Bill McDermott, chief executive officer of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 10, 2025. David Paul Morris | Bloomberg | Getty Images ServiceNow reported third-quarter results on Wednesday that blew past Wall Street’s estimates, with the company also approving a five-for-one stock…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 turned slightly lower Wednesday afternoon after Federal Reserve Chairman Jerome Powell said a December interest rate cut was not a…
NEW CARLISLE, Indiana — A year ago, it was farmland. Now, the 1,200-acre site near Lake Michigan is home to one of the largest operational AI data centers in the world. It’s called Project Rainier, and it’s the spot where Amazon is training frontier artificial intelligence models entirely on its own chips. Amazon and its…
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023. Ben Kriemann | Getty Images Microsoft will report results for its fiscal first quarter after the close of regular trading Wednesday. Here’s what analysts are expecting according to a consensus of estimates from LSEG: Earnings per share: $3.67 Revenue: $75.33 billion…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 and Nasdaq reached record intra-day highs again Wednesday, supported by strength in megacap tech. Club holding Nvidia is leading the pack. “The markets are…
The Snowflake Inc logo, which represents the American cloud computing-based data company that offers cloud-based storage and analytics services, is being displayed on their pavilion at the Mobile World Congress 2024 in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty Images Snowflake had to make a Securities and Exchange Commission filing…
Cfoto | Future Publishing | Getty Images Character.AI on Wednesday announced that it will soon shut off the ability for minors to have free-ranging chats, including romantic and therapeutic conversations, with the startup’s artificial intelligence chatbots. The Silicon Valley startup, which allows users to create and interact with character-based chatbots, announced the move as part of…
OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI on Wednesday announced two reasoning models that developers can use to classify a…
CEO of Apple Tim Cook looks at the new iPhone 16 with Siddharth Suryanarayan and Aditi Rao Hydari as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s Thursday earnings report is critical for investors because it includes the first…
Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio’s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in…
