SAP shares see biggest drop since 2020 after reporting disappointing cloud contract value
It’s the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results
CNBC
CNBC Daily Open: Investors expected the Fed to hold rates — it was Powell’s comments that drew interest
Powell left some advice to the next Fed chair. “Don’t get pulled into elected politics,” Powell said. “Don’t do it.”
Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML
ASML is the only company in the world that makes extreme ultraviolet lithography machines, which are crucial for manufacturing advanced AI chips
Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML Read More »
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry
SK Hynix beats rival Samsung Electronics in profits for 2025 for the first time ever, as the memory maker retains a lead in AI products.
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry Read More »
CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere
Powell left some advice to the next Fed chair. “Don’t get pulled into elected politics,” Powell said. “Don’t do it.”
CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere Read More »
Advantest shares jumps over 7% after record quarter, lifts profit forecast on AI demand
Shares of Japanese semiconductor equipment maker Advantest jumped over 7% after the company posted record quarterly sales in the October-December period.
Advantest shares jumps over 7% after record quarter, lifts profit forecast on AI demand Read More »
Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI
Meta’s stock pop following the company’s latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI Read More »
Samsung’s fourth-quarter profit triples, beating estimates as AI chip demand fuels memory shortage
Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates.
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.
Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor Read More »