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Benioff says he's 'inspired' by Palantir, but takes another jab at its prices

cnbc.com Jordan Novet 2025-09-25 09:01:35

Marc Benioff is keeping an eye on Palantir . The co-founder and CEO of sales and customer service management software company Salesforce is well aware that investors are betting big on Palantir, which offers data management software to businesses and government agencies. "Oh my gosh. I am so inspired by that company," Benioff told CNBC's Morgan Brennan in a Tuesday interview at Goldman Sachs ' Communacopia+Technology conference in San Francisco. "I mean, not just because they have 100 times, y

Topics: 10 benioff palantir revenue salesforce

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Adobe's stock gains on earnings, revenue beat

cnbc.com Jordan Novet 2025-09-27 21:22:12

An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. Adobe reported fiscal third-quarter results that topped analysts' estimates. The design software maker's shares rose in extended trading. Here's how the company did in comparison with LSEG consensus: Earnings per share: $5.31 adjusted vs. $5.18 expected $5.31 adjusted vs. $5.18 expected Revenue: $5.99 billion vs. $5.91 billion expected Revenue increased 11% from $5.41 billion a

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Google Cloud chief details how search giant is making billions monetizing its AI products

cnbc.com Jennifer Elias 2025-10-01 09:04:52

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Google's cloud chief Thomas Kurian on Tuesday explained how the tech giant is already monetizing its various artificial intelligence services to generate revenue. "We've made billions using AI already," said Kurian, speaking at the Goldman Sachs Communacopia and Technology Conference in San Francisco. Kurian said that Google Cloud's backlog of customer demand is growing faster than its reve

Topics: cloud google kurian revenue said

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Oracle soars 30% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-01 13:31:27

Oracle shares spiked 30 % Wednesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12% from $13.3 billion a year earlier during the quarter, which ended on Aug. 31, according to a s

Topics: billion cloud oracle quarter revenue

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Oracle pops 27% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-02 09:48:54

Oracle shares spiked 27% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here's how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12% from $13.3 billion a year earlier during the quarter, which ended on Aug.

Topics: billion cloud oracle revenue said

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Google Cloud chief details how search giants is making billions monetizing its AI products

cnbc.com Jennifer Elias 2025-10-02 12:58:32

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Google's cloud chief Thomas Kurian on Tuesday explained how the tech giant is already monetizing its various artificial intelligence services to generate revenue. "We've made billions using AI already," said Kurian, speaking at the Goldman Sachs Communacopia and Technology Conference in San Francisco. Kurian said that Google Cloud's backlog of customer demand is growing faster than its reve

Topics: cloud google kurian revenue said

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Oracle pops 22% on cloud growth projections even as earnings miss estimates

cnbc.com Jordan Novet 2025-10-02 13:51:35

Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump's meeting of the Artificial Intelligence Education Task Force at the White House. Oracle shares spiked 22% in extended trading on Tuesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates

Topics: billion cloud oracle revenue said

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Ramp says it has hit $1B in annualized revenue

techcrunch.com Julie Bort 2025-10-03 01:23:12

In Brief On Tuesday, Ramp answered any lingering questions as to why investors recently valued the expense management startup at $22.5 billion, just 45 days after a previous funding round valued it at $16 billion: the company says it has achieved $1 billion in annualized revenue. Annualized revenue refers to a company’s current revenue rate projected over a full year. In March, co-founder and CEO Eric Glyman told TechCrunch that Ramp had hit annualized revenue of $700 million. That’s $300 mill

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Snap breaks into ‘startup squads’ as ad revenue stalls

techcrunch.com Connie Loizos 2025-10-04 06:41:29

In Brief Snap is breaking itself apart and rebuilding from within. In a new annual company letter, CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to better compete against larger competitors. The move comes as the 5,000-person company faces mounting pressure. Advertising revenue growth flatlined at 4% in the second quarter, and North American daily active users declined 2% to 98 million, a troubling sign in Snap’s most important ma

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YouTube views are down (don't panic)

news.ycombinator.com Unknown 2025-10-04 21:22:38

Many YouTube content creators, myself included, noticed something in early to mid-August: views were down. After being on the platform since 2006 (though for me, not being a 'professional' YouTuber until about 5 years ago), I'm used to seasonal dips, adjustments after new tweaks to the algorithm or layout/design changes. But this was substantial. I had 4 10/10 videos in a row, which is unprecedented. I mean, my content could just be terrible all the sudden, and I've lost all but my core audie

Topics: like revenue view views youtube

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Broadcom stock jumps 9% on new $10 billion customer that analysts say is OpenAI

cnbc.com Ari Levy 2025-10-06 21:03:41

Analysts at Mizuho, Cantor Fitzgerald and KeyBanc all said they think AI startup OpenAI is the customer. The Financial Times reported on Thursday, citing people familiar with the partnership, that the two companies co-designed a chip that will hit the market next year. "One of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs," Tan said. He added that the order increased Broadcom's forecast for AI revenue next yea

