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Tag Archives: CNBC
Microsoft loses status as OpenAI’s exclusive cloud provider
Microsoft won’t be the sole cloud provider for OpenAI but can decide whether to deliver the company with capacity or allow another party to fill the need.
Trump says he’s open to TikTok sale to Elon Musk or Larry Ellison
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.
Reddit shares rise 7%, hit record as Raymond James raises price target
Reddit shares rose over 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their “strong buy” rating.
Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.
Trump meme coin gives greenlight for crypto industry to return to days of new tokens and NFT bubble
President Trump’s return the White House is expected to usher in a golden, if chaotic, age of crypto in the U.S., according to Bernstein analysts.
Nvidia passes Apple again to become world’s most valuable company
Nvidia passed Apple in market value on Tuesday, once again becoming the most valuable publicly traded company in the world.
Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model
While ‘super apps’ have flourished in Asia, their adoption in Western markets has been slower. But more tech companies seek to bring the same model to the U.S.
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.
Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
The value of Tesla’s brand dropped for a second straight year, according to research and consulting firm Brand Finance.