5 things to know before the market opens Friday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. If you’re as…
Alphabet will surge 40% as Google becomes an AI leader, Wells Fargo says
Alphabet has room to run due to Google being well positioned to emerge as a frontrunner in the…
Amazon’s OpenAI deal will drive AI revenue growth, stock upside, Citi says
Amazon has room to run as it ramps up its compute capacity and deepens its ties with OpenAI,…
OpenAI Set to Raise $10 Billion From MGX, Coatue, Thrive
OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with…
Amazon faces further AWS disruption in Bahrain amid Iran war
PARIS, FRANCE – JUNE 11: The Amazon Web Services (AWS) logo, a division of Amazon.com’s US e-commerce group…
OpenAI data center pivot underscores Wall Street IPO concerns
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US,…
Why Spotify AI more than music is secret to keeping listeners
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael…
Why low earth orbit is attracting billions in investment
Europe’s Ariane 6 rocket takes off, in Kourou, French Guiana, July 9, 2024. European Space Agency ESA |…
Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
(Bloomberg) — Alibaba Group Holding Ltd. (BABA) and Tencent Holdings Ltd. (TCEHY) lost $66 billion of market value…
5 things to know before the market opens Thursday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after…
A closer look at Nvidia’s $20 billion bet on tech for a new AI chip
On the day before Christmas, when few stocks were stirring, a pricey and pivotal transaction jolted the AI…
We’re buying more of this leading AI stock on this year’s undeserved pullback
Shortly after the opening bell, we will be buying 45 shares of Alphabet at roughly $307. Following Friday’s…