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Technology

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Jim Cramer says the world of tech investing has changed and it’s not going back

TazaPulseMay 21, 2026

CNBC’s Jim Cramer said that semiconductor stocks have become the market’s new center of gravity because they are the drivers of the artificial intelligence boom. “It’s a new era,” the “Mad Money” host said. “Semis are now in charge. Software is taking a back seat.” The comments came after Nvidia reported quarterly earnings Wednesday evening...

Anthropic set to hit $10.9 billion in revenue in Q2, source says

TazaPulseMay 21, 2026

Dario Amodei speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBC Anthropic is on track to generate $10.9 billion in revenue during the second quarter, CNBC confirmed on Wednesday, a figure that would top the artificial intelligence company’s sales for all of last...

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What Goldman’s lead role in SpaceX’s IPO means for investors

TazaPulseMay 21, 2026

Goldman Sachs is soaring after securing a key role in SpaceX’s historic IPO. Elon Musk ‘s rocket company has selected the bank for the record-setting public debut, according to a prospectus filed on Wednesday. The deal is a financial windfall that positions Goldman’s dealmaking division to potentially win lead roles in other major IPOs expected...

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IPO filing sets stage for record offering

TazaPulseMay 21, 2026

Major SpaceX investors include Valor’s Antonio Gracias and Founders Fund’s Luke Nosek Antonio Gracias, CEO of Valor Equity Partners and a SpaceX board member, will have sizable control over SpaceX. Ahead of the IPO, the venture capitalist owned 503.4 million Class A shares, or 7.3% of the total. SpaceX’s xAI subsidiary leases equipment from Valor,...

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Company cutting 17% of staff

TazaPulseMay 21, 2026

Intuit CEO Sasan Goodarzi speaks at the ribbon-cutting ceremony during opening night at Intuit Dome in Los Angeles on Aug. 15, 2024. Amy Sussman | Wireimage | Getty Images Tax and finance software maker Intuit said Wednesday that it’s cutting 17% of its full-time workforce, the latest tech company to announce a mass downsizing during...

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Zuckerberg says ‘success isn’t a given’ in memo

TazaPulseMay 21, 2026

Meta CEO Mark Zuckerberg at a dinner with tech leaders in the State Dining Room of the White House in Washington, Sept. 4, 2025. Will Oliver | Bloomberg | Getty Images Meta CEO Mark Zuckerberg told employees in a memo Wednesday that the company’s decision to lay off 8,000 employees is necessary because “success isn’t...

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Nvidia (NVDA) Q1 2027 earnings report: Live updates

TazaPulseMay 20, 2026

Margins show pricing power Nvidia’s revenue explosion in recent years has been mirrored by an expanding profit margin, underscoring the company’s pricing power, supply chain efficiency and an increase of software in the mix. From a gross margin in the mid-60s five years ago, Nvidia has lifted that number into the mid-70s today, and it’s...

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OpenAI to confidentially file for IPO as soon as Friday: Source

TazaPulseMay 20, 2026

OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public markets debuts in history, CNBC confirmed on Wednesday. The artificial intelligence company, which is valued at more than $850 billion by private investors, is working...

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Wall Street is waking up to how wrong it got this cybersecurity stock

TazaPulseMay 20, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks are sharply higher, looking to snap a three-day losing streak. A decline in soaring bond yields and elevated oil prices were helping. Investors on Wednesday rotated back into...

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‘You shouldn’t worry about it’

TazaPulseMay 20, 2026

Amazon founder Jeff Bezos shrugged off concerns of a looming artificial intelligence bubble on Wednesday, telling CNBC that the massive investments will ultimately help push the technology forward in the long run. “Even if it does turn out to be a bubble, you shouldn’t worry about it because the bubble is driving investment and a...