Several AI applications can be seen on a smartphone screen, including ChatGPT, Claude, Gemini, Perplexity, Microsoft Copilot, Meta AI, Grok and DeepSeek. Philip Dulian | Picture Alliance | Getty Images Money keeps flowing into artificial intelligence companies but out of AI stocks. In what looks like — once again — a scenario of the left…
Global stocks are embroiled in a downturn as concerns over an AI bubble continue to mount — and for the first time in two decades, fund managers are flagging concerns about companies “overinvesting.” That’s according to the latest iteration of Bank of America ‘s Global Fund Managers Survey. The poll of 172 fund managers, who…
The Anthropic website on Friday, Aug. 22, 2025. Gabby Jones | Bloomberg | Getty Images Money keeps flowing into artificial intelligence companies but out of AI stocks. In what looks like — once again — a scenario of the left hand scratching the right, Microsoft and Nvidia will be investing a combined $15 billion into…
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Zoox on Tuesday began allowing select San Francisco users to hail its driverless vehicles, pitting the Amazon-owned robotaxi service against Alphabet’s Waymo in the same market for the first time. Riders can sign…
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo on Tuesday said it will bring its robotaxi service to new cities in Texas and Florida in 2026. The Alphabet-owned company said it plans to start operating its vehicles with no…
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. Markets: Stocks continued their recent declines Tuesday as megacap tech lagged on worries about valuations within the artificial intelligence trade. The S & P 500 was…
Michael Nagle | Bloomberg | Getty Images Tax software provider Intuit has agreed to pay OpenAI more than $100 million in a multiyear deal to use the artificial intelligence startup’s large language models to bolster its financial products. Intuit shares climbed 3% on Tuesday. By using OpenAI’s technology inside GenOS, its internal AI system, Intuit…
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta won its high-profile antitrust case against the Federal Trade Commission, which had accused the company of holding a monopoly in social networking. In a memorandum opinion released Tuesday,…
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 Tuesday’s key moments. 1. The S & P 500 is on pace for its fourth straight losing session as AI-related stock valuations continue to concern investors. It would mark the broad-based index’s worst…
Samuel Boivin | Nurphoto | Getty Images Google is debuting its latest artificial intelligence model, Gemini 3, as the search giant races to keep pace with ChatGPT creator OpenAI. The new AI model will allow users to get better answers to more complex questions, “so you get what you need with less prompting,” Alphabet CEO…
