The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday. As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion…
Goldman Sachs on Thursday topped expectations for fourth-quarter profit as equities trading and asset and wealth management produced nearly $900 million more in revenue than expected. Here’s what the company reported: Earnings: $14.01 per share. That may not compare with the $11.67 LSEG estimate. Revenue: $13.45 billion. That may not compare with the $13.79 billion…
In this photo illustration, a person holds a smartphone showing Ani, an anime-style virtual assistant character featured in the Grok 4 AI chatbot developed by xAI, with the Grok logo visible in the background on July 16, 2025 in Chongqing, China. Cheng Xin | Getty Images Elon Musk‘s xAI is now facing an investigation in…
Brian Chesky, co-founder and chief executive officer of Airbnb Inc., during a news conference in Los Angeles, California, US, on Wednesday, May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb has tapped Ahmad Al-Dahle, former head of generative artificial intelligence at Meta Platforms, as its news technology chief, CEO Brian Chesky announced on…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped 1% Monday, after Apple said it would use Google’s…
Apple is joining forces with Google to power its artificial intelligence features for products such as Siri later this year. The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer. “After careful evaluation, we determined that Google’s technology provides…
BlackRock came into 2026 with a clear investment plan built around three pillars: artificial intelligence, income, and diversification. Jay Jacobs, BlackRock’s head of equity exchange-traded funds, laid out ways in which ETFs fit into the shifting market bets from the world’s largest asset manager, which oversees more than $13 trillion from investors. Investors should remain…
Eugene Mymrin | Moment | Getty Images All computing devices require a part called memory, or RAM, for short-term data storage, but this year, there won’t be enough of these essential components to meet worldwide demand. That’s because companies like Nvidia, Advanced Micro Devices and Google need so much RAM for their artificial intelligence chips,…
Elon Musk looks on as President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Three Democratic senators are calling on Apple and Google to suspend the X and Grok apps from their stores,…
CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it…
