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European markets rise as Wall Street sentiment spills over
World

European markets rise as Wall Street sentiment spills over

LONDON — European markets were in positive territory on Friday, buoyed by Wall Street’s record-breaking rally on Thursday. The pan-European Stoxx 600 was 0.4% higher at 9:42 a.m. in London (4:42 a.m. ET). Global investors will be watching the latest developments between Ukraine and Russia on Friday amid warnings by NATO Secretary General Mark Rutte that […]

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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
World

AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading

U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day. Oracle was 1.3% lower in premarket trading, Nvidia and Micron fell 0.9%, and CoreWeave was down 1.4% at 4:30 a.m. ET. The share price of cloud computing and database software maker Oracle plummeted on Thursday, ending the […]

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CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech
Technology

CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following the […]

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Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market
Technology

Altman and Musk launched OpenAI as a nonprofit 10 years ago. Now they’re rivals in a trillion-dollar market

Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, Japan, on February 03, 2025. Tomohiro Ohsumi | Getty Images On Dec. 11, 2015, OpenAI launched as a nonprofit research lab after Elon Musk and a group of prominent […]

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Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Technology

Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call

Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded sharply lower as the Q & A session of the post-earnings conference call kicked off. Investors were apparently not satisfied with CEO Hock Tan’s answer to an important question. […]

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CNBC Daily Open: U.S. stocks hit records despite AI-led tech slide
World

CNBC Daily Open: U.S. stocks hit records despite AI-led tech slide

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 11, 2025. Jeenah Moon | Reuters The S&P 500 and Dow Jones Industrial Average advanced on Thursday, with both hitting fresh closing records. The Russell 2000 index also ended the session at a new high, following […]

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Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand
Technology

Oracle’s lease commitments jump by almost 150% as company builds out to meet AI demand

Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg […]

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Broadcom reveals its mystery  billion customer is Anthropic
Technology

Broadcom reveals its mystery $10 billion customer is Anthropic

A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips. At […]

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S&P, Dow futures are higher after indexes notch record closes: Live updates
World

S&P, Dow futures are higher after indexes notch record closes: Live updates

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | Getty Images Futures tied to Dow Jones Industrial Average and S&P 500 were higher Thursday night after strong gains in value areas of the market pushed both indexes to fresh records. Dow futures added 112 points, […]

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Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says
Politics

Trump ‘sells out’ U.S. national security with Nvidia chip sales to China, Sen. Warren says

Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025. Annabelle Gordon | Reuters President Donald Trump’s decision to let Nvidia […]

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