ASML's recent deal with a major memory chipmaker confirms its essential role in the accelerating, multi-year buildout of artificial intelligence hardware.
ASML's recent deal with a major memory chipmaker confirms its essential role in the accelerating, multi-year buildout of artificial intelligence hardware.
Vehicles have their gasoline tanks filled at a Costco Wholesale store on March 21, 2026, in Bayonne, New Jersey. Gary Hershorn | Corbis News | Getty Images HOUSTON — The Trump administration on Wednesday temporarily waived regulations on the types of gasoline that are sold during the summer in an effort to ease surging fuel prices during the Iran war. The Environmental Protection Agency lifted res...
Vehicles have their gasoline tanks filled at a Costco Wholesale store on March 21, 2026, in Bayonne, New Jersey. Gary Hershorn | Corbis News | Getty Images HOUSTON — The Trump administration on Wednesday temporarily waived regulations on the types of gasoline that are sold during the summer in an effort to ease surging fuel prices during the Iran war. The Environmental Protection Agency lifted restrictions on the sale of E15 gas, a fuel blended with 15% ethanol. The sale of E15 is restricted in about half the U.S. from June through September due to regulations designed to reduce air pollution. The EPA also issued a waiver to remove all federal impediments to selling E10 gas, which is blended with 10% ethanol. The agency is suspending federal enforcement of certain state fuel requirements, allowing the production and distribution of gasoline with 9% to 15% ethanol content. "EPA waivers will work to prevent disruption in America's fuel supply by keeping E15 and E10 on the market and giving Americans more fuel options," EPA Administrator Lee Zeldin told reporters at S&P Global's CERAWeek conference in Houston, Texas. The waivers will take effect on May 1 and last through May 20, Zeldin said. "We will continue to monitor the supply with industry and federal partners," the EPA administrator said. "The agency will be ready to extend the emergency fuel waivers as ongoing issues continue to present the need for action." Gasoline prices have surged more than 30% to $3.98 per gallon since the U.S. war against Iran started, due to the ensuing massive oil supply disruption, according to data from travel association AAA. Prices at the pump are the highest levels since 2022, when Russia's invasion of Ukraine shook global energy markets. This is a developing story. Please check back for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Apple is adding 100+ new App Store Connect metrics, giving developers deeper, first-party insights into monetization, subscriptions, and user behavior as it doubles down on its app ecosystem in the AI era.
Apple is adding 100+ new App Store Connect metrics, giving developers deeper, first-party insights into monetization, subscriptions, and user behavior as it doubles down on its app ecosystem in the AI era.
Investors are bidding up Electronic Arts Inc. dollar-denominated debt that priced on Tuesday to help fund the video game maker’s record buyout. Its 8.75% unsecured bond reached 104.25 cents on the dollar Wednesday while its 7.25% secured note got as high as 102.88 cents, according to Trace data. Both securities priced at 100 cents , and at yields roughly a percentage point higher than comparably r...
Investors are bidding up Electronic Arts Inc. dollar-denominated debt that priced on Tuesday to help fund the video game maker’s record buyout. Its 8.75% unsecured bond reached 104.25 cents on the dollar Wednesday while its 7.25% secured note got as high as 102.88 cents, according to Trace data. Both securities priced at 100 cents , and at yields roughly a percentage point higher than comparably rated bonds. EA’s $6.13 billion term loan, which priced at 98.50 cents, climbed a full cent by midday Wednesday, according to people familiar with the matter. The first few days of trading new bonds and loans is closely watched across the credit industry as an indication of how the deal was priced. A strong rally in the secondary market suggests pent-up demand for the debt at initial levels. The EA gains are an exclamation point to a huge leveraged-finance deal that has hung over the market since the company’s $55 billion takeover was announced in September. Banks syndicated nearly $15 billion of loans and bonds in dollar and euros, ultimately generating about $45 billion of demand. The sale was a key test of lenders being able to offload some of roughly $100 billion pipeline of leveraged buyouts that they provided financing to. Pricing on Monday was $6.9 billion of debt for Nexstar Media Group Inc.’s acquisition of Tegna Inc. Likely to wrap up next week is an expected $7.15 billion debt package for Sealed Air Corp.’s pending buyout.
TECHNOLOGY LOS ANGELES—A 20-year-old woman prevailed in a landmark social media trial against Meta Platforms and Google’s YouTube in which the companies were accused of designing their apps to be addictive and harmful to adolescents.
