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Microsoft plans to ship prototype of next Xbox console to developers in 2027
Technology

Microsoft plans to ship prototype of next Xbox console to developers in 2027

Fairgoers play at the Xbox booth at the Cologne Trade Fair Center during the opening day of Gamescom 2025 in Cologne, Germany, on August 20, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Wednesday that it will send video game developers prototypes of its next-generation Xbox console in 2027, as the company tries […]

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Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more
Finance

Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more

Check out some of the companies making the biggest moves midday: Oracle — Oracle jumped 10% after the cloud infrastructure company gave strong fiscal third-quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook by $1 billion to $90 billion. Analysts polled by LSEG had estimated $86.6 billion. […]

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Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns
Technology

Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns

A trader on the floor of the New York Stock Exchange on April 10, 2025. NYSE Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced. “Investing in AI infrastructure is capital-intensive, […]

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Oil’s wild ride, Oracle earnings, Kevin Warsh’s ‘perfect storm’ and more in Morning Squawk
Technology

Oil’s wild ride, Oracle earnings, Kevin Warsh’s ‘perfect storm’ and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. If you’re a fan of commercial real estate, or Netflix’s “Owning Manhattan” (or both), check out Ryan Serhant’s sitdown with CNBC’s Diana Olick. Stock futures are around flat this morning. The three major indexes finished yesterday’s session little changed. Here […]

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Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA
Travel

Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA

A Zoox robotaxi is seen driving on Nov. 19, 2025 in San Francisco, California. Justin Sullivan | Getty Images Amazon‘s Zoox is making its toaster-shaped self-driving vehicles available through the Uber app in Las Vegas starting this summer, the latest sign of momentum in the nascent but fast-growing robotaxi market. As part of a multiyear […]

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Stocks making the biggest moves premarket: Oracle, AeroVironment, Nike and more
Finance

Stocks making the biggest moves premarket: Oracle, AeroVironment, Nike and more

Check out the companies making headlines before the bell. Oracle — Oracle shares jumped more than 9% after the cloud infrastructure company gave strong fiscal third quarter results and lifted its revenue guidance for fiscal 2027. Management lifted its fiscal 2027 revenue outlook up $1 billion to $90 billion. Analysts polled by LSEG sought $86.6 […]

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Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order
Technology

Microsoft backs Anthropic in Pentagon blacklist battle, urges temporary restraining order

Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Microsoft threw its support behind Anthropic on Tuesday, saying a judge should issue a restraining order that would block the Pentagon’s designation of the artificial intelligence giant as a supply chain risk […]

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Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%
Technology

Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

Oracle shares rose 8% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections and boosted its revenue guidance for fiscal 2027. Management said is now forecasting $90 billion in fiscal 2027 revenue. Analysts polled by LSEG had anticipated $86.60 billion. Oracle sees $1.92 and $1.96 in adjusted […]

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Amazon plans ‘deep dive’ internal meeting to address AI-related outages
Technology

Amazon plans ‘deep dive’ internal meeting to address AI-related outages

The logos of World Economic Forum (WEF) and Amazon are displayed during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, Jan. 20, 2026. Romina Amato | Reuters Amazon plans to address a string of recent outages, including some that were tied to AI-assisted coding errors, at a retail technology meeting on Tuesday, […]

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Bill Ackman’s Pershing Square files for IPO on the NYSE
World

Bill Ackman’s Pershing Square files for IPO on the NYSE

Bill Ackman, CEO of Pershing Square Capital Management, speaking on CNBC’s Squawk Box on Oct. 21st, 2025. CNBC Outspoken investor Bill Ackman is taking a step toward his long-held ambition of building a publicly traded investment vehicle modeled on Warren Buffett’s approach, filing to list his hedge fund firm Pershing Square Capital Management on the […]

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