Meta said Tuesday that it hired former Microsoft legal executive Curtis Joseph Mahoney to become its chief legal officer. Mahoney will replace Meta’s previous head lawyer, Jennifer Newstead, who announced in December that she would be leaving Meta to become Apple’s general counsel in March. He joins Meta at a time when the company is…
CNBC’s Jim Cramer said Monday that investors chasing the market’s reaction to Venezuela’s political upheaval are making a familiar mistake: confusing short-term trading opportunities with long-term investing. Cramer urged investors to focus on owning high-quality stocks and sticking with them, rather than jumping into trades where valuations could swing on every passing headline. “Along with…
Amazon Ireland corporate offices in Dublin, as Amazon.com, Inc., said on Tuesday it plans to cut its global corporate workforce by as many as 14,000 roles and seize the opportunity provided by artificial intelligence (AI), in Dublin, Ireland, Oct. 28, 2025. Damien Eagers | Reuters Valuations of several technology and artificial intelligence stocks are expected…
I am tired of the lies, exaggerations, and dispersions that are constantly told in the assault on the stocks of companies tied to generative artificial intelligence and accelerated computing: They will dominate in 2026, just as they have since ChatGPT came on the scene four years ago. I want to straighten out some of these…
The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every…
Better things are ahead for Club name Eaton after its lackluster 2025 performance. Shares are on track for a modest decline this year, dramatically trailing the S & P 500’s industrials sector , which has advanced more than 19%. The electrical equipment supplier has failed to impress Wall Street’s lofty expectations. President Donald Trump’s tariffs…
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the…
Wall Street analysts see more room to run for four Club stocks that shattered records in 2025. Fresh commentary from a Rosenblatt Securities analyst shows how a new deal from Meta Platforms could be a financial windfall. Meanwhile, Wedbush details exactly why CrowdStrike , Apple , and Microsoft are winners from the artificial intelligence build-out…
SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion last week, according to the sources familiar with the matter. SoftBank had previously syndicated $10 billion and invested $8 billion in the ChatGPT maker. The investment takes…
The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its…
