Business
Alibaba just revealed it’s behind a viral AI video model dominating leaderboards
The Alibaba logo is pictured during a tour at the Alibaba office in Beijing on April 1, 2026. Wang Zhao | Afp | Getty Images A mysterious AI video model that has ascended global leaderboards has been confirmed as a project from Chinese tech giant Alibaba, in a development that could boost the company’s artificial […]
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Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — Alibaba Cloud is investing in a new type of artificial intelligence designed to better replicate the real world using a different […]
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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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Kia plans to launch U.S. pickup truck by 2030
Kia plans to release a pickup truck for American consumers in the coming years, as the South Korean automaker plots continued growth domestically and globally. The company said Thursday it will add a pickup truck that includes hybrid variants by 2030 as a major expansion of its brand into the highly lucrative U.S. market. At […]
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Disney plans layoffs of as many as 1,000 employees
People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | Reuters Disney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the […]
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American Airlines makes bag fees even more expensive for basic economy tickets
An American Airlines plane is parked at a gate at the LaGuardia Airport in New York City, U.S., Nov. 18, 2025. Kylie Cooper | Reuters American Airlines joined other airlines in raising its bag fees Thursday, but the luggage will be even more expensive for customers who buy basic economy tickets. United Airlines, JetBlue Airways, […]
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As millions lose weight on GLP-1s, they’re starting to turn to retailers to refresh their wardrobes
Michelle Suter has worn mostly big and baggy clothing for years. The 63-year-old retiree who lives in a suburb of St. Louis, Missouri gave away her favorite sundresses and other form-fitting outfits, thinking she’d never be those smaller sizes again. Now, after losing about 28 pounds while taking GLP-1 drug Wegovy, she said she has […]
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Iran says U.S. breached ceasefire, Anthropic’s court loss, rate cut odds and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re minutes away from the release of February’s personal consumption expenditures price index. Watch CNBC live for the numbers and analysis. Stock futures are lower this morning. All three major averages posted major gains yesterday. Here are five key things […]
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Stocks making the biggest moves premarket: Constellation Brands, Datadog, Occidental Petroleum, CoreWeave and more
Check out the companies making the biggest moves in premarket trading: Datadog — The software company rose 2.3% following an upgrade to buy from neutral at Guggenheim. The firm said it believes Datadog is the primarily beneficiary of artificial intelligence-driven growth in data volumes and information technology complexity. CoreWeave — The AI cloud computing stock […]
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Family offices piled into oil after capital dried up. The recent rally has made for big gains
Dwayne Schnell | 500px Plus | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The Iran war has propelled oil prices to above $94 a barrel, up about 30% […]
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