View of the Golden Gate Bridge from Marin County Vicki Jauron, Babylon And Beyond Photography | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The ranks of…
Nvidia has become one of the world’s largest strategic tech backers as the value of its equity investments soared more than tenfold in the past year to $99 billion, with the chip giant increasingly looking to leverage its huge capital reserves to bolster the AI sector. The company has ramped up dealmaking for financing rounds…
Open AI CEO Sam Altman speaks during the G20 Innovation Ministerial in Chapel Hill, North Carolina, on September 2, 2026. Matt Ramey | Afp | Getty Images OpenAI on Thursday announced it will begin rolling out its latest artificial intelligence model, GPT-6 Astra, which the company said is the product of “years of research and…
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour in Sydney on April 23, 2026. George Chan | Getty Images News | Getty Images Microsoft will start disclosing quarterly revenue for its Azure cloud business for the first time, providing investors with a clearer picture of its business that competes with Amazon Web Services…
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway CEO Greg Abel discussed with CNBC’s Becky Quick on Wednesday the conglomerate’s massive investment in Google-parent Alphabet, calling the tech giant a “significant player” in artificial intelligence. Abel said that Berkshire…
Pennsylvania Gov. Josh Shapiro said Tuesday that “too many” data center developers don’t care about the communities where they are building those artificial intelligence-sector projects, which have met with growing opposition nationwide. Shapiro’s comments to CNBC’s “Squawk on the Street” came a day after President Donald Trump said the only reason American communities should not…
Waymo’s new autonomous vehicle, called the Ojai, drives in Venice Beach on Wednesday, May 27, 2026. Allen J. Schaben | Los Angeles Times | Getty Images Alphabet’s Waymo is expanding its commercial service, and Amazon’s Zoox said it plans to test in more U.S. cities, as the nascent robotaxi market gains momentum. Waymo, which has…
My top 10 things to watch Monday, Aug. 31 1. Oil is up nearly 4% and Chevron , my crude barometer, is trading above $200. U.S. and Iran exchanged attacks for the first time since July. President Donald Trump is threatening to blow up an Iranian oil hub, growing frustrated by a slower-moving sanctions approach….
LOS ANGELES, CALIFORNIA – MARCH 18: Attendees are seen sampling products at the VIP Preview of the medicube Glowland Pop Up on March 18, 2025 in Los Angeles, California. (Photo by Robin L Marshall/Getty Images) Robin L Marshall | Getty Images Entertainment | Getty Images Shares of South Korean beauty company APR have surged nearly…
This week’s impressive earnings results showed that the AI buildout is not a zero-sum game: both hardware and software stocks can win. The tech-heavy Nasdaq Composite and the S & P 500 gained 0.9% and 0.5%, respectively, while the blue-chip Dow Jones Industrial Average added 0.5%, marking its first winning week in three. Much of…
