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Inside India newsletter: Social media is reshaping the world’s fastest-growing market for global brands
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused companies. But now, celebrity endorsements and wide distribution are not […]
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Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC’s Jim Cramer argued Wednesday. Cramer’s comments came after he heard someone describe the rally in data center and AI-related stocks as an “if you build it, they will come” dynamic — the idea that companies are spending aggressively on infrastructure in […]
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Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty
Evan Spiegel, co-founder and chief executive officer of Snap Inc., during the Axios Media Trends Live event in New York, US, on Thursday, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday and provided cautious sales guidance while […]
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Cramer: Investors’ selling Microsoft stock to fund flashier AI picks won’t last forever
Microsoft is getting left behind as investors rotate into hotter artificial intelligence stocks. Jim Cramer says this dynamic won’t last forever. “I still own it for the Trust,” Jim said on CNBC on Wednesday, referring to his Charitable Trust , which is the portfolio used by the Investing Club. Jim’s reason to keep the Microsoft […]
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Nvidia, Corning partner on massive optical fiber deal that may be a game changer for AI
Nvidia, the chipmaker at the center of the artificial intelligence boom, is partnering with glassmaker Corning for three new advanced manufacturing facilities in North Carolina and Texas dedicated entirely to optical technologies for the world’s most valuable semiconductor company. The factories will lead to the creation of at least 3,000 jobs and increase Corning’s U.S. […]
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Apple’s R&D investments top 10% of sales as AI race creates ‘sense of urgency’
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on the sidelines of the World Economic Forum annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | Afp | Getty Images For the first time in at least 30 years, Apple is spending more than 10 […]
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AMD tops estimates for first quarter as data center revenue jumps 57%
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand […]
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After Coinbase, prediction market traders forecast more tech layoffs ahead
Key Points Traders on Kalshi give nearly 92% odds to tech layoffs in 2026 totaling more than they did in 2025. Polymarket traders give that a 87% chance of happening. In 2025, layoffs in the information sector totaled 447,000. In the first three months of 2026, there have already been 178,000. Source
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Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’
Asha Sharma, CEO of Xbox at Microsoft, speaks to employees at an Xbox town hall in Redmond, Washington, on Feb. 24, 2026. Courtesy: Microsoft Microsoft Xbox CEO Asha Sharma told employees in a Tuesday memo that she’s appointing new leaders, as the software company looks to return its video game unit to growth. Sharma moved […]
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CNBC Daily Open: Ceasefire at risk of collapse
U.S. forces patrol the Arabian Sea near the M/V Touska ship on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images Hello, this is Leonie Kidd writing to you from […]
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