TECHNOLOGY LOS ANGELES—A 20-year-old woman prevailed in a landmark social media trial against Meta Platforms and Google’s YouTube in which the companies were accused of designing their apps to be addictive and harmful to adolescents.
Alphabet (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) both delivered strong Q4 2025 earnings, but the stories underneath the numbers differ sharply. Alphabet crossed $400 billion in annual revenue for the first time leaning on Cloud and Search. Meta posted 23.78% revenue growth fueled almost entirely by advertising, while absorbing deepening losses from its hardware ambitions. Cloud ... Alphabe...
Alphabet (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) both delivered strong Q4 2025 earnings, but the stories underneath the numbers differ sharply. Alphabet crossed $400 billion in annual revenue for the first time leaning on Cloud and Search. Meta posted 23.78% revenue growth fueled almost entirely by advertising, while absorbing deepening losses from its hardware ambitions. Cloud ... Alphabet vs Meta: Which Is a Better Tech Titan?
Meta Platforms Inc. and Alphabet Inc. ’s Google were found liable for a 20-year-old woman who alleged that her addiction to the companies’ social media platforms caused her to suffer a mental health crisis, a jury said. The verdict Wednesday in Los Angeles is a victory for plaintiff Kaley G.M., and highlights the financial risk facing the companies from thousands of other suits which claim that In...
Meta Platforms Inc. and Alphabet Inc. ’s Google were found liable for a 20-year-old woman who alleged that her addiction to the companies’ social media platforms caused her to suffer a mental health crisis, a jury said. The verdict Wednesday in Los Angeles is a victory for plaintiff Kaley G.M., and highlights the financial risk facing the companies from thousands of other suits which claim that Instagram and YouTube are intentionally designed to addict young users without regard for their well-being.
Meet The Stupidest Spring-Breakers In America: "Who The F**k Is Ayatollah?" Fox News found who might be the dumbest spring breakers in all of the United States - and you will feel dumber listening to what they have to say. Fox producer Johnny Belisario hit the beaches in Florida and fired off multiple questions at partiers on current events, ranging from the U.S. and Israel’s war against Iran to P...
Meet The Stupidest Spring-Breakers In America: "Who The F**k Is Ayatollah?" Fox News found who might be the dumbest spring breakers in all of the United States - and you will feel dumber listening to what they have to say. Fox producer Johnny Belisario hit the beaches in Florida and fired off multiple questions at partiers on current events, ranging from the U.S. and Israel’s war against Iran to President Donald Trump’s performance. When asked what he thinks Trump “has been doing recently,” one woman with no shame replied, “The Gulf of America. That’s the last thing I kept up with.” Spring Break goes WILD☀️ 🍺🤪 and the students have NO IDEA what’s going on🤣 “The BIGGEST issue in America is what BIKINI I’m wearing tomorrow”👙 “We’re going to war with IRAQ that’s been crazy”🤔 “I’ve NEVER heard the word Ayatollah in my life”🫢 “Is Venezuela in… pic.twitter.com/HD8kgli0Ok — Jesse Watters (@JesseBWatters) March 24, 2026 When Belisario brought up slain Iranian Supreme Leader Ayatollah Ali Khamenei, the clueless respondents came up hilariously short in the bewildering clip. “ We’re going to war with Iraq - that’s been crazy ,” another young woman said, botching the country of Iran. “ Who the fuck is ayatollah? ” was another response. When asked how they would “take on Iran” if they were president, one genius explained that he would “get a bunch of girls in bikinis and … make them run across the battlefield.” Florida’s beach towns are getting stuck playing spring break whack-a-mole as rowdy crowds organize chaotic “takeovers” on social media, unleashing booze-fueled flash mobs that turn sunny shores into scenes of violence and mass arrests, according to the New York Post . Cops were forced to lock down Daytona Beach this week after a rash of shootings and a wild beach “takeover” sparked a full-blown stampede, with panicked high school and college kids running for their lives. That single blowout led to 133 arrests and pushed authorities to clamp down, turning the beach into a ...
X wants to make money on previously used handles. | Image: The Verge X's Head of Product, Nikita Bier, announced a change to the platform's creator payouts on Tuesday, but according to Elon Musk, the change isn't going live just yet. Bier shared a post announcing that in determining payments, X "will be giving more weight to impressions from your home region." The motivation appears to be discoura...
