Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Microsoft threw its support behind Anthropic on Tuesday, saying a judge should issue a restraining order that would block the Pentagon’s designation of the artificial intelligence giant as a supply chain risk…
Oracle shares rose 8% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections and boosted its revenue guidance for fiscal 2027. Management pushed up its fiscal 2027 revenue forecast by $1 billion to $90 billion. Analysts polled by LSEG had anticipated $86.60 billion. Oracle sees $1.92 and…
The front page of the social media website Moltbook on a computer monitor in Washington, Feb. 2, 2026. Raphael Satter | Reuters Meta has acquired Moltbook, the viral social media platform for artificial intelligence agents, the company confirmed Tuesday. The deal brings Moltbook CEO Matt Schlicht and COO Ben Parr into Meta Superintelligence Labs, 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. Stocks rebounded from early declines and oil tumbled to the low $80s after the International Energy Agency said it met with G7 Energy Ministers in Paris to…
The Perplexity app in the Apple App Store on a smartphone arranged in Washington, June 1, 2025. Stefani Reynolds | Bloomberg | Getty Images A federal judge temporarily blocked startup Perplexity from accessing Amazon‘s site with its Comet artificial intelligence browser, according to court filings. Amazon sued Perplexity in November, alleging the startup took steps…
Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season. Existing home sales in February rose 1.7% from January to a seasonally adjusted, annualized rate of 4.09 million units, according to the National Association of Realtors. Sales were down 1.4% from February of…
Defense Secretary Pete Hegseth on Tuesday said, “Today will be, yet again, our most intense day of strikes inside Iran.” “Iran stands alone, and they are badly losing on Day 10 of Operation Epic Fury,” Hegseth said at a press conference at the Pentagon with Gen. Dan Caine, the chairman of the Joint Chiefs of…
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The problems in private credit are “multiplying by the quarter,” due in part to the…
The U.S. Department of Education headquarters is seen on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A federal appeals court has ordered the end of the Saving on a Valuable Education, or SAVE, plan, the Biden-administration-era repayment program that brought lower monthly bills to millions of student…
Four years ago Kevin Mandia agreed to sell his cybersecurity company Mandiant to Google for $5.4 billion. Now he’s back in the game, with Google’s help. On Tuesday, Mandia’s new startup, Armadin, said it raised nearly $190 million, in a funding round led by Accel. Google Ventures is participating, along with firms including Kleiner Perkins,…
