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Broadcom stock has fallen nearly 20% in a suboptimal quarter since early June. Could Wednesday’s announcement of Jalapeno, a new custom chip co-designed with OpenAI, lower the floor for Broadcom stock? OpenAI and Broadcom describe Jalapeño as an artificial intelligence accelerator on a platform that the companies say “makes advanced AI faster, more reliable, and more accessible to more people.” We learned about Broadcom’s custom chip deal with OpenAI about eight months ago. Jalapeno is their first collaborative project. The new chip aims to reduce token costs by increasing performance per watt. Tokens are units of AI calculation. The main…
Zoey Deutch and Jimmy Tatro are still finalizing their wedding date. The Set It Up star addressed speculation that she and the Home Economics actor secretly tied the knot a year after announcing their engagement. After Deutsch shared a photo on Instagram on June 23 wearing a strapless white gown and cuddling up to Tatro in a black suit, a voicemail to actress Isabel set the record straight. “No, we’re not married. We just keep dressing like this carelessly,” she wrote in the comments section of the post. “That’s bad.” In the first photo of the post, Deutsch, 31, leans…
During the team’s Group B match, Madibo tackled Kone, resulting in the Canadian player breaking his leg.Published June 24, 2026June 24, 2026Qatar’s Asim Madibo has been suspended for five games for a tackle that broke Canadian midfielder Ismael Cohn’s leg during the World Cup.Madibo was given a straight red card for the incident during Canada’s 6-0 win over Qatar in Vancouver last Thursday.Recommended stories list of 4 itemsend of listThe suspension rules him out of Qatar’s remaining World Cup matches, including Wednesday’s clash in which Bosnia and Herzegovina defeated the 2022 hosts 3-1 at Seattle Stadium.FIFA’s disciplinary committee said the…
On February 18, 2026, Meta CEO Mark Zuckerberg appears in Los Angeles Superior Court in Los Angeles, California.Kyle Grillot | Bloomberg | Getty Imagesmeta platform CEO Mark Zuckerberg has directed staff to create a prediction market platform, a person familiar with the company’s plans, who requested anonymity, confirmed to CNBC.The New York Times first reported the development on Tuesday. The acquaintance, who was not authorized to speak on the record about the company’s plans, also confirmed to CNBC that the prediction market app does not use real money to trade on the platform, in contrast to other prediction markets where…
Cerebra Systems shares fell nearly 20% on Wednesday, even though the company reported better-than-expected first-quarter profits on Tuesday. That’s because the AI chip maker, in its first earnings report since going public, said it expects core business gross margins to be between 38% and 41%, compared to the 47% reported in the first quarter, and full-year profit margins of 38% to 41%. The stock hit a new low on Wednesday, almost reaching the company’s IPO price. Cerebra CEO Andrew Feldman told CNBC that investors have misunderstood the company’s margin guidance, noting that Cerebra will need to re-lease some equipment from…
Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. The S&P 500 and Nasdaq on Wednesday struggled to break a two-day losing streak. The S&P 500 rose as much as 0.86% before reversing course and erasing the gains. The S&P500 is slightly down. Meanwhile, the tech-heavy Nasdaq continues to be in the red. The index has struggled even as oil prices continue to fall, with U.S. benchmark WTI crude at one point falling below $70 a barrel. The yield on the 10-year Treasury note…
Family is everything to Taylor and Travis, so VIP automatically includes their respective parents and siblings. Possible best man Jason Kelsey has at least two daughters, Wyatt and Elliott, who are flower girls with wife Kylie Kelsey, but depending on when the big day happens, younger sister Bennett could grow up as well. (Oh, baby Finley will probably have to put this to bed.) It remains to be seen which of Travis’ teammates will be chosen, but he was a groomsman at the 2022 wedding of Chiefs quarterback Patrick Mahomes and Brittany Mahomes, so in addition to coach Andy Reid,…
Published June 24, 2026June 24, 2026Bosnia and Herzegovina defeated 2022 hosts Qatar 3-1 in their final Group B match and are on the verge of advancing to the World Cup finals for the first time.Bosnia now have four points and are in a good position to advance to the last 32 as one of the third-placed teams to qualify for the top eight.Recommended stories list of 4 itemsend of listMeanwhile, Qatar were eliminated in the group stage just like they were four years ago.A goal from 18-year-old Kerim Alajbegovic, Bosnia’s youngest-ever World Cup player, and an own goal from Qatari…
SpaceX on display outside the Nasdaq as the company launches its IPO on June 12, 2026. Adam Jeffrey | CNBCspace xEven though the stock has fallen by more than a quarter in just one week, the sharp pullback from its all-time high after the IPO has done little to encourage short sellers reluctant to bet on CEO Elon Musk.The company is down about 12% this week and about 28% from its June 16 high, wiping out hundreds of billions of dollars in market capitalization in a ferocious rally following its June 12 initial public offering.However, bearish views remain subdued. S3…
NVIDIA CEO Jensen Huang arrives at a Korean barbecue restaurant for a dinner with SK Group Chairman Choi Tae-won, LG Group Chairman Koo Kwang-mo, and Naver Chairman Lee Hae-jin on June 5, 2026 in Seoul, South Korea. Chris John | Null Photo | Getty ImagesNvidia Chief Executive Officer Jensen Huang told shareholders Wednesday that the company will prioritize U.S. interests when commercial opportunities conflict with U.S. national security.”National security comes first,” Huang said in a session immediately after the annual general meeting.He added that if a company wanted to smuggle NVIDIA chips or systems into a country with export restrictions,…