Oracle Corp
Sam Altman touts OpenAI-Microsoft alliance, says next phase will be ‘better than anyone is ready for’
Former OpenAI CEO Sam Altman and and Microsoft CEO Satya Nadella at OpenAI’s DevDay in San Francisco on Nov. 6, 2023. Hayden Field | CNBC OpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong. Altman posted a picture with Microsoft CEO Satya Nadella on X, and […]
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Stocks making the biggest moves premarket: Nvidia, Oracle, JetBlue, General Motors and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling bounced back about 3% after plunging 17% a day earlier. Shares of peer firms with large AI exposure Broadcom and Oracle also ticked up more than 2%. Boeing — The aerospace stock fell less than 1% after fourth-quarter results missed […]
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Microsoft’s underperformance has investors looking to cloud for growth
Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft is in the middle of the artificial intelligence boom, but it’s been a while since investors have seen the rewards. The software giant’s stock price is up less […]
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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures were little changed on Monday night. The action followed a sell-off fueled by worries over the emergence of Chinese startup DeepSeek and […]
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Nvidia sheds almost $600 billion in market cap, biggest one-day loss in U.S. history
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap […]
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Stocks making the biggest moves midday: Nvidia, Oracle, Constellation Energy, AT&T and more
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 16% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since March 2020. […]
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CNBC Daily Open: Chasing the bull market? Maybe pay attention to gold
An employee removes a silver bar for sale from the shelf at a Costco in Bayonne, New Jersey, U.S., on Friday, Oct. 4, 2024. Clark Hodgin | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need […]
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Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
Photo illustration of TikTok app logo on a smartphone screen displayed with the American flag. Nurphoto | Nurphoto | Getty Images Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the […]
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Meta is offering deals to creators to promote Instagram on TikTok, Snapchat and YouTube Shorts
Instagram added a new short-form video feature to the image-focused platform in a direct challenge to TikTok. Chris Delmas | AFP | Getty Images Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat and YouTube, CNBC has learned. With the TikTok app not currently available for download […]
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White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports
Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app’s global operations, […]
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