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Blackwell is key to Nvidia's next growth phase. The new AI chip has reportedly hit an overheating snag.

Nvidia's new Blackwell chips are highly sought after in the AI boom because they are at least twice as fast as its predecessor.

CNBC Daily Open: Everyone gave Reddit an upvote

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. Alphabet and Reddit

Starbucks Removing Its Extra Charge For Non-Dairy Milk Substitutes

The charge can add up to 80 cents in some areas, according to CNBC.

Smart-Ring-Firma Oura: Chef glaubt nicht an Markteintritt Apples

Immer wieder gab es Gerüchte, dass Apple neben der Apple Watch auch einen smarten Ring plant. Der wohl wichtigste mögliche Konkurrent glaubt daran nicht.

What the 2024 Election Results Mean for the Child Tax Credit

President-elect Donald Trump's campaign floated some general ideas about expanding the child tax credit.

AMD To Lay Off 4% of Workforce, or About 1,000 Employees

AMD has announced plans to cut 4% of its global workforce as it repositions to compete in the AI chip market dominated by Nvidia. The layoffs will affect approximately 1,040 employees of its 26,000-strong workforce reported at the end of 2023. CNBC a

OpenAI backs robots, Amazon and Palantir's defense deal, Saudi Arabia's $100 billion bet: This week's AI launches

Each week, Quartz rounds up product launches, updates, and funding news from artificial intelligence-focused startups and companies.Read more...

CNBC Daily Open: Could 'higher for longer' make a return?

With inflation ticking up and a possible inflationary landscape ahead due to Trump's policies, could a "higher for longer" stance from the Fed return?

Trump at McDonald's, Amazon's gas discount, and listeria everywhere: Business news roundup

McDonald’s is distancing itself from former President Donald Trump after his headline-grabbing stop at a Pennsylvania location, where he pretended to work during a closed event attended by pre-screened supporters. Read more...

Grand Theft Auto 6 Is Still On Track For Fall 2025 Release

Nearly a year ago, Rockstar Games debuted the first trailer for Grand Theft Auto 6, which marks the franchise's first sequel since Grand Theft Auto 5 in 2013. Fans had been hoping that today's fiscal report for Rockstar's parent company, Take-Two Int

CNBC Daily Open: Eve of Election Day

Election day looms for U.S. voters, and the world watches.

Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours (Kif Leswing/CNBC)

Kif Leswing / CNBC: Qualcomm reports Q4 revenue up 19% YoY to $10.24B, vs. $9.9B est., guides to a strong Q1, and approves $15B in additional buybacks; QCOM jumps 7%+ after hours  —  Qualcomm reported fourth-quarter earnings on Wednesday that bea

European Data Center Association Chair says lowering water temperatures to cool AI data centers is "incompatible" with the EU's new Energy Efficiency Directive (April Roach/CNBC)

April Roach / CNBC: European Data Center Association Chair says lowering water temperatures to cool AI data centers is “incompatible” with the EU's new Energy Efficiency Directive  —  The boom in artificial intelligence is ushering in an envi

There will never be an Apple Ring, says rival with crossed fingers

The CEO of smart ring firm Oura has detailed the reasons there shouldn't be an Apple Ring, but sounds like he's hoping Apple is listening.Render of a possible Apple RingOh, just bring out a ring already. Apple Ring has been rumored for years, but in

Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC: Pinterest reports Q3 revenue up 18% YoY to $898M, vs. $896M est., MAUs up 11% to a record 537M, but forecasts Q4 revenue below est.; PINS drops 13%+ after hours  —  Pinterest shares plunged 15% Thursday after the social me

Accel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wise and N26 alumni had 33 each (Ryan Browne/CNBC)

Ryan Browne / CNBC: Accel: Klarna alumni have founded 62 new startups, more than any $1B+ European fintech startup; Revolut alumni founded 49, and Wise and N26 alumni had 33 each  —  LONDON — More startups are being spun out of Swedish digital

Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M est.; ABNB jumps 5%+ after hours (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Airbnb reports Q3 revenue up 10% YoY to $3.73B, vs. $3.72B est., and Nights and Experiences Booked up 8% to 122.8M, vs. 121.4M est.; ABNB jumps 5%+ after hours  —  Airbnb reported third-quarter earnings on Thursday that were

Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC: Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours  —  Block shares tumbled 11% in extended trading on Thursday

Google Cloud Q3 revenue grew 35% YoY to $11.35B with a 17% operating margin, outpacing AWS' 19% YoY revenue growth to $27.45B with a 38% operating margin (Jordan Novet/CNBC)

Jordan Novet / CNBC: Google Cloud Q3 revenue grew 35% YoY to $11.35B with a 17% operating margin, outpacing AWS' 19% YoY revenue growth to $27.45B with a 38% operating margin  —  With Wall Street laser focused on cloud computing this week, Google

Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B (Rohan Goswami/CNBC)

Rohan Goswami / CNBC: Sources: Intel is looking to sell at least a minority stake, or possibly a majority stake, worth billions in its Altera subsidiary at a valuation of around $17B  —  Intel is looking to sell at least a minority stake in its A

Things are looking up for Wall Street, and Goldman's third-quarter results show why

Wall Street's business of putting together deals may finally be rebounding. What Goldman's earnings tell us about demand for M&A, IPOs, and more.

Blade Runner 2049's producer sues Musk, Tesla, and WBD for allegedly using AI to create imagery close to the film, despite a denied request, to promote Cybercab (Brooks Barnes/New York Times)

Brooks Barnes / New York Times: Blade Runner 2049's producer sues Musk, Tesla, and WBD for allegedly using AI to create imagery close to the film, despite a denied request, to promote Cybercab  —  Alcon Entertainment, the Hollywood company behind

Los aranceles de Trump pueden jugar un papel determinante en el futuro de Samsung en Estados Unidos

Con las elecciones de Estados Unidos a la vuelta de la esquina, el candidato a la presidencia y expresidente republicano, Donald Trump, ha insinuado una posible propuesta de aranceles a los chips que podrían cambiar el rumbo de Samsung en el país.

xAI launches an API for "grok-beta" priced at $5 per million input tokens or $15 per million output tokens; it is unclear which AI model "grok-beta" might be (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: xAI launches an API for “grok-beta” priced at $5 per million input tokens or $15 per million output tokens; it is unclear which AI model “grok-beta” might be  —  In August, Elon Musk's xAI promised to make Grok,