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CNBC Daily Open: China sets lowest growth target in decades
World

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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Amazon’s Bahrain data center targeted by Iran for support of U.S. military, state media says
World

Amazon’s Bahrain data center targeted by Iran for support of U.S. military, state media says

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‘s data center in Bahrain was targeted by Iran’s Islamic Revolutionary Guard Corps for the company’s support […]

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Okta beats fourth-quarter estimates, but issues weak guidance
Technology

Okta beats fourth-quarter estimates, but issues weak guidance

Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta topped Wall Street’s fourth-quarter estimates after the bell on Wednesday as the identity management provider capitalizes on demand to secure artificial intelligence agents. Shares rose […]

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Nvidia CEO Huang says  billion OpenAI investment ‘might be the last’
Technology

Nvidia CEO Huang says $30 billion OpenAI investment ‘might be the last’

Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform at the annual Consumer Electronics Show in Las Vegas, Jan. 6, 2026. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said the company’s recent $30 billion investment in OpenAI “might be the last time” it invests in the […]

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CNBC’s China Connection newsletter: New AI players think global from day one
World

CNBC’s China Connection newsletter: New AI players think global from day one

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Nvidia’s latest warning is that Chinese rivals are going to disrupt the world. It’s not just in chips. More often than not, the chatter among […]

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Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more
Finance

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is […]

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Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes
Technology

Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes

Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Apps and digital services in the United Arab Emirates are reporting outages following drone strikes on Amazon Web Services’ data centers in the country. AWS […]

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Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more
Finance

Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more

Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best […]

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3 themes that drove Wall Street’s wild week and the new U.S.-Iran conflict wildcard
Technology

3 themes that drove Wall Street’s wild week and the new U.S.-Iran conflict wildcard

Stocks swung wildly last week as investors wrestled with the impact of artificial intelligence on various sectors and the overall economy. This coming week is a wildcard after the U.S. and Israel attacked Iran. President Donald Trump said Saturday that “major combat operations” in Iran started overnight, with American and Israeli strikes on military and […]

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How Amazon’s massive stake in OpenAI could boost its AI and cloud businesses
Technology

How Amazon’s massive stake in OpenAI could boost its AI and cloud businesses

Amazon on Friday unveiled a strategic partnership with OpenAI that includes an investment of up to $50 billion, the latest sign of deepening ties between the tech giant and the maker of ChatGPT. As part of the deal, OpenAI will use more Amazon Web Services infrastructure, including a commitment to deploy 2 gigawatts of the […]

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