Month: January 2026

Airbnb poaches former Meta GenAI leader to be new technology chief
Technology

Airbnb poaches former Meta GenAI leader to be new technology chief

Airbnb has tapped Ahmad Al-Dahle, former head of generative artificial intelligence at Meta Platforms, as its news technology chief, CEO Brian Chesky announced on Wednesday. “With Ahmad, we are really, really excited because we have an opportunity to do AI right for travel, to do AI right for ecommerce,” Chesky told CNBC’s Andrew Ross Sorkin. […]

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Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce
Travel

Airbnb CEO Brian Chesky on new CTO: We have an opportunity to do AI right for travel and e-commerce

Airbnb CEO Brian Chesky joins ‘Squawk Box’ to discuss the hiring of Meta’s former head of GenAI, Ahmad Al-Dahle, as its new Chief Technology Officer, how the move came about, what it means for the company’s AI ambitions, his thoughts on the CA wealth tax, and more. Source

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Supreme Court tariff ruling: It’s not just about refunds. Volume of U.S. freight trade could hinge on decision
World

Supreme Court tariff ruling: It’s not just about refunds. Volume of U.S. freight trade could hinge on decision

A demonstrator outside the US Supreme Court in Washington, DC, US, on Wednesday, Nov. 5, 2025. Eric Lee | Bloomberg | Getty Images The looming U.S. Supreme Court decision on the legality of many of President Donald Trump’s tariffs has companies on edge as they eye potential refunds, but the ruling also could quickly influence […]

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Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk
Technology

Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With yesterday’s inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill. Stock futures are down this morning. The three major indexes are coming off a losing day. Here are five […]

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Congressional stock trading ban bill to get its first vote Wednesday
Politics

Congressional stock trading ban bill to get its first vote Wednesday

The U.S. Capitol at sunset in Washington, D.C., U.S. December 23, 2025. Tyrone Siu | Reuters Lawmakers could face a ban on buying new stocks under a bill poised to get its first vote Wednesday. But hurdles remain, including opposition from most Democrats who say the bill doesn’t go far enough in preventing insider trading […]

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Stocks making the biggest moves premarket: Wells Fargo, Bank of America, Netflix & more
World

Stocks making the biggest moves premarket: Wells Fargo, Bank of America, Netflix & more

Check out the companies making headlines before the bell. Trip.com — The company’s stock plunged 13% after Reuters reported that Chinese market regulators are investigating the travel website. Netflix — Shares rose nearly 2%. Netflix is preparing an all-cash $72 billion bid for Warner Bros. Discovery’s studios and HBO Max, The Wall Street Journal reported […]

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Citigroup is set to report earnings before the bell
Business

Citigroup is set to report earnings before the bell

Chief executive officer of Citigroup Jane Fraser visits FOX Business Network’s “Mornings With Maria” at Fox Business Network Studios on May 29, 2025 in New York City. John Lamparski | Getty Images Citigroup is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $1.67 a share, according to […]

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How activist investors plan to take on Big Oil at the 2026 AGM season
World

How activist investors plan to take on Big Oil at the 2026 AGM season

The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Dutch group Follow This on Wednesday launched a newly revised strategy to take on Big Oil at the upcoming proxy season, seeking to increase shareholder pressure on the financial sustainability of fossil […]

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Bank of America hikes price target on this defense stock following major Pentagon investment
World

Bank of America hikes price target on this defense stock following major Pentagon investment

Bank of America sees shares of L3Harris Technologies moving higher following a massive investment from the U.S. Defense Department. The bank reiterated its buy rating on the aerospace and defense company and hiked its price objective to $400 from $350. That’s about 17% above where shares closed on Tuesday. The change comes a day after […]

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Bank of America is set to report fourth-quarter earnings – here’s what to expect
Business

Bank of America is set to report fourth-quarter earnings – here’s what to expect

Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: […]

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