Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation. “I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.” Shares soared 10%. Many of…
Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo during the company’s Initial Public Offering(IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things…
My top 10 things to watch Wednesday, Nov. 12 1. Has Advanced Micro Devices rescued the market from CoreWeave’s clutches following the AI infrastructure provider’s disappointing guidance Monday? CEO Lisa Su yesterday predicted that revenue growth will increase by 35% each year over the next three to five years. She cited also “insatiable” demand for…
Check out the companies making headlines before the bell. Advanced Micro Devices — The chipmaker jumped nearly 6% in reaction to robust long-term growth targets made at its Investor Day , including an internal forecast that the company’s data center revenues will jump 60% in the next three to five years. BILL Holdings — Bloomberg…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. Record breaker A new all-time…
Jakub Porzycki | Nurphoto | Getty Images Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011. Market watchers are hoping that another historically long streak — the U.S. government shutdown…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. +$1 trillion The richest man in…
SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets opened lower Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence…
A trader works during the Evommune Inc. initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 6, 2025. Michael Nagle| Bloomberg | Getty Images Stock futures moved slightly higher Thursday night after a pullback in the market’s biggest technology names led to a losing session for…
A U.S. Supreme Court police officer stands guard on the first day of their new session in Washington, D.C., U.S., Oct. 6, 2025. Jonathan Ernst | Reuters The U.S. Supreme Court on Wednesday heard a case on the Trump administration’s “reciprocal” tariffs, and both liberal and conservative judges appeared skeptical of the legal basis of…