Microsoft Corp
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 […]
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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 […]
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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 […]
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Big Tech’s AI spending spree: Smart long-term bet or short-term risk?
In this Club Check-in, CNBC’s Paulina Likos and Zev Fima break down big tech’s massive artificial intelligence spending spree — debating whether these billion-dollar bets will drive long-term cost savings or weigh on near-term returns. Mega-cap tech companies are shelling out billions of dollars to build out AI infrastructure. The big question we’re asking is […]
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Stocks fall as consumer sentiment tumbles, tech struggles: Live updates
A trader works during the Evommune Inc. initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 6, 2025. Michael Nagle| Bloomberg | Getty Images Stocks moved lower Friday as technology stocks continued to struggle, putting the major averages on pace for a losing week. The S&P […]
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$1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger
ETF Edge $1.7 trillion-dollar ETF giant State Street says 401(k) market about to face new low-cost challenger Published Fri, Nov 7 202510:05 AM EST Krysta Escobar WATCH LIVE Source
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Musk’s $1 trillion pay, a price cut for obesity drugs, Target’s in-store woes and more in Morning Squawk
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | 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. +$1 trillion The richest man in […]
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CNBC Daily Open: It’s a bad time to be a tech investor — or employee
An Amazon Web Services Inc. office in Herndon, Virginia, U.S., on Thursday, Aug. 29, 2024. Bloomberg | Bloomberg | Getty Images October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology […]
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Southeast Asia’s largest bank CEO warns investors: ‘Buckle up, we’re in for a volatile ride’
Tan Su Shan is the CEO and director of DBS Group. Bloomberg | Bloomberg | Getty Images With valuations in the U.S. stock market becoming increasingly stretched, the chief executive of Southeast Asia’s largest bank is warning investors to expect turbulence ahead. “We’ve seen a lot of volatility in the markets. It could be equities, […]
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CNBC Daily Open: Tech had a rough day in the markets — its employees had a worse October
Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S. were nearly twice as high as a month earlier — the steepest for any October since 2003, data from outplacement firm Challenger, Gray & Christmas showed. The technology sector was the hardest hit, with 33,281 cuts, almost […]
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