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Elon Musk’s xAI faces threat of NAACP lawsuit over air pollution from Mississippi data center
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI, which merged with SpaceX last week, is facing increased pressure from environmental and civil rights groups over pollution concerns, this time at the company’s facility in Southaven, Mississippi. On Friday, the Southern Environmental Law Center and Earthjustice, on behalf of the NAACP, sent a notice […]
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Roku stock surges on earnings beat, record quarter for premium subscriptions
Shares of Roku jumped more than 6% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents adjusted vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver […]
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Instacart jumps 14% on strong results as CEO calls grocery competition fears ‘overblown’
Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged more than 14% after the company’s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely […]
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CPI report, AI disruption sell-off, EPA rollback and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Remember that Ring Super Bowl commercial, the one about finding the lost dog? Turns out it didn’t quite have the effect the Amazon-owned doorbell company was hoping for. Stock futures are down this morning, following a negative session for all […]
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The Tech Download: Can hyperscalers justify their huge AI capex?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The core Earnings season has seen endless spending commitments from tech companies as they scramble to build out data center capacity amid the AI boom. Hyperscalers, including the likes of Amazon, Microsoft, Meta and Alphabet, announced capital […]
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How packaging and logistics companies are automating their warehouses
DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]
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These four charts show how reliant Europe is on U.S. digital infrastructure
As geopolitical tensions between the EU and the U.S. escalate, these charts show how reliant the continent is on American tech providers, despite pledges to become more independent. Since returning to the White House last year, U.S President Donald Trump imposed tariffs on the continent and caused headaches and fear in Europe as he initially […]
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Amazon’s Ring cancels Flock partnership amid Super Bowl ad backlash
Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran […]
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AWS CEO Garman says software AI fears are ‘overblown’
Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing growth of major software companies. “Look, my own opinion is that much of the fear is overblown,” Garman told CNBC’s Jon Fortt on Thursday. Technology stocks have sold off this year following the […]
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Waymo begins deploying next-gen Ojai robotaxis to extend its U.S. lead
A Waymo autonomous vehicle outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo on Thursday said it has begun using its sixth-generation driverless system to provide robotaxi rides to employees on Ojai vehicles, which use a base model made by Chinese […]
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