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Blackwell is key to Nvidia's next growth phase. The new AI chip has reportedly hit an overheating snag.
Nvidia's new Blackwell chips are highly sought after in the AI boom because they are at least twice as fast as its predecessor....
read moreCNBC Daily Open: Everyone gave Reddit an upvote
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they nee...
read moreStarbucks Removing Its Extra Charge For Non-Dairy Milk Substitutes
The charge can add up to 80 cents in some areas, according to CNBC....
read moreSmart-Ring-Firma Oura: Chef glaubt nicht an Markteintritt Apples
Immer wieder gab es Gerüchte, dass Apple neben der Apple Watch auch einen smarten Ring plant. Der wohl wichtigste mögliche Konkurrent glaubt daran n...
read moreWhat the 2024 Election Results Mean for the Child Tax Credit
President-elect Donald Trump's campaign floated some general ideas about expanding the child tax credit....
read moreAMD To Lay Off 4% of Workforce, or About 1,000 Employees
AMD has announced plans to cut 4% of its global workforce as it repositions to compete in the AI chip market dominated by Nvidia. The layoffs will aff...
read moreOpenAI backs robots, Amazon and Palantir's defense deal, Saudi Arabia's $100 billion bet: This week's AI launches
Each week, Quartz rounds up product launches, updates, and funding news from artificial intelligence-focused startups and companies.Read more......
read moreCNBC Daily Open: Could 'higher for longer' make a return?
With inflation ticking up and a possible inflationary landscape ahead due to Trump's policies, could a "higher for longer" stance from the Fed return?...
read moreTrump at McDonald's, Amazon's gas discount, and listeria everywhere: Business news roundup
McDonald’s is distancing itself from former President Donald Trump after his headline-grabbing stop at a Pennsylvania location, where he pretended t...
read moreGrand Theft Auto 6 Is Still On Track For Fall 2025 Release
Nearly a year ago, Rockstar Games debuted the first trailer for Grand Theft Auto 6, which marks the franchise's first sequel since Grand Theft Auto 5 ...
read moreCNBC Daily Open: Eve of Election Day
Election day looms for U.S. voters, and the world watches....
read moreQualcomm 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 (Kif Leswing/CNBC)
Kif Leswing / CNBC: 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...
read moreEuropean Data Center Association Chair says lowering water temperatures to cool AI data centers is "incompatible" with the EU's new Energy Efficiency Directive (April Roach/CNBC)
April Roach / CNBC: European Data Center Association Chair says lowering water temperatures to cool AI data centers is “incompatible” with the EU'...
read moreThere will never be an Apple Ring, says rival with crossed fingers
The CEO of smart ring firm Oura has detailed the reasons there shouldn't be an Apple Ring, but sounds like he's hoping Apple is listening.Render of a ...
read morePinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC: Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below...
read moreAccel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wise and N26 alumni had 33 each (Ryan Browne/CNBC)
Ryan Browne / CNBC: Accel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wis...
read moreAirbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M est.; ABNB jumps 5%+ after hours (Ashley Capoot/CNBC)
Ashley Capoot / CNBC: Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M e...
read moreBlock reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC: Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% t...
read moreGoogle 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 (Jordan Novet/CNBC)
Jordan Novet / CNBC: Google Cloud Q3 revenue grew 35% YoY to $11.35B with a 17% operating margin, outpacing AWS' 19% YoY revenue growth to $27.45B wit...
read moreSources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B (Rohan Goswami/CNBC)
Rohan Goswami / CNBC: Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidia...
read moreThings are looking up for Wall Street, and Goldman's third-quarter results show why
Wall Street's business of putting together deals may finally be rebounding. What Goldman's earnings tell us about demand for M&A, IPOs, and more....
read moreBlade Runner 2049's producer sues Musk, Tesla, and WBD for allegedly using AI to create imagery close to the film, despite a denied request, to promote Cybercab (Brooks Barnes/New York Times)
Brooks Barnes / New York Times: Blade Runner 2049's producer sues Musk, Tesla, and WBD for allegedly using AI to create imagery close to the film, des...
read moreLos aranceles de Trump pueden jugar un papel determinante en el futuro de Samsung en Estados Unidos
Con las elecciones de Estados Unidos a la vuelta de la esquina, el candidato a la presidencia y expresidente republicano, Donald Trump, ha insinuado u...
read morexAI launches an API for "grok-beta" priced at $5 per million input tokens or $15 per million output tokens; it is unclear which AI model "grok-beta" might be (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: xAI launches an API for “grok-beta” priced at $5 per million input tokens or $15 per million output tokens; it is uncle...
read moreDow Jones and New York Post sue AI startup Perplexity for alleged copyright infringement and say it hasn't replied to a July 2024 letter about copyright issues (Todd Spangler/Variety)
Todd Spangler / Variety: Dow Jones and New York Post sue AI startup Perplexity for alleged copyright infringement and say it hasn't replied to a July ...
read moreStripe announces it has finalized a deal to acquire stablecoin infrastructure company Bridge; Michael Arrington says the deal was worth $1.1B (Jamie Crawley/CoinDesk)
Jamie Crawley / CoinDesk: Stripe announces it has finalized a deal to acquire stablecoin infrastructure company Bridge; Michael Arrington says the dea...
read moreTarget shoppers' excitement over the 'Wicked' Stanley cups shows buzzy partnerships are the way forward for the water bottle brand
The overwhelming demand for Stanley and Target's "Wicked" cups demonstrates how Stanley can maintain its status as brands like Owala gain traction....
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