Technology
OpenAI closes $110 billion funding round with backing from Amazon, Nvidia, Softbank
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company. Amazon invested $50 […]
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CLEAR CEO on government shutdown impact, future of biometrics and growth outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Caryn Seidman Becker, CLEAR co-founder and CEO, joins ‘Squawk Box’ to discuss the state of traveler ID verification, impact of the partial government shutdown, future of biometrics screening, growth outlook, and more. Source
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Smartphone market poised for ‘sharpest decline on record’ in 2026
KUALA LUMPUR, MALAYSIA – SEPTEMBER 19: Customers line up outside an Apple store ahead of the launch of the iPhone 17 series at Tun Razak Exchange (TRX) on September 19, 2025 in Kuala Lumpur, Malaysia. The iPhone 17 line represents the next generation of iPhones and accessories set to hit international markets. (Photo by Annice […]
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See the movie, play the game: How Nintendo is pulling out all the stops to sell the Switch 2
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo arguably has the most recognizable characters in video games, from […]
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Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo plans an unwinding of strategic shareholdings that would see companies including […]
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Jim Cramer isn’t fretting Nvidia’s post-earnings sell-off. Here’s how he would respond
Key Points CNBC’s Jim Cramer said Thursday that Nvidia’s stock was swept up in a wave of institutional selling. “Don’t take today as a referendum on anything,” the “Mad Money” host said. CNBC’s Jim Cramer on Thursday downplayed Nvidia’s post-earnings stock slide, suggesting it was caught up in a vortex of institutional selling that actually […]
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CoreWeave beats revenue projections as backlog swells to nearly $67 billion
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 11% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider […]
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Nintendo realized it couldn’t win the console arms race — so it changed the game
Nearly nine years after its release, the Nintendo Switch has become the company’s best-selling console of all time, with more than 155 million units sold. From the Nintendo Entertainment System rescuing a collapsed gaming market in the 1980s, to the GameCube being outsold by Sony’s PlayStation 2, Nintendo’s hardware history is as much of a […]
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Block shares soar 24% as company slashes workforce by nearly half
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block said Thursday it’s laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed […]
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Have we seen peak pricing power for Nvidia chips?
Nvidia reported fiscal fourth-quarter results that comfortably topped Wall Street expectations on both revenue and earnings. Shares initially jumped in after-hours trading, but that enthusiasm faded, and the stock was lower Thursday. The pullback may emanate from comments made by CFO Colette Kress during the company’s earnings call regarding inventory levels. For several years, demand […]
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