Tag Archives: CNBC

Wall Street cools on Oracle’s buildout plans as debt concerns mount: ‘AI sentiment is waning’

Oracle shares have been hammered in recent weeks and its credit default swaps have risen as investors question the company’s reliance on debt.

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Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

The Mini Apps Partner Program offers app developers the better fee in exchange for using some of Apple’s technology to build their apps.

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AI startup Cursor raises $2.3 billion funding round at $29.3 billion valuation

Cursor built a popular AI coding tool that helps software developers generate, edit and review code.

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Verizon chairman Mark Bertolini says the board ‘needed to act’ to revive company

Verizon chairman and Oscar Health CEO Mark Bertolini told CNBC’s “Squawk Box” that the telecom company’s board “needed to act” with its leadership transition.

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Musk’s xAI raises $15 billion in latest funding round

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Government shutdown ends, Disney earnings, Anthropic’s $50 billion AI investment and more in Morning Squawk

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

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Joby Aviation wraps up first military aircraft test flight with partner L3Harris

The hybrid aircraft, with piloted and autonomous capabilities, ties into a broader move by the Trump administration to advance U.S. military technology.

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Uber will start taking skiers to the slopes at over 40 resorts across U.S. and Europe

Uber announced new seasonal Uber Ski feature that allows skiers to book rides to and from 40 mountains in the U.S. and Europe.

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Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming.

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CNBC Daily Open: There’s the AI market, and then there’s ‘everything else’

What investors would really like is if fork in the markets merges into one. That tends to be the safer path to take.

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