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Broadcom’s stock pops on mystery $10 billion AI customer

cnbc.com Kif Leswing Ari Levy 2025-10-10 13:17:30

Broadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the current quarter. The stock rose in extended trading after the company said it had secured $10 billion in orders from a new client for custom chips. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share: $1.69 adjusted vs. $1.65 expected $1.69 adjusted vs. $1.65 expected Revenue: $15.96 billion vs. $15.83 billion expected Broadcom said it expects $17.4 billion

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Get Ready to Marathon ‘The Twilight Saga’ on YouTube, Loca

gizmodo.com Sabina Graves 2025-10-10 17:30:06

The millennial internet’s vampire and werewolf boyfriends are back to celebrate the young adult romantasy’s cinematic debut 15 years ago. The films propelled current Batman Robert Pattinson into superstardom alongside indie darling Kristen Stewart and Taylor Lautner. Lionsgate had already announced a re-release for The Twilight Saga in theaters; to go with that, there’s now an internet streaming event, starting September 7. First up is the YouTube marathon for the chronically online fan, where

Topics: films lionsgate saga team twilight

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Tech companies pledge to ready Americans for an AI-dominated world

theverge.com Lauren Feiner 2025-10-10 17:28:57

First Lady Melania Trump hosted a meeting of the White House’s AI education task force where several CEOs touted their commitments. President Donald Trump is expected to host tech CEOs in the Rose Garden later on Thursday, with an invite list that includes Meta’s Mark Zuckerberg, Apple’s Tim Cook, and OpenAI’s Sam Altman, The Hill reported . Google said it would allocate $150 million of the $1 billion it already pledged toward education and job training to “grants to support AI education and di

Topics: ai education free million offering

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Figma's stock slumps almost 20% after first earnings report to lowest since IPO

cnbc.com Ari Levy 2025-10-10 21:03:30

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor's initial public offering in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely in line with expectations, as Figma had issued preliminary results a little over a month ago. Revenue increased 41% from a year earlier to $249.6 million, slightly topping analysts' estimates of $248.8 million, according to LSEG. Analys

Topics: analysts company figma largely million

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Salesforce slump deepens as stock drops nearly 5% on weak guidance

cnbc.com Ari Levy 2025-10-10 21:01:44

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped nearly 5%, bringing its decline for 2025 to 27%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for the

Topics: 10 analysts billion revenue salesforce

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Broadcom reports 63% jump in AI revenue as results beat estimates

cnbc.com Kif Leswing Ari Levy 2025-10-10 21:44:31

Broadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the current quarter. The stock was little changed in extended trading. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share: $1.69, adjusted, versus $1.65 expected $1.69, adjusted, versus $1.65 expected Revenue: $15.96 billion versus $15.83 billion expected Broadcom said it expects $17.4 billion in fourth-quarter revenue, higher than the $17.02 billion expected

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The fastest growing AI chatbot lately? It's not ChatGPT or Gemini

zdnet.com Lance Whitney 2025-10-11 01:02:00

Matthias Balk/picture alliance via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Copilot has been the fastest-growing AI chatbot in recent months. Use of Google Gemini is also surging. ChatGPT still enjoys the greatest number of users. Do you use Microsoft Copilot, Google Gemini, or ChatGPT on your PC or mobile device? If so, you're in good company. The number of people who turn to these three AI-powered chatbots grew from March to June this year,

Topics: ai chatgpt million mobile use

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Salesforce slump deepens as stock drops more than 5% on weak guidance

cnbc.com Ari Levy 2025-10-11 05:26:14

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped more than 5%, bringing its decline for 2025 to 27%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for t

Topics: 10 analysts billion revenue salesforce

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Copilot, Gemini, and ChatGPT use surge, but one AI tool is outshining the rest

zdnet.com Lance Whitney 2025-10-11 05:26:01

Microsoft / Elyse Betters Picaro / ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Copilot has been the fastest-growing AI chatbot in recent months. Use of Google Gemini is also surging. ChatGPT still enjoys the greatest number of users. Do you use Microsoft Copilot, Google Gemini, or ChatGPT on your PC or mobile device? If so, you're in good company. The number of people who turn to these three AI-powered chatbots grew from March to June this year, acco

Topics: ai chatgpt million mobile use

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France slaps Google with €325M fine for violating cookie regulations

bleepingcomputer.com Unknown 2025-10-11 17:58:05

The French data protection authority has fined Google €325 million ($378 million) for violating cookie regulations and displaying ads between Gmail users' emails without their consent. During several investigations between 2022 and 2023, the National Commission on Informatics and Liberty (CNIL) found that Google's Gmail email service displayed advertisements in the "Promotions" and "Social" tabs without the consent of Gmail users, thereby breaching Article L. 34-5 of the French Postal and Elect

