Meta Platforms Inc
Chinese tech companies progress ‘remarkable,’ OpenAI’s Altman tells CNBC
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images The progress of Chinese tech companies across the entire stack […]
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CNBC Daily Open: Traders are betting for a rate cut — but a hike could be on the table
A worker steps down from a truck at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters Most U.S. Federal […]
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Meta deal for millions of Nvidia chips is big — these 2 charts illustrate why
Meta Platforms ‘ pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia’s scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage, […]
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Stocks making the biggest moves midday: Wingstop, Moody’s, Madison Square Garden Sports & more
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming […]
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Cramer is looking to nibble on a software stock and bail on a health-care name
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks moved higher on Wednesday, driven by Big Tech. Shares of Nvidia climbed 2% after the company announced a multiyear partnership with Meta under which the Facebook parent will […]
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Meta CEO Mark Zuckerberg set to testify in LA social media safety trial
Arda Kucukkaya | Anadolu | Getty Images Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that’s being likened to the industry’s “Big Tobacco” moment. The trial, which began in late January, centers on a young woman who […]
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Amazon’s losing streak, Berkshire’s new position, the ‘boomcession’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I’ve been craving birria since reading about the Mike’s Red Tacos new franchising plan. Stock futures are higher this morning. The three major indexes all ended yesterday’s session little changed. Here are five key things investors need to know to […]
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Stocks making the biggest moves premarket: Nvidia, New York Times, Palantir & more
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company’s AI chips, including standalone central processing units, for its data center build-out. The New York Times Company — The stock rose 3% after Warren Buffett’s Berkshire […]
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Arm shares edge higher in premarket as Nvidia shakes up its AI bets
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images New York-listed shares of British semiconductor firm Arm ticked 1.4% higher in premarket trading on Wednesday, after documents […]
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Meta expands Nvidia deal to use millions of AI chips in data center build-out, including standalone CPUs
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta will use millions of Nvidia chips in its artificial intelligence data centers, including Nvidia’s new standalone CPUs and next-generation Vera Rubin systems, in a sweeping new deal announced Tuesday. Meta CEO Mark Zuckerberg said in a statement […]
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