Advanced Micro Devices Inc
How Amazon’s massive stake in OpenAI could boost its AI and cloud businesses
Amazon on Friday unveiled a strategic partnership with OpenAI that includes an investment of up to $50 billion, the latest sign of deepening ties between the tech giant and the maker of ChatGPT. As part of the deal, OpenAI will use more Amazon Web Services infrastructure, including a commitment to deploy 2 gigawatts of the […]
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Nvidia’s stock wrapping up tough week as Wall Street focuses more on competition than growth
Nvidia CEO Jensen Huang speaks during a dinner event with the company’s Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that “compute demand is skyrocketing.” Investor concerns […]
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Here’s an update on our 4th Industrial Revolution stocks and the rest of the portfolio
On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen […]
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Jim Cramer: Here are 4 reasons I can’t be negative on this stock market
Stocks fell on Friday after a key inflation gauge came in much hotter than expected, and fears of AI disruption continued to rise. But CNBC’s Jim Cramer said there are four reasons why he remains bullish right now. “I am not going to be pessimistic when the 10-year [Treasury] is going down in yield,” he […]
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Dell shares climb 19% on earnings beat as company navigates rising memory costs
Dell shares soared 19% on Friday after the company beat fourth-quarter estimates and issued strong guidance, as a historic memory shortage puts pressure on prices in the sector. Dell reported adjusted earnings of $3.89 per share, exceeding the $3.53 per share expected by analysts surveyed by LSEG. The company reported $33.38 billion in revenue for […]
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OpenAI closes $110 billion funding round with backing from Amazon, Nvidia, Softbank
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI has closed a $110 billion funding round, a financing that’s more than double the size of its last raise a year ago, which was a record for a private tech company. Amazon invested $50 […]
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Netflix drops its WBD bid, Block layoffs, Anthropic’s DOD deadline and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. I spent last night watching a love triangle play out in the Broadway musical “Chess.” So, it’s only fitting that we bring you the latest updates on Netflix and Paramount Skydance‘s battle for Warner Bros. Discovery in this morning’s edition. […]
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An Indian company is set to build a $2 billion AI hub with Nvidia’s GPUs and go public. Here’s what we know so far
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s Yotta Data Services, which is building a $2 billion artificial intelligence hub using Nvidia‘s chips, said demand for graphic processing units in the country is […]
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CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war
In the latest plot twist of the high-stakes bidding war for Warner Bros. Discovery, Netflix said Thursday it would not increase a counteroffer for the company’s studio and streaming assets, effectively clearing the way for Paramount Skydance’s revised bid to take center stage. That comes after the WBD board deemed Paramount’s revised all-cash bid earlier this week of $31 […]
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Asia markets opens mixed after Wall Street pullback on Nvidia slump
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat. Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000 […]
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