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AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand

AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand

Finance News

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD shares swung on Tuesday after CEO Lisa Su said the company’s overall revenue growth would expand to about […]

AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand Read More »

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

Finance News

CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall Read More »

Analysts call this lagging portfolio stock a buy — plus, what’s behind Nvidia’s decline

Analysts call this lagging portfolio stock a buy — plus, what’s behind Nvidia’s decline

Finance News

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 and Nasdaq were down Tuesday as Big Tech was pressured following CoreWeave’s quarterly results Monday evening. The AI infrastructure provider disappointed investors after lowering

Analysts call this lagging portfolio stock a buy — plus, what’s behind Nvidia’s decline Read More »

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Finance News

Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates. But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance,

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo Read More »

Oura expects close to billion in 2026 sales, almost doubling for the second consecutive year

Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year

Finance News

The Oura Ring 4. Courtesy: Oura The chief executive of Finland’s Oura told CNBC on Tuesday that he expects the wearable tech company to generate close to $2 billion in sales next year. The smart ring maker has upped its forecast as it invests in artificial intelligence and international expansion, hot on the heels of a

Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year Read More »

SoftBank rides the AI wave as OpenAI lifts Vision Fund to billion gain

SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

Finance News

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images Japanese giant SoftBank on Tuesday posted a $19 billion gain on its Vision Fund in its fiscal second quarter ended Sept. 30. The broader Vision Fund segment factors in non-investment

SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain Read More »

Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions

Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions

Finance News

The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group on Tuesday reported an increase in its second-quarter operating profit that beat expectations, while announcing a share buyback of up to 100 billion Japanese yen ($648

Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions Read More »

Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018

Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018

Finance News

Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for

Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018 Read More »

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

Finance News

Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates Read More »

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