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Last updated: 03.01.2026 16:31:44

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Nvidia shares rise on stronger-than-expected revenue, forecast

Nvidia CEO Jensen Huang said sales for the company's current-generation GPU, called Blackwell, are "off the charts."

Palo Alto tops earnings expectations, announces Chronosphere acquisition

The cybersecurity company said in July it would by Israeli cybersecurity provider CyberArk for $25 billion.

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Meta chief AI scientist Yann LeCun is leaving the company, marking an end of an era of pioneering computer science research at the Facebook parent.

Elon Musk's xAI will be first customer for Nvidia-backed data center in Saudi Arabia

Nvidia and xAI said a data center being built in Saudi Arabia and equipped with hundreds of thousands of Nvidia chips will count xAI as its first customer.

Adobe to buy Semrush for $1.9 billion, sending marketing platform's shares up 74%

Adobe said Semrush's search engine and marketing tools can help brands engage and grow customers, especially in the age of artificial intelligence.

Alphabet stock surges on Gemini 3 AI model optimism

Google said Gemini 3 allows users to get better answers to more complex questions and doesn't need as much prompting to determine the context.

Block's stock pops 9% on gross profit forecast, 3-year financial outlook

Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.

Luma AI raises $900 million in funding round led by Saudi AI firm Humain

Luma AI, a video startup, has raised a $900 million funding round led by Saudi AI company Humain to to build a supercluster in Saudi Arabia.

Kraken confidentially files for IPO following $800 million raise

Kraken confidentially filed with federal regulators to go public in the U.S. after recently raising $800 million at a $20 billion valuation.

OpenAI rolls out 'ChatGPT for Teachers' for K-12 educators and districts

ChatGPT for Teachers will be free to K-12 educators in the U.S. through June 2027

Perplexity announces free product to streamline online shopping

Perplexity AI announced it will roll out a free agentic shopping product for U.S. users next week

Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum

The event comes a day after President Donald Trump met with Saudi Crown Prince Mohammed bin Salman at the White House.

Nvidia earnings, Target's profit outlook, Meta's antitrust victory and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

The $500 billion Nvidia question, and 4 others, CEO Jensen Huang must answer tonight

Nvidia earnings will be out after Wednesday's close, and AI rockstar CEO Jensen Huang will be on the hot seat.

Blip, dip, pullback or the beginning of the end? Global investors weigh in on equities sell-off

Once asset light businesses have morphed into capex-heavy hyperscalers, leading to investor concern.

Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume

The development appears to bring an end to a bitter dispute between the Netherlands and China.

CNBC Daily Open: AI firms are getting money while their stocks are losing value

Money from technology companies keeps flowing into their compatriots, while money from investors are leaving technology stocks.

‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says

Bank of America’s Global Fund Manager Survey found concerns about an AI bubble are mounting.

Tesla obtains permit to operate ride-hail service in Arizona

The Arizona Department of Transportation said Tesla obtained a "transportation network company" permit in the state.

CNBC Daily Open: The flow of money in AI appears one-way at this point