Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second quarter as the company struggles to capture demand from artificial intelligence chip leader…

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Jim Cramer says Trump’s latest round of tariffs isn’t ‘meaningful’

Jim Cramer says Trump’s latest round of tariffs isn’t ‘meaningful’

CNBC’s Jim Cramer on Monday told investors that President Donald Trump’s new slate of tariffs might not have staying power, and he cautioned against doing any major selling. “We no longer believe that the tariff numbers the president’s throwing around are meaningful,” Cramer said, referring to his outlook for the CNBC Investing Club’s Chartable Trust….

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Why ‘big beautiful bill’ doesn’t end taxes on Social Security benefits

Why ‘big beautiful bill’ doesn’t end taxes on Social Security benefits

Republican presidential nominee former President Donald Trump speaks at a campaign rally in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Rourke | AP The Social Security Administration sent what experts say is a misleading email to consumers last week, describing President Donald Trump’s “one big beautiful bill” as “long-awaited tax relief to millions of older…

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CoreWeave, Core Scientific shares fall after firms confirm  billion deal: CNBC Crypto World

CoreWeave, Core Scientific shares fall after firms confirm $9 billion deal: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, major cryptocurrencies trade lower along with stocks as traders weigh the latest developments on the trade front. Plus, AI hyperscaler CoreWeave confirms it will acquire Core Scientific, a leading data center infrastructure provider. And, Bit…

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CoreWeave to acquire Core Scientific in  billion all-stock deal

CoreWeave to acquire Core Scientific in $9 billion all-stock deal

CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025. Chip Somodevilla | Getty Images Artificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. CoreWeave stock…

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Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth

Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. CNBC Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works…

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