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Cybersecurity stocks drop for a second day as new Anthropic tool fuels AI disruption fears
CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images Cybersecurity stocks dropped for a second day on Monday as investors fretted over new artificial intelligence security tools that threaten to displace the sector’s longstanding business models. […]
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AI robots may outnumber workers in a few decades, ex-Citi executive says
AI robots will exceed the working population within a few decades as more firms adopt AI agents and continue to squeeze costs, a former Citi executive warned on Monday. Rob Garlick, Citi Global Insights’ former head of innovation, technology, and future of work, told CNBC’s “Squawk Box Europe” that as leaders continue to prioritize profitability, […]
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OpenAI lands multiyear deals with consulting giants in enterprise push
OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI on Monday announced it is entering into multiyear partnerships with four consulting firms that will help the company deploy its enterprise platform called Frontier. The artificial intelligence startup said it has […]
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Tariffs, flight cancellations, OpenAI’s spending reset and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. With the Winter Olympics officially wrapped up, many athletes are leaving Italy with more than just a medal. Stock futures are lower this morning following a winning week for all three major indexes. Here are five key things investors need […]
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Dow futures drop 250 points as Trump raises tariffs again, sowing confusion: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images U.S. stock futures fell on Monday after President Donald Trump said he’s raising his global tariffs to 15% following the Supreme Court’s decision to strike down the president’s “reciprocal” tariffs. […]
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The Peace Corps gets AI-revamp: Trump launches ‘Tech Corps’ to boost U.S. influence
Global betwork concept using maps from NASA. Fotograzia | Moment | Getty Images As competition with China intensifies, Washington is turning to a cornerstone of American soft power and diplomacy to expand its global influence in artificial intelligence: the Peace Corps. The White House on Friday announced the “Tech Corps” initiative within the Peace Corps aimed […]
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The ‘Magnificent Seven’ drove the stock market to record highs in recent years. Is the trade over?
The “Magnificent Seven” that propelled the broader market to record heights in recent years has been flipped on its head this year. All but two stocks in the group are in the red to start 2026, with Microsoft down nearly 18% and Tesla and Amazon each shedding more than 8%. Google-parent Alphabet , crowned one […]
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Tech giants commit billions to Indian AI as New Delhi pushes for superpower status
Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — […]
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OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI is telling investors that it’s now targeting roughly $600 billion in total compute spend by 2030, months after CEO Sam Altman touted $1.4 trillion in infrastructure commitments. The artificial intelligence company is providing a […]
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Microsoft gaming chief Phil Spencer retires, replaced by ex-Instacart exec Asha Sharma
Phil Spencer, CEO of Microsoft Gaming, appears at the Political Opening of the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company faces increased challenges in its Xbox business. […]
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