The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. The pace of technological advance in “many fields,” including…
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…
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 Wednesday and what’s on the radar for Thursday’s session. Tesla We could get vote…
Check out the companies making headlines in after-hours trading. Southwest Airlines — Shares of the airline gained 2% on the back of a surprise quarterly profit . Southwest also said that demand and fares are both improving. The company reported adjusted earnings of 11 cents per share, while analysts polled by LSEG had expected a…
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American in New York City, U.S., October 22, 2025. Brendan Mcdermid | Reuters Stock futures edged lower on Wednesday night as investors digested quarterly earnings releases. Futures tied to the Dow Jones Industrial Average fell 87 points, or nearly 0.2%. S&P futures…
Wall Street gets more information on corporate America next week, with third-quarter earnings shifting into high gear. There’s also important inflation data coming. The earnings season is off to a strong start, with financials topping expectations thanks to the likelihood of lower interest rates and greater merger and acquisition activity. S & P 500 earnings…
My top 10 things to watch Thursday, Oct. 16 1. Salesforce issued better-than-expected 2030 guidance and said it will return to double-digit organic revenue growth. Very important. It was perceived to be impossible because AI was hurting its other businesses while its own AI product, Agentforce, wasn’t catching on one year later. Shares jumped more…
My top 10 things to watch Friday, Sept. 12 1. Markets were relatively muted on Friday. But it has been a strong week, with the S & P 500 hitting new highs in response to economic data that suggests the Federal Reserve will need to be more aggressive with interest rate cuts over the next…
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant rose nearly 6% after activist investor Elliott Management took a $4 billion stake in the company, touting a “rare” and “historic” opportunity for a turnaround at the iconic soft drink and snack company. The investment by Elliott,…
The fortunes of certain stocks are very closely linked to Nvidia ‘s fate, a study of market correlations show. Here are the ones to watch. AI poster child Nvidia will report its fiscal second-quarter earnings after Wednesday’s closing bell, and Wall Street is expecting another blowout quarter. LSEG consensus shows that analysts estimate Nvidia will…