Technology
‘Big Short’ investor Michael Burry says he’s not shorting Tesla
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Renowned investor Michael Burry on Wednesday denied shorting Tesla‘s shares after calling the EV maker “ridiculously overvalued.” In a social media post on X, the […]
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Khanna calls for nationwide fraud investigation after wealth tax proposal caused firestorm
California Democrat Rep. Ro Khanna says he has a solution for Silicon Valley elites angered by his embrace of a wealth tax: Tackling fraud. Over the weekend, Khanna came under fire from some donors and allies in the tech industry after he endorsed a wealth tax. Labor groups in California are trying to add a […]
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Apple needs to deliver an AI-charged Siri so good it gets older iPhone users to upgrade
Apple CEO Tim Cook speaks as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters Apple has one heck of a mulligan coming ahead of its 50th anniversary in 2026. After failing on its promise to launch an artificial intelligence-supercharged version […]
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Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC
Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. Softbank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker. CNBC […]
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California’s Ro Khanna faces Silicon Valley backlash after embracing wealth tax
Democrat Rep. Ro Khanna has embraced a wealth tax in his home state of California, and his longtime allies in Silicon Valley are now threatening to abandon him. California labor groups are trying to add a proposal for a statewide tax on billionaires to the November ballot. The proposal is causing a rift among Democrats […]
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S&P 500 hits new highs, flight cancellations, the restaurant industry’s value push and more in Morning Squawk
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 17, 2025. Brendan McDermid | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Green Christmas Joy to […]
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From data center spas to servers in space: How the energy crunch is reshaping cloud computing
Lenovo in partnership with AKT II and Mamou-Mani imagines the data centers of the future: a data center spa James Cheung, partner at Mamou-Mani Artificial intelligence is advancing at breakneck speed, forcing a rethink of how the power-hungry servers behind the boom can coexist with — and draw less from — the environment. Data centers […]
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