Author: Editor-In-Chief
These days, every company seems to be obsessed with artificial intelligence, from how the technology will transform industries to how it will impact employees and customers. But the extent to which companies leverage AI tools internally and adapt to rapidly changing realities varies widely. A new study by the AI-Driven Enterprise Institute (AIDE) analyzes just how good AI is. S&P500 Companies and their leaders are adopting AI more than their peers. Not surprisingly, the top performers are concentrated in the tech industry, according to data shared with CNBC. When considering four areas: Literacy, Advocacy, Orientation, and Implementation, AIDE gave each…
Matthias Bork | Picture Alliance | Getty ImagesFive years ago, venture capitalists were pouring money into American startups selling everything from lingerie subscriptions to scheduling software, pouring billion-dollar valuations before most of the companies had turned a profit.It was a buoyant time for startups, supported by a combination of cheap money and pandemic-boosted demand. But even after the Federal Reserve eased some of the turmoil by starting to raise interest rates in 2022, many founders believed they could grow to inflated valuations, investors told CNBC.Then an app called ChatGPT appeared.”The ChatGPT moment was when people said, ‘Hey, next generation of…
Check out the companies making the biggest pre-market moves: Nvidia, Microsoft — Hyperscalers rose after Nvidia teamed up with Microsoft to announce new processors for personal computers. Nvidia rose 2% and Microsoft rose nearly 4% in premarket trading. Dell, HP, Arm — derivatives of Nvidia’s computer chip announcement also jumped on the news. Dell and HP, which will make computers with the new chips, rose more than 1.5% and 3.5%, respectively. Arm, whose technology is used by Nvidia to develop new chips, soared 14.5%. Qualcomm, Intel, Advanced Micro Devices — chip-making competitors declined as Nvidia rose to prominence. Qualcomm fell…
1. Pull-upsTraders at work at the New York Stock Exchange on May 28, 2026. new york stock exchangePresident Donald Trump said over the weekend that there was “no need to rush” a deal to end the war with Iran. The president once again raised the possibility of further military conflict if an agreement is not reached.Here’s the latest information:2. Death of the UnicornExterior of Glossier store in New York.Source: GlossierThe artificial intelligence boom has reset valuations for startups for a generation. As CNBC’s Hew Song reports, many people are being left for dead as technology takes hold.PitchBook found that nearly…
An F-35B Lighting II assigned to Marine Fighter Attack Squadron (VMFA) 121 takes off from the flight deck of the American-class amphibious assault ship Tripoli (LHA 7) on May 13, 2026.Provided by: U.S. Navy U.S. Central Command announced Monday that Iran launched two ballistic missiles overnight targeting U.S. forces in Kuwait. This is the latest in a series of attacks that further undermine a tenuous ceasefire.The missile, launched at 11pm ET on Sunday night, was successfully intercepted and no U.S. military personnel were harmed, CENTCOM said on XPost.”U.S. Central Command remains vigilant and will continue to protect U.S. forces from…
A man walks his dog in the shade to avoid the midday sun as he passes the New York Stock Exchange (NYSE) building in Manhattan in the heat on August 11, 2020 in New York City, New York, USA.Mike Seeger | ReutersThe S&P 500 closed at an all-time high on the last trading day of May, but only a handful of stocks primarily focused on the AI sector set new highs.This bizarre event mirrors what happened at the height of the dot-com bubble 26 years ago.Only 20 index members achieved the record on Friday. Of those 20, only seven were…
Reuters — The World Health Organization (WHO) announced on Sunday that four nurses who were being treated for Ebola caused by the Bundibugyo strain of the virus have recovered from a hospital in Bunia, Democratic Republic of Congo (DRC). More recoveries are expected, especially as people are diagnosed and treated earlier and as the response to the outbreak strengthens. According to the agency, one laboratory employee also recovered, bringing the total number of people who have recovered from the virus to five. However, Brazil and Italy are investigating suspected cases related to travel to affected countries. According to data distributed…
The AI revolution is 50 times bigger than the dot-com revolution of the 2000s. Softbank CEO Masayoshi Son told CNBC on Monday.“I think this is more than 10 times, maybe 50 times the size of dotcom,” Son told CNBC’s Arjun Karpal in Paris, a day after the company announced it would invest 75 billion euros ($87 billion) to build AI infrastructure, including 5GW of AI data center capacity in France. The head of SoftBank said that while the dot-com crash experienced a painful explosion, it proved to be just a small bump in a much larger long-term growth story.”This is…
summary France has seized a sanctioned oil tanker carrying Russian crude oil in the Atlantic Ocean, the third known intercept in recent months. President Emmanuel Macron said the Tagore was stopped with British support as part of efforts to disrupt Russia’s shadow fleet. The Kremlin claimed the seizure was illegal and bordered on piracy. AI-generated summaries were reviewed by CNN editors. The French Navy has seized a sanctioned oil tanker that left a Russian port. This is the third known seizure in recent months. French President Emmanuel Macron posted on Monday that the ship, the Tagore, was captured in the…
Traders at work at the New York Stock Exchange on May 28, 2026. new york stock exchangeStock futures rose early Monday as Wall Street looked set to start June at record highs.S&P 500 futures and Nasdaq 100 futures rose 0.29% and 0.57%, respectively. Futures tied to the Dow Jones Industrial Average added 58 points. Stock prices ended May on a strong note, with all three major indexes posting solid gains. The Nasdaq Composite Index, which has a high proportion of tech stocks, led the rise, rising more than 8% for the month. The S&P 500 rose about 5%, and the…