When incoming Apple CEO John Ternus spoke to CNBC in late 2023, he was all about the technology. Custom chips, device battery life and memory architecture were among his primary interests. “If we build the right products with the right components within them, right silicon and other technologies, people love them,” Ternus, who took over…
CNBC’s Jim Cramer said Monday that August was a comeback month for stocks that had been battered by some of Wall Street’s most powerful bearish narratives. His comments came on the final trading day of August. Several of the S&P 500‘s biggest winners in August spent months under pressure from concerns ranging from artificial intelligence…
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Longtime partners OpenAI and Microsoft both indicated they were suffering from outages for key products on Monday, though there were no reports that the outages…
US President Donald Trump speaks before signing an executive order in the Oval Office of the White House in Washington, DC, on Aug. 10, 2026. Jim Watson | Afp | Getty Images President Donald Trump on Monday blasted communities that oppose new data centers as Republicans confront voter backlash over the projects ahead of November’s…
OpenAI CEO Sam Altman arrives for a meeting at the White House in Washington, D.C., U.S., July 30, 2026. Nathan Howard | Reuters OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate, a milestone that the company is touting as proof of its “diversified business model.” The…
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images Shares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its…
Mike Moore Attorney General from Jackson Mississippi gives his opening remarks during the tobacco hearings, seated next to him is D. Scott Wise, partner, Davis, Polk and Wardwell in New York. Douglas Graham | Cq-roll Call, Inc. | Getty Images As a central figure who helped negotiate the blockbuster $246 billion tobacco master settlement in…
Putilich | Istock | Getty Images Analysts and pundits in finance have an endless supply of clever, simplistic explanations for complex market movements. Over the years, culprits have ranged from El Niño and climate change to the World Trade Organization, rock ‘n’ roll music and the fluoridation of water. Many of these explanations proved wrong, yet commentators…
Yosemite National Park, California, on April 27, 2023. Mario Tama | Getty Images News | Getty Images The Trump administration is considering a land swap that could exchange a small piece of Yosemite National Park, or an interest in it, to a private developer seeking a new access road, the Interior Department and the company’s…
A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk’s lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S. Manuel Orbegozo | Reuters OpenAI announced late Friday that it is ending developers’ access to…
