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SpaceX's historic IPO plans: Billions in losses and Musk's massive ownership
SpaceX filed for an IPO and plans to list on Nasdaq under ticker SPCX, according to its SEC prospectus.
Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei
Nvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.
Nvidia earnings takeaways: Data center revenue nearly doubles, report is strong but stock slides
On the earnings call with analysts, CEO Jensen Huang explains the reason behind the chipmaker's reporting change.
Anthropic set to hit $10.9 billion in revenue during second quarter, source says
If Anthropic hits the revenue target, it will post its first profitable quarter, a source told CNBC
SpaceX is poised to be the biggest IPO ever. Here are the top U.S. deals to date
Before SpaceX's upcoming IPO sets an expected record, Alibaba, Facebook and Visa raised historic sums in the U.S.
Jim Cramer says the world of tech investing has changed and it's not going back
CNBC's Jim Cramer said semiconductor and AI infrastructure stocks have replaced software as the market's technology leaders.
Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth
Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.
Bezos defends billionaires, hypes AI, talks taxes and praises Trump in CNBC interview
Jeff Bezos rejected accusations that Amazon's decision to release a documentary on first lady Melania Trump was an effort to curry favor with the president.
What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors
It's a major win for Goldman's dealmaking division.
Mamdani fires back at Bezos over Queens teacher tax remark
Amazon founder Jeff Bezos called for eliminating federal income taxes on the bottom half of earners as Mamdani pushes a luxury second-home tax in New York City.
Airbnb adds hotels, car rentals. Chesky says app can become an 'Amazon for services'
Airbnb on Wednesday added new services and independent hotels to its platform in its latest expansion move in the travel industry.
Zuckerberg's Meta layoffs memo: 'Success isn't a given' in the AI era
Meta on Wednesday commenced its latest round of layoffs, which affect about 10% of the company's workforce or roughly 8,000 jobs.
Cheap AI could derail OpenAI and Anthropic's IPOs
Chinese AI labs are matching American frontier capability at a fraction of the cost.
OpenAI to confidentially file for IPO as soon as Friday: Source
OpenAI is working with banks including Goldman Sachs and Morgan Stanley.
Crypto companies are trying to leave the hype cycle for a more disciplined phase, earnings show
Crypto companies spent years monetizing volatility. Now they're trying to survive without it.
Bezos says 2-3 year timeline for space data centers is a 'little ambitious'
Space companies are racing to make data centers in space a reality, as artificial intelligence skyrockets demand for energy and land resources.
Bezos brushes off concerns of an AI bubble: 'You shouldn't worry about it'
Amazon founder Jeff Bezos shrugged off concerns of a looming AI bubble, saying the massive investments will ultimately drive the technology forward over time.
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Mercury has emerged as one of a select group of fintech firms, like Ramp and Stripe, that continued to thrive after the collapse of pandemic-era valuations.
College career path ‘over’ as skilled trade get 30% pay bump, recruitment giant says
"I would say you can make a good career and good money in skilled trade. That's definitely a career track," CEO of world's largest recruitment firm told CNBC.
Treasury yields surge, Target earnings, 'doomjobbing' and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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