Microsoft Corp
CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake
CoreWeave CEO Mike Intrator testifies before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. Intrator and fellow tech leaders testified about the global artificial intelligence race and how the United States can remain competitive. Chip Somodevilla | Getty Images CoreWeave investors are having a big week. Shares of the […]
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From Google to Expedia, AI travel agents planning future trip far beyond ‘assistant’ status
Alexander Spatari | Moment | Getty Images Since ChatGPT’s big public debut already close to three years ago, Google has faced persistent questions about its decades-long hold over internet search traffic. That concern surfaced again in recent weeks after a top Apple executive alluded to a decline in search traffic on iPhone (where Google is […]
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Microsoft offers to sell Office without Teams to placate EU regulators
The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Gabby Jones | Bloomberg | Getty Images Microsoft offered to unbundle its Office 365 and Microsoft 365 software suites from its Teams workplace communication app to address competition concerns from European regulators. The European Commission, which is the […]
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CoreWeave CEO defends capex plans, says company is meeting ‘demand signals’ from major hyperscalers
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters CoreWeave shares jumped more than 5% Thursday as the renter of artificial intelligence servers posted strong revenues and CEO Michael Intrator reinforced the […]
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The mystery math behind Bill Gates’ pledge
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Microsoft co-founder Bill Gates announced one week ago that he would give away “virtually all” of his wealth over the next […]
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CNBC Daily Open: Nvidia is back in the green amid Trump’s dealmaking
NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain […]
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Amazon lays off about 100 employees in devices and services unit
An Amazon device is displayed at an Amazon Devices launch event in New York City, U.S., Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed on Wednesday. The devices and services unit includes a wide range of businesses, such as the […]
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EU antitrust regulators to accept Microsoft’s Office-Teams offer: Reuters
The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Gabby Jones | Bloomberg | Getty Images EU antitrust regulators are set to accept Microsoft’s offer to widen the price differential between the Office product sold with its chat and video app Teams and its software sold without the app, […]
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CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Brendan Smialowski | Afp | Getty Images Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. The stock popped […]
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Nvidia turns positive for 2025, third ‘Magnificent 7’ member to do so as favored group regains groove
Jakub Porzycki | Nurphoto | Getty Images Nvidia on Wednesday climbed into positive territory for the year, becoming the latest “Magnificent 7” member stock to flip into the green amid the broader market’s recovery. The artificial intelligence darling surged more than 4% in the session, bringing its gain for this week above 15%. That rally […]
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