CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia reported results that beat expectations, but it also expects revenue to grow another 70% in fiscal 2028.
Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world’s third largest energy market.
Hundreds missing after flood hits Nepal-Tibet border, 157 bodies recovered
A glacier-rock collapse triggered catastrophic Nepal–Tibet border floods, killing at least 157 people and leaving hundreds of tourists missing.
S&P 500, Nasdaq Composite close higher Thursday as Nvidia rallies on revenue guidance: Live updates
Global investors are reacting to the earnings report from Nvidia, which surpassed analyst forecasts.
The toy industry’s latest craze is cheap, colorful and very squishy
Squishy toys are booming, with social media and low prices helping fuel the craze.
U.S. still watching allies for alignment of interests even amid defense pullback, analyst says
The U.S. may be asking allies to step up their own defense, but it still wants them to align on geopolitical interests.
Nvidia’s 70% sales growth projection for 2028 wows analysts on earnings call
The growth forecast is likely to reinvigorate narratives around the so-called AI supercycle.
CrowdStrike jumps 11% on record second quarter as ‘Mythos moment’ drives AI cyber wave
CrowdStrike shares have surged 61% this year to new highs as the threat from frontier AI has fueled demand for advanced security tools.
OpenAI releases sweeping report on Hugging Face AI agent hack
The 37-page report walks through the actions that OpenAI’s models took during a series of evaluations prior to and during the Hugging Face breach.
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period
