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Elon Musk billionaires bill supporters draw progressive challengers in Delaware
An Elon Musk sign sits in a bush the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | AFP | Getty Images A progressive wing of the Democratic Party in Delaware is endorsing primary opponents to six incumbent Democratic state lawmakers […]
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Intel’s stock more than doubles in April for best month in chipmaker’s 55 years on Nasdaq
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is on a winning streak unlike any since it became one of the first companies to go public on the Nasdaq nearly 55 years ago. The chipmaker’s stock soared 114% […]
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OpenAI trial live updates: Head of Musk’s family office takes the stand
Birchall unsure if OpenAI donations by Musk came with restrictions Bradley R. Wilson, an attorney for OpenAI, asked Birchall a series of questions about funds that Musk put into “DAFs,” or donor-advised funds, managed by Vanguard and Fidelity. The lawyer asked if Birchall knew whether Musk had any legal right to direct where the funds […]
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Boaz Weinstein’s activist investor Saba seizes control of UK tech fund after bitter SpaceX feud
Saba Capital, the activist hedge fund led by Boaz Weinstein, has won a dramatic victory in its long-running campaign against the board of Edinburgh Worldwide Investment Trust. Shareholders in Edinburgh Worldwide voted Thursday for Saba Capital’s plan to oust EWIT chair Jonathan Simpson-Dent — and five other board members — and to install three Saba-backed […]
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Big Tech earnings, Powell’s decision, Pershing Square IPO and more in Morning Squawk
1. The tech TLDR The Meta corporate logo is featured at the Fira Gran Via booth, highlighting the company’s ”AI-First” hardware ecosystem during the Mobile World Congress. Joan Cros | Nurphoto | Getty Images Four of the Magnificent Seven tech companies released their highly-watched earnings reports last night, largely beating expectations across the board. Still, […]
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Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Over the past two decades, India’s IT sector has been driving a consumption boom that has in many ways anchored the India growth story. […]
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Uber makes big bets on travel, hotels and AI voice bookings at annual product showcase
Chris Ratcliffe | Bloomberg | Getty Images Uber is breaking into the travel industry. The ride-hailing company on Wednesday announced several new products at its annual Go-Get event in New York as it looks to attract more users to its platform and push to differentiate beyond its mainstay ridesharing business. Rather than focusing on its […]
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Fed day, Starbucks earnings, UAE leaves OPEC and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. I couldn’t help but feel a pang of déjà vu reading about Jimmy Kimmel’s return to the White House’s crosshairs. S&P 500 futures are little changed this morning. All three major averages logged a negative session yesterday. Here are five […]
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OpenAI looms over earnings from tech hyperscalers
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters With the four tech hyperscalers — Amazon, Alphabet, Meta and Microsoft — set to report quarterly earnings after the close, hovering over their results is […]
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Musk and Altman go to trial, GM earnings, Spotify’s fitness push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Shares of key players in the artificial intelligence trade — like Oracle, Nvidia and SoftBank Group — are all falling this morning following a report that OpenAI missed internal targets for revenue and user growth. Stock futures are mixed in […]
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