Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Intel was on track for a ninth-straight day of gains on Monday, up about 56% over that stretch and on track for its best run over that many days…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Turns out one of the biggest winners at last month’s Academy Awards might have been Kodak, whose film was used to shoot “One Battle After Another” and “Sinners.” Here’s how a self-proclaimed “turnaround specialist” rebuilt the company — and took…
OpenAI’s newly appointed revenue chief, Denise Dresser, sent a memo to staffers on Sunday, touting the company’s alliance with Amazon as a key growth driver for its enterprise business, while noting the constraints of its longstanding tie-up with Microsoft. Dresser’s memo lands less than two months after Amazon announced plans to invest up to $50…
OpenAI has announced it’s opening its first permanent London office with a capacity of over 500 team members, after the company halted a major AI infrastructure project in the U.K. The U.S.-based AI firm said it had signed the lease for an 88,500 square foot space on Monday. In February OpenAI announced it would make…
Samuel Boivin | Nurphoto | Getty Images If one thing became clear at the HumanX conference in San Francisco this week, where 6,500 executives, founders and investors gathered to talk about artificial intelligence, it’s that OpenAI no longer dominates the conversation in their industry. For now, at least, that distinction belongs to Anthropic. Anthropic’s viral…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI, now owned by SpaceX, is facing a new legal challenge from environmental groups in Mississippi, where the company plans to build a massive, methane gas-burning power plant in the town of Southaven. Nonprofits including the NAACP, Young, Gifted &…
Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial intelligence models and how to respond to cyber attacks before Anthropic released its new Mythos model, CNBC has learned. The meeting occurred over the phone, according to two people familiar with the matter who asked…
A screen displays OpenAI CEO Sam Altman speaking during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, March 11, 2026. Kylie Cooper | Reuters A man was arrested for allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman’s home and then threatening to burn down the artificial intelligence…
Apple is casting a new line to reel more users into its prized ecosystem, a money-printing machine with fresh hardware as the lure and services as the hook. The tech giant announced its most affordable laptop in history last month with the rollout of the MacBook Neo. With a starting price of $599, the Neo…