Topics: consent cookies google million users

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Salesforce slump deepens as stock drops 7% on disappointing guidance

cnbc.com Ari Levy 2025-10-11 21:49:51

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. A bad year just got worse for Salesforce . Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce's stock slumped 8%, bringing its decline for 2025 to 28%. That's the worst performance in large-cap tech. Revenue increased 10% in the fiscal second quarter from a year earlier, cracking double-digit growth for the first t

Topics: 10 analysts billion revenue salesforce

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Figma's stock slumps 18% after first earnings report to lowest since IPO

cnbc.com Ari Levy 2025-10-12 01:51:22

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor's IPO in July after the company reported earnings for the first time as a public company. Results for the second quarter were largely inline with expectations, as Figma had issued preliminary results a little over a month ago. Revenue increased 41% from a year earlier to $249.6 million, slightly topping analyst estimates of $248.8 million, according to LSEG. Analysts at Piper Sandler des

Topics: company figma largely million shares

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Apple highlights Brazilian study on domestic App Store performance

9to5mac.com Marcus Mendes 2025-10-12 01:04:13

As the App Store faces increasing regulatory pressure in Brazil, a study highlighted by Apple today shows that iOS apps generated R$63.8 million ($11.7 million) in the country last year, with most of that revenue incurring no commission. Here are the details. A bit of background Like in many countries around the world, Apple has been fighting an uphill battle in Brazil, hoping to convince local regulators to keep the App Store model intact. In late 2022, MercadoLibre, Latin America’s biggest

Topics: app apple million store study

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Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation

techcrunch.com Connie Loizos 2025-10-12 21:13:51

In Brief French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The two-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, its AI chatbot built for European audiences. Mistral isn’t commenting on the report, but the round would represent Mistral’s first major raise since June 2024,

Topics: ai billion european mistral year

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Alphabet adds $230 billion in value after avoiding breakup in antitrust case

cnbc.com Arjun Kharpal 2025-10-13 05:06:50

Alphabet shares rose 9.14% on Wednesday as investors viewed the result of Google's antitrust case as broadly favorable to the tech giant. Wednesday's gain added $234 billion to the company's market cap. Apple closed 3.81% higher, adding $130 billion to its cap. The U.S. Department of Justice had proposed a sort of breakup of Google, which included divesting its Chrome browser, in an antitrust case that began in September 2023. While Google was found to hold an illegal monopoly in its core mar

Topics: antitrust apple billion chrome google

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Figma's stock plunges after company's first earnings report since IPO

cnbc.com Jordan Novet 2025-10-13 05:44:04

Dylan Field, co-founder and CEO of Figma, center, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma Inc. shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc. Figma shares plunged 13% in extended trading on Wednesday after the design software company reported re

Topics: company figma million quarter revenue

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Salesforce issues weak revenue guidance even as earnings beat estimates

cnbc.com Jordan Novet 2025-10-13 05:32:43

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here's how the company did in comparison with LSEG consensus: Earnings per share: $2.91 adjusted vs. $2.78 expected $2.91 adjusted vs. $2.78 expected Revenue: $10.24 billion vs. $10.14 billion expected Revenue incre

Topics: billion earnings revenue salesforce share

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OpenAI boosts size of secondary share sale to $10.3 billion

cnbc.com Mackenzie Sigalos Ashley Capoot 2025-10-13 09:50:48

OpenAI is increasing the size of its secondary share sale by more than $4 billion, CNBC has learned. The artificial intelligence startup is giving eligible current and former employees the opportunity to sell roughly $10.3 billion in stock, up from the $6 billion it was initially targeting, according to a person familiar with the offering. The sale will be at a $500 billion valuation, in line with expectations, said the person, who asked not to be named because the details are private. OpenAI'

Topics: billion employees openai person sell

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Anthropic Rakes in $183B Valuation as It Takes on Musk, Altman

gizmodo.com Riley Gutiérrez Mcdermid 2025-10-13 13:00:51

Anthropic, the AI startup behind the Claude family of models, has secured a $13 billion Series F financing at a staggering $183 billion post-money valuation, nearly tripling its worth since March. Anthropic is backed by Amazon and Google-parent Alphabet. The company said that the round was led by ICONIQ Capital and co-led by Fidelity and Lightspeed Venture Partners, with institutional heavyweights such as BlackRock, GIC, Qatar Investment Authority, Ontario Teachers’ Pension Plan, and Coatue am