Topics: analysts billion broadcom revenue year

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Broadcom stock jumps 11% on new $10 billion customer that analysts say is OpenAI

cnbc.com Ari Levy 2025-10-07 09:01:50

Analysts at Mizuho, Cantor Fitzgerald and KeyBanc all said they think AI startup OpenAI is the customer. The Financial Times reported on Thursday, citing people familiar with the partnership, that the two companies co-designed a chip that will hit the market next year. "One of these prospects released production orders to Broadcom, and we have accordingly characterized them as a qualified customer for XPUs," Tan said. He added that the order increased Broadcom's forecast for AI revenue next yea

Topics: analysts billion broadcom revenue year

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A Quarter of Nvidia's Revenue Comes From a Single Giant Customer

futurism.com Unknown 2025-10-07 20:06:09

In case you haven't heard, there might be a slight problem with the US economy: that it's being propped up by a tiny number of tech companies betting big on an AI revolution. Among the tech titans, no company is more important than the AI chip maker Nvidia. Often likened to a shovel seller during a goldrush, Nvidia's revenue has exploded in recent years, from $26.9 billion in 2023 to a heart stopping $130.5 billion in 2025. That unprecedented growth propelled Nvidia to become the first company

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Today is your last chance to exhibit your brand in front of 10K tech leaders at TechCrunch Disrupt 2025

techcrunch.com Techcrunch Events 2025-10-07 21:00:00

If you’re a founder who planned to wait until the last minute … this is it. Today is the final day to secure your exhibit table at TechCrunch Disrupt 2025. If you want to get in front of more than 10,000 startup and VC leaders, connect with media, and generate a nonstop pipeline this October, you need to act now. There are only a few tables left. Once they’re gone, they’re gone. Don’t let your competitor take the last table with your startup’s name on it. Book yours now. Image Credits:Halo Cr

Topics: 10 center disrupt table venue

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Broadcom stock jumps 15% on new $10 billion customer that analysts say is OpenAI

cnbc.com Ari Levy 2025-10-08 01:33:12

Broadcom shares soared 15% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that a fourth large customer had put in orders for $10 billion in custom artificial intelligence chips, which the company calls XPUs. "One of these prospects released production orders to Broadcom, and we have accordingly character

Topics: analysts billion broadcom revenue year

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

cnbc.com Ari Levy 2025-10-09 05:01:44

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 2025-10-09 05:44:31

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

cnbc.com Ari Levy 2025-10-09 13:26:14

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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Broadcom earnings primer: AI chip demand and growth are key

cnbc.com Ari Levy 2025-10-09 21:39:01

Broadcom is scheduled to report earnings for its fiscal third quarter after the close of regular trading on Thursday. Here's what analysts are expecting, according to a consensus from LSEG. Earnings per share: $1.65 $1.65 Revenue: $15.83 billion Broadcom, which develops custom chips for Google and other huge cloud companies and also makes networking gear needed to tie thousands of artificial intelligence chips together, is expected to report revenue growth of 21% from $13.07 billion a year a

Topics: 65 analysts broadcom chips revenue

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Salesforce slump deepens as stock drops 7% on disappointing guidance

cnbc.com Ari Levy 2025-10-10 05:49:51

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 plunges after company's first earnings report since IPO

cnbc.com Jordan Novet 2025-10-11 13:44:04

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 2025-10-11 13:32:43

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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Nvidia says two mystery customers accounted for 39% of Q2 revenue

techcrunch.com Anthony Ha 2025-10-17 14:40:49

Nearly 40% of Nvidia’s second quarter revenue came from just two customers, according to a filing with the Securities and Exchange Commission. On Wednesday, the chipmaker reported record revenue of $46.7 billion during the quarter that ended on July 27 — a 56% year-over-year increase largely driven by the AI data center boom. However, subsequent reporting highlighted how much of that growth seems to be coming from just a handful of customers. Specifically, Nvidia said that a single customer

Topics: customer customers disrupt nvidia revenue

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Marvell stock slumps 18% after chipmaker's data center revenue, forecast disappoint

cnbc.com Annie Palmer 2025-10-18 05:01:09

Shares of Marvell Technology plunged 18% on Friday after the artificial intelligence chipmaker's data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here's how the company did in comparison with LSEG consensus estimates: Earnings per share: 67 cents adjusted vs. 66 cents expected 67 cents adjusted vs. 66 cents expected Revenue: $2.01 billion vs. $2.01 billion expected Revenue jumped 58% from a year ago in the fiscal second quarter that ended A

