Palo Alto Networks on Tuesday evening delivered a strong quarter. But in a market with no room for error, the cybersecurity giant stumbled on guidance, and the stock sank. Revenue for the company’s fiscal 2026 second quarter ended Jan. 31 increased 15% to $2.59 billion, outpacing the $2.58 billion consensus estimate compiled by data provider…
Tesla Europe announced plans to add xAI’s Grok, an AI chatbot, to its vehicle infotainment systems in the U.K. and eight other markets across Europe. It remains to be seen if the addition of this technology will revitalize Europeans’ interest in buying Teslas. Elon Musk’s automaker saw electric vehicle sales in Europe decline by 27%,…
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta will use millions of Nvidia chips in its artificial intelligence data centers, including Nvidia’s new standalone CPUs and next-generation Vera Rubin systems, in a sweeping new deal announced Tuesday. Meta CEO Mark Zuckerberg said in a statement…
Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Anthropic on Tuesday rolled out Claude Sonnet 4.6, its second major artificial intelligence model launch in less than…
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir is relocating its headquarters to Miami from Denver, the company announced Tuesday in a post to social media platform X. The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform…
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026. CNBC Amazon shares whipsawed on Tuesday, as the stock attempted to make a comeback from a historic slide. Should the stock close in the red, it would mark a tenth-straight negative session, tying the company’s…
Render employees, including CEO Anurag Goel, center, gather at the startup’s headquarters in San Francisco on Feb. 11, 2026. Render Venture capitalists are doubling down on Render, a startup offering easy-to-use cloud infrastructure. On Tuesday it said it has raised $100 million in funding at a $1.5 billion valuation. The lucrative cloud computing world, dominated…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday, and happy Year of the Horse! I’m back after a week in Costa Rica, where I sampled coffee, memorized the USD-colón conversion rate and wished my Spanish was better. S&P 500 futures are lower this morning. The stock market is…
The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. Amit Dave | Reuters India’s Adani on Tuesday announced plans to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, seeking to establish the world’s largest integrated data…
Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The…