Cohere CEO and ex-Google researcher Aidan Gomez on how AI makes money

Cohere CEO and ex-Google researcher Aidan Gomez on how AI makes money

Aidan Gomez was an intern at Google Brain in 2017, when he helped co-author the “Attention Is All You Need” paper that conceptualized the transformer and eventually kicked off the generative artificial intelligence boom. “There’s no one in the field who was around back then working who could have foreseen where we are in terms … Read more

SoftBank shares hit record high after 24 years on Arm and AI boost

SoftBank shares hit record high after 24 years on Arm and AI boost

Masayoshi Son, CEO of SoftBank, speaks during the company’s annual general meeting in Tokyo on June 20, 2024. Kosuke Okahara | Bloomberg | Getty Images SoftBank Group shares hit a record high on Thursday, just as the company’s massive tech investment arm shows signs of recovery and its outspoken founder Masayoshi Son emerged back into … Read more

Tesla powers S&P 500, Nasdaq to record highs

Tesla powers S&P 500, Nasdaq to record highs

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, … Read more

Tesla powers S&P 500, Nasdaq to record highs

Tesla powers S&P 500, Nasdaq to record highs

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. The New York Stock Exchange. Michael M. Santiago | Getty Images What you need to know today … Read more

Nasdaq, S&P 500 record, Topix reaches all-time high

Nasdaq, S&P 500 record, Topix reaches all-time high

The Exchange Square Complex, which houses the Hong Kong Stock Exchange. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose Thursday morning as Japan’s Topix crossed its all-time high of 2,886.50, previously set in December 1989. The Topix jumped 0.56% in early morning trading, while the Nikkei 225 rose 0.55%. The Nikkei is less than … Read more

Tesla soars, S&P closes above 5,500

Tesla powers S&P 500, Nasdaq to record highs

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 4, … Read more

U.S. needs more tungsten. China is a major supplier of the critical metal

U.S. needs more tungsten. China is a major supplier of the critical metal

Pictured here is a stone with tungsten ore inside a mine in Germany run by Saxony Minerals and Exploration. Picture Alliance | Picture Alliance | Getty Images BEIJING — China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off on sweeping restrictions on at least one: tungsten. … Read more

Nvidia and Apple get Investing Club price target hikes on AI potential

Nvidia and Apple get Investing Club price target hikes on AI potential

We’re raising our price targets on the Investing Club’s only “own it, don’t trade it” stocks — Nvidia and Apple — two mega-cap tech names that have been winners this year with more room to run. Nvidia We’re boosting our Nvidia price target to $150 per share from $120 — representing an increase of more … Read more

Japan, China, India PMI; Powell inflation comments

Japan, China, India PMI; Powell inflation comments

A block of industrial factories sits among newer apartment buildings along a canal in Tokyo, Japan.  Photo By Michael Russell | Moment | Getty Images Asia-Pacific markets opened higher on Wednesday, after U.S. Federal Reserve Chair Jerome Powell noted progress on inflation, but reiterated patience on cutting rates at a central banking forum. Traders in … Read more

‘Roaring Kitty’ gets chewed up, Nasdaq hits record

‘Roaring Kitty’ gets chewed up, Nasdaq hits record

Nasdaq closes at record high, Paramount streaming service on the block, ‘Roaring Kitty’ takes 6.6% Chewy stake Johannes Eisele | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more