Month: February 2026
Super Bowl AI ad spat heats up as Altman lashes out at Anthropic campaign
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images After Anthropic took aim at OpenAI’s ad push in a new Super Bowl campaign on Wednesday, OpenAI CEO Sam Altman shared a […]
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Novo Nordisk and Eli Lilly tumble after Hims & Hers announce $49 copy of Wegovy pill
Weight-loss drugmakers Eli Lilly and Novo Nordisk tumbled after telehealth company Hims & Hers announced Thursday it will offer a copy of the newly launched Wegovy pill for $49, far less than the $149 Novo sells the branded pill for. Copenhagen-listed shares of Novo dropped as much as 9% on the news, while Eli Lilly […]
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OpenAI launches new enterprise platform in bid to win more business customers
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI on Thursday announced a new enterprise platform called Frontier, its latest launch as part of its ongoing effort to win more business customers. Frontier acts as an intelligence layer that stitches together disparate systems […]
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We’re booking profits in an industrial-focused stock benefiting from tech exodus
Shortly after the opening bell, we will be selling 100 shares of DuPont at roughly $48. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 1,525 shares of DD, decreasing its weighting to about 1.85% from about 2%. We are booking big gains in DuPont to take advantage of the recent market rotation out of […]
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Software stocks struggle, Google’s AI spending, layoffs surge and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Taco Bell’s parent company reported strong same-store sales growth for the chain yesterday, which makes me wonder how much my Crunchwrap Supreme orders contributed. Stock futures are falling this morning. The S&P 500 saw another losing session yesterday. Here are […]
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Stocks making the biggest moves premarket: Qualcomm, Strategy, Align, Estee Lauder and more
Check out the companies making the biggest moves in premarket trading: Qualcomm — The chipmaker sank nearly 11% as a global memory shortage hurt its forecast . Qualcomm expects fiscal second-quarter adjusted earnings of between $2.45 and $2.65 per share on revenue of $10.2 billion to $11 billion. Analysts polled by LSEG were expecting $11.11 […]
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Google parent Alphabet shares are down premarket after its earnings beat. Here’s what’s happening
Alphabet’s shares were down in premarket trading on Thursday after the company beat Wall Street’s expectations on earnings and revenue, with AI spending projected to increase hugely this year. The Google parent shed 4.9% in premarket as of 7:50 a.m. ET, after closing nearly 2% lower on Wednesday. After the bell, Alphabet reported fourth-quarter revenue […]
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Where billionaires’ investment firms placed their bets in January
Key Points Investment firms of the ultra-rich started the new year with buzzy investments, including in a motorcycle racing team. But 2026 is hardly off to a roaring start, with family offices making 32% fewer direct investments in January on an annual basis, according to Fintrx. While family offices are making fewer bets, their appetite […]
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Bank of England holds rates for now — so when’s the next cut coming?
People walk along Bank Junction next to the Bank of England in the City of London, the capital’s financial district. Vuk Valcic | SOPA Images | Lightrocket | Getty Images The Bank of England kept interest rates on hold at 3.75% at its first meeting of 2026 on Thursday. The central bank’s nine-member Monetary Policy […]
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Peloton posts weak holiday quarter after splashy product overhaul fails to land
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its own internal sales targets in the three months ended […]
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