Technology Select Sector SPDR Fund

Nvidia is in talks to invest up to  billion in OpenAI, source says
Technology

Nvidia is in talks to invest up to $30 billion in OpenAI, source says

Sam Altman, chief executive officer of OpenAI Inc., at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Nvidia is in discussions to invest up to $30 billion in OpenAI as part of a funding round that could value the artificial intelligence startup at […]

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CNBC Daily Open: Private credit fears and U.S.-Iran tensions pressure Wall Street
World

CNBC Daily Open: Private credit fears and U.S.-Iran tensions pressure Wall Street

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 19, 2026. Brendan McDermid | Reuters U.S. markets had a shaky Thursday, pressured by Washington’s escalating tensions with Iran and renewed worries over private credit. White House press secretary Karoline Leavitt said Wednesday that there were “many […]

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Stock futures are little changed ahead of key economic data, possible tariff court ruling: Live updates
World

Stock futures are little changed ahead of key economic data, possible tariff court ruling: Live updates

Traders work at the New York Stock Exchange on Feb. 18, 2026. NYSE Stock futures were little changed Thursday night ahead of the release of crucial economic data and a potential key ruling from the Supreme Court on President Donald Trump’s tariffs. Futures tied to the Dow Jones Industrial Average shed 6 points, or 0.01%. […]

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Accenture tells senior staff to use AI tools or risk losing out on leadership promotions
World

Accenture tells senior staff to use AI tools or risk losing out on leadership promotions

Accenture signage during the 2026 CES event in Las Vegas, Nevada, US, on Wednesday, Jan. 7, 2026. Bridget Bennett | Bloomberg | Getty Images Accenture has told senior staff they must regularly use its AI tools to be considered for promotions for leadership roles. Associate directors and senior managers at the consultancy giant were informed […]

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Stock futures are lower; Walmart earnings loom: Live updates
World

Stock futures are lower; Walmart earnings loom: Live updates

Traders work at the New York Stock Exchange on Feb. 18, 2026. NYSE Stock futures fell Thursday after the major averages posted a winning session. Investors also looked ahead to quarterly results from retail giant Walmart, due in the morning. Futures tied to the Dow Jones Industrial Average lost 183 points, or 0.4%. S&P 500 […]

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CNBC Daily Open: Traders are betting for a rate cut — but a hike could be on the table
World

CNBC Daily Open: Traders are betting for a rate cut — but a hike could be on the table

A worker steps down from a truck at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters Most U.S. Federal […]

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Meta deal for millions of Nvidia chips is big — these 2 charts illustrate why
Technology

Meta deal for millions of Nvidia chips is big — these 2 charts illustrate why

Meta Platforms ‘ pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia’s scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage, […]

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Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies
World

Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies

Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images American tech companies should “worry a little bit” […]

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Google’s I/O developer conference to be held May 19 and 20, says Alphabet
Technology

Google’s I/O developer conference to be held May 19 and 20, says Alphabet

Google CEO Sundar Pichai addresses the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | AFP | Getty Images Alphabet announced Tuesday that it will host its annual developer conference, Google I/O, on May 19 and 20. CEO Sundar Pichai announced the dates in an X […]

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Value investor Seth Klarman added Amazon last quarter. Here’s what else he bought
World

Value investor Seth Klarman added Amazon last quarter. Here’s what else he bought

Baupost Group’s Seth Klarman picked up Amazon in the fourth quarter, a bet that has yet to work out for the value investor this year as tech stocks take a hammering. The Boston-based hedge fund manager took a new position in Amazon amounting to $489.7 million, making the online retailer the firm’s second-largest holding, according […]

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