Amazon.com Inc
Amazon CEO Jassy defends $200 billion AI spend: “We’re not going to be conservative”
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy on Thursday released his annual shareholder letter and once again made the case […]
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Amazon debuts Masters coverage, becoming the tournament’s fourth-ever media partner
Key Points Amazon Prime Video will have two hours of exclusive Masters coverage, from 1 p.m. ET to 3 p.m. ET, on Thursday and Friday. Amazon will not have any tie-ins with its ecommerce business during the broadcast. Rather, it will adhere by the Masters’ strict broadcasting rules. Amazon is only the fourth media partner […]
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Google expands partnership with Intel for AI chips
Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chanfler, Ariona, on November 17, 2025. Tony Puyol Google has committed to using multiple generations of Intel central processing units in its artificial intelligence data centers, an expansion of an existing partnership. Intel shares gained 2% on Thursday while Alphabet shares […]
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As millions lose weight on GLP-1s, they’re starting to turn to retailers to refresh their wardrobes
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis, Missouri gave away her favorite sundresses and other form-fitting outfits, thinking she’d never be those smaller sizes again. Now, after losing about 28 pounds while taking GLP-1 drug Wegovy, she said she has […]
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Anthropic gives our cyber stocks and other big tech names an AI stamp of approval
Project Glasswing. Sounds like something out of a spy movie. But those two words from AI poster-child Anthropic, and the efforts behind it, have sent beaten-down cybersecurity stocks soaring, along with a host of other megacap names. Glasswing — named after a butterfly with see-through wings as a metaphor for finding bugs in plain sight […]
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Alphabet, Meta, Amazon, Nvidia lead tech rally after Trump announces ceasefire with Iran
U.S. stocks soared on Wednesday after President Donald Trump announced a two-week ceasefire with Iran, and beaten-down tech names shared in the rally. Meta, Amazon, Alphabet and Nvidia led the way among the Magnificent 7 names. Chipmakers also soared, with Taiwan Semiconductor Manufacturing Co. gaining 7% and ASML, Applied Materials and Micron popping 9%. Lam […]
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Iran ceasefire, Delta earnings, the Navy’s retail woes and more in Morning Squawk
1. ‘Fragile truce’ A television station broadcasts a news conference with US President Donald Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures rocketed higher overnight after President Donald Trump announced a two-week ceasefire with […]
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AI’s next bottleneck: Why even the best chips made in the U.S. take a round trip to Taiwan
An underappreciated step in the chipmaking process is poised to become the next bottleneck for artificial intelligence. Every microchip used to power artificial intelligence must be put into hardware that can interact with the outside world. But right now, almost all of this chipmaking step, known as advanced packaging, happens in Asia, and capacity is […]
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Why the U.S. Navy’s retail business is fighting Walmart and Amazon to fund its own future
In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S. Navy sailors have a small slice of comfort through the Navy Exchange Mini Mart, a place for familiar snacks, hygiene products and the household brands many of them knew growing up. One of hundreds of […]
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Google CEO Sundar Pichai says ‘AI shift’ opens opportunities to invest in startups
With Alphabet poised to earn potentially $100 billion or more from its 2015 bet on Elon Musk’s SpaceX, Google CEO Sundar Pichai said the explosion of artificial intelligence has opened the door to more startup investments. “You know SpaceX, Anthropic and so on so, I think now with the AI shift, there are more opportunities […]
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