The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany’s headquarters. Sven Hoppe | Picture Alliance | Getty Images Amazon is following in the footsteps of fellow tech giant Microsoft, and not in a good way. Shares of the e-commerce and cloud giant plunged more than 11% in…
Southeastern Conference Commissioner Greg Sankey released an affidavit backing the NCAA in its eligibility case against Alabama’s Charles Bediako, who is playing in the SEC for the Crimson Tide over two years after signing an NBA two-way contract. “I respectfully ask the Court to uphold the NCAA eligibility rules challenged in this case, which are…
Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled…
Traders work at the Nasdaq on Feb. 4th, 2026. Adam Jeffery | CNBC Stock futures retreated Thursday night as Amazon shares tumbled following earnings and investors hedged bets following a broad market sell-off. Dow Jones Industrial Average futures lost 168 points, or 0.3%. S&P 500 futures lost 0.6%, while Nasdaq 100 futures sank 1.1%. Amazon…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Taco Bell’s parent company reported strong same-store sales growth for the chain yesterday, which makes me wonder how much my Crunchwrap Supreme orders contributed. Stock futures are falling this morning. The S&P 500 saw another losing session yesterday. Here are…
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Software, legal services and video games stocks have been selling off in recent weeks on fears that new AI features and tools could wipe them out. But how real is that threat? We decided to find out. CNBC’s Deidre Bosa and I used Anthropic’s AI coding tool “Claude Code” with the goal of creating a…
Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world. Gabby Jones | Bloomberg | Getty Images Asia-Pacific markets were set for another weak session as…
Senate Agriculture Committee Chairman John Boozman, R-Ark., said he feels “very strongly” about reaching Senate agreement — likely this year — on a cryptocurrency market structure bill, even after Democrats backed out of supporting the version his committee advanced last week. “Everybody is really working hard right now and I think getting it through a committee…
Sen. Elissa Slotkin, D-Mich., is seen in the U.S. Capitol on Wednesday, Feb. 4, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elissa Slotkin of Michigan said Thursday that she had refused to sit for a requested interview with the Department of Justice for its investigation over a video in which she…
