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Arm Holdings shares soared 6% in after-hours trading Tuesday after Chief Executive Officer Rene Haas announced annual sales forecasts for 2031 that would be more than six times higher than 2025.Haas unveiled Arm’s first in-house chip at an event in San Francisco on Tuesday, with Meta being its first customer. CNBC visited Arm’s research lab in Austin, Texas, earlier this month to get an exclusive first look at the chip.Arm shares closed about 1.5% lower on Tuesday following the chip announcement.Haas said Arm expects the new chips to generate annual sales of about $15 billion by 2031, total annual sales…

Arsenal took control of their Women’s Champions League quarter-final against Chelsea with a 3-1 first-leg win at the Emirates.Current European title holders, the Gunners have had a near-perfect record in north London this season, losing just one of 21 games at the ground under manager Lennie Sleggers. They were in good shape heading into the match. The form was in their favor as they were unbeaten in seven games in all competitions and had maintained that form since January’s 2-0 win against Chelsea at Stamford Bridge. Chelsea dominated the first 15 minutes, with Alyssa Thompson and Lauren James hitting the…

Ida Huddleston and her family have owned farms in northern Kentucky for generations. And they turned down at least one multi-million dollar offer to save it. Last year, a “major artificial intelligence company” offered $26 million to sell part of the farm for a proposed data center, according to a recent report from WKRC. Huddleston and his family refused, saying they didn’t want a data center built near them or on 1,200 acres of farmland outside Maysville, Kentucky. “They call us stupid old farmers, but we’re not,” Huddleston, 82, told Local 12WKRC. “We always know we’re out of food, we’re…

Here are some stocks that are attracting attention in intraday trading. Circle — The stablecoin issuer’s stock plunged 20.1% after rival Tether announced it had hired an unnamed Big Four accounting firm to audit its USDT reserves. SAP — The software provider’s shares fell 4% after JPMorgan lowered its rating to neutral from overweight and lowered its price target from €260 (US$300.83) to €175 (US$202.48) per share. “SAP’s current cloud backlog is likely to slow further as the migration infrastructure matures, making reacceleration difficult to undertake,” said analyst Toby Ogg. Applied Optoelectronics — Shares of the optical components maker soared…

A Delta Air Lines Boeing 757-200 flies past the Capitol dome in Washington as it lands at Ronald Reagan Washington National Airport on November 9, 2025.Bill Clark | Cq-roll Call Inc. | Getty ImagesThere are no empty benefits!delta airlines The airline announced Tuesday that it has suspended airport escort and red coat services for members of Congress and staff as the Department of Homeland Security continues its partial shutdown.The move comes a week after Delta Air Lines CEO Ed Bastian, in an interview with CNBC’s “Squawk Box,” accused Congress of failing to approve salaries for Transportation Security Administration employees during…

Transportation Security Administration (TSA) employees, who are tasked with screening millions of people who pass through U.S. airports every day, have not been paid for more than a month.The results can be seen in videos circulating on social media showing hundreds of TSA employees quitting or refusing to come to work and disgruntled travelers waiting in long lines at some of the nation’s busiest airports.Recommended stories list of 3 itemsend of listHours of delays have wreaked havoc at airports, and the partial government shutdown that has affected the Department of Homeland Security (DHS), which oversees the TSA, has left agency…

CNBC’s Jim Cramer warns stock investors not to go against President Donald Trump’s Iran war message. Cramer said he felt “encouraged” by Monday’s stock market rally in response to President Trump’s comments about “productive dialogue” with Iran aimed at ending the war. In recent weeks, Wall Street has been weighed down by the escalating conflict in the Middle East. “If you’re a buyer, I’m confident that the president is on your side,” Cramer said Tuesday on “Squawk on the Street.” “I feel like there’s a ‘Trump put,’ so I want to go buy a little bit now.” A “Trump put”…

The logo of the artificial intelligence company xAI appears on the screen of a smartphone placed on a surface showing an abstract blue illustration. Samuel Boivin | Null Photo | Getty ImagesLawsuits against Elon Musk’s xAI are piling up, with Baltimore City becoming the first major US city to file suit against the company over issues with its Grok image generator. Baltimore Mayor Brandon Scott said in an emailed statement to CNBC that Grok’s deepfakes “have a traumatic and lifelong impact on victims.” “We are talking about technology companies that enable the sexual exploitation of children,” Scott wrote. “Our city…

JPMorgan Chase CEO Jamie Dimon departs from the Capitol in Washington on February 25, 2026.Graham Sloan | Bloomberg | Getty ImagesJP Morgan Chase Chief Executive Jamie Dimon warned on Tuesday that artificial intelligence could cost US jobs and suggested the government could create an incentive system for businesses to soften the blow.”If you suddenly have people unemployed, that’s a big problem for society,” Dimon said during a panel discussion with Palantir Secretary of Defense and former U.S. Rep. Mike Gallagher (R-Wis.) at the Hill and Valley Forum in Washington.”I don’t know the answer yet, but I would like to think…

A hurricane planning tool used by meteorologists and emergency managers to make critical decisions like evacuation orders is about to be inaccessible indefinitely due to the expiration of the federal contract governing it. The web-based tool, known as HURREVAC, is owned and paid for by FEMA but administered by the Army Corps. Hiring engineers through interministerial agreements. That contract was not renewed and the contract remains in place. Officials within FEMA, as well as outside meteorologists and the International Association of Emergency Managers, have warned that access to the database would almost certainly be cut off in this situation, and…