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Stories published on Jun 11
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  • Stories published on Jun 11

Tuesday, Jun 11

00

Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California in February 2024 over breach of contract and fiduciary duty (Hayden Field/CNBC)

www.techmeme.com

Elon Musk withdraws his lawsuit against OpenAI, Sam Altman, and Greg Brockman, filed in California in February 2024 over breach of contract and fiduciary duty — Elon Musk on Tuesday withdrew his lawsuit against OpenAI and two of the…

23

Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+ (Jordan Novet/CNBC)

www.techmeme.com

Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+ — Oracle shares jumped as much as 9% in extended trading on Tuesday after the software…

22

Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company policies, more (Hayden Field/CNBC)

www.techmeme.com

Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company policies, more — OpenAI plans to allow stakeholders to sell a portion of their shares every…

16

Amazon, Natera And A Financial Stock: CNBC's 'Final Trades'

www.benzinga.com

On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management expects Amazon.com, Inc. (NASDAQ:AMZN) to go higher.

09

CNBC Daily Open: Musk threatens Apple ban

www.cnbc.com

Elon Musk threatened to ban Apple devices from his companies over the iPhone-maker's partnership with OpenAI.

Monday, Jun 10

21

18

AI startup Perplexity accused of ‘directly ripping off’ news outlets like Forbes, CNBC without proper credit

nypost.com

Popular up-and-coming AI startup Perplexity has been “directly ripping off” articles written by news outlets such as CNBC and Forbes without giving proper credit or attribution, according to a scathing report.

15

Nike, Merck, General Motors, And More: CNBC's 'Final Trades'

www.benzinga.com

Liz Young of SoFi recommends Energy Select Sector SPDR Fund as her final trade on CNBC's Halftime Report. Jim Lebenthal of Cerity Partners picks General Motors, while Jason Snipe of Odyssey Capital Advisors chooses Merck. Stephanie Link of…

09

CNBC Daily Open: Far right gains in EU elections

www.cnbc.com

Populist, far-right parties won record support in this year's European Parliament elections, exit polls indicated late on Sunday.

Saturday, Jun 8

18

Africa’s Golden Opportunity’ Documentary on Ghana to Premiere on CNBC Africa

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, GNA, https://newsghana.com.gh/africas-golden-opportunity-documentary-on-ghana-to-premiere-on-cnbc-africa/A new documentary film highlighting diverse investment opportunities in Ghana…

Friday, Jun 7

00

CNBC Guest Dies Unexpectedly From Brief Illness

www.sarahpalin.com

Ben White, a prominent economic journalist who was formerly chief economic correspondent for Politico, passed away at a young age after a brief illness. Known for his insightful “Morning Money” column analyzing financial and policy issues,…

15

AbbVie, Amazon, Goldman Sachs And 2 Major Health Care Stocks On CNBC's 'Final Trades'

www.benzinga.com

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said AbbVie Inc. (NYSE:ABBV) is a very solid pharmaceutical company. The company has good dividend yield and attractive valuations, he added.

10

CNBC Daily Open: Roaring Kitty YouTube live, advisory group against Musk's $56 billion pay

www.cnbc.com

Shares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.

03

CNBC Daily Open: Roaring Kitty YouTube live

www.cnbc.com

Shares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.

Thursday, Jun 6

19

CNBC's Inside India newsletter: Modi's loss could be India's gain

www.cnbc.com

Wall Street analysts expect Indian stock markets to rise 12-15% annually over the next five years.

17

'Cramer Coin' Surges After Jim Cramer Mention On CNBC: 'I Wasn't Going To Bring It Up...'

www.benzinga.com

While SEC Chair Gary Gensler‘s interview with Jim Cramer on CNBC was mostly focused on the spot Ethereum ETFs, a fleeting mention of Cramer Coin (CRAMER) spiked the price of a Cramer-themed meme coin.

16

Apple, Waste Connections And More On CNBC's 'Final Trades'

www.benzinga.com

On CNBC's "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named Apple Inc. as his final trade.

09

CNBC Daily Open: Nvidia pushes past $3 trillion

www.cnbc.com

The S&P 500 rose to a record after Nvidia crossed through the $3 trillion barrier and softer-than-expected jobs data raised hopes for a rate cut.

Wednesday, Jun 5

23

Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft (Kif Leswing/CNBC)

www.techmeme.com

Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft — Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial…

16

Alphabet, Ventas, ASML And A Pharmaceutical Giant On CNBC's 'Final Trades'

www.benzinga.com

Jim Lebenthal of Cerity Partners named Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as his final trade on CNBC's “Halftime Report Final Trades.”