Topics: ai anthropic billion company valuation

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With AI Boom, Dell's Datacenter Biz Is Finally Bigger Than Its PC Biz

news.ycombinator.com Timothy Prickett Morgan 2025-10-11 01:48:58

Every OEM in the world has two choices. Choice One: Sell the Nvidia AI hardware and software stack and boost the top line while diluting operating income in their systems businesses. Choice Two: Get basically no AI revenues at all excepting an AMD deal here and there and, in the case of Hewlett Packard Enterprise and Dell and Lenovo every once in a while, some fairly large system sales to HPC national labs every four years. Get nothing incremental above and beyond traditional server sales to e

Topics: ai billion dell percent year

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Want a folding iPhone? Apple is making a bigger bet than ever that you will next year

zdnet.com Jason Hiner 2025-10-14 16:56:00

Apple's iPhone 16 Pro Max next to Samsung's Galaxy Z Fold 7. Jason Hiner/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways The reliable supply chain reporter Ming-Chi Kuo says Apple just boosted its folding iPhone plans. Apple will reportedly boost 2026 manufacturing to 8-10 million and 2027 to 20-25 million. That is far beyond the 2.4 million units Samsung plans to sell for its recent Fold 7 device. Supply chain analyst Ming-Chi Kuo issued a new report on T

Topics: apple fold iphone million samsung

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Apple is pointing toward 8M folding iPhones in 2026 - tripling Samsung's Fold 7

zdnet.com Jason Hiner 2025-10-15 02:56:00

Apple's iPhone 16 Pro Max next to Samsung's Galaxy Z Fold 7. Jason Hiner/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways The reliable supply chain reporter Ming-Chi Kuo says Apple just boosted its folding iPhone plans. Apple will reportedly boost 2026 manufacturing to 8-10 million and 2027 to 20-25 million. That is far beyond the 2.4 million units Samsung plans to sell for its recent Fold 7 device. Supply chain analyst Ming-Chi Kuo issued a new report on T

Topics: apple fold iphone million samsung

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Disney will pay $10 million to settle FTC complaint that it collected children's data on YouTube

engadget.com Unknown 2025-10-15 09:36:47

The Federal Trade Commission announced that Disney will pay $10 million to settle allegations that the entertainment giant allowed data collection on YouTube videos meant for children. Under the Children's Online Privacy Protection Rule, also known as COPPA , companies are required to notify parents and obtain parental consent if they collection information from minors. According to the FTC complaint, Disney failed to properly label some YouTube videos as "Made for Kids," which allowed the compa

Topics: disney kids million videos youtube

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Kuo: Apple just increased its folding iPhone plans for 2026 - will triple Samsung's Z Fold 7

zdnet.com Jason Hiner 2025-10-15 12:56:00

Apple's iPhone 16 Pro Max next to Samsung's Galaxy Z Fold 7. Jason Hiner/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways The reliable supply chain reporter Ming-Chi Kuo says Apple just boosted its folding iPhone plans. Apple will reportedly boost 2026 manufacturing to 8-10 million and 2027 to 20-25 million. That is far beyond the 2.4 million units Samsung plans to sell for its recent Fold 7 device. Supply chain analyst Ming-Chi Kuo issued a new report on T

Topics: apple fold iphone million samsung

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Kuo: Apple just increased its folding iPhone plans for 2026 - will triple Samsung's Fold 7

zdnet.com Jason Hiner 2025-10-15 17:56:37

Apple's iPhone 16 Pro Max next to Samsung's Galaxy Z Fold 7. Jason Hiner/ZDNET Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways The reliable supply chain reporter Ming-Chi Kuo says Apple just boosted its folding iPhone plans. Apple will reportedly boost 2026 manufacturing to 8-10 million and 2027 to 20-25 million. That is far beyond the 2.4 million units Samsung plans to sell for its recent Fold 7 device. Supply chain analyst Ming-Chi Kuo issued a new report on T

Topics: apple fold iphone million samsung

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Apple is already raising iPhone Fold expectations in a big way, per report

9to5mac.com Ryan Christoffel 2025-10-15 21:13:49

Apple’s first ‘iPhone Fold’ is still about a year away from launching, but according to a new analyst note, the company recently raised shipment expectations significantly for the new model. Kuo: Apple recently raised iPhone Fold shipment projections substantially We’re just days away from the iPhone 17 lineup’s full unveiling. But as happens often, rumors for next year’s iPhones are already heating up. The iPhone Fold will undoubtedly be the most exciting model in 2026’s iPhone 18 lineup. A

