A Microsoft Xbox sign appears at the Gamescom conference in Cologne, Germany, on Aug. 21, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Tuesday that it will lower the cost of subscriptions that include access to hundreds of video games, after the company’s new gaming leader promised to “recommit to our core Xbox…
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He…
Steve Jobs (R), Apple Inc. CEO, and Tim Cook, Apple Inc. Coo, speak at a press conference at Apple headquarters in Cupertino, California. Kimberly White | Corbis Historical | Getty Images In his time running Apple, Tim Cook has been more like the “president of a country, not a company,” according to Deepwater Asset Management’s…
Swedish EV trucking company Einride is deploying 75 manually operated electric heavy-duty trucks in Amazon‘s Relay freight network, an expansion of the freight EV startup’s push into the U.S. ahead of a planned public offering, and Amazon’s push to expand no-emissions electrification technology across its logistics network and beyond last-mile delivery. The Einride trucks will…
President Donald Trump on Tuesday told CNBC that “it’s possible” there will be a deal allowing Anthropic’s artificial intelligence models to be used within the Department of Defense. “They came to the White House a few days ago, and we had some very good talks with them, and I think they’re shaping up,” Trump said…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. President Donald Trump will join CNBC’s “Squawk Box” for a live interview at 8:30 a.m. ET this morning. Watch live on CNBC or CNBC+. Stock futures are rising after a down day on Wall Street. Here are five key things…
John Ternus, senior vice president of hardware engineering at Apple Inc., during an Apple event in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Apple has maintained its dominance in consumer devices and built up a $4 trillion market cap despite largely sitting on the sidelines of the…
The logo for Victory Giant Technology is seen at the Hong Kong Exchanges and Clearing Limited (HKEX) In Hong Kong on April 21, 2026. Peter Parks | Afp | Getty Images Shares in Victory Giant Technology surged as much as 60% on Tuesday, after the Chinese company’s blockbuster initial public offering — the biggest in Hong…
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology gained nearly 6% on Monday amid reports that Google will use the chip design firm for two new chips to power artificial intelligence workloads. Until now, Google has relied on…
CNBC’s Jim Cramer said the stock market’s muted reaction to escalating tensions in the Middle East shows investors are focused on forces far bigger than geopolitics. “When you saw the news…you had to believe we were just going to get clobbered today,” the “Mad Money” host said, referring to headlines over the weekend that Iran…