IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images International Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously. IBM beat analyst first-quarter…
IBM CEO Arvind Krishna appears at a Diwali celebration in the Oval Office of the White House in Washington on Oct. 21, 2025. Allison Robbert | Bloomberg | Getty Images IBM shares sank 8% in extended trading on Wednesday after the hardware, software and consulting provider reported stronger-than-expected first-quarter results but maintained full-year guidance. Here’s…
Daniel Shapero, CEO of LinkedIn and Ryan Roslansky, EVP of LinkedIn and Microsoft Office. Courtesy: LinkedIn Microsoft has tapped Dan Shapero to be the new CEO of its LinkedIn division, succeeding Ryan Roslansky, who has run the subsidiary since 2020 and last year took on additional responsibility in Microsoft’s Office productivity group. The change is…
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, with Nvidia among those backing the AI company. Founded in 2016, Vast makes software infrastructure for managing large amounts of data, with a focus on AI applications. The company says it supports projects powering millions of GPUs. Customers include CoreWeave,…
Jonathan Raa | Nurphoto | Getty Images Palantir announced a $300 million deal with the U.S. Department of Agriculture, which will use the software company’s technology to manage farmland as geopolitical risks threaten global supply chains. The agreement builds on ongoing projects with the USDA and underscores Palantir’s growing role inside the U.S. government…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With all the volatility in the oil market, I found it helpful to look at this timeline for a reminder of all that’s happened over the last eight weeks. Stock futures are higher this morning. All three major indexes closed…
Samuel Boivin | Nurphoto | Getty Images Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced Wednesday. The Robinhood Ventures Fund I (RVI), which provides investors with exposure to several private tech companies, invested $75 million in the artificial intelligence giant. The fund went…
For DBS CEO Tan Su Shan, the biggest risk keeping her up at night is not just market volatility or geopolitical shocks, but cyberattacks. “Cyber security. I think the new war is cyber. So what keeps me awake at night is cyber. It’s who’s going to attack who, and how it’s going to happen, how…
Chairman Brett Guthrie, R-Ky., arrives for the House Energy and Commerce markup of the FY2025 budget resolution in Rayburn building on Tuesday, May 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Two data privacy bills set to be introduced Wednesday and shared first with CNBC would preempt nearly two dozen state laws…
CNBC’s Jim Cramer said stock sell-offs can be painful for investors, but they can also create opportunities for those willing to look past fear-driven narratives and focus on fundamentals. “Tailspins can be mighty nasty,” Cramer said Tuesday on “Mad Money.” “If you own a stock that’s caught in one, it’s very hard to hang on,…
