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Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
The recent rally has shown a broadening of the AI trade beyond chipmaking giant Nvidia.
Trump's China trip, Nadella's testimony, GM layoffs and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Amazon accelerates delivery race with 30-minute drop-offs in dozens of U.S. cities
Amazon has been gradually speeding up its delivery windows, after getting customers hooked on two-day and next-day shipping.
SoftBank has injected $450 million into this British AI chip company
U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.
EU to crack down on TikTok, Instagram's ‘addictive design’ targeting kids on social media
"We are investigating platforms that allow children to go down "rabbit holes" of harmful content," EU Commission President Ursula von der Leyen said Tuesday.
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Before joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
Trump invited Tesla's Elon Musk, Apple's Tim Cook and Blackrock's Larry Fink to join his China trip for talks with Xi Jinping on trade, AI and geopolitics.
Hassett says AI isn't costing anybody their job right now — but tech layoffs keep coming
Tech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.
Micron shares are rising again despite weak overall market. Why memory chip rally seems unstoppable
Micron is among the "most hyped stocks on social media" as retail enthusiasm simmers
Circle raises $222 million from BlackRock, Apollo and others in Arc token presale valued at $3 billion
Andreessen Horowitz served as the lead investor in the sale with a $75 million investment. Other investors include BlackRock and Apollo Funds.
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.
‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
A solid tech earnings season has seen investor jitters earlier this year evaporate
Trump rejects Iran's proposal, Alphabet's rally, Target 'baby boutiques' and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
OpenAI to give EU access to new cyber model but Anthropic still holding out on Mythos
OpenAI announced on Thursday it was granting preview access to its latest cyber model to vetted cybersecurity teams.
Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
Investors are concerned about Nintendo's outlook of lower Switch 2 sales in the current fiscal year, driven by price rises for the console.
Do you need a chief AI officer? Here's how the tech is changing boardrooms
AI may now be coming for the C-suite, according to a report published Monday by IBM, which found that most companies were now staffing chief AI officer roles.
Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels
A burgeoning group of YouTube strategists are charging big money to YouTubers who want to expand their popularity.
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