Tech industry group expresses ‘concern’ to Pete Hegseth over Anthropic supply chain risk label
The Information Technology Industry Council’s letter doesn’t name Anthropic, but lands days after the AI company was designated a supply chain risk.
South Korea stocks crashed 18% in two days. Could it happen here?
Wall Street doesn’t see the quick slump in Korean stocks as a harbinger for anything to come in the U.S.
Nvidia CEO Huang says $30 billion OpenAI investment ‘might be the last’
Huang also mentioned that Nvidia’s $10 billion investment in OpenAI rival Anthropic would likely be its last.
Broadcom earnings are out after market close. What top analysts are expecting
Analysts from firms including Morgan Stanley, UBS and JPMorgan are notably bullish on Broadcom’s TPU business.
Investors say ‘safest’ software play Microsoft looks cheap at current prices
Two investors told CNBC’s “Halftime Report” on Wednesday that they recently added to their positions in Microsoft.
Broadcom beats on earnings and guidance as AI revenue doubles
Broadcom’s AI revenue jumped 106% as the company continues to be a big beneficiary of the boom in infrastructure spending.
Iran war and your portfolio: The historical stock market patterns investors should know
The stock market had a wild ride on Tuesday, but history suggests that’s par for the course and may not be an indication of worse to come.
Apple announces MacBook Neo, its most affordable laptop ever
Apple’s new MacBook Neo gives the company its cheapest laptop ever, creating a budget entry into the Mac lineup.
Trump sides with crypto firms in trillion-dollar battle with banks over stablecoin yield
The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.
U.S. crude oil surge eases after Bessent pledges support for tankers during Iran war
The oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.
