 IPO

The Nasdaq closes up 1.8% to pass 20,000 for the first time, pushing the tech-heavy index up 33% for the year; Alphabet, Amazon, and Meta close at record highs (www.cnbc.com)
2024-12-12 Amazon Alphabet

Oracle reports Q2 revenue up 9% YoY to $14.06B, vs. $14.1B est., says it made a deal with Meta for training Llama models on its cloud; ORCL down 6%+ after hours (www.cnbc.com)
2024-12-10 Oracle

Q&A with Trump's pick for FCC chairman Brendan Carr about the Salt Typhoon hack, Section 230, tech companies' “collusion to suppress speech”, Starlink, more (www.cnbc.com)
2024-12-7 Trump

Intel adds former ASML CEO Eric Meurice and Microchip interim CEO Steve Sanghi to its board; both have significant semiconductor manufacturing experience (www.cnbc.com)
2024-12-6 Intel Manufacturing

Waymo says it will expand its fleet into Miami in 2025 with human safety drivers and plans to open up paid rides to local users via its Waymo One app by 2026 (www.cnbc.com)
2024-12-6

Amazon is rolling out a Buy with AWS button that software companies can add to their websites as a way for customers with AWS accounts to pay for services (www.cnbc.com)
2024-12-5 Amazon

Anduril and OpenAI partner to deploy advanced AI systems for national security missions, focusing on “improving the nation's counter-unmanned aircraft systems” (www.cnbc.com)
2024-12-5 AI

Trump plans to nominate former SEC Commissioner Paul Atkins as SEC chair, keeping with his promise for a crypto-friendly administration (www.cnbc.com)
2024-12-5 Trump

Okta reports Q3 revenue up 14% YoY to $665M, $651M in subscription revenue, above $635M est., and expects Q4 revenue above est.; OKTA jumps 16%+ pre-market (www.cnbc.com)
2024-12-4 4Q

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