CNBC’s Jim Cramer on Thursday marveled at the divergent fates of technology stocks — the hardware winners and software losers — and suggested it may remain this way for a while longer. This divide had been one of the market’s dominant themes in 2026 before the Iran war broke out Feb. 28. And now, even…
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence disruption is far from over. “I unfortunately think it’s very early,” Sambur, who is co-head of private equity, told CNBC’s “Money Movers.” Some Wall Street analysts have been comforted by the recent rebound in the…
Microsoft AI CEO Mustafa Suleyman speaks during an event highlighting Microsoft Copilot, the company’s AI tool, on April 4, 2025 in Redmond, Washington. The company also celebrated its 50th anniversary. Stephen Brashear | Getty Images News | Getty Images Microsoft said Tuesday that it’s bringing together the engineering groups for its commercial and consumer Copilot…
Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,”…
U.S. Treasury yields fell Friday as investors reacted to a stronger-than-expected January wholesale inflation report, and a tumbling stock market amid rising fears of artificial intelligence hurting the economy. The benchmark 10-year Treasury yield fell more than 5 basis points to 3.962%, while the 30-year Treasury bond yield dropped more than 3 basis points to 4.631%. The 2-year Treasury note yield…
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 12% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider…
Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 12% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide…
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks CEO Nikesh Arora addressed the recent downdraft in software stocks, telling analysts in…
Arthur Mensch, founder of Mistral AI, during the ‘Nvidia GTC’ meeting at the 2025 VivaTech conference in Paris, France, on Wednesday, June 11, 2025. Nathan Laine | Bloomberg | Getty Images NEW DELHI — More than 50% of enterprises’ current software could be replaced by AI, the CEO of Mistral AI told CNBC on Wednesday,…
Figma Inc. signage during the company’s initial public offering at the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma is partnering with Anthropic and launching a feature called “Code to Canvas” that converts code generated in artificial intelligence tools like Claude Code into fully editable designs inside…
