TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to continue its business in the U.S. The deal,…
Read more TikTok secures its future in the U.S. with agreement for new joint ventureFears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable…
Read more Bubble fears ease but investors still waiting for AI to live up to its promiseArtificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York. Microsoft also on…
Read more Anthropic, Microsoft announce new AI data center projects as industry’s construction push continuesSEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centers in…
Read more OpenAI and Amazon sign $38 billion deal for AI computing powerNEW YORK (AP) — Tech behemoth Oracle has agreed to settle a class action lawsuit for $115 million over allegations that it tracked consumer activity both on and…
Read more Oracle settles suit over tracking your data. How to file a claimPrices are displayed in a store window in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report…
Read more CNBC Daily Open: Moving past sticky core inflationPrices are displayed in a store window in Brooklyn on August 14, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report…
Read more CNBC Daily Open: Looking past sticky core inflationJP Morgan headquarters at Canary Wharf financial district at the heart of Canary Wharf financial district on 6th February 2024 in London, United Kingdom. Mike Kemp | In…
Read more CNBC Daily Open: Lower rates might hurt banksJPMorgan signage outside a Chase bank branch in New York, US, on Thursday, Jan. 12, 2023. Stephanie Keith | Bloomberg | Getty Images This report is from today’s…
Read more CNBC Daily Open: Banks might not love lower rates unconditionallyEvery weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Stocks fell Tuesday…
Read more Why a Wall Street downgrade of Costco is not a reason to sell the stockIt was a rough start to the historically weak month of September on Wall Street. Economic growth concerns and investor trepidation ahead of Tuesday’s presidential debate and the…
Read more Here are the three most important things to watch in the market this weekOracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle…
Read more Oracle warns that a TikTok ban would hurt businessIn what was the most anticipated quarter this earnings season, Nvidia far outpaced lofty expectations on the top and bottom lines. Even better was a big revenue guide…
Read more Nvidia crushes sky-high expectations and charts continued AI-driven dominance for years to comeA man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is…
Read more CNBC Daily Open: Sticky inflation muddies water for FedOracle shares were heading sharply lower in late trading Monday after the enterprise software giant posted November quarter financial results that fell short of both the company’s own…
Read more Oracle Stock Falls After Earnings Report DisappointsLisa Su displays an AMD Instinct MI300 chip as she delivers a keynote address at CES 2023 in Las Vegas, Nevada, Jan. 4, 2023 David Becker | Getty…
Read more Meta and Microsoft say they will buy AMD's new AI chip as an alternative to NvidiaNovember was a stellar month for Club stocks. The S & P 500 broke a three-month losing streak in November, rallying 8.92% to deliver the index’s biggest monthly…
Read more These 10 stocks saw double-digit gains and outperformed November's strong marketNvidia shares moved down 1% in extended trading on Tuesday after the chipmaker reported fiscal third-quarter results that surpassed Wall Street’s predictions. But the company called for a…
Read more Nvidia’s revenue triples as AI chip boom continuesIs this the beginning of the end for X, the social-media site previously known as Twitter? In the last two days, major advertisers, ranging from IBM Corp. IBM,…
Read more Elon Musk’s X apocalyptic momentApple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week…
Read more Apple and Disney have paused advertising on X after Elon Musk promoted antisemitic tweet
