Alphabet Inc
Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla
Wall Street will get its first glimpse of Big Tech earnings this week. Google-parent Alphabet and Tesla are among the more than 100 S & P 500 companies slated to report. Results from Ford Motor, IBM and General Motors are also on deck. The reporting period is off to a solid start. About 14% of […]
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CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | 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 […]
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Britain’s Labour faces an uphill battle as it looks to rein in AI’s key players
An Internet user checks ChatGPT on his mobile phone, Suqian, Jiangsu province, China, April 26, 2023. Future Publishing | Future Publishing | Getty Images LONDON — Britain is set to introduce its first-ever law for artificial intelligence — but Prime Minister Keir Starmer’s new Labour government faces a delicate balancing act of forming rules that […]
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With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
A couple sits in front of a television with the Netflix logo on it. Picture Alliance | Picture Alliance | Getty Images Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is […]
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Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test
Dr. Scott Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration. He is a CNBC contributor and is a member of the boards of Pfizer and several other startups in health and tech. He is also a partner at the venture capital firm New Enterprise Associates. Shani […]
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IMF raises India’s economic outlook, says global growth will remain lackluster
The IMF said it is optimistic on Chinese consumption returning in the next few years, but falling birth rates will still cause an economic down. Martin Puddy | Photodisc | Getty Images The International Monetary Fund has upgraded its economic forecast for India for 2024, while warning that growth will dip in the following year. […]
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Amazon’s deal with AI startup Adept faces FTC scrutiny
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters The Federal Trade Commission has launched an informal inquiry into Amazon‘s recently announced deal with AI startup Adept, CNBC has confirmed. The FTC is seeking more information about the agreement announced last month, which involved Amazon […]
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The next front in U.S.-China tech battle? Underwater cables that power the global internet
Subsea cables are the backbone of the internet, carrying 99% of the world’s data traffic. Serg Myshkovsky | Photodisc | Getty Images U.S.-Chinese tensions surrounding technology have have sunk to sea lows. Subsea cables hit the headlines earlier this year after four out of 15 critical submarine cables in the Red Sea were cut amid […]
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A big European asset manager trims Nvidia shares after huge rally
DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker’s stunning 2024 run, according to a new regulatory filing. The firm decreased its Nvidia share count by 9% in the second quarter to about 9.3 million shares, […]
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CNBC Daily Open: Trump assassination attempt
Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Michael M. Santiago | 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. […]
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