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Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'

CNBC host Jim Cramer said Meta Platforms Inc.‘s (NASDAQ:META) $17 billion child safety settlement will likely have a smaller financial impact than many investors expect, calling it “barely material” to the company’s earnings once spread over a decade. ‘It Could Have Been Disastrous’ Cramer said the settlement could end up being far smaller once spread over its full ten-year term, saying it is “not impactful” compared to what he originally feared. “It could have been disastrous,” he said in a pos

Benzinga
Trump Interrupts Nvidia Meeting With Surprise Call to Jensen Huang, Hours Before Praising 'Incredible' Numbers: Report

President Donald Trump reportedly called Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang during the chipmaker’s all-hands meeting Thursday, hours before publicly celebrating the company’s blockbuster quarterly results. Trump Calls Jensen Huang During Nvidia Meeting Huang was addressing employees at Nvidia’s Santa Clara, California, headquarters when he received a call from Trump, Wired reported, citing three people who witnessed the interaction. Huang stepped away from the stage to answer his phone,

Benzinga
Gary Black Says Wall Street's Tesla Robotaxi Skepticism Comes Down to Market Share, Not Growth: Autonomy Will 'Quickly Become a Commodity'

The Future Fund‘s Gary Black said Sunday that Tesla Inc.‘s (NASDAQ:TSLA) bulls are misreading how Wall Street actually values the company’s robotaxi business, pushing back against an argument that a sharp repricing is inevitable once the unit’s earnings become “undeniable.” ‘You’ve Never Been a Wall Street Analyst’ “Jo, respectfully, you’ve never been a Wall Street analyst,” Black said in a post on X, responding to a user, Jo Bhakdi, who argued that analysts don’t wait for robotaxi cash to “land

Benzinga
John Ternus to lead Apple into the age of AI

John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence.Ives expects the new chief executive to lean into what he knows. 

AFP
Musk, Altman, Huang All Set to Speak at US-Hosted G20 Tech Meeting

Elon Musk, Sam Altman and Jensen Huang will share billing at a technology-focused Group of 20 ministerial meeting in North Carolina next week, according to Reuters. The gathering marks one of the few times that Tesla Inc. and SpaceX chief...

Benzinga