Amazon.com Inc
Davos, Trump’s Greenland tariffs, Stellantis’ tough run and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Breaking news this morning: Netflix submitted an all-cash offer for Warner Bros. Discovery‘s assets, the latest twist in the fight for the media giant’s studio and streaming businesses. CNBC reported last week that Netflix was likely to adjust its bid. […]
Read More
AI impacting labor market ‘like a tsunami’ as layoff fears mount
Thana Prasongsin | Moment | Getty Images After a year marked by AI-driven layoffs, influential leaders and top executives are now warning that we can expect to see a huge ramp up in anxiety around the technology in 2026. Kristalina Georgieva, managing director at the International Monetary Fund, said Tuesday that AI is “a major […]
Read More
These stocks are leading ‘meaningful breakthroughs’ in quantum computing, UBS says
With tech stocks benefiting from sky-high valuations, one quickly-growing corner could define the sector’s next chapter. That’s because quantum computing offers “extraordinary potential,” according to UBS, which highlighted several key stocks leading the industry. Quantum computing companies have gained the attention of Wall Street over the past year, particularly as Alphabet, IBM and Microsoft launched […]
Read More
Bank of America says buy these five stocks ahead of earnings including Amazon
Bank of America named a slew of stocks that are best positioned heading into earnings. The Wall Street investment bank says companies like Amazon are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Brookdale, Corning, Vertiv and Carvana. Amazon Analyst Justin Post says Amazon Web Services growth will be […]
Read More
OpenAI has committed billions to recent chip deals. Some big names have been left out
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence […]
Read More
AI chip trade, Saks’ bankruptcy woes, Trump’s health-care plan and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. This week isn’t even over yet, but I’m already gearing up for next week’s big events: the World Economic Forum in Davos, a major Supreme Court case and Netflix earnings. S&P 500 futures are higher this morning after yesterday’s winning […]
Read More
Wikipedia parent partners with Amazon, Meta, Perplexity on AI access
Riccardo Milani | Afp | Getty Images Wikimedia announced new deals with several artificial intelligence companies in a blog post on Thursday, including Amazon, Meta and Perplexity, as part of the company’s 25th anniversary. Through the new partnerships under Wikimedia Enterprise, companies will pay Wikipedia to use its data to help develop and train AI […]
Read More
Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7 […]
Read More
NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBC is about to have itself a “legendary” month. “Legendary February,” a marketing tagline invented […]
Read More
Amazon launches its ‘sovereign’ cloud in Europe and plots expansion
People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon launched its “sovereign cloud” offering in Europe on Thursday in a move designed to keep it […]
Read More