Sarah Friar, CFO of OpenAI, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBC As OpenAI chases rival Anthropic in the enterprise and tries to sustain growth in the face of new competition from cheaper open-source alternatives, the artificial intelligence company is seeking…
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026. Nathan Howard | Reuters Meta shares dropped over 7% on Wednesday after the company reported second-quarter earnings that missed on earnings per share. Here’s how the…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Federal Reserve left interest rates unchanged on Wednesday afternoon after the conclusion of its July meeting . Unlike recent meetings when markets had a strong…
Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis Balibouse | Reuters Microsoft is set to report fiscal fourth-quarter results after Wednesday’s closing bell. Here’s what analysts are looking for, according to LSEG consensus: Earnings per share: $4.24 adjusted Revenue: $87.62 billion At that…
Andy Jassy, President and CEO of Amazon, Mark Zuckerberg, CEO of Meta and Satya Nadella, CEO of Microsoft. Noah Berger | Manuel Orbegozo | Reuters | Peerapon Boonyakiat | SOPA Images | Lightrocket | Getty Images Alphabet had long been Wall Street’s favorite hyperscaler due to its expertise in converting high capital expenditures into revenue….
OpenAI CEO Sam Altman walks through the Hart Senate Office Building following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is in discussions with Nvidia about a backstop of up to $250 billion that would help fund its ambitious plans to lease a massive new artificial intelligence data center,…
CNBC’s Jim Cramer on Monday said the latest chapter of the artificial intelligence boom is reviving memories of the excesses that fueled the dot-com bubble. “I lived through 2000,” the “Mad Money” host said. “I don’t want the sequel.” On Sunday, the Wall Street Journal reported that Nvidia was discussing a $250 billion backstop for…
My top 10 things to watch Monday, July 27 1. Futures are surging this morning , and oil prices are tumbling after the U.S. and Iran paused fighting over the weekend. Nasdaq is leading the way, up about 1.4%. WTI crude is down about 7% to under $84 a barrel, on pace for its biggest…
It’s not the spend, it’s the return. That’s what Friday’s technology stock plunge said. I think it just might be the most significant tech selloff in more than a year. We need to know — potentially — what we are facing. We need to know if the trillion-dollar spigot is drying up — or it…
Amazon , Meta Platforms , Microsoft and Apple headline the busiest week of this summer earnings season. Plus, the Federal Reserve holds its July policy meeting, which adds intrigue following rekindled Middle East tensions. 1. Earnings: We’ve got 10 Club names reporting this week, including the other three hyperscalers on the heels of Alphabet earnings…
