Crypto showed up in force this election cycle, raising tens of millions to vote out the industry's critics and vote…
Category: News – CNBC
Data centers powering artificial intelligence could use more electricity than entire cities
The growing size of data centers is raising questions about power, land and the environment. ...
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other…
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue…
Gap shares surge as it raises guidance, touts ‘strong start’ to holiday
Gap said Old Navy's sales fell after hurricanes led to store closures and warm weather deterred sales in its kids…
Nvidia shares slump 3% in premarket as quarterly revenue growth slows
Despite nearly doubling sales year-on-year, Nvidia's third-quarter results show a slowdown from previous quarters. ...
U.S. closes embassy in Kyiv over potential ‘significant’ air attack as tensions with Russia soar
The U.S. has closed its embassy in Kyiv, warning that it has "received specific information of a potential significant air…
Comcast will announce the spinoff of cable networks Wednesday, sources say
Comcast is planning to announce the spinoff of its cable networks, including CNBC, MSNBC and E!, on Wednesday, according to…
European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there…
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Super Micro said on Monday that it hired BDO as its independent auditor. ...
Tesla stock pops 8% in premarket after report Trump wants to relax U.S. self-driving rules
Elon Musk was a central figure in the business world pushing for Trump's return to the White House in the…
Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses
The airline hasn't posted an annual profit since 2019 and lost more than $335 million in the first half of…