Topics: 10 apple fold iphone million

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Anthropic raises $13 billion funding round at $183 billion valuation

cnbc.com Ashley Capoot 2025-10-16 00:53:45

Dario Amodei, Anthropic CEO, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Anthropic on Tuesday announced it has closed a $13 billion funding round at a $183 billion post-money valuation, roughly triple what the artificial intelligence startup was worth as of its last raise in March. The most recent funding round was led by Iconiq, Fidelity Management & Research Company and Lightspeed Venture Partners. Other investors including Altimet

Topics: ai anthropic billion roughly said

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Salesforce is having a bad year. This is where investors want to see growth

cnbc.com Jordan Novet 2025-10-16 05:20:18

Marc Benioff, co-founder and CEO of Salesforce, attends the 50th World Economic Forum in Davos, Switzerland, on Jan. 21, 2020. There was a moment, during the pandemic-fueled growth days of 2020, when Salesforce surpassed Oracle by market cap. Marc Benioff had finally toppled his protege, Larry Ellison. That moment is long gone. Salesforce's stock price has dropped 25% this year, the worst performance in large-cap tech and the second-steepest decline in the Dow, beating only UnitedHealth . Mea

Topics: benioff billion company customer salesforce

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Anthropic is now valued at $183 billion

theverge.com Hayden Field 2025-10-16 05:32:12

is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. Posts from this author will be added to your daily email digest and your homepage feed. Anthropic, the AI startup behind Claude and one of OpenAI’s chief competitors, emerged from the holiday weekend with big news: A completed funding round of $13 billion, awarding the company a $183 billion post-money valuation. The company s

Topics: anthropic billion company run said

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Anthropic raises $13B Series F at $183B valuation

techcrunch.com Rebecca Bellan 2025-10-16 05:34:16

AI firm Anthropic has raised a $13 billion Series F round that brings its post-money valuation up to $183 billion – funds the company says will be used to grow its enterprise adoption, deepen safety research, and support international expansion. Iconiq co-led the round with Fidelity Management & Research Company and Lightspeed Venture Partners, according to the company’s blog post. Other backers include a string of institutional investors, VCs, sovereign wealth funds, private equity, and asset

Topics: 2025 billion company disrupt growth

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Latest Tech News

Broadcom’s stock pops on mystery $10 billion AI customer

Get Ready to Marathon ‘The Twilight Saga’ on YouTube, Loca

Tech companies pledge to ready Americans for an AI-dominated world

Figma's stock slumps almost 20% after first earnings report to lowest since IPO

Salesforce slump deepens as stock drops nearly 5% on weak guidance

Broadcom reports 63% jump in AI revenue as results beat estimates

The fastest growing AI chatbot lately? It's not ChatGPT or Gemini

Salesforce slump deepens as stock drops more than 5% on weak guidance

Copilot, Gemini, and ChatGPT use surge, but one AI tool is outshining the rest

France slaps Google with €325M fine for violating cookie regulations

Salesforce slump deepens as stock drops 7% on disappointing guidance

Figma's stock slumps 18% after first earnings report to lowest since IPO

Apple highlights Brazilian study on domestic App Store performance

Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation

Alphabet adds $230 billion in value after avoiding breakup in antitrust case

Figma's stock plunges after company's first earnings report since IPO

Salesforce issues weak revenue guidance even as earnings beat estimates

OpenAI boosts size of secondary share sale to $10.3 billion

Anthropic Rakes in $183B Valuation as It Takes on Musk, Altman

With AI Boom, Dell's Datacenter Biz Is Finally Bigger Than Its PC Biz

Want a folding iPhone? Apple is making a bigger bet than ever that you will next year

Apple is pointing toward 8M folding iPhones in 2026 - tripling Samsung's Fold 7

Disney will pay $10 million to settle FTC complaint that it collected children's data on YouTube

Kuo: Apple just increased its folding iPhone plans for 2026 - will triple Samsung's Z Fold 7

Kuo: Apple just increased its folding iPhone plans for 2026 - will triple Samsung's Fold 7

Apple is already raising iPhone Fold expectations in a big way, per report

Anthropic raises $13 billion funding round at $183 billion valuation

Salesforce is having a bad year. This is where investors want to see growth

Anthropic is now valued at $183 billion

Anthropic raises $13B Series F at $183B valuation

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