Microsoft Corp
CNBC Daily Open: Outside AI, the market isn’t looking that hot
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree […]
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Nvidia adds nearly $100B in market cap in a matter of days. Here is what’s going right
Nvidia was once again on the move after the world’s three biggest cloud companies, along with Meta Platforms , guided spending higher last week to keep pace in the artificial intelligence arms race. Some, if not much, of that spend should continue to fill the coffers of the Jensen Huang-run AI chip king. Club stock […]
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Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
In this photo illustration, a person is holding a smartphone with the logo of US GPU hardware company Lambda Inc. (Lambda Labs) on screen in front of website. Timon Schneider | SOPA Images | AP Cloud computing startup Lambda announced on Monday a multibillion-dollar deal with Microsoft for artificial intelligence infrastructure powered by tens of […]
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Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days
Amazon went from “Magnificent Seven” zero to hero in a matter of days. First, it was blowout earnings on Thursday night, followed by a 9.6% stock surge the next day. Then, on Monday, it was a big cloud deal with OpenAI, and the stock soared another 4.5%. Amazon came into last week’s earnings print as […]
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OpenAI signs $38 billion compute deal with Amazon, partnering with cloud leader for first time
OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and the latest sign that the $500 billion artificial intelligence startup is no longer reliant on Microsoft. Under the agreement announced on Monday, OpenAI will immediately begin running workloads on […]
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Stocks making the biggest moves premarket: Iren, Kenvue, Cipher Mining, New Gold and more
Check out the companies making headlines before the bell. Iren — The data center company jumped 22% after reaching a deal with Microsoft to provide the software and cloud computing provider with access to Nvidia GB300 GPUs over five years for $9.7 billion. Semiconductor manufacturers — The group advanced after Iren’s nearly $10 billion deal […]
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MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
MongoDB CEO Dev Ittycheria arrives at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025. David Paul Morris | Bloomberg | Getty Images Database software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run. Chirantan “CJ” Desai, […]
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November trading, Berkshire’s cash hoard, Big Tech’s ad revenue and more in Morning Squawk
A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. November […]
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Nvidia shares up 2% in premarket as U.S. approves sales of its chips to the UAE
Microsoft said Monday it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions. The tech giant said it is the first company under U.S. President Donald Trump’s administration to secure such licenses from the Commerce Department and that the approval, […]
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Stocks are defying gravity — but investors say these triggers could spark a ‘sizeable’ correction
Global stock markets are soaring, with U.S. indexes continuing to rally and the Stoxx Europe 600 , FTSE 100 and Spain’s IBEX all hitting record highs last week. But some investors are now warning that a wave of rising risks — from weaker consumer spending to faltering earnings growth and a potential bond market revolt […]
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