Topics: billion cents company expected revenue

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Marvell stock slumps 16% after chipmaker's data center revenue, forecast disappoint

cnbc.com Annie Palmer 2025-10-18 17:58:02

Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker's data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here's how the company did in comparison with LSEG consensus estimates: Earnings per share: 67 cents adjusted vs. 66 cents expected 67 cents adjusted vs. 66 cents expected Revenue: $2.01 billion vs. $2.01 billion expected Revenue jumped 58% from a year ago in the fiscal second quarter that ended A

Topics: billion cents company expected revenue

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Marvell stock slumps 16% after data center revenue, forecast disappoint

cnbc.com Annie Palmer 2025-10-19 05:14:26

Marvell Technology Group Ltd. headquarters in Santa Clara, California, US, on Friday, Sept. 6, 2024. Shares of Marvell Technology plunged 15% on Friday after the artificial intelligence chipmaker's data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here's how the company did in comparison with LSEG consensus: Earnings per share: 67 cents adjusted vs. 66 cents expected 67 cents adjusted vs. 66 cents expected Revenue: $2.01 billion vs. $2.01 bi

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Affirm's stock soars 15% on earnings, revenue beat

cnbc.com Jennifer Elias 2025-10-20 01:27:07

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company did versus LSEG consensus estimates: EPS: 20 cents vs. 11 cents estimated 20 c

Topics: affirm cents million revenue year

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Dell shares fall on soft third-quarter earnings outlook

cnbc.com Kif Leswing 2025-10-20 13:22:07

A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance that below Wall Street's expectations. Here's how the systems integrator did versus LSEG consensus estimates: EPS : $2.32, adjusted vs. $2.30 estimated : $2.32, adjusted vs. $2.30 estimated Revenue: $29.78 billion vs. $29.17 billion estimated Dell

Topics: billion dell quarter revenue share

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Nvidia's top two mystery customers made up 39% of the chipmaker's Q2 revenue

cnbc.com Kif Leswing 2025-10-20 21:56:40

Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Two Nvidia customers made up 39% of Nvidia's revenue in its July quarter, the company revealed in a financial filing on Wednesday, raising concerns about the concentration of the chipmaker's clientele. "Customer A" made up 23% of total revenue, and "Customer B" comprised 16% of total revenue, according to the company's second-quarter filing with the Securities and Exchange Commission. That's highe

Topics: cloud customers nvidia providers revenue

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NVIDIA is (really) profiting from the AI boom

engadget.com Unknown 2025-10-21 17:30:44

NVIDIA has revealed that its revenue for the second quarter ending on July 27 rose 56 percent compared to the same period last year, and that's without shipping any H20 chips to China. It reported a revenue of $46.7 billion and a net income of $26.4 billion. As CNBC has noted, the company previously said that H20 shipments to China could have added $8 billion in sales to its second quarter figures. Instead, the company was only able to release $180 million worth of the chips to a customer outsid

Topics: china company h20 quarter revenue

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Latest Tech News

Benioff says he's 'inspired' by Palantir, but takes another jab at its prices

Adobe's stock gains on earnings, revenue beat

Google Cloud chief details how search giant is making billions monetizing its AI products

Oracle soars 30% on cloud growth projections even as earnings miss estimates

Oracle pops 27% on cloud growth projections even as earnings miss estimates

Google Cloud chief details how search giants is making billions monetizing its AI products

Oracle pops 22% on cloud growth projections even as earnings miss estimates

Ramp says it has hit $1B in annualized revenue

Snap breaks into ‘startup squads’ as ad revenue stalls

YouTube views are down (don't panic)

Broadcom stock jumps 9% on new $10 billion customer that analysts say is OpenAI

Broadcom stock jumps 11% on new $10 billion customer that analysts say is OpenAI

A Quarter of Nvidia's Revenue Comes From a Single Giant Customer

Today is your last chance to exhibit your brand in front of 10K tech leaders at TechCrunch Disrupt 2025

Broadcom stock jumps 15% on new $10 billion customer that analysts say is OpenAI

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

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

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

Broadcom earnings primer: AI chip demand and growth are key

Salesforce slump deepens as stock drops 7% on disappointing guidance

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

Salesforce issues weak revenue guidance even as earnings beat estimates

Nvidia says two mystery customers accounted for 39% of Q2 revenue

Marvell stock slumps 18% after chipmaker's data center revenue, forecast disappoint

Marvell stock slumps 16% after chipmaker's data center revenue, forecast disappoint

Marvell stock slumps 16% after data center revenue, forecast disappoint

Affirm's stock soars 15% on earnings, revenue beat

Dell shares fall on soft third-quarter earnings outlook

Nvidia's top two mystery customers made up 39% of the chipmaker's Q2 revenue

NVIDIA is (really) profiting from the AI boom

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