Oracle Corp
CNBC Daily Open: U.S. tech shares pull back amid growing AI bubble worries
Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 17, 2025 in New York City. Michael M. Santiago | Getty Images Individual equities and separate sectors popped Wednesday, but collectively, their moves weren’t forceful enough to lift indexes. Beleaguered American chipmaker Intel is finding itself in slightly less […]
Read More
Early Revolut backer invests in AI-focused finance software startup Light
Key Points Light, a Danish financial software startup, told CNBC it has raised $30 million in a Series A funding round led by Balderton Capital. Founded in 2022, Light’s software uses artificial intelligence to automate businesses’ accounting, bookkeeping and financial reporting. The startup recently opened an office in London and is planning to open one […]
Read More
Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Nvidia’s massive investment in OpenAI, announced earlier this week, will put billions of dollars into the coffers of the artificial intelligence startup to use as it sees fit. But […]
Read More
CNBC Daily Open: Rallies of individual stock couldn’t push up major indexes
Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 17, 2025 in New York City. Michael M. Santiago | Getty Images Individual equities and separate sectors popped Wednesday, but collectively, their moves weren’t forceful enough to lift indexes. Beleaguered American chipmaker Intel is finding itself in slightly less […]
Read More
Stock futures are little changed ahead of key jobs data: Live updates
A trader works on the floor of the New York Stock Exchange on Sept. 18, 2025. NYSE Stock futures were little changed Wednesday night as investors awaited upcoming jobs data. S&P futures ticked higher by about 0.1%, while Nasdaq 100 futures hovered above the flatline. Futures tied to the Dow Jones Industrial Average added 39 […]
Read More
Stocks making the biggest moves midday: Alibaba, Lithium Americas, Freeport-McMoRan, UniQure and more
Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for […]
Read More
Microsoft adds Anthropic AI model to Copilot assistant, diversifying from OpenAI
Microsoft is the lead investor in OpenAI and has long been the artificial intelligence startup’s key cloud partner. But in the latest sign that AI relationships are getting complicated, Microsoft is beginning to use more technology from OpenAI rival Anthropic. The software giant said Wednesday that it’s starting to draw on an AI model from […]
Read More
Stocks making the biggest moves premarket: Alibaba, MillerKnoll, Oracle and more
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Oracle – The database software company’s stock dropped 1.4% amid uncertainty over the extent […]
Read More
CNBC Daily Open: Bad timing for OpenAI’s Stargate to come online
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the […]
Read More
Sam Altman on OpenAI’s $850 billion in planned buildouts: ‘People are worried. I totally get that’
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images ABILENE, Texas — Sam Altman stood on a patch of hot Texas dirt, the kind that turns to dust storms on […]
Read More