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AI part of another tech layoff as Wix CEO announces 20% workforce cut
Israel-based web development company Wix is cutting about 20% of its workforce, CEO Avishai Abrahami said.
U.S.-Iran strikes, Snowflake soars, Robinhood's new AI tools and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build
Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.
LG Energy Solution's shares surge as much as 16% after landing major U.S. battery storage deal
The deal comes as the South Korean battery company expands its energy storage systems business in the U.S.
Salesforce CEO Marc Benioff outlines his plan to turn around his struggling stock
Salesforce CEO Marc Benioff said the company’s strategy during its stock slump is to continue delivering strong products for customers and buy back shares.
Salesforce beats on earnings and revenue but full-year guidance comes in light
Salesforce has been hammered by investors on concern that artificial intelligence models and services will disrupt some traditional software products.
Jim Cramer says ask yourself this question when looking for AI winners to buy
CNBC's Jim Cramer said investors should stop focusing on how much a stock has already rallied and instead think about how much upside may still remain.
Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud
Snowflake is going deeper with Amazon's Web Services, and plans to use its Arm-based Graviton chips.
Amazon's top health exec is stepping down, will be replaced by Amwell co-founder
The company is tapping Dr. Roy Schoenberg, a cofounder of telemedicine provider Amwell, to replace Lindsay.
Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump
The purchase comes after Dell spent considerable time courting the White House and after President Trump urged purchases of the company's computers.
Meta to start testing AI subscription services, with cheapest plan at $7.99 a month
Meta confirmed Wednesday that it will begin testing two subscription plans for its AI offerings.
Zscaler tanks 31% for worst day ever on 'prudent' guidance, sales shakeup
Zscaler has shed half its value over the last year.
Signos grows foothold in weight loss wave fueled by GLP-1s with its AI health data tracking
Health tech startup Signos announced a $20 million funding round Wednesday, including an expanded partnership with medical device giant Dexcom.
Here’s our monthly update on all 33 portfolio stocks, including 4 to buy right now
AI stocks aren't the only place to put money to work, Jim Cramer said at the Investing Club's May Monthly Meeting.
Our top and bottom performing stocks in the market's record run over the past 6 weeks
Since our last Investing Club Monthly Meeting, the market overall and most of our portfolio stocks have powered higher.
Amazon starts selling its AI shopping technology to other retailers
Amazon said it's already signed up Kate Spade as a customer for its AI shopping technology.
Taiwan chip stocks climb after Nvidia announces $150 billion spending plans
Mainland China-based chip giants such as Cambricon saw their shares tumble on Wednesday.
UK spy chief: Time is running out for the West to confront threats from Russia and China
Britain and its allies face a “moment of consequence,” according to the head of its intelligence agency.
SK Hynix has surged 250% this year. Analysts say the AI-fueled rally may be only halfway done
Analysts say the AI memory cycle still has years to run, with limited new capacity and surging cloud investment supporting further upside for SK Hynix.
SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq
With SpaceX headed for the public markets next month, industry experts and people close to Elon Musk are speculating about a potential tie-up with Tesla.
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