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CNBC Daily Open: AI is carrying the weight of the U.S. market
Even as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based index ended the day lower.
HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, 'irrational exuberance'
Alphabet, Meta, Microsoft, and Amazon collectively expect $380 billion in capex this year, while OpenAI has announced $1 trillion in infrastructure deals.
AI is not in a bubble, says VC founder. Why he says it's different to the dotcom boom
The speed at which both businesses and consumers are adopting AI sets this boom apart from other bubbles, Antler founder Marcus Grimeland told CNBC.
Fentanyl, ICE and popcorn: Palantir CEO Alex Karp's earnings call commentary
Palantir CEO Alex Karp took on the critics during the company's third-quarter earnings call after the bell on Monday.
Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.
Amazon closes at record after $38 billion OpenAI deal with AWS
OpenAI will immediately begin tapping Nvidia's AI processors using infrastructure from Amazon Web Services.
Why Jim Cramer wants to load up on more shares of this DuPont spinoff
Qnity Electronics moved higher in its public debut on the New York Stock Exchange on Monday.
Ether falls 7% following a multimillion dollar hack of a decentralized finance protocol
The Ethereum-linked token briefly fell below its critical $3,600 level as investors wrung their hands over several bearish events.
Nvidia adds nearly $100B in market cap in a matter of days. Here is what's going right
Nvidia is once again on the move.
Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.
Tesla faces widening federal probe into door handle safety issues
Elon Musk's automaker faces a widening probe concerning alleged safety defects with the company's flush-mounted, electronic door handles.
Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days
"Amazon just completely refuted" concerns about slowing growth in its cloud unit, Jim Cramer says.
Nvidia shares up 2% in premarket as U.S. approves sales of its chips to the UAE
Microsoft's licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.
November trading, Berkshire's cash hoard, Big Tech's ad revenue and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Standard Chartered CEO expects blockchain to ‘eventually’ power nearly all global transactions
Standard Chartered CEO Bill Winters foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger.
CNBC Daily Open: U.S. stocks' gains in October owe much to AI
The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a sustained energy boost.
China's Baidu says weekly robotaxi rides hit 250,000 — same as Alphabet's Waymo this spring
In the race to prove to regulators and investors that robotaxis have a viable track record, Baidu's Apollo Go is claiming orders on par with Waymo.
Why the 'Mag 7 is too much of the market, get out' is money-losing, false narrative
Investing is not just a game of giant Jenga.
Microsoft AI chief says only biological beings can be conscious
Mustafa Suleyman has become one of the most influential voices in tech to come out against building seemingly conscious AI.
Microsoft plans to hire more but with 'a lot more leverage' thanks to AI, CEO Satya Nadella says
The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence tools, CEO Satya Nadella said.
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