Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025. Angela Weiss | AFP | Getty Images Apple has acquired Israeli artificial intelligence startup Q.ai, a company representative confirmed on Thursday. No purchase price…
U.S. Senator John Boozman (R-AR) speaks on the day Brian Quintenz, U.S. President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC) testifies before a Senate Agriculture, Nutrition and Forestry Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Annabelle Gordon | Reuters The U.S. Senate Agriculture Committee voted…
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the US President on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. Fabrice Coffrini | Afp | Getty Images Apple is set to report fiscal first-quarter earnings on Thursday after the bell. Here’s…
A.I. companies are buying up memory chips, causing the prices of those components — which are also used in laptops and smartphones — to soar. Source link
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg…
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It seemed like Federal Reserve Chair Jerome Powell’s go-to answer yesterday was “I have nothing for you on that,” which he told reporters at least five times during his press conference. Stock futures are little changed this morning. The three…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Tesla said on Wednesday that it’s agreed to invest about $2 billion into Elon Musk’s xAI, which he launched almost three years ago as a prospective competitor to OpenAI. The share purchase was related to xAI’s $20 billion financing round announced earlier…
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported better-than-expected fourth-quarter results on Wednesday and issued a forecast that slightly topped estimates. Here how the company did compared to LSEG consensus estimates: Earnings per share: $4.52…
A view of Oslo seen from the roof of the Oslo Opera House in Oslo, Norway, on Thursday, Oct. 21, 2021. Bloomberg | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund posted a record $1.4 billion return in 2025, its management team said Thursday, thanks to rallying tech, financial and mining stocks. By…