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Rivian CEO on earnings, guidance: R2 deliveries expected to begin in Q2
CNBC Television· 2026-02-12 22:33
Rivian shares seeing a big move higher in the after hour session after reporting results moments ago. Philau has uh now the CEO of Rivian R. J.Scr for his first comments before the call. Phil, thank you Melissa. RJ, good to be here in Irvine.Let's start first off fourth quarter you lose money again. You're expecting to lose anywhere between 1.8% and 2.1% this year. When does this company get to sustain profitability.>> Well, Q4 for us was a really important quarter. This was the first u quarter where we've ...
Alphabet 100-year bond concerns revolve on continued disruption, says Fundstrat's Hardika Singh
CNBC Television· 2026-02-12 22:33
or not. Here on set with us to answer that is fund strat economic strategist Hardica Singh. She's out with a note this week taking a look back at some of the other companies that have issued 100red-year debt to see what that might forbo for or just bode I guess for um Alphabet and AI.Hardica it's great to have you here. >> Thanks for having me. >> So everyone's talking what was it in 99 Motorola was was the big one.Okay but widen the lens for us. How else should we be thinking about hundredyear debt. So thi ...
Joe Montana on his transition to venture capital
CNBC Television· 2026-02-12 22:30
Talk to me about that transition. Did was that something that you thought immediately, oh, I'm going to be good at this. >> Absolutely not.So, what happened originally was I was at home and I had just retired, I don't know, two years or so and Ronnie Lot and Harris Barton knocked on my door and said, "Hey, >> we got an idea." Yeah. Okay. >> We got an idea.We want to run by you. And so they said, "Look, we we've lived here all our lives or our playing careers, and we've made friends that all these guys, our ...
Airbnb shares pop on company's revenue beat, rosy guidance
CNBC Television· 2026-02-12 22:15
results for Airbnb. I've been seeing those shares uh oscillate between it's down four and a half% now. Revenue beating estimates at 2.78% billion versus the 2.72% billion expected.That's the 20th revenue beat in the past 21 quarters. EPS coming in at 56 cents. That's 10 cents below consensus.Profits were hurt by a one-time $90 million tax related expense. But despite that EPS miss, profits beat on another crucial metric adjusted Ibida solidly topped expectations. In fact, it's a beat on most of the core met ...
Joe Montana on his experience in broadcasting
CNBC Television· 2026-02-12 22:00
You very briefly dabbled in the broadcasting. >> Yeah. I wasn't about that though.>> Yeah. You didn't you didn't you never sort of wanted to do that. >> No, because as a coming from the other side as a player, you see so many times people are making judgments on a player or on what happened on the field and they have no idea.>> Meaning they don't know the play call. They don't know the situation. And so like for you, it's hard, it would be hard to judge our receivers and and our quarterbacks that played wit ...
Waymo begins deploying next-gen Ojai robotaxis to extend its U.S. lead
CNBC Television· 2026-02-12 21:30
So, Whimo is rolling out its newest driverless system and it's putting it in vehicles made by a Chinese company first. The robo taxi is called the Ohigh. It's built by Ziker, a subsidiary of a Chinese automaker and that's drawing fire from GOP lawmakers.Last week during a committee hearing here in DC, Ohio Senator Bernie Moreno cited prior testimony about Whimo being locked in a race with China and then told the company, "It seems like you're getting in bed with China." Whimo's defense, the Chinese manufact ...
Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups
CNBC Television· 2026-02-12 21:04
So, Anthropic announcing a blockbuster funding round in AI. It's a $30 billion series G valuing the tech company at $380 billion. It is about $10 billion higher than what I was told that funding round was going to be just a couple weeks ago.It does also top some of the biggest IPOs in history. I'm told there was strong demand here for Anthropic from investors at the 11th hour. The round was led by GIC and CO2.You also had Microsoft and Nvidia participating, although it is part of a portion of what they had ...
One year after DOGE cuts, Work for America gives former federal workers new hope
CNBC Television· 2026-02-12 20:15
As Elon Musk's Department of Government Efficiency got to work to aggressively shrink the size of the federal government last year, Caitlyn Lewis was ready to help. Lewis, the founding executive director of nonprofit organization Work for America, runs a platform called Civic Match that helps place workers in roles in state and local government. >> For many, it's been a year of chaos and confusion.But at Work for America, we saw for our customers, cities and state governments across the country, that there ...
AI insiders sound the alarm on safety
CNBC Television· 2026-02-12 19:21
Open AI is following a different playbook. Dear Jabra Bosa has more in today's tech check. Dear Jra, hey Kelly.So put simply, AI's internal civil war over safety. It's going public. Santhropic just put $20 million into a super PAC that does push guard rails like kids safety chip export controls and transparency rules.On the other side, you've got a coalition led by OpenAI's Greg Brockman and Andre Horowitz. They've poured $125 million into a pack that wants just one federal standard and no state regulation. ...
AWS CEO Matt Garman: We are ‘incredibly bullish’ on the company’s growth over the next few years
CNBC Television· 2026-02-12 19:21
All right, Amazon's down again. Eighth day in a row. Investors showing some concern after the company announced plans to spend $200 billion on the AI build during that last earnings report on Thursday.For more on those capex plans, we are joined by CNBC's John Port as well as the CEO of Amazon Web Services in a CNBC exclusive. John, over to you. >> Sarah, thanks.Matt Garmin, uh, good to see you. Um, first after earnings. Uh, I guess I saw you in San Francisco a few days ago, but first time on TV.$200 billio ...