Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more
Goldman Sachs added four new stocks to its June conviction list, including Tyson Foods and Block . The stocks are new additions to the investment bank’s “Conviction List – Directors’ Cut” group of buy-rated stocks. Goldman Sachs also added Casella Waste Systems and TPG to its list of most recommended names for June as part … Read more
(L to R) Jensen Huang, President and CEO of Nvidia Corporation, Google CEO Sundar Pichai and Mark Zuckerberg, CEO of Meta, arrive for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the US Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-reynolds | Afp | Getty Images Seemingly every company is obsessed with … Read more
This photograph shows the logo of the logo of SentinelOne during the 18th edition of the “InCyber” Forum, an international cyber security event, at the Grand Palais in Lille, northern France on April 1, 2026. Sameer Al-doumy | Afp | Getty Images SentinelOne shares sank 12% as the cybersecurity company laid off 8% of its … Read more
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an abrupt end to that meeting, as well as their job. That’s how several General Motors employees who were laid off Monday by the Detroit automaker described their jobs being terminated to CNBC. “No appreciation or … Read more
The big layoffs tied to artificial intelligence by Block , along with the company’s user improvements using the technology, will power the stock to even greater heights, according to Citi. The bank, which has buy rating on the fintech name, raised its price target to $100 from $85. That implies 43% upside from Thursday’s close. … Read more
Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in … Read more
Check out the companies making headlines after the bell : CoreWeave — The cloud infrastructure company slid about 10% as its second-quarter revenue guidance disappointed Wall Street. CoreWeave sees revenue ranging from $2.45 billion to $2.6 billion. The midpoint of $2.53 billion fell short of the $2.69 billion LSEG consensus call. Gen Digital — The … Read more
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 touched another record, and what’s on the radar for … Read more
Lionel Bonaventure | Afp | Getty Images Coinbase became the latest tech company to announce a round of layoffs Tuesday morning, blaming artificial intelligence for altering the company’s operations. Prediction markets traders think the fintech company is yet another sign of what’s to come among technology providers. Traders on Kalshi give a 92% chance to … Read more