PlayStation games are displayed at the Best Buy store on February 27, 2024 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images PlayStation will soon end physical disc production for all new games released on its consoles, the company announced Wednesday morning. Starting January 2028, new games released on the Sony-owned…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. While consumer sentiment is near record lows, at least one group appears to be feeling better about their jobs: shift workers. Stock futures are mixed this morning after a winning day on Wall Street. Here are five key things investors…
Traders work at the New York Stock Exchange on June 26, 2026. NYSE The tech sector emerged as a clear winner in the first half of 2026. But while U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June — they were largely outperformed by their international counterparts….
Amid widespread “techlash” over addictive screens and apps, the Yoto, an audio player for children, shows there’s still a way to make money while doing something nice. Source link
Abu Dhabi’s sovereign wealth fund MGX on Wednesday announced it has closed a $49 billion fund to back AI companies, making it one of the biggest ever investment vehicles focusing on the sector. Investors are racing to throw money behind AI companies, as they bet big on the transformational potential of the tech across enterprise….
A mechanical hand is on display at the Robot Mall, world’s first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images Companies are rapidly changing their minds that artificial intelligence can “do it all” by rehiring employees to propel their businesses forward, as investors…
CNBC’s Jim Cramer on Tuesday offered up a straightforward framework for Wall Street’s current approach to the artificial intelligence trade. “Wall Street’s now rewarding tech companies with products in high demand and punishing their customers,” the “Mad Money” host said. The shift comes as the “Magnificent Seven” collectively shed roughly $2.3 trillion in market value…
U.S.-based cybersecurity giant CrowdStrike has warned of increasing cyberattacks from China-based entities aimed at stealing artificial intelligence to narrow the tech gap with the U.S. Bill Hinton | Moment Mobile | Getty Images Cyberattacks aimed at stealing American artificial intelligence technology are increasingly expanding from tech-based attacks to the exploitation of human-level vulnerabilities, with China-based actors playing…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Anthropic on Tuesday announced that the U.S. Department of Commerce has lifted the export controls on its Claude Fable 5 and Mythos 5 models, putting…
Micron CEO Sanjay Mehrotra said Tuesday that memory chipmakers aren’t the only ones to blame for the current supply-and-demand imbalance, which has recently led to price hikes for smartphones, computers and other consumer electronics. Customers who drove a hard bargain in pricing in recent years also contributed to the squeeze, Mehrotra argued, suggesting that left…