Microsoft Corp
Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers
Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company’s rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud […]
Read More
Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett’s new tradition and more in Morning Squawk
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters 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. The reopening trade […]
Read More
AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo
Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates. But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance, […]
Read More
CNBC Daily Open: Days of declines won’t keep AI trade down
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive […]
Read More
CNBC Daily Open: AI is back — it never really went away
Jakub Porzycki | Nurphoto | Getty Images Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011. Market watchers are hoping that another historically long streak — the U.S. government shutdown […]
Read More
Stock futures are little changed after AI trade roars back: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Stock futures are near the flatline on Monday night after a strong start to the trading week. Futures tied to the Dow Jones Industrial Average rose 23 points, or 0.03%. […]
Read More
Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade
A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained […]
Read More
CoreWeave’s revenue more than doubles as AI buildout expansion accelerates
Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images […]
Read More
New U.S. nuclear power boom begins with old, still-unsolved problem: What to do with radioactive waste
Castor containers for high-level radioactive waste. Ina Fassbender | Afp | Getty Images Nuclear power is back, largely due to the skyrocketing demand for electricity, including big tech’s hundreds of artificial intelligence data centers across the country and the reshoring of manufacturing. But it returns with an old and still-unsolved problem: storing all of the […]
Read More
Underwater cables are a vital piece of the AI buildout and internet — investment is booming
Over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables. These cables carry government communications, financial transactions, email, video calls and streaming around the world. The first commercial telecommunication subsea cable was used for telegraphs and was laid across the English Channel between Dover, England and […]
Read More