Year: 2026
Nike to cut 775 employees as it accelerates ‘automation’ at U.S. distribution centers
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, California, US, on Wednesday, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use of “automation,” CNBC has learned. The layoffs, which […]
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2 takeaways from Nvidia CEO’s CNBC interview — and Jim Cramer’s advice on the stock
Nvidia on Monday revealed another $2 billion investment in neocloud poster child CoreWeave — the latest in a continuing effort by CEO Jensen Huang to support companies that are enabling what he calls the “five-layer cake” of the artificial intelligence buildout. Monday’s announcement is aimed at helping AI infrastructure company CoreWeave develop more than five […]
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Meta, Microsoft and Apple to report earnings. What the charts show, according to Katie Stockton
Megacap earnings kick off this week and are especially important for the major indices, given the ” Magnificent 7 ” account for roughly a third of the S & P 500 Index . From a technical perspective, we focus on their setups heading into the earnings prints to assess whether the probabilities favor positive or […]
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AI spending wasn’t the biggest engine of U.S. economic growth in 2025, despite popular assumptions
Meta’s 5-gigawatt “Hyperion” data center under construction in Richland Parish, Louisiana, on January 9, 2026. Meta The popular narrative that artificial intelligence is the engine keeping the U.S. economy alive appears to be overstated, according to recent analyses. The AI boom has reshaped market valuations, driven large investments and record bond issuance to finance data […]
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Zoom’s ‘hidden gem’ investment in Anthropic could be worth $2 billion to $4 billion, analysts say
Silas Stein | Picture Alliance | Getty Images Shares of Zoom popped 11% on Monday after analysts at Baird estimated that the company’s investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4 billion, depending on dilution assumptions. In May 2023, Anthropic announced a partnership with Zoom and revealed that Zoom […]
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American AI coding agents are impressive. But so are China’s
Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026. Raul Ariano | Bloomberg | Getty Images There’s a new Chinese model gaining buzz among developers: Zhipu AI’s GLM 4.7. That in itself is not new, but what did catch our attention was where it’s becoming […]
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Stocks making the biggest moves midday: GameStop, Booz Allen, CVR Energy, CoreWeave & more
Check out some of the companies making the biggest midday moves: Booz Allen Hamilton — The consulting firm shed more than 5% after the Treasury Department said it canceled all contracts with the company , whose employees leaked the tax records of President Donald Trump, and the billionaires Jeff Bezos and Elon Musk, to media […]
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GameStop shares move higher after Michael Burry says he’s been buying the stock
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters Michael Burry, the investor made famous by his bet against the U.S. housing market ahead of the financial crisis, disclosed that he has been buying shares of one-time meme […]
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Why it’s the perfect time to start a position in this industrial stock
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks are up nicely Monday to kick off the busiest week of this earnings season, including reports from Club holdings Corning , Boeing, Danaher, Starbucks, Meta Platforms , Microsoft […]
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Breeze Airways CEO on winter flight cancellations: We’ll be back to normal by tomorrow
David Neeleman, Breeze Airways founder and CEO, joins ‘Money Movers’ to discuss winter flight cancellations, airlines, and more. Source
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