Advanced Micro Devices Inc
Cisco’s stock drops 7% on mediocre forecast even as earnings and revenue top estimates
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did […]
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Anthropic executive takes a thinly-veiled swipe at OpenAI over spending and ads
Anthropic is focused on growing its business rather than making “flashy headlines,” its commercial chief told CNBC in a thinly-veiled swipe at rival OpenAI as the public war of words between the AI giants continues. Anthropic aired ads at Sunday’s Super Bowl taking a dig at OpenAI’s decision to begin testing ads on ChatGPT. OpenAI […]
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Astera Labs shares sink 10% as revenue comes up short of some expectations
Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts’ expectations. Here’s how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs. […]
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Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers
Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have […]
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This ancillary AI stock hits another record high. How we’re playing the rally
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. The S & P 500 rose on Monday, supported by strength in big tech. Club holdings Nvidia and Broadcom climbed more than 3%, building on gains from Friday’s broad […]
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Stocks making the biggest moves premarket: Oracle, Novo Nordisk, Hims & Hers Health, Kroger and more
Check out the companies making headlines before the bell. Oracle — Shares rose 2% after the technology firm received an upgrade to buy from neutral from DA Davidson. ” We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live […]
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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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CNBC Daily Open: Alphabet could more than double its capex in 2026, unsettling investors
A pedestrian walks by a sign at Google headquarters on Feb. 4, 2026 in Mountain View, California. Justin Sullivan | Getty Images Alphabet’s fourth-quarter earnings and revenue beat Wall Street expectations. Its cloud unit dazzled, notching a nearly 48% increase in revenue from a year earlier. The tech giant expects capital expenditure for 2026 to […]
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Asia markets mostly fall, tracking Wall Street losses as tech sell-off continues
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling. Notably, Advanced […]
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CNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in markets
Signage outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Alphabet’s fourth-quarter earnings and revenue beat Wall Street expectations. Its cloud unit dazzled, notching a nearly 48% increase in revenue from a year earlier. The tech giant expects capital expenditure for 2026 […]
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