Apple Inc
Microsoft’s underperformance has investors looking to cloud for growth
Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft is in the middle of the artificial intelligence boom, but it’s been a while since investors have seen the rewards. The software giant’s stock price is up less […]
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CNBC Daily Open: DeepSeek batters Nvidia but reinforces AI trend
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today DeepSeek raises questions on AI investmentsChinese […]
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CNBC Daily Open: Nvidia plunges as DeepSeek triggers questions on its value
Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today $600 billion plunge in Nvidia Nvidia […]
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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures were little changed on Monday night. The action followed a sell-off fueled by worries over the emergence of Chinese startup DeepSeek and […]
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap […]
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Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Nvidia is still working on the certification process for Samsung Electronics Co.’s high-bandwidth memory chips, a final required step before the Korean company can begin supplying a component essential to training AI platforms. Annabelle […]
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Apple turns its AI on by default in latest software update
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple on Monday released a software update for iPhones, iPads and Macs […]
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China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold-off and were on pace to wipe out billions in market cap. Tech leaders, analysts, investors and developers say that the […]
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Trump tariffs could raise prices on technology like laptops, smartphones and AI
Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024. Mauricio Palos | Bloomberg | Getty Images The world’s most valuable chipmaker and the world’s largest contract manufacturer for electronics announced in November that Foxconn was building a massive factory in Guadalajara, Mexico, to assemble […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Strong run threatened U.S. stocks were set to fall to start the week. Shares of AI companies – which have driven the market in recent months – tumbled amid concerns about a possible lower-cost AI competitor in China. The […]
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