Big Tech’s AI spending is putting a longtime strengths to the test
The artificial intelligence spending boom is testing one of Big Tech’s greatest strengths: pristine balance sheets. Club holdings…
Okta skyrockets 20% and CrowdStrike surges 15%, leading cyber rally
Jonathan Raa | Nurphoto | Getty Images CrowdStrike and Okta shares surged on Thursday after earnings showed that…
China industrial profits growth cools to slowest in seven months
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China…
Z.ai shares surge 8% on new AI model running only on Chinese chips
The Zhipu or Z.ai logo is pictured on a smartphone on Aug. 14, 2026. Cfoto | Future Publishing…
Jensen Huang defends Nvidia’s growing financial support for AI ecosystem, says ‘the risk is low’
Nvidia CEO Jensen Huang on Wednesday defended the chipmaker’s growing role in financing the artificial intelligence boom, pushing…
CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia’s logo is displayed at their headquarters on Aug. 26, 2026 in Santa Clara, California. Benjamin Fanjoy |…
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal…
CNBC Daily Open: The U.S. is flexing its economic power — drawing retaliation
Canadian Prime Minister Mark Carney speaks about the trade dispute with the United States at the Davie Shipyard…
Household, real sector inflation expectations rise in Türkiye
Inflation expectations among households and the real sector rose in August, while expectations among market participants declined, a…
We’re booking a 300% profit in an AI winner and buying more of a healthcare name
We are selling 165 shares of Broadcom at roughly $361.27 and buying 50 shares of Cardinal Health at…
Apple to launch $2,000-plus foldable ‘iPhone Ultra’ in early September: report
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning…
CNBC Daily Open: U.S. takes aim at friends and foes alike
U.S. President Donald Trump gestures as he speaks to the media before boarding Air Force One at Joint…