X wants to make money on previously used handles. | Image: The Verge X's Head of Product, Nikita Bier, announced a change to the platform's creator payouts on Tuesday, but according to Elon Musk, the change isn't going live just yet. Bier shared a post announcing that in determining payments, X "will be giving more weight to impressions from your home region." The motivation appears to be discouraging engagement farming via political posts, with Bier adding that, "While we appreciate everyone's opinion on American politics, we hope this will disincentivize gaming the attention of US or Japanese accounts." Starting Thursday, we'll be updating our revenue sharing incentives to better reward the content we … Read the full story at The Verge.
J Studios/DigitalVision via Getty Images Back in May 2025, I updated my coverage for Blaize Holdings, Inc. ( BZAI ), arguing the company would need at least another year for a bullish, high-stakes thesis to play out. One year has not yet fully passed. Yet, after reviewing Q4 earnings, I believe we are seeing some light at the end of the tunnel. After a gruesome 2025 for shareholders (with the stoc...
J Studios/DigitalVision via Getty Images Back in May 2025, I updated my coverage for Blaize Holdings, Inc. ( BZAI ), arguing the company would need at least another year for a bullish, high-stakes thesis to play out. One year has not yet fully passed. Yet, after reviewing Q4 earnings, I believe we are seeing some light at the end of the tunnel. After a gruesome 2025 for shareholders (with the stock losing more than 90% since IPO), the business is finally accelerating, proving management’s initial IPO guidance is actually within reach. Q4 earnings: management’s guidance was proven correct! The main risk with a company like Blaize Holdings lies in management’s guidance. Since the company was new to the market, there was effectively no way to know whether guidance could be trusted when they IPO’d. That is especially relevant in the context of SPACs, which are often criticized for failing to create value for (new) shareholders. With Q4 earnings out, we now know that Blaize’s management can, in fact, be trusted. The company reached more than the midpoint of their own 2025 guidance, and they beat the upper end of guidance for Q4. Expenses were, however, higher than initial guidance, and the company lost more than $100 Mln from operations and double that when accounting for change in fair value of Legacy Blaize convertible notes and warrants. The table below summarizes how actuals compare with 2025 guidance, as well as the changes in 2026 guidance as of these last earnings. Data in Millions 2025 IPO guidance 2025 actual 2026 IPO guidance 2026 new guidance Revenue $19 - $50 $38.6 $105 - $140 $130 Total Expenses (Mid-Point) $83.5 $110 $123 n/a Operating Profit -$49 -$103,8 n/a -$50 Click to enlarge Note that the discrepancy between 2025 Revenue, Total Expenses and Operating Profit is due to Cost of Revenue. This figure is not reported in the table, as management did not provide any guidance on it at IPO. Cost of Revenue was $32.4 Mln in 2025, resulting in a gross profit of ~...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT The Microsoft corporate logo is illuminated at the Fira Gran Via booth during the Mobile World Congress in Barcelona, Spain, on March 5, 2026. Joan Cros | Nurphoto | Getty Images Microsoft chief diversity officer Lindsay-Rae McIntyre is the latest executive to leave the software company as it enacts human resources changes to cap...
In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNT The Microsoft corporate logo is illuminated at the Fira Gran Via booth during the Mobile World Congress in Barcelona, Spain, on March 5, 2026. Joan Cros | Nurphoto | Getty Images Microsoft chief diversity officer Lindsay-Rae McIntyre is the latest executive to leave the software company as it enacts human resources changes to capitalize on growing artificial intelligence demand. McIntyre will leave at the end of March to become a chief people officer at another organization next month, Amy Coleman, Microsoft's executive vice president and chief people officer, told employees in a memo published by Business Insider on Wednesday. A Microsoft spokesperson confirmed the legitimacy of the memo to CNBC. The company is going through an "AI-powered transformation," wrote Coleman, who took on her role last year. Microsoft did not immediately have a comment on what the AI transformation entails for its HR group. Several executives have left Microsoft in recent months, including gaming leader Phil Spencer and productivity software head Rajesh Jha. Security executive Charlie Bell became an individual contributor in February. Software stocks have come under pressure as concerns mount about competition from products assembled with generative AI models. Microsoft shares are down 23% so far in 2026. The company has been allocating more capital to data center infrastructure, including Nvidia graphics chips that can run AI models, and focusing more on constructing top-tier AI models. The company is working to show a return on the investment. Read more CNBC tech news New Mexico seeking changes to Meta's platform after jury finds company liable Hugo Barra's return to Meta 5 years after exit underscores Zuckerberg's AI urgency OpenAI shutters short-form video app Sora as company reels in costs Judge presses DOD on why Anthropic was blacklisted: 'That seems a pretty low bar' In January, CEO Satya Nadella touted 15 milli...