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Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.
DoorDash pops 12% on strong earnings, upbeat order growth guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
Anthropic, SpaceX announce compute deal that includes space development
Anthropic said it's forged a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.
AMD's Su explains what's behind massive forecast change as stock roars 15% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.
This AI stock was left for dead. Now traders are betting big on a comeback
Options volumes skew bullish in the stock.
Uber pops 8% as company issues higher-than-expected bookings guidance
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI
Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.
Jim Cramer warns this stock may have run up too much ahead of earnings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Peace hopes, Disney earnings, dismantling Spirit Airlines and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Apple's R&D investments top 10% of sales as AI race creates 'sense of urgency'
Apple’s R&D spending has crossed 10% of revenue for the first time in at least 30 years, and increased twice as fast as sales in the latest quarter.
In the global AI race, a sanctioned Chinese firm says cheaper models can still win
As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.
Samsung crossses $1 trillion valuation as AI frenzy drives historic rally, lifting shares over 15%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
Bitcoin treasury firm Strategy breaks from 'never sell' approach to the flagship crypto
Strategy is shifting from passive bitcoin accumulation to actively managing balance sheet to boost bitcoin per share value.
Jim Cramer: Here's the list of AI winners to buy for 2026 and beyond
CNBC's Jim Cramer said the data center and artificial intelligence boom is spreading far beyond tech companies and into nearly every corner of the market.
OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla
OpenAI President Greg Brockman concluded his testimony on Tuesday as the blockbuster trial between the AI startup and Elon Musk rolled into its second week.
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.
Micron zooms past $700 billion market cap as rally in memory stocks accelerates
Micron has emerged as one of the most valuable U.S. tech companies thanks to insatiable demand for memory that's needed in AI chips.
Trump admin moves further into AI oversight, will test Google, Microsoft and xAI models
The White House is also considering a new AI working group that would explore potential oversight and vet models before release, CNBC confirmed.
Coinbase cuts headcount by 14% citing AI acceleration
Coinbase will cut roughly 14% of its workforce, citing a combination of market volatility and the how AI is quickly changing how the company operates.
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