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Stocks making the biggest moves premarket: United Parcel Service, Microsoft, Caterpillar and more
Finance

Stocks making the biggest moves premarket: United Parcel Service, Microsoft, Caterpillar and more

Check out the companies making headlines before the bell. United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume by more than 50% by the second half of 2026.” UPS also said it’s launching […]

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SoftBank in talks to invest up to  billion in OpenAI
World

SoftBank in talks to invest up to $25 billion in OpenAI

OpenAI CEO Sam Altman, accompanied by U.S. President Donald Trump, Oracle CTO Larry Ellison (R), and SoftBank CEO Masayoshi Son (2nd-R), speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC.  Andrew Harnik | Getty Images SoftBank is in talks to invest up to $25 […]

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Stock futures are little changed after Meta Platforms, Tesla report earnings: Live updates
World

Stock futures are little changed after Meta Platforms, Tesla report earnings: Live updates

Traders work at the New York Stock Exchange on Jan. 29, 2025.  NYSE U.S. stock futures hovered the flatline Wednesday night as Wall Street digested recent quarterly results from a slew of megacap tech companies. Investors are also coming off a losing session after the Federal Reserve held steady on rates. S&P 500 futures and […]

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Stocks making the biggest moves after hours: Meta Platforms, Microsoft, Tesla and more
Finance

Stocks making the biggest moves after hours: Meta Platforms, Microsoft, Tesla and more

Check out the companies making headlines in after-hours trading: International Business Machines — The tech company’s shares surged 9%, driven by strong fourth-quarter results. IBM reported adjusted earnings of $3.92 per share on revenue of $17.55 billion. Analysts polled by LSEG sought earnings of $3.75 per share and $17.54 billion in revenue. CEO Arvind Krishna […]

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Microsoft set to report earnings after the bell
World

Microsoft set to report earnings after the bell

Satya Nadella, CEO of Microsoft, arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2024. Brendan McDermid | Reuters Microsoft will report fiscal second-quarter results after the U.S. market close Wednesday. Here’s what analysts are looking for, according to LSEG: […]

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Portfolio manager pours cold water on Nvidia’s stock bounce back
World

Portfolio manager pours cold water on Nvidia’s stock bounce back

Fund manager Dan Niles has thrown cold water over Nvidia‘s tentative recovery from Monday’s share price fall, warning that the chipmaker’s stock might not have hit the bottom. Shares in Nvidia slid 16.9% on Monday after Chinese startup DeepSeek claimed its free, open-source large language model was built in just two months costing $6 million, a fraction […]

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Sam Altman touts OpenAI-Microsoft alliance, says next phase will be ‘better than anyone is ready for’
World

Sam Altman touts OpenAI-Microsoft alliance, says next phase will be ‘better than anyone is ready for’

Former OpenAI CEO Sam Altman and and Microsoft CEO Satya Nadella at OpenAI’s DevDay in San Francisco on Nov. 6, 2023. Hayden Field | CNBC OpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong. Altman posted a picture with Microsoft CEO Satya Nadella on X, and […]

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OpenAI launches ChatGPT Gov for U.S. government agencies
World

OpenAI launches ChatGPT Gov for U.S. government agencies

OpenAI on Tuesday announced its biggest product launch since its enterprise rollout. It’s called ChatGPT Gov and was built specifically for U.S. government use. The Microsoft-backed company bills the new platform as a step beyond ChatGPT Enterprise as far as security. It allows government agencies, as customers, to feed “non-public, sensitive information” into OpenAI’s models […]

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Microsoft’s underperformance has investors looking to cloud for growth
Technology

Microsoft’s underperformance has investors looking to cloud for growth

Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft is in the middle of the artificial intelligence boom, but it’s been a while since investors have seen the rewards. The software giant’s stock price is up less […]

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CNBC Daily Open: DeepSeek batters Nvidia but reinforces AI trend
World

CNBC Daily Open: DeepSeek batters Nvidia but reinforces AI trend

Justin Sullivan | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today DeepSeek raises questions on AI investmentsChinese […]

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