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Ex-Palantir engineer raises $40 million for cyber startup Outtake, with backing from Microsoft CEO Nadella
Alex Dhillon, CEO and founder of Outtake Courtesy: Abiola Familusi Alex Dhillon spent almost five years at Palantir before leaving to build cybersecurity startup Outtake. Now his former boss is helping fuel his new company’s growth, alongside a roster of investors that includes Microsoft CEO Satya Nadella. Outtake, which counts OpenAI and Bill Ackman’s Pershing […]
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The Fed meeting, Starbucks earnings, Amazon layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. When you work in journalism, there’s a new surprising story each day. Yesterday, it was about what gold investors can learn from King Henry VIII’s reign. S&P 500 futures are rising this morning after a winning day. Here are five key […]
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China’s next DeepSeek moment could come from a group of AI chipmaking ‘dragons’
One year after DeepSeek upended the U.S. markets, investors are bracing for what could be the next moment of reckoning out of China: A rapid and coordinated push to scale home-grown Nvidia rivals for artificial intelligence chips. In just the past two months, four startups, dubbed China’s “four dragons,” have already gone public or filed […]
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S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates
Traders work at the New York Stock Exchange on Jan. 27, 2026. NYSE S&P 500 futures rose Wednesday morning ahead of the Federal Reserve’s interest rate decision and earnings reports from major tech companies. Futures linked to the broad market index were up 0.25%, while Nasdaq 100 futures advanced about 0.77%. Dow Jones Industrial Average […]
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Asia markets open mostly higher after S&P 500 hits record, South Korea pushes fresh highs
Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets opened mostly higher on Wednesday, tracking gains on Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 climbing […]
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Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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Why investors shouldn’t cash out on Corning’s monster rally just yet
Corning stock may be skyrocketing on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: The rally isn’t over yet. Shares surged more than 16% after CNBC reported that Corning inked a new partnership with fellow Club holding Meta Platforms . The Facebook parent said it will pay Corning up […]
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Mozilla is building an AI ‘rebel alliance’ to take on industry heavweights OpenAI, Anthropic
Mark Surman, president of Mozilla Foundation, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters From his small, snow-covered farm outside Toronto, home to cats and a dog, and soon some donkeys, Mark Surman has been laying the groundwork for a fierce […]
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Cramer reveals plan for Starbucks stock if it dives after reporting earnings
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 Tuesday’s key moments. 1. Stocks are having a mixed session on Tuesday as investors await a slate of earnings this week, including Microsoft and Meta on Wednesday and Apple on Thursday. Meanwhile, the […]
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Meta inks deal to pay Corning up to $6 billion for fiber-optic cables in AI data centers
As Meta tries to rapidly construct massive data centers to keep pace with the artificial intelligence craze, it’s turning to a 175-year-old glass manufacturer for help. Meta has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable in its AI data centers, Corning CEO Wendell Weeks told CNBC in an exclusive […]
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