Month: January 2026
Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
Alex Dhillon, CEO and founder of Outtake Courtesy: Abiola Familusi Alex Dhillon spent almost five years at Palantir before leaving to build cybersecurity startup Outtake. Now his former boss is helping fuel his new company’s growth, alongside a roster of investors that includes Microsoft CEO Satya Nadella. Outtake, which counts OpenAI and Bill Ackman’s Pershing […]
Read More
Snap establishes Specs subsidiary for its AR glasses
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles. Andrej Sokolow | Picture Alliance | Getty Images Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc. The company said the subsidiary will provide “greater […]
Read More
The Fed meeting, Starbucks earnings, Amazon layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. When you work in journalism, there’s a new surprising story each day. Yesterday, it was about what gold investors can learn from King Henry VIII’s reign. S&P 500 futures are rising this morning after a winning day. Here are five key […]
Read More
Greenland will not give in, PM says, as Denmark warns world order as we know it is over
Danish Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen hold each other as they leave the venue after a meeting in Nuuk, Greenland, on January 23, 2026. Jonathan Nackstrand | Afp | Getty Images Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future, while Denmark warned […]
Read More
The ‘strongest currency on earth’ just hit an 11-year high — and it’s stirring up trouble in Switzerland
The alpine village of Alvaneu, Graubunden canton, Switzerland Roberto Moiola / Sysaworld | Moment | Getty Images Safe haven assets are off to a good start in 2026, with widespread uncertainty sending gold and silver to new records and the Swiss franc trading at decade highs. But in Switzerland, policymakers are watching with apprehension. The […]
Read More
China’s next DeepSeek moment could come from a group of AI chipmaking ‘dragons’
One year after DeepSeek upended the U.S. markets, investors are bracing for what could be the next moment of reckoning out of China: A rapid and coordinated push to scale home-grown Nvidia rivals for artificial intelligence chips. In just the past two months, four startups, dubbed China’s “four dragons,” have already gone public or filed […]
Read More
Deutsche Bank raided by German police in money laundering probe
German police carried out raids at Deutsche Bank in Frankfurt and in Berlin on Wednesday morning, as part of an investigation into money laundering. Shares in the German lender were last seen down about 2.7% following news of the probe, which was first reported by Spiegel. “We confirm Frankfurt prosecutors are currently conducting an investigation […]
Read More
Trump warns Iran an ‘armada’ is heading its way and to agree a nuclear deal, or else
U.S. President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO summit in The Hague in the Netherlands. Brendan Smialowski | Afp | Getty Images U.S. President Donald Trump warned Iran on Wednesday that an “armada” was heading toward it and […]
Read More
Stocks making the biggest moves premarket: ASML, Texas Instruments, Qorvo & more
Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Texas Instruments — The chipmaker jumped more than 8% […]
Read More
Starbucks is about to report earnings. Here’s what to expect
People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per […]
Read More