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CNBC Daily Open: U.S. stocks retreat from highs as Broadcom leads tech sell-off
In the near term, investors may still be flighty, unless something concretely reassuring, such as Oracle achieving positive cash flow, takes place.
Oracle says there have been 'no delays' in OpenAI arrangement after stock slide
Oracle pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027.
Trump’s AI order may be ‘illegal,’ Democrats and consumer advocacy groups claim
President Donald Trump executive order on a national artificial intelligence framework threatens funding for states that pursue AI laws deemed "onerous."
CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech
Even though the AI theme seems to be under scrutiny, other sectors are performing well on the back of a resilient U.S. economy and buoyed by interest-rate cut.
Trump 'sells out' U.S. national security with Nvidia chip sales to China, Sen. Warren says
Nvidia CEO Jensen Huang "understands that ... being able to cozy up to Donald Trump might be the most important corporate CEO skill of all," Sen. Warren said.
CNBC Daily Open: Much to like in Fed's meeting amid warnings of restraint
It ended up being a "hawkish cut" by the U.S. Federal Reserve, as expected. Still, investors managed to find a few gifts tucked between the lumps of coal.
CNBC Daily Open: A Fed rate cut might not be festive enough
The "dot plot," Chair Jerome Powell's press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.
Trump's blessing of Nvidia AI chip sales to China gets a chilly reception from GOP
Trump said Chinese President Xi Jinping "responded positively" to the proposal to let Nvidia sell H200 AI chips on condition that the U.S. gets 25% of revenue.
OpenAI hires Slack CEO Denise Dresser to lead global revenue strategy
Dresser was named Slack's chief executive in 2023 after spending more than a decade at Salesforce.
Instacart's AI pricing tools drive up the cost of some groceries, study finds
Federal regulators and politicians have scrutinized companies' use of AI tools to set the cost of products or services, often called "surveillance pricing."
CNBC Daily Open: The Warner Bros. Discovery deal — a cliffhanger in the making?
Even as Paramount and Warner Bros saw shares soar, the broader market declined as investors awaited the Fed's rate-setting meeting on Wednesday.
CNBC Daily Open: Playing now: Netflix-Warner Bros deal with a Trump twist
Despite an initial show of resistance to the Netflix-Warner Bros. Discovery deal, stranger things have happened in the Trump administration.
Elon Musk calls for aboliton of European Union after X fined $140 million
Musk's comments come as U.S. government officials step up criticism of the European Union
AI wearable company Limitless says it has been acquired by Meta
Meta has acquired the startup Limitless, which makes a which makes a small, artificial intelligence-powered pendant.
Amazon announces new AI chips, closer Nvidia ties — but it's cloud capacity that matters most
Amazon Web Services' two-track approach to artificial intelligence came into better focus Tuesday.
SoftBank’s Son ‘was crying’ about the firm's need to sell its Nvidia stake
SoftBank Group founder Masayoshi Son has downplayed his firm's decision to dump its Nvidia position, saying he "was crying" to sell the shares.
Apple names former Microsoft, Google exec to succeed retiring AI chief
Apple is naming a former Microsoft and Google DeepMind executive to head its AI efforts after the company's Apple Intelligence suite has struggled to
Broadcom gets more Street approval, but Cramer says it's not in a race with Nvidia
Broadcom's custom chips are no threat to Nvidia, according to the latter's CEO.
Intel stock holds 10% rise after analyst predicts major Apple deal
Intel's share price was down slightly premarket after a 10% spike on Friday after analyst Ming-Chi Kuo said the chip giant was nearing a deal to supply Apple.
CME disruption, Black Friday, the K-beauty boom and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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