My top 10 things to watch Thursday, Feb. 19 1. Stock futures pointed to a lower open this morning on the heels of Walmart’s disappointing earnings outlook. Tensions between the U.S. and Iran are also in focus. Oil prices rose more than 1% to extend yesterday’s big gains, with Brent crude trading above $71 a…
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The Etsy company logo is seen at its headquarters in New York City on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed…
Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in extended trading after earnings fell short of Wall Street’s expectations on the top and bottom lines and the company issued disappointing profit guidance. In the…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. My spin class soundtrack of mainly Kesha’s music last night was more evidence that the 2016 aesthetic is back. Stock futures are lower this morning. The three major indexes are coming off a winning session. Here are five key things…
India’s Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images OpenAI’s Sam Altman and Anthropic’s Dario Amodei had an awkward…
The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC, pointing to “many fields” including AI. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. Chinese progress is…
Microsoft’s Majorana 1 quantum computing chip Microsoft After decades confined largely to research labs, Quantum computing may be closer to its breakout moment than many on Wall Street expect. The technology, which uses the principles of quantum mechanics to solve problems beyond the ability of the most powerful classical supercomputers, has long been described as futuristic. But rapid advancements have…
Meta Platforms ‘ pledge to spend billions of dollars on Nvidia chips is a much-needed shot in the arm for the AI semiconductor giant and its recently middling stock. Nvidia’s scorching multiyear rally had cooled off in recent months, as investor dollars moved into other buzzy corners of the chip market like memory and storage,…
Cadence Design Systems stock rose by more than 6% on Wednesday after the chip design software company reported earnings that beat analysts’ expectations. The San Jose-based company reported financials after the bell Tuesday, posting an adjusted earnings per share of $1.99 on revenue of $1.44 billion in the fourth-quarter of 2025, about 6% higher versus…
