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Palantir moving its headquarters from Denver to Miami
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir is relocating its headquarters to Miami from Denver, the company announced Tuesday in a post on social media platform X. The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform […]
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Ford to follow Tesla Cybertruck with electrical tech in new EV pickup
A Ford F-150 Lightning next to a Tesla Cybertruck. Michael Wayland / CNBC DETROIT — Ford Motor‘s $5 billion “bet” on its next generation of all-electric vehicles will feature a budding technology that Tesla commercialized in the U.S. on its Cybertruck, the Detroit automaker said Tuesday. The system, known as a 48-volt electrical architecture, had […]
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Trucking and real estate stocks struggle to gain momentum in premarket after becoming latest victims of AI fears
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images Investors are anxious heading into the final trading session of the week, after AI concerns gripped equity markets again to trigger a fresh sell-off — this […]
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CNBC Daily Open: The AI fear spreads — real estate, trucking and logistics are its latest victims
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., February 11, 2026. Brendan McDermid | Reuters Artificial intelligence is having a moment. And in markets, that usually means someone else is having a rough week. The latest victims of the technology are real estate, […]
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Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y
Chinese smartphone company Xiaomi launched its YU7 electric SUV in summer 2025, taking direct aim at Tesla’s Model Y. Sopa Images | Lightrocket | Getty Images BEIJING — Xiaomi‘s electric car venture has succeeded in dethroning Tesla in China, at least in January. The Xiaomi YU7 SUV ranked first in China by sales last month, […]
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Waymo begins deploying next-gen Ojai robotaxis to extend its U.S. lead
A Waymo autonomous vehicle outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo on Thursday said it has begun using its sixth-generation driverless system to provide robotaxi rides to employees on Ojai vehicles, which use a base model made by Chinese […]
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Canada tariffs, McDonald’s value push, El Paso airport and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. For nearly a week last year, McDonald’s was the number-one global seller of one thing, and it wasn’t edible. The fast-food chain in December became the world’s top sock — yes, sock — seller thanks to its Grinch Meal. Stock […]
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Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
AI Age Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales Published Thu, Feb 12 20268:00 AM EST Ari Levy@levynews Jordan Novet@in/jordannovet/ WATCH LIVE Source
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Apptronik raises $520 million to beat Chinese humanoids, Tesla Optimus to market
Apptronik has raised $520 million in funding at a $5 billion valuation as the startup aims to commercialize its humanoid Apollo robots, potentially beating Chinese competitors and Tesla’s Optimus to the market. The new funding, announced on Wednesday, brings Apptronik’s series A funding round to $935 million. B Capital, chaired by Howard Morgan, co-led the […]
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Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure
Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin, Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month […]
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