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Microsoft shakes up Copilot AI leadership team, freeing up Suleyman to build new models
Microsoft AI CEO Mustafa Suleyman speaks during an event highlighting Microsoft Copilot, the company’s AI tool, on April 4, 2025 in Redmond, Washington. The company also celebrated its 50th anniversary. Stephen Brashear | Getty Images News | Getty Images Microsoft said Tuesday that it’s bringing together the engineering groups for its commercial and consumer Copilot […]
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Nvidia’s $1T projection, Trump’s Cuba threats, 1-hour Amazon deliveries and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Soon, your garage won’t be the only gym with a Peloton Bike. The fitness company is ramping up its commercial business, announcing yesterday new Bike and Tread products designed for busy gyms. Stock futures are little changed this morning after […]
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Stocks making the biggest moves premarket: Nvidia, Delta Air Lines, Eli Lilly & more
Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth […]
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CNBC Daily Open: Risk-off trade back on for oil
Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump continues to dominate the news cycle, and his latest round with reporters in the Oval Office has yielded more headlines and market moves this morning. It’s only Tuesday and already it’s been a […]
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Nvidia GTC 2026: CEO Jensen Huang sees $1 trillion in orders for Blackwell and Vera Rubin through ’27
At Nvidia’s annual developer conference on Monday, CEO Jensen Huang took the stage to a packed house and said he expects purchase orders between Blackwell and Vera Rubin to reach $1 trillion through 2027. Last year, the company had projections for a $500 billion revenue opportunity between the two chip technologies. Following Nvidia’s earnings report […]
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Bill Gurley on AI bubble: A bunch of people got rich quick and a reset is coming
Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,” […]
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Stocks making the biggest moves midday: Nvidia, Peloton, Meta, Dollar Tree & more
Check out the companies making the biggest moves in midday trading: Peloton — The connected fitness company, known for its at-home Bike and Tread products, announced a new commercial series for high-traffic gyms on Monday. Shares gained 4.5%. Meta — Shares of the Facebook parent rose more than 2% after Reuters reported that Meta anticipates […]
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Nebius jumps 14% after inking $27 billion infrastructure deal with Meta
In an aerial view, a billboard advertising an artificial intelligence (AI) company is posted on Sept. 16, 2025 in San Francisco, California. Justin Sullivan | Getty Images Meta has signed a new long-term agreement to spend up to $27 billion on Dutch cloud provider Nebius‘ AI infrastructure, the company announced on Monday. Nebius’ shares surged […]
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Oil continues to rise, the Federal Reserve, Nvidia’s big week and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. CNBC’s Brian Sullivan sat down with Treasury Secretary Scott Bessent this morning in Paris, where Bessent just met with his Chinese counterpart. The Cabinet secretary said that “logistics” could delay Trump’s planned trip to China later this month. Stock futures […]
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Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending
Arda Kucukkaya | Anadolu | Getty Images Meta stock was on the up before U.S. markets opened on Thursday following reports the company is planning to lay off over 20% of its workforce to balance its staggering AI spending plans this year. While the timing and details of the cuts had not been finalized, top […]
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