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…
Roblox Corp. headquarters in San Mateo, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Roblox shares surged as much as 20% in extended trading Thursday after the company reported results for the fourth fiscal quarter that beat consensus estimates. Here’s how the gaming company did, compared with estimates from analysts polled…
Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit…
Nikola Stojadinovic | E+ | Getty Images Some Americans ages 50 and over are exiting retirement and returning to work, according to a new AARP survey. Most surveyed individuals who are “unretiring” say they’re motivated to make money amid today’s high living costs, the nonprofit organization, which represents people ages 50 and older, found. In…
The year is off to a rocky start for stocks, but small caps have managed to outperform their larger counterparts – and a few of those names also happen to offer dividends. A sharp sell-off in software stocks has driven the S & P 500 into the red in 2026, with the broad market index…
U.S. President Donald Trump makes an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday is slated to announce the launch of TrumpRx – a direct-to-consumer website that is key to his administration’s efforts to lower prescription drug costs…
Credit card debt is often the most costly type of debt Americans can take on, largely due to the incredibly high interest rates many cards carry. On top of credit card debt being at a record high, the Federal Reserve’s January G.19 report found the average rate for credit cards that assessed interest was 22.30%…
Don’t sweat the decline in Nvidia stock, CNBC’s Jim Cramer said Thursday. Calling Nvidia the GOAT — the greatest of all time — Cramer likened the AI chip king’s industry prowess and resiliency to that of boxing champ Muhammad Ali. “I recognize that you’ve been taking a beating in Nvidia,” Cramer said during “Squawk on…
CEO Bill Barton of Bob’s Discount Furniture rings the Opening Bell at the New York Stock Exchange on Feb. 5, 2026. NYSE Shares of Bob’s Discount Furniture opened flat on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected…
Wall Street’s main preoccupation this week could be summed up like this: Is the software sell-off overdone or does it signify the start of an unraveling AI bubble? Software stocks continued their rout on Thursday, with the iShares Expanded Tech-Software Sector ETF (IGV) down more than 9% week to date. Anthropic’s latest updates to Claude…
