Movie posters for the documentary “Melania” featuring U.S. first lady Melania Trump are displayed in a New York City subway station, in New York, U.S., Jan. 14, 2026. Jeenah Moon | Reuters It was a turbulent week for Amazon. From a bungled email prematurely announcing another massive round of layoffs to scrutiny around the company’s…
If money were not a factor, a Google software engineer says custom chips, like those from Broadcom , would always be his default selection to build cutting-edge artificial intelligence models. “I am a hundred percent using a custom chip of some sort if resources are not a constraint and I need to move fast and…
Digital asset infrastructure company Fireblocks said it has disrupted a North Korea-linked job recruitment impersonation scam that was targeting digital assets. Fireblocks said hackers used fake job interviews to compromise developers and gain access to crypto infrastructure. According to the firm, the hackers were able to closely resemble a legitimate Fireblocks hiring process and impersonate…
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters A federal jury in San Francisco on Thursday convicted a former Google software engineer of stealing trade secrets related to the search company’s AI technology. The jury found 38 year-old Linwei Ding,…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. President Donald Trump has made his decision on who he’ll nominate to be the Federal Reserve’s next chair, and it turns out that it was one of the “Kevins” after all. Stock futures are lower this morning. The S&P 500…
Sandisk‘s stock popped 14% after the company crushed Wall Street’s fiscal second-quarter estimates, as the artificial intelligence boom sent demand for its chips skyrocketing. The flash storage memory company reported earnings of $6.20 per share, excluding items, blowing past the $3.62 per share expected by analysts surveyed by FactSet. Revenue totaled $3.03 billion, topping a…
Mesh Cube | Istock | Getty Images A new super PAC backed by AI companies raised $125 million in 2025 to further its goal of backing candidates who support national AI regulations rather than state-by-state rules. The group, Leading the Future, said it has $70 million on hand at the end of the year after…
Key Points Microsoft’s stock saw its biggest daily decline since 2020 on Thursday, falling 10%. The stock is up 0.5% premarket on Friday. The share slide wiped $357 billion off the software giant’s market cap. Analysts attributed the move to company’s cloud computing business growing slightly slower than expected. Microsoft’s stock isn’t recovering in Friday’s…
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet-owned Waymo has informed the National Highway Traffic Safety Administration that one of its driverless vehicles “struck a child near an elementary school” in Santa Monica, California The Jan. 23 incident is now being investigated by…
“Magnificent Seven” player Apple is slated to post its fiscal first-quarter results after the bell on Thursday. All eyes are on the iPhone maker’s artificial intelligence strategy and product cycle. Apple stock has long been sitting out of the AI-fueled bull market rally. Shares are down more than 5% this year after posting a lackluster…