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CNBC Daily Open: Tesla's increased costs outweighed its revenue growth
Tesla's revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year earlier.
Elon Musk says Tesla 'not about to replace Nvidia' as EV maker develops chips for cars, robots
On Tesla's earnings call, Elon Musk said that if the company has too many of its AI5 chips, it can use them in the data center.
IBM tops third-quarter estimates and lifts guidance, but stock drops
IBM's results topped estimates and the company lifted its guidance, citing artificial intelligence tailwinds.
New Jersey sues Amazon for allegedly discriminating against thousands of pregnant warehouse workers
The state said the lawsuit follows a years-long investigation by its civil rights division into Amazon's treatment of workers at warehouses across New Jersey.
Tesla reports revenue growth after two down quarters. Why the stock is falling
Tesla has returned to favor on Wall Street after a brutal start to the year.
Meta lays off 600 from 'bloated' AI unit as Wang cements leadership
The cuts did not impact employees within TBD Labs, which includes many of the top-tier AI hires brought into Meta this summer, people familiar told CNBC.
Trump to demolish entire East Wing of White House for ballroom: 'Plans changed'
President Trump has said he and donors will cover the costs of the White House East Wing ballroom, but it is not clear who all the contributors are.
Meta AI layoffs latest signal tech's hottest career path may end with more risk than riches
As big tech companies like Meta acquire AI startups, many employees are not receiving the cash-out riches they dreamed about, but a layoff instead.
Amazon introduces 'Blue Jay' warehouse robot that performs multiple tasks at once
The robotics system is called Blue Jay, and Amazon said it's already being deployed in one of its South Carolina warehouses.
Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler
Applied Digital signs $5 billion AI factory lease with U.S. based hyperscaler
Amazon's switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says
"The market is under-appreciating AMZN's GenAI advances in its Retail business with robotics-driven efficiencies," analyst Brian Nowak said.
Country music star Martina McBride's warning on 'terrifying' AI deepfake scam threat to artists and fans
Artificial intelligence-generated deepfakes are threatening the livelihoods of musicians and creating scams that harm fans.
Airbnb CEO Chesky says ChatGPT isn't 'quite robust enough' to integrate into travel app
Airbnb CEO Brian Chesky wants to integrate ChatGPT software into the travel platform, but the software isn't "quite robust enough."
Auto giant Volkswagen warns of output stoppages amid Nexperia chip disruption
Volkswagen on Wednesday warned of temporary production outages citing China's export restrictions on semiconductors made by Nexperia.
Netflix earnings, Anthropic's 'woke' problem, Travis Kelce's Six Flags stake and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
AI is already taking white-collar jobs. Economists warn there's 'much more in the tank'
Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.
Baidu's Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up
Baidu's Apollo Go robotaxi unit plans to begin tests in Switzerland this year, with the aim of launching a public-facing service by the first quarter of 2027.
Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin's Richard Branson urge AI ‘superintelligence’ ban
A group of prominent figures, including artificial intelligence heavyweights, has lead a call to end efforts to create ‘superintelligence.'
CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy
Even as the streaming giant's earnings stumbled during that period, Netflix is still showing other media companies how it's done.
Fund managers say an AI bubble is now the biggest risk to their portfolios — but it's not enough to stop them betting on stocks
Major institutions and influential figures are increasingly issuing warnings about soaring valuations.
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