Quantum stocks surge on Nvidia AI model announcement

A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to…

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Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings

US Senators Richard Blumenthal (L) and Elizabeth Warren. Nurphoto | Getty Images Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., initiated an investigation into the National Labor Relations Board on Wednesday concerning the agency’s decision to drop charges against Elon Musk’s SpaceX over retaliatory firings, according to correspondence first obtained by CNBC. SpaceX is reportedly…

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5 things to know before the market opens Thursday

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend in California and at the Coachella Valley Music & Arts Festival, where I saw music tourism play out first-hand. Stock futures are slightly higher this morning. The three major indexes are coming off a…

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TSMC posts record profits on continued AI demand

Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results…

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