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Broadcom is firing on all cylinders, and Wall Street can’t get enough of the stock
Broadcom shares hit an all-time high during Monday’s trading session after the emergence of another encouraging sign that the company’s custom chips are all the rage on the AI scene. The newest development comes from the tech website, The Information, which said Microsoft could be looking to move its custom chip business from Marvell Technology […]
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Confluent stock soars 29% as IBM announces $11 billion acquisition deal
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. Shares of Confluent soared 29% premarket. IBM stock sank about 1%. IBM […]
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How Ray Dalio would play the markets if he was still running Bridgewater
As talk of an AI-fueled bubble continues, Bridgewater Associates founder Ray Dalio broke down how he would play the market if he were still running the asset management firm. Speaking to CNBC on Monday, Dalio said that he would play the AI game but bet more on companies using the technology rather than hyperscalers: the […]
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Amazon had a very big week that could shape where its stagnant stock goes next
Amazon made plenty of news this week — from advances in the cloud business to questions about its partnership with the U.S. Postal Service — leaving investors with a lot to digest. The flurry of headlines comes at the end of a challenging year. The e-commerce and cloud giant’s stock is up 4.6%, compared to […]
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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
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Software startup deploys Singapore’s first quantum computer for commercial use
Inside Horizon Quantum’s office in Singapore on Dec. 3, 2025. The software firm claimed it is the first private company to deploy a commercial quantum computer in the city-state. Sha Ying | CNBC International Singapore-based software firm Horizon Quantum on Wednesday said it has become the first private company to run a quantum computer for […]
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A little-known startup just used AI to make a moon dust battery for Blue Origin
Artificial intelligence has created a device that turns moon dust into energy. The moon vacuum, which was unveiled on Wednesday by Blue Origin at Amazon‘s re:Invent 2025 conference in Las Vegas, was built using critical technology from startup Istari Digital. “So what it does is sucks up moon dust and it extracts the heat from […]
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Microsoft stock sinks on report AI product sales are missing growth goals
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft pushed back on a report Wednesday that the company lowered growth targets for artificial intelligence software […]
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Waymo expanding to Baltimore, Pittsburgh and St. Louis with manual test drives
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Waymo on Wednesday said humans will begin test driving the Alphabet-owned company’s robotaxi vehicles in Baltimore, Pittsburgh and St. Louis. The three cities represent the latest additions to Waymo’s quickly growing list of cities where the Google sister company is […]
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Amazon announces new AI chips, closer Nvidia ties — but it’s cloud capacity that matters most
Amazon Web Services’ two-track approach to artificial intelligence came into better focus Tuesday as the world’s biggest cloud pushed forward with its own custom chips and got closer to Nvidia . During Amazon ‘s annual AWS Re:Invent 2025 conference in Las Vegas, Amazon Web Services CEO Matt Garman unveiled Trainium3 — the latest version of […]
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