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Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.
Cisco's stock pops 17% on surging AI orders, as company says it's cutting almost 4,000 jobs
Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals
Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
AI-driven cyberattacks will start to be the 'new norm' in months, Palo Alto warns
The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.
Why this unheralded AI stock can go higher despite its recent massive rally
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
Anduril doubles valuation to over $60 billion as defense tech funding boom continues
The company is working on space-based interceptors for Trump's $185 billion Golden Dome defense system
Altman details Musk's OpenAI fallout, says nonprofit was 'left for dead'
Musk has accused Altman and another OpenAI co-founder of trying to "steal a charity"
Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot
Amazon introduced Alexa for Shopping, an e-commerce bot that can answer queries and take actions on behalf of users
Nvidia's Jensen Huang bets on this British startup to build 'next frontier' of AI
Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.
Inflation jumps, Altman's testimony, Huang joins Trump's China visit and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
China's Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected
The tech giant reported its first-quarter 2026 earnings on Wednesday.
Jensen Huang joins Trump's China trip after the U.S. president called the Nvidia CEO
The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.
Samsung Electronics recovers $66 billion intraday wipeout after Seoul steps in to calm strike fears
Samsung Electronics reversed steep intraday losses after South Korea’s government urged labor and management to resume talks.
OpenAI trial updates: Altman says Musk's exit was a 'morale boost' for some employees
Elon Musk is accusing OpenAI CEO Sam Altman and President Greg Brockman of trying to 'steal a charity.'
EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'
Many analysts questioned the deal, citing concerns about how GameStop would finance the transaction and the strategic rationale.
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.
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