News from the economy, politics and the financial markets
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Latest news
Amazon's losing streak, Berkshire's new position, the 'boomcession' and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
‘A matter of national survival’: European governments on how they're accelerating digital sovereignty as geopolitical tensions ramp up
The region's reliance on U.S. systems has come under scrutiny as its relationship with the Donald Trump administration has become strained.
More than 50% of enterprise software could switch to AI, Mistral CEO says
Software stocks have sold off on fears AI could eat into so-called software as a service, or SaaS, business models.
We cut our Palo Alto price target, but view the post-earnings drop as an opportunity
With noise around guidance, investors are better served focusing on the qualitative commentary regarding the impact of AI on business.
Tesla adding Grok AI chatbot to its cars in the UK, Europe amid regulatory probes
The embattled xAI Grok chatbot is coming to Tesla EVs in the U.K. and Europe.
Palo Alto Networks slumps 6% as third quarter profit guidance falls short
The cybersecurity company also said on Tuesday that it's buying Israeli startup Koi
Google's I/O developer conference to be held May 19 and 20, says Alphabet
Google announced Tuesday that its annual developer conference will be held on May 19 and 20 at its headquarters in Mountain View, California.
Meta expands Nvidia deal to use millions of AI chips in data center build-out, including standalone CPUs
Meta expands partnership with Nvidia in a deal likely worth tens of billions, for deploying millions of GPUs and new standalone CPUs in AI data centers
Palantir moving its headquarters from Denver to Miami
The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform the region into a hub for innovation.
Anthropic releases Claude Sonnet 4.6, continuing breakneck pace of AI model releases
Claude Sonnet 4.6 is more consistent with coding and is better at following coding instructions, Anthropic said.
We may buy more of a stock that has been pulled into the software sell-off
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Cloud startup Render raises funding at $1.5 billion valuation as AI-built apps boom
Render is one of the beneficiaries of growing competition in the cloud computing world spurred by the booming demand for artificial intelligence.
Figma partners with Anthropic to turn AI-generated code into editable designs
Figma has been caught in the software stock selloff that has sent names like Salesforce, ServiceNow, and Intuit plummeting.
Jesse Jackson dies, Hyatt's Epstein fallout, Apple's podcast push and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Snap to launch creator subscriptions in push to diversify revenue
Snap is entering a crowded market, with Patreon, Substack and OnlyFans built around paid memberships, while YouTube and Instagram also have their own offerings.
India discussing age-based restrictions with social media firms, top minister says
The comments come after Australia in December became the first to ban users under the age of 16 from accessing major social media platforms.
India's Adani to invest $100 billion in AI data centers over the next decade
The blockbuster investment comes as India pushes to gain a stronger foothold in the global artificial intelligence race.
Apple takes on YouTube and Spotify with new video podcasting push
Apple will bring a new integrated video podcast experience to Apple Podcasts this spring.
AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
"The action we took on Grok sent a clear message that no platform gets a free pass," U.K. Prime Minister Keir Starmer said on Sunday.
China's tech shock threatens the U.S. AI monopoly and is 'just getting started'
"You could see easily a world where maybe most of the world's population is running on a Chinese tech stack in five to 10 years time," one analyst told CNBC.
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