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Amazon Web Services CEO Matt Garman suggested investors may be too worried about the risk that artificial intelligence models will slow the growth of big software companies.”Look, my own opinion is that a lot of the fear is overblown,” Garman told CNBC’s John Fort on Thursday.Technology stocks sold off this year following the release of software built on AI models from companies like Anthropic and OpenAI. of iShares Enhanced Technology Software Sector ETF Rising inflation and interest rates are prompting companies to rationalize post-pandemic technology spending, which is down 24% so far in 2026, on par with the worst year…
shares of Roku Shares soared 8% on Friday after the video streaming company reported fourth-quarter results that beat analysts’ expectations and provided strong guidance.Here’s how the company performed based on analyst forecasts compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion”The biggest driver for our subscription business is the long-term trend of more and more services moving toward premium subscription-like services rather than offering their own apps,” Roku CEO Anthony Wood told CNBC’s Julia Boorstin on Friday. “I think that’s really the core driving force.”Roku executives said in a letter to shareholders…
U.S. President Donald Trump speaks to the media while walking to board Marine One before departing from the South Lawn of the White House on February 13, 2026 in Washington, DC. Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump’s iron grip on the Republican Party may be starting to loosen just a little. A handful of Republicans who regularly oppose him, such as Kentucky Rep. Thomas Massie and North Carolina Sen. Thom Tillis, have become more vocal than ever. And in recent days, things have dawned between the president and a few powerful allies in Congress.As Mr. Trump, the…
Trump did not specify the dates of his visit, but he would be the first US president to visit the country since 1997.listen to this article | 4 minutesinformationDonald Trump has said he plans to become the first sitting US president to visit Venezuela in nearly 30 years.President Trump made the statement to reporters Friday as he departed the White House for Fort Bragg military base in North Carolina, where he met with soldiers involved in the U.S. abduction of Venezuelan President Nicolas Maduro on January 3.Recommended stories list of 3 itemsend of listPresident Trump said, “I’m going to visit…
Like a phoenix from the ashes, Manchester City will rise again. This is exactly the tete-a-tete Mikel Arteta and Arsenal wanted to avoid. We have been here twice now and Arteta has been disrespected twice. Man City’s consecutive wins have completely changed the atmosphere and momentum of the Premier League title race. As of Saturday evening, they had a provisional nine-point lead over Arsenal, but the gap suddenly narrowed to four. This week’s results feel like a turning point. The city is approaching. But beyond the obvious value of the winning streak, it was how those wins were earned. City,…
Axiom Space and KBR successfully completed the first unmanned thermal vacuum test of the Axiom External Mobility Unit (AxEMU). The unit is designed to support astronauts during the Artemis III mission, the first manned moon landing in more than 50 years.Powered by KBR and Axiom SpaceAxiom Space, which provides suits for NASA’s moon missions and is building a successor to the International Space Station, announced Thursday that it has raised $350 million.Qatar’s sovereign wealth fund and Type One Ventures led the round, with participation from Hungary-based IT firm 4iG and 1789 Capital, whose partners include Donald Trump Jr. CEO Jonathan…
Chris Liddell, then-White House deputy chief of staff for policy, during a meeting of the U.S. Workforce Policy Advisory Board in the East Room of the White House in Washington, June 26, 2020.Al Drago | Bloomberg | Getty ImagesAnthropic announced Friday that it has appointed longtime executive and political operative Chris Liddell to its board of directors. Mr. Liddell previously served as Chief Financial Officer. microsoftvice chairman of general motors He served as White House Deputy Chief of Staff during President Donald Trump’s first term. He has also been involved in three presidential transition cycles, according to his website. Anthropic’s…
A major U.S. research institute is set to lose a critical supercomputing facility, according to a letter released Thursday by the National Science Foundation. The move is part of the Trump administration’s efforts to dismantle the National Center for Atmospheric Research in Boulder, one of the world’s top weather and climate research centers, which administrators see as a source of concern about climate change. The computing center, which will be handed over to an unspecified third party, runs weather and climate research models and is used by about 1,500 researchers at more than 500 universities across the country. Research conducted…
Igor Tudor is tasked with keeping Tottenham in the Premier League, but this is his toughest firefighting mission yet.The 47-year-old former Hajduk Split, Juventus and Croatia centre-back has agreed to become Spurs’ interim head coach until the end of the season after manager Thomas Frank was sacked at the club, five points above the bottom three. Spurs are looking to appoint an experienced head coach with a proven track record and Tudor fits the bill perfectly. He has been appointed in March for the past two seasons at Juventus and Lazio, respectively, and has stabilized his results in a short…
Elon Musk is dealing with a wave of departures from xAI, including two more co-founders leaving the company this week, bringing the total to six out of the original 12. At Tuesday night’s all-hands meeting, Musk suggested the exit was about fit, not performance. “Now that we’ve reached a certain size, we’re going to organize the company more efficiently at this size,” he said, according to the New York Times. “And in fact, when something like this happens, you have people who are a good fit for the early stages of a company and a poor fit for the later…