Apple Inc
Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys $15 million in stock
Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel purchased $15 million worth of stock himself, an amount equal to his after-tax annual salary. Abel told CNBC he will continue using his full salary amount to purchase Berkshire shares every year. […]
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CNBC Daily Open: Tremors spread globally as Middle East conflict rages on
In this handout released by the U.S. Navy, aircraft are staged for flight operations on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 2, 2026 at sea. U.S. Navy | Getty Images What you need to know today A vote to force […]
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CNBC Daily Open: China sets lowest growth target in decades
A plume of smoke rises after a strike on Tehran on March 4, 2026. Atta Kenare | AFP | Getty Images What you need to know today China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest target on record going back to the early 1990s — according […]
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Broadcom’s custom AI chip business stays hot and gives the bulls a much-needed win
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb. […]
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Broadcom CEO Hock Tan sees AI chip revenue ‘significantly’ above $100 billion next year
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom CEO Hock Tan sees the artificial intelligence boom gaining so much steam that he’s projecting AI chip revenue next year “significantly in excess of $100 billion.” After the chipmaker reported better-than-expected results for the fiscal first quarter and issued a strong forecast for the current period, […]
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South Korea stocks crashed 18% in two days. Could it happen here?
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at the Korea Exchange in Seoul on March 3, 2026. Jung Yeon-je | Afp | Getty Images South Korean stocks quickly fell from grace following the U.S. and Israeli strikes on Iran. But Wall Street doesn’t see that […]
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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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Apple announces MacBook Neo, its first budget laptop in over a decade
Apple MacBook Neo Source: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half. The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip. The launch caps a three-day hardware blitz that has already seen refreshes […]
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China’s Xiaomi tells CNBC it’s planning a yearly smartphone chip release and its own AI assistant for overseas
The Xiaomi 17 Pro Max rear display flagship smartphone by Xiaomi displayed at Mobile World Congress in Barcelona, Spain, on March 3, 2026. Joan Cros | Nurphoto | Getty Images BARCELONA — Xiaomi plans to launch a new smartphone processor chip every year, the company’s President Lu Weibing told CNBC, underscoring the company’s ambition to […]
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Apple raises MacBook prices across the board as M5 chips, new displays signal AI-first strategy
Apple Macbook Pro Source: Apple Inc. Apple on Tuesday rolled out new MacBook Pro and MacBook Air models with its latest M5 chips, along with an updated Studio Display lineup, in its biggest Mac refresh in more than a year. The push gives Apple a fresh shot at reviving Mac demand while making a broader […]
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