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‘Big Short’ investor Michael Burry says he’s not shorting Tesla

‘Big Short’ investor Michael Burry says he’s not shorting Tesla

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Renowned investor Michael Burry on Wednesday denied shorting Tesla‘s shares after calling the EV maker “ridiculously overvalued.” In a social media post on X, the […]

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Khanna calls for nationwide fraud investigation after wealth tax proposal caused firestorm

Khanna calls for nationwide fraud investigation after wealth tax proposal caused firestorm

California Democrat Rep. Ro Khanna says he has a solution for Silicon Valley elites angered by his embrace of a wealth tax: Tackling fraud. Over the weekend, Khanna came under fire from some donors and allies in the tech industry after he endorsed a wealth tax. Labor groups in California are trying to add a

Khanna calls for nationwide fraud investigation after wealth tax proposal caused firestorm Read More »

Apple needs to deliver an AI-charged Siri so good it gets older iPhone users to upgrade

Apple needs to deliver an AI-charged Siri so good it gets older iPhone users to upgrade

Apple CEO Tim Cook speaks as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. Sept. 9, 2025. Manuel Orbegozo | Reuters Apple has one heck of a mulligan coming ahead of its 50th anniversary in 2026. After failing on its promise to launch an artificial intelligence-supercharged version

Apple needs to deliver an AI-charged Siri so good it gets older iPhone users to upgrade Read More »

Street analyst reveals 3 AI stocks set to dominate 2026 – plus, Meta’s next move

Street analyst reveals 3 AI stocks set to dominate 2026 – plus, Meta’s next move

Wall Street analysts see more room to run for four Club stocks that shattered records in 2025. Fresh commentary from a Rosenblatt Securities analyst shows how a new deal from Meta Platforms could be a financial windfall. Meanwhile, Wedbush details exactly why CrowdStrike , Apple , and Microsoft are winners from the artificial intelligence build-out

Street analyst reveals 3 AI stocks set to dominate 2026 – plus, Meta’s next move Read More »

Softbank has fully funded  billion investment in OpenAI, sources tell CNBC

Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

SoftBank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. SoftBank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker. The

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UK’s Octopus Energy to spinoff AI unit Kraken at .65 billion valuation

UK’s Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation

Octopus Energy branded electric vehicles parked in front of a modern suburban house on the 19th of March 2025 in Folkestone, United Kingdom. The house features rooftop solar panels, highlighting a commitment to renewable energy. The scene represents the growing adoption of sustainable energy solutions, with Octopus Energy playing a key role in promoting electric

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Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves Read More »

California’s Ro Khanna faces Silicon Valley backlash after embracing wealth tax

California’s Ro Khanna faces Silicon Valley backlash after embracing wealth tax

Democrat Rep. Ro Khanna has embraced a wealth tax in his home state of California, and his longtime allies in Silicon Valley are now threatening to abandon him. California labor groups are trying to add a proposal for a statewide tax on billionaires to the November ballot. The proposal is causing a rift among Democrats

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S&P 500 hits new highs, flight cancellations, the restaurant industry’s value push and more in Morning Squawk

S&P 500 hits new highs, flight cancellations, the restaurant industry’s value push and more in Morning Squawk

Traders work on the floor at the New York Stock Exchange in New York City, U.S., Dec. 17, 2025. Brendan McDermid | 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. Green Christmas Joy to

S&P 500 hits new highs, flight cancellations, the restaurant industry’s value push and more in Morning Squawk Read More »

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