Three years ago, Sam Altman lit the fuse for what’s become the most explosive bull run in the history of tech startups with the launch of ChatGPT. Along with OpenAI’s rapid rise to a $500 billion valuation, other prominent names like SpaceX, Anthropic and Anduril have seen astronomical markups of late. In total, a basket…
A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft said on Friday that it will increase the recommended retail price of several Xbox consoles in the U.S. starting in October because of “changes in the macroeconomic environment.” The company said it would…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks were mixed Friday, a day after the S & P 500 and Nasdaq hit fresh all-time highs yet again. Sitting out the strong week for Wall Street is…
CNBC’s Jim Cramer on Thursday explained why he thinks certain Big Tech names wield unique power in the market. “If you want to make money in the market, you have to recognize the megacap stocks are their own animals and don’t have to be linked to the federal funds rate,” he said. He pointed in…
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, on Thursday ran through all 31 portfolio holdings during the September Monthly Meeting. The two went over the best ways to play the stock market in the last months of 2025 while considering factors like the Federal Reserve’s monetary policy decisions, President Trump’s tariff…
Jaque Silva | Nurphoto | Getty Images Google is adding more artificial intelligence into its Chrome browser as the search giant tries to fend off burgeoning competition from AI startups OpenAI and Perplexity. In a blog post Thursday, Google said it’s rolling out Gemini in Chrome to users of Mac and Windows computers in the…
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show in Paris on June 11, 2025. Chesnot | Getty Images Entertainment | Getty Images Nvidia has just shelled out over $900 million to hire Enfabrica CEO Rochan Sankar and other employees at the artificial intelligence hardware…
Microsoft’s first data center in Mount Pleasant, Wisconsin. Microsoft RACINE, Wis. — Microsoft said Thursday that it will spend $4 billion to build a second data center in Wisconsin. The first one will come online in early 2026, with the software company spending $3.3 billion on it. The first Wisconsin data center will house hundreds…
Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling…
Rafael Henrique | Lightrocket | Getty Images Britain’s GSK on Wednesday became the latest pharmaceutical firm to commit bumper investment into the U.S., as President Donald Trump is in the U.K. for a three-day state visit. The drug maker committed to investing at least $30 billion in U.S. research and developing (R&D) and manufacturing over…
