Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capabilities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that…
Mike Cannon-Brookes, co-founder of Atlassian Corp., in Sydney, Australia, on Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian said on Wednesday that it’s eliminating 10% of its workforce, or about 1,600 jobs, as the company restructures following a plunge in its stock price driven by developments in artificial intelligence. “We are…
The logos of World Economic Forum (WEF) and Amazon are displayed during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, Jan. 20, 2026. Romina Amato | Reuters Amazon convened an internal meeting on Tuesday to address a string of recent outages, including one tied to AI-assisted coding errors, CNBC has confirmed. Dave…
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…
A mobile billboard with an image of Jeff Bezos calls for higher taxes on the ultrawealthy, in Washington, May 17, 2021. Drew Angerer | Getty Images In 2026, earnings up to $184,500 are subject to Social Security payroll taxes. As of Monday, individuals with $1 million in annual wage and salary earnings have stopped paying…
President Donald Trump on Monday said that the war against Iran will end “very soon,” and also said that oil prices will drop. Trump’s prediction came at a press conference at his golf club near Miami. “We’re achieving major strides toward completing our military objective,” Trump told reporters. “And some people could say they’re pretty…
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. This story has been updated since it was first published before 3 p.m. ET following what President Donald Trump told CBS News about the Iran war….
