Month: January 2026
Target’s incoming CEO calls Minneapolis violence ‘incredibly painful,’ does not mention Trump or shootings by federal agents
Fiddelke, Target’s chief operating officer, will step into the CEO role on Feb. 1. In the video message to employees, he said he’s looking forward to starting the job in a week and “this isn’t the first message I imagined I’d send.” He said he’s “been meeting with a range of leaders and this weekend […]
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Microsoft reveals second generation of its AI chip in effort to bolster cloud business
Scott Guthrie, executive vice president of cloud and enterprise at Microsoft, speaks at the Microsoft Build developer conference in Seattle on May 7, 2018. The Build conference, marking its second consecutive year in Seattle, is expected to put emphasis on the company’s cloud technologies and the artificial intelligence features within those services. Grant Hindsley | […]
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Air travel will return to normal by Wednesday, Transportation Secretary Duffy says
Transportation Secretary Sean Duffy said the Federal Aviation Administration needs two more days to fully recover from the significant flight disruptions that came over the weekend due to the massive winter storm that swept across the country. In an interview Monday on CNBC’s “Squawk Box,” Duffy said the FAA is targeting Wednesday as the day […]
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USA Rare Earth shares jump 20% as Commerce Department takes equity stake
Thomas Fuller | Lightrocket | Getty Images USA Rare Earth shares rallied on Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA […]
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Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing
White House Border Czar Tom Homan speaks on FOX News on the North Lawn of the White House on February 6, 2025 in Washington, DC. Andrew Harnik | Getty Images Trump administration border czar Tom Homan will head to Minnesota to manage U.S. Immigration and Customs Enforcement’s on-the-ground operations there in the wake of Alex […]
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These are the European startups Nvidia backed in 2025, as it ramped up investing in the continent’s AI companies
Arthur Mensch of Mistral AI, Jensen Huang CEO of Nvidia, on stage at Vivatechnology, in Paris, France on June 11, 2025. (Photo by AUGUSTIN PASQUINI/Hans Lucas/AFP via Getty Images) Augustin Pasquini | Afp | Getty Images Nvidia has become something of an AI kingmaker as hyperscalers rush to build out AI capacity. It’s also got […]
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CoreWeave stock jumps 9% as Nvidia invests $2 billion to expand AI data center capacity
Michael Intrator, CEO of Coreweave, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Shares of CoreWeave popped 9% in premarket trading on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider. Nvidia purchased CoreWeave Class A […]
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Minnesota shooting, Big Tech earnings, the winter storm and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. My gym in New York City unexpectedly closed early for the winter storm yesterday, but I was able to get in a makeshift workout pushing a taxi out of a snowbank. Stock futures are little changed this morning. The market […]
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Stocks making the biggest moves premarket: USA Rare Earth, Allied Gold, CoreWeave, Enphase & more
Check out the companies making the biggest moves before the bell: USA Rare Earth — Shares rose more than 21% after the Trump administration took a stake in the rare earths miner. The company will issue 16.1 million shares of common stock and 17.6 million in warrants. Allied Gold — The gold miner climbed more […]
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Silver just broke another record. Here’s what’s driving the precious metal’s new price surge
Silver prices are hitting new all-time highs, with the precious metal extending last year’s landmark advance into 2026. U.S. spot silver gained 5.9% on Monday, pushing the price to $109.1. U.S. silver futures , meanwhile, surged 7.5% to top $108.8. The metal skyrocketed 150% in 2025, outflanking the record surge in gold. Silver’s central role […]
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