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Autonomous EV trucking company Einride going public in SPAC deal valuing it at .8 billion

Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion

The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check […]

Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion Read More »

Google sues cybercriminal group behind E-ZPass, USPS text phishing scams

Google sues cybercriminal group behind E-ZPass, USPS text phishing scams

Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images Google filed a lawsuit on Wednesday against a foreign cybercriminal group behind a massive SMS phishing, or “smishing,” operation. Dubbed by some cyber researchers as the “Smishing Triad,” the organization, which Google said is

Google sues cybercriminal group behind E-ZPass, USPS text phishing scams Read More »

CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms

CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in

CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms Read More »

Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says

Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says

Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025.   Stefan Wermuth | Bloomberg | Getty Images Despite rising trade tensions, Singapore still wants to push ahead with a “multilateral, rules-based trading system,” and sees further cooperation between ASEAN and

Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says Read More »

CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor

CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in

CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor Read More »

Lawmakers just released a much-awaited crypto market structure bill. Here’s what it means for digital assets and what comes next

Lawmakers just released a much-awaited crypto market structure bill. Here’s what it means for digital assets and what comes next

The U.S. Capitol is shown the morning after the Senate passed legislation to reopen the federal government on Nov. 11, 2025 on Capitol Hill in Washington, DC. Win McNamee | Getty Images The Senate Agriculture Committee has released a draft of its portion of a much-awaited digital assets market structure bill — a critical step

Lawmakers just released a much-awaited crypto market structure bill. Here’s what it means for digital assets and what comes next Read More »

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

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

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

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

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 »

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