Alphabet Inc
These economists say artificial intelligence can narrow U.S. deficits by improving health care
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released last month by the Center on […]
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OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. The new financing will allow the Japanese […]
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Workday stock slips on light quarterly forecast
Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 8% in extended trading on Tuesday after the human resources and finance software maker issued a quarterly forecast that […]
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How President-elect Donald Trump may impact investors in these 8 market sectors
FA Playbook How President-elect Donald Trump may impact investors in these 8 market sectors Published Tue, Nov 26 202412:24 PM EST Greg Iacurci@GregIacurci Lorie Konish WATCH LIVE Source
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Google proposes fresh tweaks to search results in Europe
Jaque Silva | Nurphoto | Getty Images Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules. Under the […]
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The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now, […]
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CNBC Daily Open: Small- and mid-caps outperformed last week
The New York Stock Exchange. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Winning week […]
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CNBC Daily Open: Small- and mid-caps stole the limelight last week
Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? […]
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Apple and Google could face a competition probe over their huge mobile ecosystems in the UK
Omar Marques | Lightrocket | Getty Images LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.’s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an […]
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CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
The Nvidia headquarters in Santa Clara, California, in November 2024. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can […]
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