Fireworks hits $17.5 billion valuation and $1B in annualized revenue
Fireworks founders pose for a photo at the startup’s headquarters in San Mateo, California. From left in front…
OpenAI, Anthropic new AI spending reality as users shift to efficiency
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam…
Delivery Hero shares rise 10% as rival Uber mulls another takeover bid
Shares in Delivery Hero rose over 10% on Monday morning following a Financial Times report that U.S. rival…
U.S. consumer sentiment hits new lows amid inflation and war
American consumers have been pessimistic for so long that now economists are wondering when — or even if…
Cerebras prices IPO above expected range, Wall Street expects AI flood
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share, above the expected…
Retailers hire big, defying consumer warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in…
Stocks making the biggest moves midday: KKR, BX, CRWD, IP
Check out the companies making the biggest moves midday: Financials — The financials sector of the S &…
Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18,…
China’s Pony.ai shares drop 12%, WeRide down 13% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide…
AMD and Palantir set to report in another busy week
Another busy week of earnings lies ahead. About 130 S & P 500 companies are set to report…
Buffett’s Berkshire Hathaway, Walmart among the companies with the most to gain from deploying AI
(This is an actual research report from Trivector’s Adam Parker, reprinted for CNBC Pro subscribers with permission. Click…
‘Don’t quit the market’ when it’s frothy, says Jim Cramer. Here’s why
CNBC’s Jim Cramer on Thursday said that although the market may be frothy, investors shouldn’t quit because there…