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Stories published on May 28
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  • Stories published on May 28

Tuesday, May 28

22

HubSpot shares jump 8%+ after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company (Jennifer Elias/CNBC)

www.techmeme.com

HubSpot shares jump 8%+ after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company — HubSpot shares rallied 9% on Tuesday after CNBC's David Faber reported that Alphabet is looking at an all-stock…

18

HubSpot Shares Climb After CNBC Anchor Confirms Alphabet Acquisition Rumor

www.benzinga.com

CNBC's David Faber seemingly confirmed Alphabet's rumored acquisition of the cloud-based growth platform. "There have been many reports about HubSpot being in conversations with Google," Faber said. "My understanding is absolutely true,…

16

Netflix, IBM And A Big Bank On CNBC's 'Final Trades'

www.benzinga.com

Analyst Stephen Weiss praised Netflix; viewers reportedly watched over 90 billion hours of content in the second half of 2023, alone.

14

T-Mobile plans to acquire most of UScellular, including its stores, some of its spectrum assets, and its customers, in a $4.4B deal, including up to $2B of debt (CNBC)

www.techmeme.com

T-Mobile plans to acquire most of UScellular, including its stores, some of its spectrum assets, and its customers, in a $4.4B deal, including up to $2B of debt — Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced…

10

CNBC Daily Open: Musk's artificial intelligence startup raises $6 billion

www.cnbc.com

Elon Musk's artificial intelligence startup, xAI, secured $6 billion in Series B funding, valuing the company at $24 billion.

Saturday, May 25

08

Similarweb: Truth Social's average number of US monthly visits was just over 4M from May 2023 to April 2024, down 39%+ from the prior 12-month period (Kevin Breuninger/CNBC)

www.techmeme.com

Similarweb: Truth Social's average number of US monthly visits was just over 4M from May 2023 to April 2024, down 39%+ from the prior 12-month period — Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto…

05

A look at the challenges facing AWS' new CEO Matt Garman as the cloud unit battles the perception that it's falling behind Microsoft and Google in AI rollouts (Annie Palmer/CNBC)

www.techmeme.com

A look at the challenges facing AWS' new CEO Matt Garman as the cloud unit battles the perception that it's falling behind Microsoft and Google in AI rollouts — In May 2023, Amazon CEO Andy Jassy was asked by an attendee at the annual…

Friday, May 24

17

Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from ~$3B to $90B+ in five years, as the stock grew 28x, including more than doubling so far in 2024 (Kif Leswing/CNBC)

www.techmeme.com

Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from ~$3B to $90B+ in five years, as the stock grew 28x, including more than doubling so far in 2024 — Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth…

16

Nasdaq, Archer-Daniels-Midland And More On CNBC's 'Final Trades'

www.benzinga.com

Joshua Brown of Ritholtz Wealth Management named Nasdaq, Inc. as his final trade on CNBC's "Halftime Report Final Trades."

09

CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop

www.cnbc.com

Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

03

CNBC Daily Open: Dow sinks 600 points, Nvidia soars

www.cnbc.com

Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

Thursday, May 23

19

CNBC's Inside India newsletter: The secret of the stock market rally

www.cnbc.com

Squirreling away a portion of one's income for a rainy day would typically be considered prudent behavior. Yet, in India, it's helping make stocks overvalued.

17

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints (CNBC)

www.techmeme.com

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints — The U.S. Department of Justice is suing to break up Live Nation, the parent…

15

Walmart, Vertex Pharmaceuticals And More On CNBC's 'Final Trades'

www.benzinga.com

Walmart Inc. reported a "really strong" quarter, with e-commerce sales surging 21%. Adjusted EPS was 60 cents.

09

CNBC Daily Open: Nvidia shares soar on AI boom

www.cnbc.com

Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs.

07

CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate

cointelegraph.com

CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment.

05

CNBC Daily Open: Nvidia shares top $1,000 on AI boom

www.cnbc.com

Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs.

Wednesday, May 22

23

Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours (Kif Leswing/CNBC)

www.techmeme.com

Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours — Nvidia shares topped $1,000 for the first time in extended trading on…

20

Amazon plans to charge for AI version of Alexa voice assistant, CNBC reports

www.ksl.com

Amazon.com is working on an artificial intelligence-driven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs.