A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to…
US Senators Richard Blumenthal (L) and Elizabeth Warren. Nurphoto | Getty Images Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., initiated an investigation into the National Labor Relations Board on Wednesday concerning the agency’s decision to drop charges against Elon Musk’s SpaceX over retaliatory firings, according to correspondence first obtained by CNBC. SpaceX is reportedly…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend in California and at the Coachella Valley Music & Arts Festival, where I saw music tourism play out first-hand. Stock futures are slightly higher this morning. The three major indexes are coming off a…
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results…
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech’s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…
Stock Chart IconStock chart icon Gilead Sciences’ year-to-date stock performance. Gilead Sciences: “I like what Daniel O’Day is doing…I think he’s a smart guy, and the company’s good. I’d hold on to it. They’ve got some good franchises.” Stock Chart IconStock chart icon AST SpaceMobile’s year-to-date stock performance. AST Space Mobile: “I like it very…
CNBC’s Jim Cramer said Wednesday that investors are witnessing a sharp and disorienting market rotation, with yesterday’s winners suddenly falling out of favor while long-beaten-down stocks spring back to life. The S&P 500 closed all-time high on Wednesday, underscoring the market’s strength on the surface. But beneath that headline move, some of Wall Street’s most…
Wenjin Chen | Digitalvision Vectors | Getty Images The widespread fear among workers of being replaced by AI now or in the future has been well documented. Recent headlines about Block and Oracle and layoffs only amp up the worry among workers being asked to learn this new technology. And while some of the concerns…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 on Wednesday made a new intraday high for the year, as the rebound from the Iran war sell-off continued. At one…
An automated barcode reader scans packages prepared for shipping at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, Dec. 1, 2025. Michael Nagle | Bloomberg | Getty Images For Amazon sellers that account for over 60% of goods sold on the e-retailer’s sprawling marketplace, times would be tough no matter what right…
