Technology Select Sector SPDR Fund
Is Meta’s AI spending blitz working? The stock’s next move depends on the answer
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all […]
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Tech’s hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring
Sebastien Bozon | Afp | Getty Images The last time tech’s hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invaded Iran, causing oil prices to spike, and leading to a […]
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China’s tech play, U.S. high yield & own equities — 3 investment strategies from the studio
Markets are seeing a tepid start to trade in Europe, as investors digest the latest developments in the Iran war. Anticipation is also building ahead of major earnings this week, including five of the “Magnificent Seven,” as well as rate decisions from the Federal Reserve, the Bank of England, the ECB and the Bank of […]
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Cramer’s week ahead: Record highs meet a pivotal week for tech earnings
Key Points CNBC’s Jim Cramer said the market has become a “beast”, driven by a powerful rally in data center and AI-related stocks. He then turned to the week ahead, where a packed slate of tech earnings will test whether the surge can continue or if expectations have gotten too high. CNBC’s Jim Cramer said […]
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Nvidia stock closes at record, pushing market cap past $5 trillion
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Nvidia shares closed at a record on Friday for the first time since October, pushing the company’s market cap past $5 trillion, as investors piled into the AI chip trade ahead […]
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20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg (L) and Microsoft CEO Satya Nadella. Getty Images | Reuters The more than 20,000 potential job cuts Meta and Microsoft revealed on Thursday, months after Amazon announced its most widespread layoffs ever, may only be the beginning. The same companies that are collectively spending hundreds of billions of dollars a year […]
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Israel-Lebanon ceasefire, Microsoft’s first-ever buyouts, Starbucks’ loyalty program and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Congratulations to the NFL’s first-round draft picks. CNBC’s Alex Sherman spoke to No. 1 pick Fernando Mendoza ahead of his big night. Stock futures are mixed this morning after a negative day for all three major indexes. Here are five […]
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CNBC Daily Open: Truce on land, storm at sea — markets are counting the cost
Iranian Parliament Speaker, Mohammad Bagher Ghalibaf, gestures while speaking with media in a media conference at a conference hall in the Iranian Parliament building in Tehran, Iran, on Dec. 2, 2025. Morteza Nikoubazl | Nurphoto | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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Apple’s elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company’s direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple’s in-house chips. Apple created a new title […]
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