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CNBC Daily Open: Trump goes from opening the Strait of Hormuz to blockading it
Iranian Parliament Speaker, Mohammad Bagher Ghalibaf, gestures while speaking with media in a media conference at a conference hall in the Iranian Parliament building in Tehran, Iran, on Dec. 2, 2025. Morteza Nikoubazl | Nurphoto | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]
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Vance, Bessent questioned tech giants on AI security before Anthropic’s Mythos release
U.S. Vice President JD Vance speaks next to U.S. Treasury Secretary Scott Bessent at the White House in Washington, D.C., U.S., Sept. 25, 2025. Kevin Lamarque | Reuters Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial intelligence models and how to respond to […]
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Apple unveils its most affordable laptop ever. What the MacBook Neo means for investors
Apple is casting a new line to reel more users into its prized ecosystem, a money-printing machine with fresh hardware as the lure and services as the hook. The tech giant announced its most affordable laptop in history last month with the rollout of the MacBook Neo. With a starting price of $599, the Neo […]
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Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks
Scott Bessent, Treasury Secretary (L), and Jerome Powell, chairman of the US Federal Reserve. Getty Images Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent met with major U.S. bank CEOs this week to discuss the possible cyber risks raised by Anthropic’s Mythos model, CNBC confirmed Friday. The bank heads were already in Washington, […]
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TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Co. on Friday posted another quarter of record revenue driven by demand for AI chips. For January to March, the world’s largest chipmaker reported revenue of 1.13 trillion new Taiwan […]
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The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone of […]
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AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent
Software’s artificial intelligence troubles don’t appear as though they will let up anytime soon, following the sector’s slide after Anthropic’s latest product and revenue updates. Software is down again this week, with the iShares Expanded Tech-Software Sector ETF (IGV) falling Wednesday — when most of the market participated in a sharp rally following President Donald […]
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OpenAI looks to take on Anthropic with $100 per month ChatGPT Pro subscriptions
Matthias Balk | Picture Alliance | Getty Images OpenAI announced a Pro ChatGPT tier on Wednesday that increases limits for Codex, OpenAI’s artificial intelligence-powered coding assistant, as the company looks to compete with Anthropic’s popular Claude Code. In an announcement posted to X, the company said the $100 per month Pro tier has five times […]
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CNBC Daily Open: Trump touts “next conquest”
President Donald Trump delivers a speech to U.S. Navy personnel on board the US Navy’s USS George Washington aircraft carrier at the US naval base in Yokosuka on October 28, 2025. Philip Fong | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily […]
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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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