Latest news
TikTok signs agreement to create new U.S. joint venture, memo says
TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.
Instacart to pay $60 million to settle FTC claims it deceived customers
The federal agency alleged that Instacart used a number of deceptive tactics in its subscription sign-up and "satisfaction guarantee" advertising.
Micron stock pops 12% as AI memory demand soars: 'We are more than sold out'
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
Nvidia and Alphabet VC arms back vibe coding startup Lovable at $6.6 billion valuation
The announcement confirms details reported by CNBC on Tuesday.
Visa says new AI shopping tool has helped customers with hundreds of transactions
Visa said it successfully completed hundreds of AI transactions as part of a pilot program it kicked off after a product event in April.
Trump defends economy, CPI report returns, monster Medline IPO, and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
CNBC Daily Open: Concerns over Oracle's debt spill over into its projects
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room to run into 2026."
SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
The tech-heavy Nasdaq Composite slipped 1.81%, dragged by losses in Oracle, Broadcom, Nvidia and other AI names.
Instacart shares drop on report that FTC is probing company over AI pricing tool
The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people.
Coinbase adds prediction markets and stock trading in push to be one-stop trading app
Coinbase is expanding into stocks, advanced trading, prediction markets, and new tools for businesses, developers, and automated financial guidance.
MetaX and Moore Threads' IPOs underscore Chinese chipmakers' growing challenge to Nvidia
New entrants like MetaX and Moore Threads join tech giants Huawei, Baidu and Alibaba in rushing to produce Nvidia alternatives.
Micron forecasts surging revenue as computer memory demand for AI remains high
The high demand for memory has driven Micron shares higher and they are up 168% in 2025.
Cramer slams Amazon for considering a circular AI deal reminiscent of the dotcom bubble
"I really respect Amazon, and this shocks me that they're willing to put up with this," Jim Cramer said Wednesday.
Oracle stock dips 5% on report Blue Owl Capital won't back $10 billion data center
The cloud company later said the project was moving forward and "on schedule," but that Blue Owl was not part of equity talks.
Amazon says AI chief Rohit Prasad is leaving, Peter DeSantis to lead 'AGI' group
Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving at the end of this year, the company confirmed.
Apple punted on AI this year. Next year will be critical
Apple this year delayed its big Siri upgrade to 2026. As the company looks ahead, the pressure is on for the iPhone maker to show investors its AI strategy.
Unemployment rate rises, Tesla's 2025 turnaround, Siri's AI upgrade and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
OpenAI in talks with Amazon about investment that could exceed $10 billion
OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed.
California judge rules that Tesla engaged in deceptive marketing around Autopilot
An administrative law judge in California ruled Tesla's license to sell or manufacture cars in the state should be suspended for 30 days.
Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut
Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared nearly 700% after raising nearly $600 million in its initial public offering.
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