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Sam Altman tells OpenAI staff there’s no plan for him to receive a ‘giant equity stake’ in company

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a "giant equity stake" in the...

Microsoft to cut 650 jobs at its Xbox gaming unit — read the full memo from top exec Phil Spencer

Phil Spencer, executive vice president at Microsoft, speaks at the company's Xbox One X reveal event ahead of the E3 Electronic Entertainment Expo in...

Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersFor Nvidia investors,...

Is Nvidia’s earnings report really make or break? Here’s why we don’t think so

Nvidia is set to report earnings next week, and investors are understandably on edge given the swings in shares of the artificial intelligence chipmaker...

CNBC Daily Open: Wall Street soars; Starbucks ousts CEO

Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty ImagesThis...

Amazon’s $4 billion investment in AI firm Anthropic faces UK merger investigation

Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic.Chesnot | Getty ImagesLONDON — E-commerce giant Amazon's multibillion-dollar investment in the U.S. artificial intelligence firm...

Could Antitrust Ruling Against Google Bring Breakup of the Company?

Alphabet Inc.’s Google lost the biggest antitrust challenge it has faced when a US judge found Aug. 5 that it illegally monopolized the search...

CNBC Daily Open: Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange.NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC...

Japan stocks rebound over 10% after historic losses; other Asia markets were also up

Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024.Bloomberg |...

$1 trillion wipeout: Market rout punishes megacap tech

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024.Michael M. Santiago | Getty ImagesAs U.S....

Stocks making the biggest moves premarket: Nvidia, Apple, Kellanova and more

Check out the companies making headlines before the bell: Chip stocks — Nvidia shares fell roughly 12.5% in premarket trading as the artificial intelligence...

Amazon misses on revenue and issues disappointing guidance for third quarter

Amazon CEO, Andy Jassy speaking with CNBC's Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023.CNBCAmazon missed on revenue in its second-quarter...

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