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Oracle stock rises in premarket on plans to cut thousands of jobs
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data […]
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The stock market rebound, Nike’s recovery questions, ‘Project Hail Mary’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s also April Fools’ Day, so be wary of those too-good-to-be-true company announcements today. Stock futures are rising this morning. The three major indexes staged a big rally yesterday, ending their tough month and quarter on a high note. Here […]
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Five key questions Apple faces entering its second half-century
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images As Apple celebrates its 50th anniversary, the company that’s defined consumer electronics since introducing the iPod, and that forever changed user behavior in creating the iPhone, […]
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Iran threatens Nvidia, Apple and other tech giants with attack
Iran’s Islamic Revolutionary Guard Corps (IRGC) has threatened attacks on a swath of U.S. tech companies with operations in the Middle East, including Nvidia, Apple, Microsoft and Google. The IRGC warned on Tuesday that 18 tech companies would be considered as “legitimate targets” in retaliation for U.S. and Israeli strikes on Iran. Attacks on those […]
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Anthropic leaks part of Claude Code’s internal source code
The Anthropic logo appears on a smartphone screen with multiple Claude AI logos in the background. Following the release of Claude Opus 4.6 on February 5, Anthropic continues to challenge its main competitors in the generative AI market in Creteil, France, on February 6, 2026. Samuel Boivin | Nurphoto | Getty Images Anthropic leaked part […]
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Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The stock plunged […]
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OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed […]
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Amazon settles Teamsters case alleging it retaliated against striking workers
Amazon delivery drivers walk the picket line outside Amazon delivery station as they went on strike in Skokie, Illinois on December 19 2024. Kamil Krzaczynski | Afp | Getty Images Amazon has vowed not to retaliate against workers who go on strike as part of a settlement with federal labor officials. The company will restore […]
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‘Project Hail Mary’ is the box office proof point Amazon MGM has been waiting for
“Project Hail Mary” is setting records for Amazon MGM and lighting the path for a box-office revitalization. The science fiction flick, starring Ryan Gosling, has tallied more than $300 million globally since its theatrical opening two weeks ago. That marks the best performance for an Amazon MGM film ever. “The runaway success of ‘Project Hail […]
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Microsoft hit with UK competition regulator probe over software business
Microsoft has been hit with a fresh probe into its business software ecosystem by the British competition regulator. The U.K.’s Competition and Markets Authority announced on Tuesday it is launching a “strategic market status (SMS) investigation” into the tech giant’s suite of enterprise software, starting in May. Hundreds of thousands of U.K. businesses and public […]
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