Author: Editor-In-Chief
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. The proxy war that has now been settled does not seem to have been resolved. lululemon’s The only problem. The company’s stock price fell 10% before the bell after it lowered its full-year outlook due to lackluster product launches and negative media attention.S&P 500 futures fell this morning following mixed trading on Wall Street.Here are five important things investors need to know to start their trading day.1. Increase firepowerKendia Barrett (right) speaks with Broward Health recruiter Nelia Zh at the Mega Job News USA…
ST. PETERSBURG, Russia (AP) — Russian President Vladimir Putin Developing countries are playing an increasingly important role in the global economy, he said on Friday, while Western countries’ share of production is shrinking.At the annual lecture St. Petersburg International Economic Forum, President Putin accused Western countries of weakening the global economy and finances with unilateral sanctions.He said that by freezing Russian assets abroad, Western countries had undermined confidence in their currency.”Sanctions and the blockade of Russia’s sovereign reserves have had an irreversible impact on the status of international currencies, the dollar and the euro,” he said. “Like Russia, any other…
Blackstone-backed data center operator AirTrunk said Thursday it will invest $30 billion in India by 2030, adding to commitments from technology and infrastructure groups looking to expand the country’s computing capacity. The Australian company announced it will develop 5 gigawatts of new data center capacity in India. This is one of the South Asian country’s largest initiatives in the digital infrastructure sector. AirTrunk entered India through the acquisition of Lumina CloudInfra earlier this year. AirTrunk’s efforts highlight India’s growing attractiveness as an AI infrastructure destination as technology companies and investors seek new geographies to expand their computing capacity. According to…
Stock chart iconStock chart iconPhotronics stock price performance year-to-date. phototronics: “They really missed that quarter by a lot. So what you do when something like that happens is you put it in the penalty box until you see the next quarter, because I can’t believe it was only one quarter. It was so disappointing.”Stock chart iconStock chart iconWoodward’s year-to-date stock price performance. woodward: “I happen to think this company is a very, very good company. You’re not going to get this company for less than 30 times, you’re going to get 40 times earnings. That’s the reality, but to develop…
On February 3, 2025, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attended an event to promote AI for business. Kim Kyung Hoon | ReutersOpenAI’s next model is being designed by another model as a sign that AI will reach “superintelligence.” Softbank CEO Masayoshi Son told CNBC.The billionaire’s comments came amid Anthropic’s warning that it may need to slow down its AI development to deal with the impact of the rapid pace of improvement. Son runs SoftBank, one of the world’s largest technology investors and one of OpenAI’s largest shareholders. In an interview with CNBC on Monday, Son said…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers had their eye on and what they’re looking for in the upcoming session. May Employment Report The numbers will be announced live on “Squawk Box” at 8:30 a.m. ET with Becky Quick, Andrew Ross Sorkin and Joe Kernen. A survey of economists conducted by Dow Jones said they would focus on an 80,000-job increase.In terms of numbers, 10-year Treasury yield is…
london — Andrew Mountbatten-Windsor made money by subletting three cottages on his Windsor estate, an independent report into the royal family’s property arrangements revealed on Friday. Mountbatten-Windsor, known as Prince Andrew until he was stripped of his royal title by his brother Charles III over his relationship with convicted sex offender Jeffrey Epstein, lived at Royal Lodge in Windsor for more than 20 years. A report compiled by public spending watchdog the National Audit Office (NAO) failed to establish how much income Mountbatten Windsor received from subletting the cottages. He himself only paid £1 million ($1.3 million) upfront for a…
A pedestrian passes by an electronic quote board displaying the Nikkei Stock Average at the Tokyo Stock Exchange on March 23, 2026 in Tokyo. Kazuhiro Nogi | AFP | Getty ImagesSouth Korean stocks tumbled on Friday, leading losses in the region, as weakness in Wall Street’s tech stocks spread to Asia overnight, dragging down declines in benchmark indexes.The Kospi closed Friday’s trading 5.54% lower at 8,160.59. Leading companies in the index, Samsung Electronics and SK Hynix, fell 6.40% and 9.92%, respectively. The small-cap Kosdaq index fell 4.50%. In a move that could put further pressure on South Korea’s technology sector,…
This report is from this week’s The Tech Download newsletter. Is it what you see? You can subscribe here.This week was dominated by hype surrounding SpaceX, Anthropic, and OpenAI’s highly anticipated IPOs. When Elon Musk’s SpaceX priced its IPO at $135 a share, valuing the company at a record $1.77 trillion, investors were left with one overriding question. The question is, “Was it justified?”The same question now hangs over Anthropic and OpenAI. Anthropic co-founder and CEO Dario Amodei speaks at the Inbound 2025 Powered by HubSpot artificial intelligence panel at Moscone Center in San Francisco on September 4, 2025.Chance Ye…
Traders work on the American Stock Exchange (AMEX) floor of the New York Stock Exchange (NYSE) on Monday, February 9, 2026 in New York, USA. Michael Nagle | Bloomberg | Getty ImagesHello, my name is Anique Bao from Singapore. Welcome to another edition of CNBC’s Daily Open.Wall Street saw solid trading throughout the night, with a close eye on the Nasdaq. The Dow hit an all-time high and oil cooled on optimism that the Iran war was nearing an end. However, chip stocks slumped. Bitcoin is at its lowest price since the war began, and private confidence is reignited. Then…