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Trump calls for Congress to pass Clarity Act crypto bill to honor Graham
U.S. Senator Lindsey Graham (R-SC) gestures, while standing next to former U.S. President Donald Trump, during Donald Trump’s campaign stop to unveil his leadership team, at the South Carolina State House in Columbia, South Carolina, U.S., January 28, 2023. Shannon Stapleton | Reuters President Donald Trump on Monday said he’s calling on the Senate to…
SpaceX stock sinks for a second-straight day, nearing $135 IPO price
Samuel Boivin | Nurphoto | Getty Images Shares of SpaceX slipped for a second trading day on Monday, bringing Elon Musk‘s company closer to its $135 initial public offering price just days after making its entrance into the Nasdaq-100. The move into the widely-tracked benchmark index saw a fresh wave of passive investors buy into…
Two companies that could benefit from chip designer shortage
A shortage in labor supply for designers of electronic demand automation (EDA) chips presents an opportunity for two stocks in particular, according to Goldman Sachs research. Cadence Design Systems and Synopsys are two of the largest manufacturers of chip design software, which helps to map billions of microscopic transistors onto a surface area of just…
5 things to know before the stock market opens Monday
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I spent the weekend on an overnight trail race in Vermont. Even if you stayed home, you likely still felt inflation’s pinch. Stock futures are lower this morning. The S&P 500 is coming off a winning week. Here are five…
AI is changing older workers’ careers, research finds
Franckreporter | E+ | Getty Images Artificial intelligence has prompted concerns that workers — particularly young professionals — could be replaced by advancing technology. Yet signs are emerging that older workers are also affected, according to a new paper from the Center for Retirement Research at Boston College. Workers aged 55-plus in AI-exposed industries are…
Meta Louisiana data center investment reaches $50 billion amid AI push
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta’s massive Hyperion data center project in rural Louisiana is getting much bigger and costlier, with a big assist from the state’s government. The company said in a blog post on Monday that the site in Richland Parish,…
Defense startup Helsing raises $1.8 billion at $18 billion valuation
A model of the CA-1 Europa drone, manufactured by the defense contractor Helsing, is on display in front of the company’s booth at the International Aerospace Exhibition (ILA) at the Berlin ExpoCenter Airport. Sebastian Christoph Gollnow | Picture Alliance | Getty Images European defense startup Helsing said Monday it has raised $1.8 billion in a…
TSMC, the world’s largest contract chipmaker, reports 68% surge in June revenue
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this…
Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit
Elon Musk and Sam Altman criticized each other in new posts on X, highlighting the billionaires’ long-standing tussle over OpenAI’s evolution. Musk and Altman helped to start OpenAI in 2015 as a nonprofit artificial intelligence research lab alongside a band of engineers and scientists. In 2018, Musk left OpenAI’s board after donating tens of millions…