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AMD reports weaker-than-expected earnings even as revenue tops estimates
Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices […]
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Nvidia says its AI chips don’t have a ‘kill switch’ after Chinese accusation
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia on Tuesday rejected Chinese accusations that its data center GPUs for artificial intelligence include a hardware function that could remotely deactivate the chips, which is commonly called a “kill switch.” “NVIDIA GPUs do […]
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World’s largest chipmaker TSMC says it has discovered potential trade secret leaks
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Co. said on Tuesday that it had detected “unauthorized activities” that lead to […]
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Earnings playbook: Disney and Advanced Micro Devices lead another busy week of reports
The busiest week of earnings has passed, but there are still dozens of key reports still to come that could shake up Wall Street. About 120 S & P 500 companies are scheduled to post their latest earnings. Among them are Disney , Advanced Micro Devices and Dow Jones Industrial Average member Pfizer . Those […]
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Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Mark Zuckerberg may be the most famous college-dropout-turned-tech-billionaire. Dylan Field is the latest, after his design startup Figma soared in its stock […]
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Stocks making the biggest moves midday: Apple, Amazon, Monolithic Power, Reddit and more
Check out the stocks making the biggest moves midday. Kimberly-Clark — The consumer products giant gained about 4% on stronger-than-expected full-year guidance. Kimberly-Clark expects earnings per share to grow in the low-to-mid single digit percentage rate, while analysts polled by FactSet anticipated a contraction of around 2.6%. Marvell Technology — The chipmaker fell about 6%, […]
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Stocks making the biggest moves premarket: Amazon, Coinbase, Reddit, Apple and more
Check out the companies making headlines before the bell: Apple — The tech giant’s shares rose more than 1% premarket after it said iPhone sales grew 13% year over year and total revenue grew 10%, marking Apple’s fastest quarterly revenue growth since December 2021. CEO Tim Cook said Apple would “significantly grow” its artificial intelligence […]
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The global crypto wave is catching on in Asia as businesses warm up to stablecoins
Businesses across Asia are increasingly warming up to stablecoins for cross-border transactions — a trend set to accelerate further as Hong Kong moves to legalize the use of digital tokens, experts told CNBC. From online travel agencies and luxury goods resellers to high-end hotels, companies are embracing stablecoin for payments, citing both speed and cost-efficiency […]
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5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day: 1. When the levy breaks A trader works at his desk on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock […]
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CNBC Daily Open: Trump’s (new) new tariff rates are here (again)
US President Donald Trump points as he speaks after signing an executive order restarting the Presidential Fitness Test in public schools in the Roosevelt Room of the White House in Washington, DC, on July 31, 2025. Jim Watson | AFP | Getty Images The first time U.S. President Donald Trump unveiled his “reciprocal” tariffs on […]
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