CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images OpenAI has proposed handing the U.S. government a 5% stake…
A journalist films Xiaomi SU7 Ultra cars during a Xiaomi track day driving experience in Tianjin, in northern China on April 23, 2026, ahead of the Beijing Auto Show which opens on April 24. (Photo by GREG BAKER / AFP via Getty Images) Greg Baker | Afp | Getty Images Hong Kong-listed shares of Chinese…
Zeroth W1, produced by Lexiang Technology, has obtained the Wall-E IP authorization for the Disney animated film “RoboCop” and will be unveiled at AWE 2026 in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Alibaba-affiliate Ant Group is ramping up its move into humanoid robots. Ant has led…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading, dragging down South Korea’s benchmark Kospi after the tech-heavy Nasdaq Composite…
CNBC’s Jim Cramer said investors who feel they’ve missed this year’s biggest winners should be thankful for Wednesday’s market rotation. “You are getting a chance to sell the losers at a premium and switch to winners at a discount,” the “Mad Money” host said Wednesday. “So often in this market, you look back and kick…
Meta Platforms on Wednesday gave investors what they needed to gain renewed confidence in the company’s mounting artificial intelligence spending — and its stock. Meta is preparing to launch a cloud infrastructure business that would sell excess AI computing power and AI models to outside customers, Jim Cramer confirmed Wednesday, throwing its ring in the…
Igor Golovniov | Lightrocket | Getty Images A day after closing out a blockbuster three months on Wall Street, high-flying chip stocks suffered steep declines to open the third quarter. Memory maker Micron dropped 11%, wiping out $138 billion of market cap. Intel fell 9% and rival chipmaker Advanced Micro Devices dropped 7%. Those three…
It was a strong yet erratic first half of the year for stocks. Some of our Club holdings staged brilliant comebacks from their 2025 lows. Others fell even further, ultimately forcing us to exit one frustrating position. Despite Iran war volatility, resurgent inflation, and AI disruption concerns, the S & P 500 still managed to…
Shares of Meta popped 10% on Wednesday following news that the company is building out a new cloud business that could help recoup some of the billions of dollars it’s poured into artificial intelligence infrastructure. Meta will sell its excess computing power to outside customers, CNBC’s Jim Cramer confirmed. Bloomberg was first to report the…
Palantir CEO Alex Karp on Wednesday criticized the token model used by U.S. artificial intelligence labs Anthropic and OpenAI as costs skyrocket. “I’m not throwing shade at them, but something has gone completely wrong,” he told CNBC’s “Squawk Box.” “The basic view among enterprises in this country is I’m going to chillax and waste my…