Apple is adding a new CEO to its ranks and continuing a long-running tradition of internal promotion. The iPhone maker on Monday announced that CEO Tim Cook will step down as chief executive in September and named senior vice president of hardware engineering John Ternus as his successor. Cook will serve as executive chairman. He…
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. CNBC Amazon has agreed to invest up to $25 billion in Anthropic, on top of the $8 billion that it has poured into the artificial intelligence startup in recent years, as part of an expanded agreement…
Cybersecurity and enterprise software stocks have been market dogs since the start of 2026, with fears that AI will wipe out a wide range of companies in the enterprise space dominating the narrative. But they snapped a brutal losing streak this past week, joining in the broader market rally that saw all losses from the…
CNBC’s Jim Cramer on Friday laid out his game plan for the week ahead after what he called one of the most “remarkable” rallies he’s ever seen. “If you didn’t believe we could have still one more week where we’d rally 3%, you’d be right,” Cramer said. “We actually rallied 4% thanks to today’s gigantic…
Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April. Source link
CNBC’s Jim Cramer said investors who fled the market during recent volatility may be grappling with a familiar realization that the worst-case scenarios driving their decisions never materialized. “What we have is a rally that appears to be based on nothing,” said the “Mad Money” host on Tuesday. “But in reality, it’s based on the…
CNBC’s Jim Cramer said Monday that Wall Street’s resilience in the face of escalating geopolitical tensions shows investors are focusing less on the Iran war itself and more on a key driver of stock valuations: interest rates. “I think I’ve been negligent in bringing up the power of low rates, because it’s the reason the…
Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
Samuel Boivin | Nurphoto | Getty Images If one thing became clear at the HumanX conference in San Francisco this week, where 6,500 executives, founders and investors gathered to talk about artificial intelligence, it’s that OpenAI no longer dominates the conversation in their industry. For now, at least, that distinction belongs to Anthropic. Anthropic’s viral…
A screen displays OpenAI CEO Sam Altman speaking during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, March 11, 2026. Kylie Cooper | Reuters A man was arrested for allegedly throwing a Molotov cocktail at OpenAI CEO Sam Altman’s home and then threatening to burn down the artificial intelligence…
