Finance News Archives | Page 8 Of 209

Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence. The world’s largest memory […]

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Alphabet’s market cap surpasses Apple’s for first time since 2019

Finance News

Google CEO Sundar Pichai gives a thumbs up as he arrives to attend the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019. Alphabet’s market cap closed at $3.88 trillion on Wednesday.

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Air taxi maker Joby buys new Ohio factory, more than doubles manufacturing footprint as it vies for FAA approval

Finance News

An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and

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Amazon’s AI shopping tool sparks backlash from online retailers that didn’t want websites scraped

Finance News

Packages in a United States Postal Service (USPS) truck near the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 24, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has angered some online retailers that say they didn’t consent to have their products scraped and listed on the e-commerce giant’s sprawling

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This climate startup is taking recycling to the next level, with shower water beer

Finance News

A startup in the clean-water space is making a curious bet on beer. Curious, because the beer is made from recycled shower and laundry water. San Francisco-based Epic Cleantec launched in 2015 as a wastewater recycling company using its proprietary technology to clean and reuse water in office and apartment buildings. At the time, CEO

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Huang says Nvidia seeing ‘very high’ Chinese customer demand for H200 AI chips

Finance News

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia CEO Jensen Huang on Tuesday said that the company is seeing “very high” customer demand in China for its H200 AI chips, which

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Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand

Finance News

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta Platforms said Tuesday that it’s delaying the international expansion of its

Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand Read More »

Maduro pleads not guilty, Nvidia’s robotaxi play, JPMorgan’s ‘secret sauce’ and more in Morning Squawk

Finance News

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. We’re not even a week into the new year and I’ve already started telling myself that my resolution to read more can include reviewing drafts of this newsletter. Stock futures are little changed this morning. The market is coming off

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CNBC Disruptor 50 2026: Nominate a company to be included on the list of the most innovative startups

Finance News

CNBC is now accepting applications for the 2026 Disruptor 50 list — our fourteenth annual look at venture-backed companies innovating across industries, experimenting with AI and, increasingly, making it work at scale. The deadline for submissions is Monday, Feb. 23 at 11:59 pm EST. All independent, privately-owned companies founded after Jan. 1, 2011, are eligible,

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Elon Musk’s X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children

Finance News

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s X is being investigated by authorities in Europe, India and Malaysia after its Grok chatbot let users create and share AI-generated sexualized images of children and women. British media watchdog Ofcom also said it’s requested information from X, which is

Elon Musk’s X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children Read More »

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