New York Governor Kathy Hochul and US President Donald Trump. David Dee Delgado | Reuters | Saul Loeb | AFP | Getty Images President Donald Trump slammed New York Gov. Kathy Hochul on Wednesday, saying in a Truth Social post that the state should change its new data center moratorium “IMMEDIATELY” after becoming the first…
Citi stepped up to the plate on Wednesday, going to bat for Microsoft ‘s much-maligned Copilot artificial intelligence assistant. Jim Cramer said he was stunned by the research. In a note to clients, Citi analysts said they expect a strong fiscal 2026 fourth quarter, with momentum building into fiscal 2027 from its Copilot and Azure…
U.S.-listed shares in Chinese conglomerate Alibaba rose 4% in premarket trading on Wednesday after confirming that its Qwen AI model will be integrated into Apple systems in China. “Qwen will be integrated into Apple Intelligence experiences within iOS, iPadOS, macOS, and visionOS for users in China,” an Alibaba spokesperson told CNBC. The Cyberspace Administration of…
People gather near a SpaceX advertisement outside the Nasdaq MarketSite, on the day of their initial public offering (IPO) in New York City, U.S., June 12, 2026. Brendan Mcdermid | Reuters SpaceX shares fell for a fourth-straight session on Wednesday, dropping below their $135 initial public offering price for the first time, about a week…
An exterior view of the New York Stock Exchange on September 18, 2024 in New York City. Stephanie Keith | Getty Images The Depository Trust and Clearing Corporation on Wednesday will complete a set of financial transactions using digital versions, or “tokenized,” of assets held at The Depository Trust Company, the company announced. The day-long…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. If you start seeing drones in the sky, they might be part of Zipline’s delivery fleet. Stock futures are higher this morning after a positive day on Wall Street. Here are five key things investors need to know to start…
Shortly after the opening bell, we will be buying another 100 shares of Intel at roughly $110 each. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,100 shares of INTC, increasing its weight the portfolio to about 3% from 2.7%. We’re making another purchase of Intel, which Jim has frequently described as his favorite…
In this photo illustration a 13-year-old teenage boy looks at an iPhone screen displaying various social media apps on January 12, 2026 in Bath, England. Matt Cardy | Getty Images News | Getty Images The U.K. government on Wednesday proposed new measures to protect older teens on social media, including a midnight curfew and a…
Anton Petrus | Moment | Getty Images Europe has spent years rebuilding its military in response to Russia’s invasion of Ukraine. Now, investment is increasingly converging around one technology that is seen as central to the continent’s future security: drones. A flurry of announcements over the past two weeks shows just how quickly that shift…
ASML on Wednesday raised its guidance for the second time this year as its customers continue to ramp up production capacity of AI chips. The Dutch semiconductor-equipment maker said it now expects full-year sales to come in between 43 billion euros ($49 billion) and 45 billion euros, and a gross margin of between 54 and…