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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.
Intel soars 14% on report of Apple chip talks, hits new all-time high
The jump comes on reports that Apple is discussing using Intel chips for its U.S. devices and follows a historic 114% surge last month.
Microsoft Xbox CEO overhauls leadership amid sinking sales: 'We need to evolve how we work'
Asha Sharma, the former Instacart and Meta executive who took over Xbox at Microsoft, said the unit doesn't spend enough time with developers and players.
Iran tensions, Palantir earnings, Musk's SEC settlement and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Pinterest surges 17% after earnings beat as company posts strong guidance
Pinterest cut nearly 15% of the company's workforce and reduced office space in January as it pushes more resources into AI.
Musk texted OpenAI's Brockman about settlement two days before trial began
Elon Musk co-founded OpenAI in 2015 and sued the company, President Greg Brockman and CEO Sam Altman in 2024.
Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
SEC and Elon Musk agree to settle lawsuit over Twitter buyout in 2022
The SEC and Elon Musk agreed to settle a lawsuit filed by the regulator last year against the world's richest person.
Circle jumps nearly 20% on Clarity Act compromise that preserves stablecoin rewards
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
The move marks Anthropic's latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
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