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Tag: Breaking News: Technology

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

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

October 31, 2024October 31, 2024 · World News

Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure…

Read more Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse

U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse

October 24, 2024October 24, 2024 · World News

Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022.  Mike Blake | Reuters Ripple Labs CEO…

Read more U.S. will be ‘more pro-crypto’ after this election, no matter who wins, says Ripple CEO Garlinghouse
Apple and Goldman Sachs ordered to pay more than  million for Apple Card failures

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

October 23, 2024October 23, 2024 · Banking

Apple CEO Tim Cook introduces the Apple Card during a launch event at the Apple headquarters in Cupertino, California, on March 25, 2019. Noah Berger | AFP |…

Read more Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Watch live as CFTC Chairman Rostin Behnam speaks at DC Fintech Week

Watch live as CFTC Chairman Rostin Behnam speaks at DC Fintech Week

October 23, 2024October 23, 2024 · Banking

[The stream is slated to start at 9:05 a.m. ET. Please refresh the page if you do not see a player above at that time.] Rostin Behnam, chairman…

Read more Watch live as CFTC Chairman Rostin Behnam speaks at DC Fintech Week
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division

October 23, 2024October 24, 2024 · Banking

Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned. The firm, which launched an…

Read more AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Citi: time to embrace volatility and take positions off ice

Citi: time to embrace volatility and take positions off ice

October 21, 2024October 21, 2024 · Banking

Citi Private Bank's Toby Gresham lists sectors set to benefit as the interest rate cut cycle begins. Source link

Read more Citi: time to embrace volatility and take positions off ice
Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools

Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools

October 19, 2024October 19, 2024 · World News

Visitors check out Nvidia’s AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024. Costfoto | Nurphoto | Getty Images Nvidia, Google, Microsoft and…

Read more Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’

After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’

October 18, 2024October 18, 2024 · Banking

LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company’s billionaire co-founder Roy Reznik told CNBC, adding that the…

Read more After rejecting Google takeover, cyber firm Wiz says it will IPO ‘when the stars align’
Amazon cloud boss says employees unhappy with 5-day office mandate can leave

Amazon cloud boss says employees unhappy with 5-day office mandate can leave

October 17, 2024October 17, 2024 · Business

Amazon Web Services CEO, Matt Garman speaks during CNBC Power Lunch on July 1, 2024. CNBC Amazon‘s cloud boss on Thursday gave employees a frank message about the…

Read more Amazon cloud boss says employees unhappy with 5-day office mandate can leave
We’re bending our investment rules and starting positions in 2 of our Bullpen stocks

We’re bending our investment rules and starting positions in 2 of our Bullpen stocks

October 16, 2024October 16, 2024 · Banking

Two stocks are getting the call-up from our Bullpen stocks-to-watch list. We’re initiating positions for Jim Cramer’s Charitable Trust in BlackRock and CrowdStrike . We’re buying 17 shares…

Read more We’re bending our investment rules and starting positions in 2 of our Bullpen stocks
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales

ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales

October 16, 2024October 16, 2024 · Business

An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January…

Read more ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
These 5 portfolio stocks outperformed the market’s incredible run since our September Monthly Meeting

These 5 portfolio stocks outperformed the market’s incredible run since our September Monthly Meeting

October 16, 2024October 16, 2024 · Banking

It’s been a stellar month for the U.S. stock market, driven largely by easing monetary policy. Since the Club’s last Monthly Meeting, investors have celebrated the Federal Reserve’s…

Read more These 5 portfolio stocks outperformed the market’s incredible run since our September Monthly Meeting
Earnings will drive the stock market in the week ahead. That’s a good thing

Earnings will drive the stock market in the week ahead. That’s a good thing

October 13, 2024October 13, 2024 · Banking

The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at…

Read more Earnings will drive the stock market in the week ahead. That’s a good thing
SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch

SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch

October 13, 2024October 13, 2024 · Business

The Super Heavy booster lands on the company’s launch tower during the fifth Starship flight on Oct. 13, 2024. SpaceX SpaceX launched its fifth test flight of its…

Read more SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

October 13, 2024October 13, 2024 · Banking

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than…

Read more Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock

Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock

October 11, 2024October 12, 2024 · Banking

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. U.S. stocks jumped…

Read more Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock
AMD launches AI chip to rival Nvidia’s Blackwell

AMD launches AI chip to rival Nvidia’s Blackwell

October 10, 2024October 10, 2024 · World News

AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip…

Read more AMD launches AI chip to rival Nvidia’s Blackwell
Ripple launches crypto storage services for banks in bid to diversify

Ripple launches crypto storage services for banks in bid to diversify

October 10, 2024October 10, 2024 · Banking

Jakub Porzycki | Nurphoto | Getty Images   U.S. blockchain startup Ripple made a major foray into crypto custody on Thursday, launching new services aimed at helping banks…

Read more Ripple launches crypto storage services for banks in bid to diversify
HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

October 9, 2024October 10, 2024 · Banking

Jaap Arriens | NurPhoto via Getty Images   LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to boosting productivity and…

Read more HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Tensions rise between banks and tech companies over online fraud liability in the UK

Tensions rise between banks and tech companies over online fraud liability in the UK

October 6, 2024October 6, 2024 · Banking

Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens | Nurphoto via…

Read more Tensions rise between banks and tech companies over online fraud liability in the UK
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