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CNBC Daily Open: Fed’s inflation worries didn’t bother markets
Jerome Powell, chairman of the U.S. Federal Reserve, at a news conference after a Federal Open Market Committee meeting in Washington, D.C., on Dec. 18, 2024. Al Drago | Bloomberg | 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 […]
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Microsoft confirms performance-based job cuts across departments
Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance […]
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OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006. The […]
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Anthropic in talks to raise funding at $60 billion valuation
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic, the artificial intelligence startup founded by former OpenAI research executives, is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, CNBC has confirmed. The funding round is being led by Lightspeed Venture Partners, according […]
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CNBC Daily Open: The AI sector still has legs to run
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | 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, […]
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CNBC Daily Open: The AI peak hasn’t crested yet
The Nvidia headquarters in Santa Clara, California, U.S., on Tuesday, Nov. 19, 2024. David Paul Morris | Bloomberg | 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 […]
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UFC’s Dana White joins Meta’s board weeks before Trump takes office
Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of Donald Trump, is joining the board of Facebook parent Meta two weeks before the new administration begins. Meta CEO Mark Zuckerberg, […]
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Stocks making the biggest moves premarket: FuboTV, American Airlines, Nvidia, Microsoft and more
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday’s close. FuboTV – The streaming provider […]
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CNBC Daily Open: A missing Santa Rally isn’t necessarily bad news
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | 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 […]
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Amazon licenses Melania Trump documentary, as Jeff Bezos cozies up to president-elect
Former U.S. President and Republican presidential candidate Donald Trump and former first lady Melania Trump smile after speaking during an election night event at the West Palm Beach Convention Center in West Palm Beach, Florida, early on Nov. 6, 2024. Jim Watson | AFP | Getty Images Amazon Prime Video announced Sunday that it is […]
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