Nvidia wraps tough week as investors focus on competition over growth

Nvidia CEO Jensen Huang speaks during a dinner event with the company’s Taiwanese suppliers in Taipei, Taiwan, on Saturday, Jan. 31, 2026. Lam Yik Fei | Bloomberg | Getty Images Nvidia reported blowout earnings on Wednesday and issued a better-than-expected forecast showing accelerating growth. CEO Jensen Huang proclaimed that “compute demand is skyrocketing.” Investor concerns…

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Trump orders federal agencies to stop using Anthropic AI tech ‘immediately’

President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic. Trump’s abrupt and unexpected order came as the AI startup faces pressure by the Defense Department to comply with demands that it can use the company’s technology without restrictions sought by…

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CoreWeave CEO defends spending plans as stock plummets 22%

Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment”…

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