CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
The Nasdaq Composite gained more than 1% after last week’s sell-off, led by advances in Tesla, Nvidia and Alphabet.
CNBC reports that the Nasdaq Composite gained more than 1% after last week’s sell-off, led by advances in Tesla, Nvidia and Alphabet.
This technology story centres on the United States. Names and organisations mentioned in the coverage include CNBC Daily Open, Nasdaq Composite and Tesla.
Why it matters
Changes in the tech sector often reach consumers quickly through the devices, apps and online services they use every day.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- CNBC Daily Open, Nasdaq Composite, Tesla, Nvidia
- Section
- Technology
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
Amazon is taking its biggest shot at Nvidia yet with new TorchNeuron dev tool
Amazon wants to break Nvidia’s hold on PyTorch, the free toolkit used to build most AI apps, so that more developers run their apps on alternative…
Tenstorrent hits $6.2B valuation to scale open-weight AI chips
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
Nvidia launches new open models to run agents in the enterprise and on PCs
Nvidia is leaning hard into the trend of enterprise companies wanting to run their own open models in their own data centers and also trying to make…
Tesla driver says he was asleep and using FSD when he crashed into highway patrol cars
After this horrific crash involving a Tesla driver who said he was asleep and using the driver assist mode, the California Highway Patrol warns that…
Revolut outage hits 'multiple services' as thousands of users report app issues
Some users of the British neobank reported being unable to make some payments or access funds in its app on Tuesday.
Germany news: Siemens warns on AI eliminating entry-level jobs
This comes Germany agrees to deepen cooperation on AI with US tech giant Nvidia.
AI Could ‘Absolutely’ Replace Human Actors, CEO of Generative AI Startup Runway Says at Italy’s View Conference: ‘It’s Already Happening in a Way’
Durng a fireside chat entitled “Every Pixel Will Be Generated” at Turin’s View Conference, an audience member asked Cristóbal Valenzuela, the co-CEO…
Blackwall quadruples valuation to $2.2B as websites wrangle an increasingly crowded internet
Blackwall has raised $100M at a $2.2B valuation to continue building security and filtering tools that help websites grapple with growing bot and AI…


