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AWS teams working around the clock to keep Middle East services up after drone strikes, CEO says
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said on Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate […]
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Apple shares sink 4% on report of foldable iPhone delays
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City. Mike Segar | Reuters Shares of Apple sunk 4% Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones. “Apple and the supply chain are working under […]
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CNBC’s The China Connection newsletter: Why AI isn’t replacing jobs in China (yet)
College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of […]
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Microsoft is the worst performing Mag 7 stock this year. Goldman believes that’s about to change
Microsoft could gain ground as artificial intelligence seems poised to boost, rather than batter, shares of the “Magnificent Seven” stock, according to Goldman Sachs. The investment bank has a buy rating on Microsoft, with a $600 price target on shares, implying nearly 61% upside from Thursday’s close. “We believe the pace of deceleration in [Microsoft […]
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Hope for a U.S.-Iran deal, Apple’s anniversary, OpenAI’s podcast deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. My alma mater is in tonight’s March Madness championship game. While I’m not a big sports person, I have too many friends whose brackets depend on this game to not mention the Wolverines. S&P 500 futures are higher this morning […]
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