Nvidia announces GB200 Blackwell AI chip, launching later this year

Nvidia announces GB200 Blackwell AI chip, launching later this year

Nvidia CEO Jensen Huang Getty Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models. The announcement, made during Nvidia’s developer’s conference in San Jose, comes as the chipmaker seeks to solidify its position as the go-to supplier for AI companies. Nvidia’s share price is up five-fold and … Read more

U.S. retail sales in sharp focus

U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | 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 … Read more

Stubborn inflation is a problem for the Fed

Stubborn inflation is a problem for the Fed

Thomas Calomiris, a third generation produce vendor, weighs an onion at Eastern Market as the US struggles with rising inflation May 20, 2022, in Washington, DC. Brendan Smialowski | 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 … Read more

Sticky inflation muddies water for Fed

Sticky inflation muddies water for Fed

A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | 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 … Read more

Larry Ellison makes $15 billion from Oracle best day since 2021

Larry Ellison makes  billion from Oracle best day since 2021

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle founder Larry Ellison notched a $15 billion gain on Tuesday after shares of his software company had their best day in over two years and closed at a record. … Read more

Oracle stock surges 12% and heads for record close

Oracle stock surges 12% and heads for record close

Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Oracle stock spiked more than 12% during intraday trading on Tuesday and is on pace for a record close, a day after the company reported fiscal third-quarter earnings that beat analysts’ expectations. … Read more

Wall Street wary as inflation data looms

Wall Street wary as inflation data looms

Patria Stodghill talks with vender Susan Mendoza while shopping at Eastern Market as the US struggles with rising inflation May 20, 2022, in Washington, DC. Brendan Smialowski | 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 … Read more

Markets brace for key U.S. inflation gauge

Markets brace for key U.S. inflation gauge

A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | 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 you see? You can subscribe here. … Read more

Oracle (ORCL) earnings report Q3 2024

Oracle (ORCL) earnings report Q3 2024

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle reported quarterly earnings on Monday that exceeded Wall Street’s expectations. The shares rose over 10% in extended trading. Here’s how the company did: Earnings: … Read more

Parker Harris prepared Salesforce for AI. Now he’s focused on Slack

Parker Harris prepared Salesforce for AI. Now he’s focused on Slack

Parker Harris, a co-founder of Salesforce, speaks during a keynote at the company’s Dreamforce conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Each year, Salesforce updates its V2MOM, a planning document laying out vision, values, methods, obstacles and measures. CEO Marc Benioff has said it’s “been used to … Read more