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CNBC Daily Open: A murky past and uncertain future trouble traders
Not having concrete information means it's hard to make decisions. That's a difficulty both the Fed and investors face now.
‘Vibe revenue’: AI companies admit they’re worried about a bubble
The CEOs of DeepL and Picsart told CNBC they were concerned about AI valuations but touted the longer term potential of the technology.
CEO of Southeast Asia's largest bank says AI adoption already paying off: ‘It’s not hope, it’s now’
DBS CEO Tan Su Shan says AI adoption efforts are already paying off, despite broader concerns about weak returns on investment from AI initiatives.
MLS games head to Apple TV in 2026 as Season Pass subscription ends
Major League Soccer games will be added to the standard Apple TV streaming service, leaving behind the add on subscription package known as Season Pass.
StubHub stock tanks 20% as CEO says it is not giving guidance for current quarter
StubHub beat Wall Street's expectations for second-quarter revenue in its first earnings report as a public company.
AI startup Cursor raises $2.3 billion funding round at $29.3 billion valuation
Cursor built a popular AI coding tool that helps software developers generate, edit and review code.
Google says group behind E-ZPass, USPS text scam has been 'shut down' after suit
Google said it has successfully disrupted the foreign cybercriminal group behind a text scam operation within 24 hours of filing its lawsuit.
Musk's xAI is raising $15 billion in latest funding round
The funding round adds $5 billion to the $10 billion funding round reported in September, which valued the startup at $200 billion.
Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
Elon Musk's autos and energy business said it will replace all affected units for Powerwall 2 customers in the U.S.
Wall Street cools on Oracle's buildout plans as debt concerns mount: 'AI sentiment is waning'
Oracle shares have been hammered in recent weeks and its credit default swaps have risen as investors question the company's reliance on debt.
Apple cuts App Store fee in half for 'mini apps' that integrate more of its software
The Mini Apps Partner Program offers app developers the better fee in exchange for using some of Apple's technology to build their apps.
Verizon chairman Mark Bertolini says the board 'needed to act' to revive company
Verizon chairman and Oscar Health CEO Mark Bertolini told CNBC's "Squawk Box" that the telecom company's board "needed to act" with its leadership transition.
Chinese tech giant Tencent's quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant's performance in advertising targeting and gaming.
CNBC Daily Open: There's the AI market, and then there's 'everything else'
What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.
We're increasing our Cisco Systems price target after an AI-fueled beat and raise
Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout.
CNBC Daily Open: An AI and 'everything else' market in play in the U.S.
What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.
Cisco's stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders
Cisco has returned to growth this year after revenue dropped in 2024, but Wall Street is waiting to see if the company can be a major player in AI.
Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Firefly Aerospace, which went public in August on the Nasdaq, issued better-than-expected third-quarter results and lifted its guidance.
Defense startup Govini founder Eric Gillespie charged in child sex sting
Govini has a $900-million U.S. government contract and multiple deals with the Pentagon.
AMD stock soars 9% on strong growth projections as CEO Su calls AI spending ‘the right gamble’
Many of AMD's hyperscaler customers have beefed up spending as AI reaches an "inflection point" and companies can see the return on that spending, Su added.
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