Tag Archives: CNBC

Tech stocks rebound, Google’s boomerang strategy, Xbox’s slump and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Uber, Lyft set to trial robotaxis in the UK in partnership with China’s Baidu

Chinese tech giant Baidu has announced plans to bring autonomous vehicles to London through its partnerships with Lyft and Uber, with testing to begin next year. 

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Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected

As power outages spread Saturday, videos shared on social media appeared to show multiple Waymo vehicles stalled in traffic in different parts of San Francisco.

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Xbox is losing the console race by miles. It’s part of Microsoft’s big gaming pivot

Sales of Microsoft’s Xbox Series S and Series X are even behind the original Nintendo Switch, which launched in 2017.

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Your CEO wants to be a social media influencer. Is it cool or cringy?

Executives and founders were sold on the idea that social media is good for business. But they’re learning the hard way that it’s not all it’s cracked up to be.

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AI was behind over 50,000 layoffs in 2025 — here are the top firms to cite it for job cuts

Some of the world’s biggest tech companies cited AI as part of their layoff and restructuring strategy in 2025.

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Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker

Roomba’s bankruptcy should serve as a warning sign to many small companies that big tech may not be able to come to the rescue, say M&A experts.

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Lucid’s big SUV arrives with high expectations, and big risks

Lucid Motors says its Gravity SUV will sell far better than its Air sedan. But Lucid is losing money, and the rollout has been challenging.

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Google was at risk of losing its dominance — until it promoted this AI executive

Josh Woodward, a 16-year Google veteran, is tasked with running the Gemini app and going head-to-head with OpenAI in the booming generative AI market.

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Former Trump advisor Dina Powell McCormick leaves Meta board after eight-month stint

Dina Powell McCormick, who was a member of President Donald Trump’s first administration, has resigned from Meta’s board of directors.

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