NVIDIA Corp
CNBC Daily Open: Magnificent Seven competition heats up
A man walks past the Google signage outside the US tech giant’s Ananta office in Bengaluru, India, on Jan. 5, 2026. Idrees Mohammed | Afp | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a […]
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Microsoft revealed as company behind controversial data center proposal in Michigan township
Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Microsoft will open a new data-center region in Spain, expanding their strategic partnership with Telefonica SA, according the the statement by Telefonica. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft has identified itself as the mystery company […]
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CNBC Daily Open: Rumbles within the Magnificent Seven
Vcg | Visual China Group | Getty Images There’s movement going on in the Magnificent Seven group of stocks. Shares of Alphabet, the parent of Google, rose 2.4% on Wednesday, to give the firm a market capitalization of $3.89 trillion. Meanwhile, Apple, the parent of the iPhone (so to speak), retreated 0.8%, and ended the […]
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Stock futures are little changed after S&P 500, Dow retreat from record highs: Live updates
A trader work on the floor of the New York Stock Exchange during morning trading on January 06, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Stock futures hovered near the flatline overnight after the S&P 500 and the Dow Jones Industrial Average snapped three-day win streaks. Futures tied to the 30-stock […]
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Nvidia’s Jensen Huang would have to pay about $8 billion in proposed billionaire tax—he says that’s ‘perfectly fine’ with him
Jensen Huang seems unfazed by the prospect of a potential $7.75 billion tax bill. That’s how much the Nvidia CEO could end up owing the state of California if a proposed ballot measure succeeds in implementing a one-time 5% wealth tax on the state’s billionaires. Huang, whose $155 billion net worth makes him the world’s […]
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Alphabet’s market cap surpasses Apple’s for first time since 2019
Google CEO Sundar Pichai gives a thumbs up as he arrives to attend the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters Google parent company Alphabet saw its market capitalization surpass Apple’s for the first time since 2019. Alphabet’s market cap closed at $3.88 trillion on Wednesday. […]
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Nvidia’s Jensen Huang said he loves this company. The shares could nearly double this year, says one analyst
Things are looking up for Serve Robotics , a company that is capturing Wall Street’s attention given its expansion in the increasingly hot investment space of “physical AI.” Serve Robotics, an autonomous sidewalk delivery robot maker that was spun out of Uber in 2021, maintains a close partnership with Nvidia even after the chipmaker sold […]
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Anthropic signs term sheet for $10 billion funding round at $350 billion valuation
Anthropic has signed a term sheet for a $10 billion funding round at a $350 billion valuation, CNBC confirmed on Wednesday. Coatue and Singapore sovereign wealth fund GIC are leading the financing, according to a source familiar who asked not to be named because the discussions are confidential. A representative for Anthropic declined to comment. […]
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Tesla CEO Musk brushes off Nvidia self-driving competition as 5 or 6 years away
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that it will take several years […]
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Trump’s Greenland considerations, Nvidia’s China demand, xAI’s latest funding round and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Guests at my home will be pleased to know that I, despite personal fascination, live outside the delivery radius of this shower water beer. Stock futures are little changed this morning. The market is coming off another winning session. Here […]
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