Day: October 7, 2025
Jensen Huang explains why Nvidia’s latest partnership with OpenAI is different
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and […]
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U.S. air traffic control staffing hit for second day, delaying flights
A plane takes off from Hollywood Burbank Airport as operations resume a day after the airport operated for hours without a staffed control tower due to staffing shortages amid the U.S. government shutdown in Burbank, California, U.S., October 7, 2025. Daniel Cole | Reuters Air traffic control staffing issues are delaying flights for a second […]
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Stock futures were little changed after S&P 500 snaps 7-day win streak: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 01, 2025, in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Tuesday night, after the S&P 500 capped a seven-day win streak because of a drop in Oracle that called to question the sustainability […]
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Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out. “I’m sure at some point there’ll be too many of these things built, but we don’t see any signs of that,” Dell said on “Closing Bell: Overtime.” The hardware […]
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Healthy Returns: Amgen joins a growing list of drugmakers selling directly to consumers
The Amgen headquarters in Thousand Oaks, California. Eric Thayer | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients […]
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Trump suggests not all furloughed workers will get back pay: ‘It depends’
U.S. President Donald Trump speaks as he and Canada’s Prime Minister Mark Carney (not pictured) meet in the Oval Office at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | Reuters President Donald Trump suggested Tuesday that some federal workers who have been furloughed during the government shutdown will not receive […]
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OpenAI’s Sora 2 must stop allowing copyright infringement, Motion Picture Association says
Cfoto | Future Publishing | Getty Images The Motion Picture Association on Monday urged OpenAI to “take immediate and decisive action” against its new video creation model Sora 2, which is being used to produce content that it says is infringing on copyrighted media. Following the Sora app’s rollout last week, users have been swarming […]
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September, typical boom month for shipping, looks more like freight recession this year
Lorado | E+ | Getty Images September, a key month for shipping ahead of the holiday season, is usually a boom one inside the freight business and supply chain, with products moving from warehouses to stores or consumers. Not this year. The latest Logistics Managers’ Index, which tracks inventory levels, warehouse costs, transportation capacity, and […]
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Stocks making the biggest moves midday: Oracle, Figma, Trilogy Metals, Ford and more
Check out the companies making headlines in midday trading: Oracle — The software giant fell more than 5%, leading a reversal in tech stocks, after The Information reported its margins on its cloud business are weaker than analysts currently estimate and that it is losing money on some of its Nvidia chip deals. Figma — […]
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Billionaire tech investor Orlando Bravo says ‘valuations in AI are at a bubble’
Thoma Bravo co-founder Orlando Bravo said that valuations for artificial intelligence companies are “at a bubble,” comparing it to the dotcom era. But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses. Bravo’s private equity firm boasts more than $181 billion in assets […]
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