Qualcomm is working on over 40 designs of new AI devices, CEO Cristiano Amon told CNBC, as the chip designer prepares for a wave of “agents” across consumer electronics. In a wide-ranging interview on CNBC’s “The Tech Download” podcast, Amon laid out his views on the changing role of smartphones and apps, why smart glasses…
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. The New York Knicks became NBA champions for the first time in more than half a century this weekend. Meanwhile, another Manhattan sports franchise — my recreational soccer team — learned we didn’t make the playoffs. Stock futures are rising…
Electronic Arts, the digital interactive entertainment company, announced EA Advertising, a new way for brands to connect with fans through its portfolio of games, the company said in a press release Monday. EA Advertising is expanding EA’s ecosystem by enabling brands to integrate directly into gameplay through dynamic, real-time placements, from stadium signage to custom…
SpaceX underwriters have officially exercised their overallotment of shares in the historic initial public offering, bringing the total raised to $85.7 billion, according to an investor relations update out Monday. Elon Musk‘s space and artificial intelligence company raised an initial $75 billion on Thursday, making it the biggest IPO ever. SpaceX’s brokers, which include Goldman…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks surged Monday after President Donald Trump announced that the U.S. and Iran had reached an agreement to end the nearly four-month conflict. The Dow gained 1.3% to reach…
Senior Anthropic staffers are meeting with Trump administration officials in Washington, D.C., on Monday to try to resolve the artificial intelligence company’s latest high-profile dispute with the U.S. government, according to a source close to the company. Anthropic received an export control directive on Friday that cited “national security authorities” and ordered the company to…
A Salesforce sign is displayed at their office on Feb. 25, 2026 in San Francisco, California. Benjamin Fanjoy | Getty Images Salesforce on Monday said it is buying AI customer service platform Fin for about $3.6 billion as businesses accelerate their agentic offerings for enterprises. The deal, expected to close in the fourth quarter of…
SpaceX CEO Gwynne Shotwell and executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history. Shares of SpaceX were around 6% higher at…
Britain will ban social media from offering services to under-16s, Prime Minister Keir Starmer announced on Monday. The ban could include platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X. “We’re going further than any country in the world by banning social media for under-16s and putting wider protections in place to give kids their childhood back,” said Starmer…