Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran…
Axiom Space and KBR successfully completed the first uncrewed thermal vacuum test of the Axiom Extravehicular Mobility Unit (AxEMU), which is designed to support astronauts during the Artemis III mission – the first crewed lunar landing in more than 50 years. Courtesy of KBR and Axiom Space Axiom Space, which provides suits for NASA’s moon…
Apple just wrapped up its worst day on the stock market since April after reports surfaced about delays with Siri and as the company’s news app faced regulatory scrutiny. The stock dropped 5% on Thursday, wiping out its gain for the year and leaving it down almost 4% in 2026. The long-awaited artificial intelligence update…
Pinterest shares plunged as much as 20% in after-hours on Thursday after the social media company reported a fourth-quarter earnings miss and issued weak guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 67 cents adjusted vs. 69 cents expected Revenue: $1.32 billion vs. $1.33 billion expected Pinterest…
OpenAI has the largest private tech fundraising round on record. Rival Anthropic now has the second. Anthropic announced on Thursday the close of a $30 billion funding round at a $380 billion post-money valuation, more than double what the artificial intelligence company was worth in September, when it last raised money. The company behind Claude…
A logo sits illuminated outside the Cisco booth at ISE 2024 on January 30, 2024 in Barcelona, Spain. Cesc Maymo | Getty Images Cisco Systems shares plunged as much as 12% Thursday as rising memory prices put pressure on the networking company’s margins. It’s the stock’s worst day since 2022. Strong demand for artificial intelligence…
Tractor trailers sit parked at a J.B. Hunt Transport Services Inc. facility in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images Shares of several trucking and logistics companies declined Thursday on fears that new artificial intelligence tools could slash major freight inefficiencies, leading to less demand for the industry’s services. A new tool from…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street is lower Thursday, with declines picking up steam after the conclusion of the Morning Meeting. The market rotation into cyclicals from technology stocks, especially software, continues to…
US businessman Tim Cook looks on during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Ludovic Marin | AFP | Getty Images FTC Chair Andrew Ferguson has called on Tim Cook to review possible political bias in Apple News’ practices after allegations that the platform is censoring conservative news outlets….
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. For nearly a week last year, McDonald’s was the number-one global seller of one thing, and it wasn’t edible. The fast-food chain in December became the world’s top sock — yes, sock — seller thanks to its Grinch Meal. Stock…
