Technology Select Sector SPDR Fund
Why has the software sell-off been so extreme? Look to this arcane way to value stocks
Why has the sell-off in software stocks — driven by artificial intelligence disruption fears — been so dramatic and seemingly unending? In this Club Check-in, CNBC’s Paulina Likos and Zev Fima answer that question by diving into an important concept that investors use to evaluate stocks called terminal value. Software profits have not collapsed, and […]
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Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long […]
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Stocks rise, adding to Tuesday’s comeback as Nvidia and Oracle shares gain: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on February 25, 2026. Timothy A. Clary | Afp | Getty Images U.S. equities rose on Wednesday, supported by Nvidia and Oracle, as stocks look to build on the gains from the prior trading day. The […]
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Stocks making the biggest moves midday: Netflix, Coinbase, Diageo, Cava and more
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market […]
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Normally staid bond investors have a new biggest worry: An AI bubble
Bloom Productions | Digitalvision | Getty Images Fears over artificial intelligence are now hitting bond investors, according to the latest credit investors survey from Bank of America Global Research. An AI bubble is seen as the top risk for the first time, with investors expecting a surge in bond issuance from hyperscalers, the February poll […]
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Trump’s State of the Union, Lowe’s earnings, Panera Bread’s value menu and more in Morning Squawk
1. Trump’s talk US President Donald Trump, right, and US House Speaker Mike Johnson, a Republican from Louisiana, during a State of the Union address in the House Chamber of the US Capitol in Washington, DC, US, on Tuesday, Feb. 24, 2026. Al Drago | Bloomberg | Getty Images President Donald Trump touted his economic […]
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South Korea and Japan stocks hit fresh highs amid regional gains after Wall Street’s AI relief rally
A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025. Jung Yeon-je | Afp | Getty Images South Korea and Japan stocks […]
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Head of Amazon’s AGI lab is leaving the company
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images The head of Amazon’s artificial general intelligence lab is leaving the company less than two years after joining through a so-called acqui-hire deal of his startup Adept. David Luan announced […]
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Workday stock sinks on weak revenue guidance
Aneel Bhusri, co-founder of Workday, speaks at the Workday Charity Classic on the Stanford University golf course in Stanford, California, on Aug. 28, 2024. David Paul Morris | Bloomberg | Getty Images Workday shares fell 8% in extended trading on Tuesday after the human resources and finance software maker reported light quarterly guidance. Here’s how […]
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Apple to move some Mac Mini production to U.S. this year as part of effort to boost domestic manufacturing
Apple CEO Tim Cook (R) speaks as U.S. President Donald Trump looks on during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images Apple said it’s moving production of some of its Mac Mini computers to the U.S. later this year as […]
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