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Apple closes at record after strong iPhone 17 sales report for U.S., China
A next generation iPhone 17 is held during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple shares rose nearly 4% on Monday to a record close of $262.24 as a new report showed iPhone 17 sales off to a strong start in the […]
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OpenAI investor Reid Hoffman spars with AI czar Sacks, calls Anthropic ‘one of the good guys’
Reid Hoffman, Partner at Greylock and co-founder LinkedIn, speaks during the WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty Images Two of the main members of the PayPal mafia are sparring again — […]
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Jim Cramer: If this happens, Amazon stock might be able to end its ‘horrible slide’
Amazon has been terrible, the worst of the Magnificent Seven stocks this year. Source
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Amazon Web Services outage hits airline websites, disrupting check-in
An inside view of Newark Airport as travelers are facing eight straight days of massive delays, United Airlines canceling routes and staffing shortages in Newark, New Jersey, United States, on May 06, 2025. Mostafa Bassim | Anadolu | Getty Images Airline websites, including Delta Air Lines and United Airlines, were disrupted during Monday’s disruption of […]
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As Anthropic tries to keep pace with OpenAI, it’s also taking on the U.S. government
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Artificial intelligence startup Anthropic is doing all it can to keep pace with larger rival OpenAI, which is spending money at a historic pace with backing from Microsoft and Nvidia. Of late, […]
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$500 purple cables put this little-known company in the middle of the AI boom
A demo setup of racks of AI servers connected with Credo cables, displayed at the Open Compute Summit in San Jose, California. Credo In July, Elon Musk posted photos from inside an xAI data center called Colossus 2, which the artificial intelligence startup aims to turn into a massive supercomputing facility in Memphis, Tennessee. Musk’s […]
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Microsoft will test a Copilot AI feature that performs work on local files in Windows 11
Microsoft Executive Vice President and Consumer Chief Marketing Officer Yusuf Mehdi speaks at company headquarters in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into the Windows operating system. Microsoft estimates that over 50 million AI PCs will be sold over the next […]
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CNBC Daily Open: Major U.S. banks enjoy a blowout quarter — assuaging trade war concerns
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC. Kevin Dietsch | Getty Images China has been using its dominance in the rare earth industry to slash […]
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Thirsty AI mega projects raise alarm in some of Europe’s driest regions
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images Europe’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity. The European Union has big plans […]
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CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade war
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors […]
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