Tag Archives: CNBC

Elon Musk wants to be a trillionaire — here’s how SpaceX may get him there

Elon Musk’s net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.

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Jim Cramer: Amazon spending looks painful but it’s not a reason to sell the stock

Amazon shares fell 7% on Friday after management issued a 2026 capital expenditures guide of $200 billion.

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Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags

Tech’s megacaps announced major increases in capex spend for 2026, and now investors are preparing for cash to dwindle.

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OpenAI executives were on a tear this week trying to quell critics

CEO Sam Altman and several OpenAI executives stepped into a “food fight” over Anthropic’s Super Bowl ad and threw jabs at Elon Musk.

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Nvidia rises 7% as Jensen Huang says $660 billion capex buildout is sustainable

Huang’s comments come after key Nvidia customers Meta, Amazon, Google and Microsoft reported their latest earnings over the past two weeks.

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We’re upgrading shares of a big beneficiary of AI spending going through the roof

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Uber held liable, ordered to pay $8.5 million in driver rape suit

The case lays the groundwork for about 3,000 other sexual misconduct cases the ridesharing platform is facing nationwide.

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How America’s EV retreat is increasing China’s control of global markets

U.S. automakers are pivoting away from EVs to refocus on gas-guzzling trucks and SUVs while Chinese manufacturers are expected to keep growing electric exports.

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Bitcoin’s rough week, Amazon’s plunge, Super Bowl ads and more in Morning Squawk

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

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Voyager Technologies CEO says space data center cooling problem still needs to be solved

Voyager CEO Dylan Taylor said a two-year timeframe for data centers in space would be “aggressive.”

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