The logo of Australian data centre operator NextDC is seen on its Artarmon facility in Sydney on September 15, 2026. (Photo by Saeed KHAN / AFP via Getty Images) Saeed Khan | Afp | Getty Images Shares of Australia’s NextDC plunged 39.5% on Wednesday after the data center operator slashed its annual earnings forecast, citing…
CHENGDU, CHINA – AUGUST 21: Visitors try out a new sedan during the 29th Chengdu International Automobile Exhibition at China Western International Expo City on August 21, 2026 in Chengdu, Sichuan Province of China. The exhibition features nearly 120 mainstream domestic and international automobile brands showcasing approximately 1,600 vehicles under the theme “Leading the Trend,…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Hello, this is Leonie Kidd, with today’s edition of Morning Squawk. Wall Street’s AI relief rally hit a wall in Asia and Europe, turning the neoclouds dark on the horizon. It puts more emphasis on earnings today, with Netflix and SpaceX in…
Only a couple of months ago, Amazon’s comeback rally looked unstoppable — until it was. With a huge post-earnings boost, Amazon shares closed at a record high of $284 each on Aug. 3 — an increase of nearly 45% from its 52-week low back in February. It looked like $300 and beyond was just a…
Sheldon Cooper | Lightrocket | Getty Images Shares of Salesforce slipped roughly 1% on Tuesday morning, after the company announced an agreement to buy customer engagement platform Braze for about $5.66 billion. Under the deal, holders of Braze Class A common stock will get $47.50 in cash per share. The transaction is expected to close in…
Anthropic is in talks with U.K. neocloud Nscale for a second multibillion-dollar deal to lease computing capacity at a site in the U.S., a person familiar with the matter told CNBC. The agreement would cover a second 460-megawatt data center at the same West Virginia site as the first deal, the person said. The person…
Musk says he’s giving stock to U.S. kids Musk said Monday that he’ll give every child in the U.S. one of his SpaceX shares next year. With 72 million children under 18 in the U.S. as of July 1, 2025, according to official census data, that would amount a giveaway of about $10.5 billion worth…
OpenAI’s former research chief has been quietly building a startup that aims to bring manufacturing back to the U.S. using AI. Bob McGrew’s newest company, Arda, has raised $230 million at a $1.5 billion valuation, the company told CNBC in an exclusive interview Tuesday. The round was led by Altimeter Capital, Accel and Khosla Ventures….
The new foldable iPhone Duo is displayed during an Apple event at the Steve Jobs Theater in Apple Park in Cupertino, California, on September 9, 2026. Apple unveiled its long-awaited first foldable smartphone, the iPhone Duo, on Wednesday, at the company’s first launch event since CEO John Ternus took the reins on September 1. Apple’s…
AI is a transformational technology worth investing in — but investors must be selective when investing in data centers, according to the head of one of the world’s biggest banks. Speaking to CNBC’s Dan Murphy on Tuesday, HSBC CEO Georges Elhedery called artificial intelligence “a major enabler to re-engineer and reimagine all our businesses, all…