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Tag Archives: CNBC
Bitcoin climbs, reaching a new all-time high above $97,000
Bitcoin breached the $97,000 level for the first time Wednesday night as investors continued pricing in a second Donald Trump presidency.
DOJ pushes for Google to break off Chrome browser after antitrust case
The Department of Justice is pushing a federal judge to make Google divest its Chrome internet browser as a remedy following the antitrust case.
Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.
Snowflake shares pop 19% on earnings and revenue beat
Snowflake reported better-than-expected results on the top and bottom lines.
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.
Nvidia to report third-quarter earnings after the bell
In August, Nvidia said it expected about “several billion” in Blackwell sales during the January quarter.
FTX co-founder Gary Wang avoids prison time for role in crypto fraud
Gary Wang was the fifth former FTX executive to be handed a punishment for his role in the collapse of the crypto exchange in late 2022.
Bitcoin rises to a fresh record above $94,000 as investors watch Trump transition, ETF options
Bitcoin advanced above $94,000 on Wednesday as investors monitored the Trump transition and digested newly launched options trading.
Alphabet’s VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion
Odoo, an enterprise software startup rivalling SAP, boosted its valuation to $5.3 billion in a secondary share round led by Alphabet’s VC fund and Sequoia.
Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm said at its investor day that its so-called internet of things business will more than quadruple in sales by 2029 to around $22 billion.