Technology Select Sector SPDR Fund
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The stock plunged […]
Read More
Amazon settles Teamsters case alleging it retaliated against striking workers
Amazon delivery drivers walk the picket line outside Amazon delivery station as they went on strike in Skokie, Illinois on December 19 2024. Kamil Krzaczynski | Afp | Getty Images Amazon has vowed not to retaliate against workers who go on strike as part of a settlement with federal labor officials. The company will restore […]
Read More
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the […]
Read More
Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market
Key Points Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “It’s not impossible that Apple would get to a price, we would buy a lot of it,” Buffett told CNBC’s Becky Quick. “But not in this market.” The billionaire investor also announced he’s […]
Read More
Microsoft hit with UK competition regulator probe over software business
Microsoft has been hit with a fresh probe into its business software ecosystem by the British competition regulator. The U.K.’s Competition and Markets Authority announced on Tuesday it is launching a “strategic market status (SMS) investigation” into the tech giant’s suite of enterprise software, starting in May. Hundreds of thousands of U.K. businesses and public […]
Read More
Evercore ISI predicts ‘inflection point’ is days away, plans to commit capital if S&P 500 drops to this level
A week of “maximum uncertainty” should deliver a key opportunity for investors, according to Evercore ISI’s Julian Emanuel. “We’re getting towards an inflection point where we would want to commit capital here,” the firm’s managing director said Monday on CNBC’s ” Fast Money .” Emanuel pinpoints next Monday, April 6, the day President Donald Trump […]
Read More
Oil’s record month, TSA pay, the Pokémon card resale market and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. This article about the future of film studios’ animated slates was the reminder I needed to go see “Hoppers,” as it feels like I’m the only one of my friends who hasn’t. Stock futures are higher this morning as Wall […]
Read More
Meta’s court losses spell potential trouble for AI research, consumer safety
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Over a decade ago, Meta – then known as Facebook – hired researchers in the social […]
Read More
Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. […]
Read More
Epstein victims sue Google, Trump administration for disclosing personal information
A tablet screen displays a portrait of Jeffrey Epstein beside the U.S. Department of Justice website page titled Epstein Library, Feb. 11, 2026. Veronique Tournier | Afp | Getty Images A victim of notorious sex predator Jeffrey Epstein filed a class action lawsuit on behalf of herself and other survivors against the Trump administration and […]
Read More