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Tech industry group expresses ‘concern’ to Pete Hegseth over supply chain risk label
Pete Hegseth, US secretary of defense, arrives for a medal of honor ceremony in the East Room of the White House in Washington, DC, US, on Monday, March 2, 2026. Jim Lo Scalzo | EPA | Bloomberg | Getty Images A tech industry group, whose members include Nvidia, Google and Anthropic, sent a letter to […]
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As bond investors fret over an AI bubble, what to know — and how to find an opportunity
There is no reason to be rattled by the surge in bond issuance from hyperscalers, according to Bob Michele, chief investment officer and head of global fixed income at JPMorgan Asset Management. While the market’s focus this week has largely been on the U.S.-Iran conflict , artificial intelligence’s power to disrupt certain businesses has remained […]
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Nvidia CEO Huang says $30 billion OpenAI investment ‘might be the last’
Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform at the annual Consumer Electronics Show in Las Vegas, Jan. 6, 2026. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said the company’s recent $30 billion investment in OpenAI “might be the last time” it invests in the […]
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Target is making big changes to win back customers. Here’s what shoppers can expect to see
A sign hangs outside of a Target store on Feb. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images MINNEAPOLIS — Target customers will soon see changes on the retailer’s shelves, as the company tries to woo back shoppers during a turnaround effort that has started to catch Wall Street’s eye. Among those shifts, […]
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Defense tech companies are dropping Claude after Pentagon’s Anthropic blacklist
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Following the Trump administration’s decision on Friday to blacklist Anthropic and designate its technology a supply chain risk, defense tech companies are telling employees to […]
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Gulf oil trade, Pentagon’s AI usage, Gen Z’s analog obsession and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Treasury Secretary Scott Bessent told CNBC this morning that President Donald Trump’s 15% global tariff would be implemented this week. He also said the U.S. would make “a series of announcements” to support oil trade in the Gulf. Stock futures […]
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UAE stocks sell off as markets reopen from two-day closure after Iranian strikes
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images Stocks listed in Dubai and Abu Dhabi slid on Wednesday, as UAE indexes reopened from a two-day closure that followed Iranian drone and missile strikes on the nation. […]
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Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026. Fadel Senna | Afp | Getty Images Nvidia, Amazon and Alphabet are among the big tech firms scrambling to ensure the safety of their employees who are traveling through or based in the […]
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Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Apps and digital services in the United Arab Emirates are reporting outages following drone strikes on Amazon Web Services’ data centers in the country. AWS […]
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Google employees call for military limits on AI amid Iran strikes, Anthropic fallout
U.S. Department of War and Anthropic logos are seen in this illustration taken March 1, 2026. Dado Ruvic | Reuters Tech workers at Google, OpenAI, and some of their peers are circulating an array of letters calling for clearer limits on how their employers work with the military after the U.S. carried out strikes on […]
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