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Stories published on Jun 13
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  • Stories published on Jun 13

Thursday, Jun 13

23

Adobe Q2: revenue up 10% YoY to $5.31B, vs. $5.29B est., Digital Media revenue up 11% to $3.91B, Digital Experience revenue up 9%; ADBE jumps 14%+ after hours (Jordan Novet/CNBC)

www.techmeme.com

Adobe Q2: revenue up 10% YoY to $5.31B, vs. $5.29B est., Digital Media revenue up 11% to $3.91B, Digital Experience revenue up 9%; ADBE jumps 14%+ after hours — Adobe shares jumped 17% in extended trading on Thursday after the design…

19

CNBC's Inside India newsletter: IPO boom looks to break new records

www.cnbc.com

India had a flood of listings in 2023, which hit a nine-year high of 238 with $7.35 billion raised. Could 2024 set a new record?

18

Donald Trump met ~12 bitcoin mining executives, and posted that he wants "all the remaining Bitcoin to be made in the USA" to help the US be "energy dominant" (MacKenzie Sigalos/CNBC)

www.techmeme.com

Donald Trump met ~12 bitcoin mining executives, and posted that he wants “all the remaining Bitcoin to be made in the USA” to help the US be “energy dominant” — This past Tuesday night in Palm Beach, Florida, about a dozen bitcoin mining…

15

Datadog, Uber, S&P Global And More: CNBC's 'Final Trades'

www.benzinga.com

Joseph M. Terranova of Virtus Investment Partners picked Datadog, Inc. (NASDAQ:DDOG) as his final trade on the Thursday edition of CNBC's “Halftime Report Final Trades.”

09

CNBC Daily Open: Fed signals just one rate cut

www.cnbc.com

The Fed expects to cut rates only once this year, down from the three quarter-point reductions projected after slow progress towards its inflation target.

05

Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier (Jordan Novet/CNBC)

www.techmeme.com

Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year earlier — Databricks, the data analytics software vendor that's among the most richly…

Wednesday, Jun 12

16

Uber, Apple, Meta And More: CNBC's 'Final Trades'

www.benzinga.com

Uber Technologies, Inc. (NYSE:UBER) is Altimeter CEO Brad Gerstner‘s stock pick on the latest edition of CNBC's “Halftime Report Final Trades.”

09

CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit

www.cnbc.com

Apple's shares rose to a record high a day after it announced its push into artificial intelligence after partnering up with OpenAI.

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.