Reid Hoffman gives millions to Dems in late spending spree as Epstein fight spills into election
Reid Hoffman has given $8 million to Wisconsin Democrats backing David Crowley as Tom Tiffany attacks Hoffman's past ties to Jeffrey Epstein.
CNBC Technology
Musk and Zuckerberg echo Trump's push to rebrand AI as 'super intelligence' on earnings calls. Others do not
Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls.
The big questions remaining after Anthropic’s blockbuster IPO prospectus
Uncertainties remain ahead of one of the most hotly anticipated IPOs in history.
Tech giants need legacy businesses to keep growing as they pour trillions into the AI buildout
Hyperscalers continue spending big on artificial intelligence, putting pressure on their legacy businesses and impacting their free cash flow.
Tech scare trade hits Nasdaq futures while crypto reels from its biggest-ever hack
Amazon and Intel worsen the sell-off with disappointing earnings releases
Foxconn hopes to own 50% of the global AI server market within a couple years
Foxconn's chairman told CNBC that AI demand remains strong as the company eyes U.S. expansion and a larger share of the global AI server market.
Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance
Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.
Microsoft plans to raise $25 billion in debt as it pursues AI buildout
Microsoft boasts a strong credit rating and has managed to maintain positive free cash flow, unlike Meta, Alphabet and Amazon.
Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks
Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks
Jim Cramer says Wall Street is punishing the wrong tech stocks
Disappointing results from one company don't necessarily signal trouble for an entire industry.
Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged
Amazon's negative free cash flow ballooned during the third quarter, while its earnings and revenue fell short of Wall Street's expectations.
Amazon AWS posts 39% revenue growth as cloud rivals also accelerate
Amazon's cloud signed deals with Meta and OpenAI during the quarter, helping revenue to exceed consensus.
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.
Alphabet tanks nearly 13% for worst day ever, losing $500 billion in value
Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.
ServiceNow shares plunge 27% to worst day ever after earnings revive AI disruption fears
ServiceNow's stock recorded its worst day ever on underwhelming third-quarter results.
Nvidia responds to report Jensen Huang was target of Chinese asset, says diversion allegations were 'investigated and debunked'
Nvidia disputed a New York Times report that U.S. intelligence agencies surveilled a person close to CEO Jensen Huang over concerns she could be a Chinese spy.
AI buildout hits snag as Google and Microsoft put off raising capex forecasts
Microsoft and Alphabet both reported capital expenditures that fell short of estimates, adding to concern over the cost of the AI buildout.
Cramer sees opportunity amid tech turmoil and predicts a holiday win for FedEx
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss
Concerns rise that the Google-parent is taking a hit from AI competition
U.S. worker job engagement hits lowest level since 2011, new Gallup poll finds
Gallup finds U.S. worker engagement on the job sinking to a level not seen since 2011, with remote and hybrid employees and AI primary factors.
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