Tag Archives: CNBC

Affirm expands buy now, pay later service to the UK, heating up local competition

Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas.

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Google’s cloud outpaces rivals in third quarter as AI battle heats up

One takeaway from tech earnings reports this week is that Google’s cloud business is gaining momentum.

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Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

Nvidia is replacing Intel in the Dow Jones Industrial Average, a shakeup that reflects a massive change in the semiconductor industry.

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Super Micro’s 44% plunge this week wipes out stock’s gains for the year

Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.

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Apple to buy Pixelmator, the iPhone image editing app with AI features

Pixelmator said there “will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time.”

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Amazon shares jump 7%, approach record after earnings beat

Amazon’s latest upbeat results were driven by growth in cloud and digital advertising.

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Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Following comments on Google’s earnings call about continuing cuts, employees wanted answers at the company’s latest all-hands meeting.

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Higher taxes will make it harder for Britain to build ‘the next Nvidia,’ tech execs say

Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.

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Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Apple’s services business has become a critical part of the company’s appeal to Wall Street over the past decade.

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Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.

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