Technology News Archives | Page 5 Of 92

CNBC Daily Open: AI firms are getting money while their stocks are losing value

Several AI applications can be seen on a smartphone screen, including ChatGPT, Claude, Gemini, Perplexity, Microsoft Copilot, Meta AI, Grok and DeepSeek. Philip Dulian | Picture Alliance | Getty Images Money keeps flowing into artificial intelligence companies but out of AI stocks. In what looks like — once again — a scenario of the left […]

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‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says

Technology News

Global stocks are embroiled in a downward spiral as concerns over an AI bubble continue to mount — and for the first time in two decades, fund managers are flagging concerns about companies “overinvesting.” That’s according to the latest iteration of Bank of America ‘s Global Fund Managers Survey. The poll of 172 fund managers,

‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says Read More »

Microsoft unveils tool to help companies control, track AI agents

Technology News

Judson Althoff, CEO of Microsoft’s commercial business and then mresident of Microsoft North America, speaks during We Day at KeyArena in Seattle on April 23, 2015. Mat Hayward | Getty Images Entertainment | Getty Images Microsoft made it easier for corporate workers to make AI agents that go off and do work. Now it’s demonstrating

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Zoox begins offering robotaxi rides in San Francisco, facing off with Waymo

Technology News

A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Zoox on Tuesday began allowing select San Francisco users to hail its driverless vehicles, pitting the Amazon-owned robotaxi service against Alphabet’s Waymo in the same market for the first time. Riders can sign

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Home Depot earnings, ‘quiet time’ in the job market, Panera’s new strategy and more in Morning Squawk

Technology News

Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC 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. Bets are off The stock market dropped yesterday, with technology stocks once again

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Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit

Technology News

Igor Golovnov | Lightrocket | Getty Images Data center stocks took a major hit on Monday after Morgan Stanley downgraded seven hardware companies, including Dell and Hewlett Packard Enterprise. The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight. Dell and HPE closed down 8% and 7%, respectively. HP

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Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO

Technology News

Chip Somodevilla | Getty Images In Google’s IPO prospectus 21 years ago, founders Larry Page and Sergey Brin gave a flattering nod to Warren Buffett, suggesting in their letter to prospective investors that the billionaire investor was a big influence. They titled their founders’ letter, “‘An owner’s manual’ for Google’s shareholders,” and indicated that there

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AI is contributing to a memory chip shortage that could hit phones and cars

Technology News

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chipmakers and analysts are warning of a memory chip shortage that could hit the consumer electronics and automotive industries next year, as companies prioritize massive demand from the artificial intelligence boom. In

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AI anxiety on the rise: Startup founders react to bubble fears

Technology News

Markets were on edge this week as a steady stream of negative headlines around the artificial intelligence trade stoked fears of a bubble. Famed short-seller Michael Burry cast doubt on the sustainability of AI earnings. Concerns around the levels of debt funding AI infrastructure buildouts grew louder. And once high-flyers like CoreWeave tanked on disappointing guidance. CNBC’s Deirdre Bosa asked those at

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Data centers are concentrated in these states. Here’s what’s happening to electricity prices

Technology News

Electricity prices are surging, voters are growing angry, and the artificial intelligence industry’s data centers are increasingly a target for blame with U.S. mid-term elections on the horizon. Residential utility bills rose 6% on average nationwide in August compared with the same period in the previous year, according to the U.S. Energy Information Administration. The

Data centers are concentrated in these states. Here’s what’s happening to electricity prices Read More »

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