A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX said it’s struck a deal with artificial intelligence startup Cursor, obtaining the right to acquire the company for $60 billion later this year, or to…
Apple CEO Tim Cook laughs with President Donald Trump during a meeting in the White House, Washington, March 6, 2019. Leah Millis | Reuters President Donald Trump praised Tim Cook in a lengthy Truth Social post on Tuesday, calling the outgoing Apple CEO an “incredible guy” and boasting about how Cook appealed to him when…
Tim Cook’s act is a tough one to follow. It doesn’t mean Apple ‘s future is any less bright. The company said late Monday that John Ternus, Apple’s senior vice president of hardware engineering, will take over for longtime chief executive officer Cook, who will become executive chairman. It’s “very sad” news, Jim Cramer said…
A Microsoft Xbox sign appears at the Gamescom conference in Cologne, Germany, on Aug. 21, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Tuesday that it will lower the cost of subscriptions that include access to hundreds of video games, after the company’s new gaming leader promised to “recommit to our core Xbox…
Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He…
Steve Jobs (R), Apple Inc. CEO, and Tim Cook, Apple Inc. Coo, speak at a press conference at Apple headquarters in Cupertino, California. Kimberly White | Corbis Historical | Getty Images In his time running Apple, Tim Cook has been more like the “president of a country, not a company,” according to Deepwater Asset Management’s…
Swedish EV trucking company Einride is deploying 75 manually operated electric heavy-duty trucks in Amazon‘s Relay freight network, an expansion of the freight EV startup’s push into the U.S. ahead of a planned public offering, and Amazon’s push to expand no-emissions electrification technology across its logistics network and beyond last-mile delivery. The Einride trucks will…
President Donald Trump on Tuesday told CNBC that “it’s possible” there will be a deal allowing Anthropic’s artificial intelligence models to be used within the Department of Defense. “They came to the White House a few days ago, and we had some very good talks with them, and I think they’re shaping up,” Trump said…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. President Donald Trump will join CNBC’s “Squawk Box” for a live interview at 8:30 a.m. ET this morning. Watch live on CNBC or CNBC+. Stock futures are rising after a down day on Wall Street. Here are five key things…
John Ternus, senior vice president of hardware engineering at Apple Inc., during an Apple event in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Apple has maintained its dominance in consumer devices and built up a $4 trillion market cap despite largely sitting on the sidelines of the…