AI chip bubble rivals French stocks in 1700s, surpasses Nasdaq during dot-com frenzy by one measure
The artificial intelligence rally has already reached historic proportions and is now passing some famous — or rather, infamous —...
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Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.CNBCBerkshire Hathaway...
These three artworks could sell for $100 million each next week as May auctions begin
A large-scale Jackson Pollock drip painting titled, "Number 7A, 1948."Crystal Lau | CNBCA version of this article first appeared in...
Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the...
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
An Allegiant Air plane lands at Harry Reid International Airport on July 26, 2022, in Las Vegas.Chase Stevens | Las...
Laid-off GM employees tell of ominous email, severance and role of AI
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an...
The summer box office is off to a hot start as weekend ticket sales top $160 million
The summer box office is off to a sizzling start — and it's only getting started.Over the weekend, domestic ticket...
Here's the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13,...
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing...
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Microsoft CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon...
At TV upfronts, AI is in and corporate shuffles are reshaping the lineup
Advertisers will be hearing about the slate of live events in the coming year — and how AI is being...
Target is trying to win back busy families from Walmart, starting with the baby aisle
CLIFTON, New Jersey — Along with aisles of diapers and colorful onesies, Target shoppers in some of the retailer's big-box...
Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year
Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in...
Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking
Apple and Intel are reportedly closing in on a deal that would see Intel make some of the chips for...
Amazon Prime Day 2026 is in June. Get a $150 Amazon gift card and extra rewards with the right credit card
For the first time in five years, Amazon's Prime Day sale will take place in June. The company evaluates Prime...
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
Global banks, tech giants and governments were sent scrambling last month to contain the risks posed by Mythos, the Anthropic...
Asia-Pacific markets fall as renewed U.S.-Iran clashes keep investors on edge
Offshore vessel 'Zakher Duty' at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the...
CNBC Sport: Media's TV upfront presentations have become an NFL showcase
Key PointsNFL Commissioner Roger Goodell plans to attend the Disney upfront in New York next week, sources told CNBC.YouTube and...
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday,...
Andy Jassy says Amazon investors will be rewarded by all its AI spending
Andy Jassy said Amazon's massive spending on artificial intelligence isn't something investors should fear — it's exactly why they'll be...
