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Dow inclusion is not a reason to buy Alphabet. But these other reasons may be
The recent crack in the AI trade might open the door.
Nike names a new finance chief, but our plan for the stock isn't changing
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The global chip rout, Cerebras earnings, the PGA Tour's next chapter and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
South Korea’s biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing as soon as July 10
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
Morgan Stanley doubles China humanoid robot shipment forecast as commercialization accelerates
Morgan Stanley has sharply raised its outlook for China's humanoid robotics market, as early commercial deployment in real-world scenarios accelerated.
Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet will replace Verizon in the Dow Jones Industrial Average.
Cerebras falls 10% after chipmaker forecasts shrinking margin in first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
SpaceX raises $25 billion in debt sale less than two weeks after IPO
SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
An off-grid power project gets a major proof of concept. What it means for GE Vernova
AI data centers powered by off-grid power plants took a major step forward this week, a good sign for GE Vernova as industry challenges pile up.
SpaceX stock falls below $150 debut price, sending market cap under $2 trillion
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
AI groups spend $20 million going head-to-head in New York race pitting Bores, Lasher, Schlossberg
Companies are spending big to shape AI policies at the federal level. And the Manhattan House Democratic primary will be a test of where voters stand.
Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.
Tech rout intensifies as sell-off grips global stocks
Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Meta announces new smart glasses starting at $299, as Zuckerberg keeps pushing wearables
Meta executives have said they see the lightweight smart glasses as a step towards a more advanced device that includes screens in the lenses.
AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
Tech sell-off, Iranian oil sales, Target's crisis of confidence and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Google’s online dominance is showing signs of cracking in AI era
While Google remains in a position of strength in the eyes of Wall Street, the AI era is complicating the company's story.
Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla's partially automated driving systems.
Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Rep. Ro Khanna, D-Calif., has been a critic of the Elon-Musk-led Department of Government Efficiency cuts.
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