Media Archives - Page 109 of 806

2 minute read

AI Frenzy Propels Nvidia Above Google And Amazon As 4th Most Valuable Company — Also Makes Rival AMD’s CEO A Billionaire

February 15, 10:01 AM

The wealth of Lisa Su, the CEO of AMD and distant cousin of co-founder and chief executive of Nvidia, Jensen Huang, has surged to $1.2 billion.

AMD

2 minute read

Disney, Progressive, Leidos And More: CNBC’s ‘Final Trades’

By Avi Kapoor

February 15, 9:55 AM

On CNBC’s "Halftime Report Final Trades," Steve Weiss of Short Hills Capital Partners said Leidos Holdings, Inc. (NYSE: LDOS) is still cheap with a new management.

DIS

2 minute read

Jim Cramer Toasts Anheuser-Busch And Molson Coors, But Recommends Buying This Beer Stock

By Avi Kapoor

February 15, 9:47 AM

On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended waiting another quarter to buy Walgreens Boots Alliance, Inc. (NASDAQ: WBA).

BUD

2 minute read

Shell They Say Goodbye? Energy Giant Might Give Norway’s Wind Farm the Cold Shoulder

By Lekha Gupta

February 15, 9:13 AM

Shell may withdraw from Norway's first offshore wind farm tender due to concerns over profitability.

SHEL

2 minute read

Nvidia Bolsters AI Leadership with Investment in Arm Holdings, Eyes Future Growth in Semiconductor Industry

By Anusuya Lahiri

February 15, 9:05 AM

Nvidia's investment portfolio includes stakes in Arm Holdings, SoundHound AI, and Recursion Pharmaceuticals. Despite failed acquisition, Arm's market valuation has soared to $130 billion. Significant role in AI and potential growth in various sectors. Other investments in Nano-X Imaging and TuSimple.

ARM

3 minute read

OpenAI Could Be Preparing For What Its Moneybags Microsoft Failed To Do, Defeat Google At The Search Game

By Ananya Gairola

February 15, 5:20 AM

OpenAI, the parent company of ChatGPT, is developing a web search tool with the potential to compete directly with Google, leveraging support from Microsoft's Bing in a bid to challenge Google's long-standing search dominance.

GOOG

2 minute read

‘Colossal Strategic Threat:’ Ford EV Exec Says ‘We’d Better Get Fit Now’ On Chinese Rivalry After BYD Comes Knocking Closer Home

By Anan Ashraf

February 15, 4:15 AM

"They're going to come here, just as the Japanese ended up here, the Koreans ended up here and the Germans ended up here," he said.

BYDDY

3 minute read

New York City Sues TikTok, Facebook, YouTube In Their Home Turf Los Angeles Over Alleged Harm To Kids’ Mental Health

By Ananya Gairola

February 15, 12:15 AM

New York City has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat, and YouTube, accusing them of designing and marketing their platforms in a way that attracts, addicts young users, and causes mental health issues, despite the companies' claims of implementing safeguards and promoting safe online experiences for teens.

GOOG

2 minute read

Why Is Intel Stock Moving Higher Wednesday?

By Anusuya Lahiri

February 14, 2:47 PM

Intel Corp (NASDAQ: INTC) seeks $2B in equity for Irish plant. Brookfield invested $15B in Arizona expansion. Intel plans to launch Gaudi 3 AI accelerator in 2024.

AMD

2 minute read

Alibaba Seeks Growth Beyond China, Strategic Alliances in Gulf Countries Mark a New Chapter for Tech Giant

By Anusuya Lahiri

February 14, 2:43 PM

Alibaba seeks partnerships in Saudi Arabia and UAE, highlighting commitment to local markets. Strategic move to recover from challenges and expand global influence.

BABA