CNBC Tech - Gaming

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1. Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage

   Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts' estimates.

2. Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots

   On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

3. Tesla to invest $2 billion in xAI, Elon Musk's OpenAI competitor

   In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk's artificial intelligence startup.

4. ServiceNow posts better-than-expected fourth-quarter results

   ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.

5. IBM jumps 8% on earnings beat

   IBM CEO Arvind Krishna said the company's generative artificial intelligence book of business hit more than $12.5 billion.

6. Meta’s Reality Labs posts $6.02 billion loss in fourth quarter

   Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.

7. Google brings more Gemini AI features to Chrome browser

   Google is bringing more Gemini AI features to its Chrome browser, the latest in the company's efforts to put its new-age tech front and center for users.

8. Tesla tops estimates for quarter, but wraps up first annual revenue drop on record

   Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.

9. Meta shares jump 10% on stronger-than-expected revenue forecast

   Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance.

10. Microsoft stock drops 7% on slowing cloud growth, light margin guidance

    Microsoft’s finances look more favorable after OpenAI completed a restructuring. But computing capacity and talent are cutting into Microsoft's margin.