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Nvidia CEO Huang says  billion stake in rival Intel will be ‘an incredible investment’

Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’

Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang said that the company’s $5 billion investment and technology collaboration with Intel comes after the two companies held discussions for nearly a year. Huang said that he communicated personally […]

Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’ Read More »

Trump’s pressure on the media is mounting with Kimmel sidelined ‘indefinitely’

Trump’s pressure on the media is mounting with Kimmel sidelined ‘indefinitely’

Show host Jimmy Kimmel delivers his opening monologue at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024. Mike Blake | Reuters President Donald Trump’s pressure on media companies is mounting. On Wednesday, the Walt Disney Co. pulled “Jimmy Kimmel Live!” off the air “indefinitely” from its ABC network after the

Trump’s pressure on the media is mounting with Kimmel sidelined ‘indefinitely’ Read More »

Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook

Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook

Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell more than 9% in morning trading. Here’s what the company

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Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes 

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes 

Ruth Jones, immunization nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center in Miami, Florida, on May 29, 2025. Joe Raedle | Getty Images Covid shot access and coverage in the U.S. hang in the balance as an influential government vaccine panel hand-picked by Health and Human Services Secretary Robert

Covid shot access, coverage at stake as RFK Jr.’s hand-picked vaccine panel convenes  Read More »

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day

NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker to lower its expected operating profit margin for 2025. The new targets call for an operating profit margin this year of between 6% and 7%, down from 7% to 8%, and an increase in revenue

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Spirit CEO braces employees for more job cuts as struggling airline will slash flights

Spirit CEO braces employees for more job cuts as struggling airline will slash flights

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.  Kevin Carter | Getty Images News | Getty Images Spirit Airlines CEO Dave Davis on Wednesday braced staff for more job cuts and said the carrier plans to slash its schedule in

Spirit CEO braces employees for more job cuts as struggling airline will slash flights Read More »

AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling

AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang Read More »

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

Cracker Barrel stock falls 10% as company reports mixed earnings after rebrand controversy

In an aerial view, a Cracker Barrel sign featuring the old logo hangs on a sign outside of a restaurant on Aug. 27, 2025 in Florida City, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store said Wednesday the restaurant chain is focusing on enhancing its experiences for guests after it faced intense

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Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced

Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week that live events are more central than ever to culture and commerce in a post-pandemic world. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, the executives said that the high demand for in-person events has been unmistakable.

Live Nation CEO touts soaring demand, says concert tickets are still relatively underpriced Read More »

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