A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City. Angela Weiss | 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 … Read more
Before Illia Polosukhin left Google in 2017, he had a brainstorming lunch and then returned to his desk to build what may have been the very first transformer, the neural network architecture that makes generative artificial intelligence possible. Now, Polosukhin is considered one of the founding fathers of modern AI. Polosukhin co-wrote the now famous … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City. Angela Weiss | 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 … Read more
Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Crypto companies are suddenly at the center of deal-making. The catalyst is artificial intelligence. Bitcoin mining companies have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They’re exactly the types … Read more
Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | 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. Like what … Read more
Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to … Read more
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares fell about 5% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on … Read more
Amazon CEO Andy Jassy. CNBC Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon joins Nvidia, Apple, Alphabet and Microsoft, all of which are worth $2 trillion or more. Investors have piled into tech stocks recently … Read more
Nvidia’s CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Sam Yeh | AFP | Getty Images Nvidia CEO Jensen Huang said on Wednesday that the company’s advantage in artificial intelligence chips was thanks to a bet it made over 10 years ago, centering on billions of … Read more
My top 10 things to watch Wednesday, June 26 The S & P 500 and Nasdaq are seeking another positive day after snapping three-session losing streaks Tuesday. After a few days out of favor, Nvidia soared nearly 7% to help boost the indexes. However, the Dow ‘s five-day winning streak came to an end Tuesday. … Read more
