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The Dow's win streak, Macy's earnings, Trump signs AI order and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla's China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country's competitive market.
Alphabet's $80 billion stock sale leaves Wall Street in 'unprecedented territory,' says Goldman's Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet's underwritten offerings.
Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the "most taken value per watt per user" will be the AI winners in the future.
Big Tech's AI ambitions pose a major power test for Europe
Japan's SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.
Investors bet humanoid robots will transform industry and homes over the next decade
“Be ready for it,” said one fund manager who sees enormous opportunities in the space.
Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.
Microsoft unveils new AI models to lessen reliance on OpenAI and lower costs for developers
At its Build developer conference, Microsoft announced a series of generative AI models to try and crack a market controlled by OpenAI, Anthropic and Google.
Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad
It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.
HPE surges 19% after Monday's blowout earnings, closing its best day ever
CEO Antonio Neri told CNBC that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
Bitcoin drops back under $70,000, Strategy extends its slide
Bitcoin on Tuesday fell below $70,000 for the first time since April amid deteriorating market sentiment.
Goldman Sachs CEO David Solomon says markets are in 'greed' mode as AI companies seek billions
Goldman Sachs CEO David Solomon's comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.
Trump signs AI executive order asking companies to give government early access to models
AI developers, on a voluntary basis, are asked to collaborate with the government and provide early access to frontier models.
Greg Abel channels Buffett's deal-making style in nearly $17 billion spree, expanding into tech
The back-to-back deals offer one of the clearest signals yet that Abel is prepared to put Berkshire's enormous balance sheet to work.
Commodities regulator alleges Winklevosses' Gemini crypto exchange was politically targeted
CFTC chair Michael Selig said the agency's enforcement action against Gemini was part of a broader campaign against the crypto industry under President Biden.
Anthropic expands Mythos to 150 additional organizations in more than 15 countries
Anthropic initially released Project Glasswing to about 50 partners in April to test the model for cybersecurity flaws.
Cramer says Marvell's surge on Jensen Huang's $1 trillion prediction is concerning. Here's why
CNBC's Jim Cramer said Marvell's 26% rally after Nvidia CEO Jensen Huang called it the "next trillion-dollar company" is concerning.
Like Dell, now HPE surges on a massive guidance hike. Yes, business is that good
Betting against this trade, at least for now, may well be your ticket to the graveyard.
Alphabet's stock sale, Iran negotiations, Anthropic's IPO plans and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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