Amazon ‘s latest round of layoffs may help the bottom line, but CNBC’s Jim Cramer encouraged investors to keep their eyes on what really matters. That would be Amazon Web Services. The e-commerce and cloud giant said Tuesday it will cut 14,000 corporate jobs, or about 4% of the total corporate and tech workforce, to […]
Signage at the Microsoft campus in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images Microsoft’s GitHub unit on Tuesday announced Agent HQ, a new “mission control” interface that will allow software developers to manage coding agents from multiple vendors on a single platform. An artificial intelligence agent
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Nokia announced on Tuesday that Nvidia will purchase $1 billion in new Nokia shares, the
Nvidia takes $1 billion stake in Nokia Read More »
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks on Tuesday launched new artificial intelligence agents that allow customers to automate certain cybersecurity actions. The new agents, known as Cortex AgentiX, can
Palo Alto Networks debuts automated AI agents to fight cyberattacks Read More »
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Apple and Microsoft shares rose on Tuesday, pushing the companies over a market cap of $4 trillion. Both companies are still behind Nvidia, which is the world’s most valuable company with a market cap of over $4.6 trillion. Microsoft previously hit the $4 trillion
Apple, Microsoft cross $4 trillion market cap Read More »
OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI on Tuesday announced it has completed its recapitalization, and its nonprofit will own an equity stake in its for-profit arm that is currently valued at about $130 billion. This
OpenAI completes restructure, solidifying Microsoft as a major shareholder Read More »
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images 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. Amazon’s cull
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters Alphabet has a high bar to clear when it reports earnings Wednesday. The company’s stock price soared 38% in the third quarter, its best quarterly
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multi-year effort to rein in costs. In a blog post, the company wrote that the layoffs
Amazon laying off about 14,000 corporate workers as it invests more in AI Read More »
Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading consumer AI tool, the company told CNBC exclusively. The agreement, sealed over the weekend, means that starting next year, both sides of
PayPal signs deal with OpenAI to become the first payments wallet in ChatGPT Read More »
