AI and energy-focused SPAC raises $175 million and taps Nvidia, Prologis execs as advisors for deal hunt
Nasdaq-listed Dynamix Corporation III has engaged advisors from Nvidia and Prologis to aid in the hunt for suitable acquisition targets.
CNBC
Roblox stock slips 10% as company expects more spending on safety and infrastructure
Roblox boosted booking guidance for the fiscal year to between $6.57 billion and $6.62 billion
Roblox stock slips 10% as company expects more spending on safety and infrastructure Read More »
Jim Cramer says buy the Meta plunge — but timing is key
The Club decided to upgrade Meta Platforms — choosing to view Thursday’s stock plunge as a buying opportunity.
Jim Cramer says buy the Meta plunge — but timing is key Read More »
AI companies are downplaying amount of energy and capital they need, Joe Lonsdale says
Palantir co-founder and venture capitalist Joe Lonsdale says that execs at AI companies are underselling the resources required to meet their ambitions.
AI companies are downplaying amount of energy and capital they need, Joe Lonsdale says Read More »
Alphabet stock jumps 4% after posting strong results, boosting AI spend
The strong quarter and a boost in capital spending impressed analysts and solidified Alphabet’s position as an AI leader.
Alphabet stock jumps 4% after posting strong results, boosting AI spend Read More »
Meta stock drops 12% as heightened AI spending overshadows strong third-quarter results
Meta’s results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
Meta stock drops 12% as heightened AI spending overshadows strong third-quarter results Read More »
Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday
Angel investor Oren Zeev created the blueprint for the solo general partner firm, a new, rare category of venture capital. The Navan IPO is his biggest win yet.
Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk Read More »
CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings
The crux is that spending on artificial intelligence isn’t going to slow down, at least for the next year, thanks to increasing demand for AI services.
CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings Read More »
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
The crux is that spending on artificial intelligence isn’t going to slow down, at least for the next year, thanks to increasing demand for AI services.
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings Read More »