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Ford to record .5 billion in special charges related to EV pullback

Ford to record $19.5 billion in special charges related to EV pullback

A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. […]

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AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

Broadcom CEO Hock Tan. Lucas Jackson | Reuters In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative. Broadcom, CoreWeave and Oracle, three companies intimately tied to the AI infrastructure buildout, all had another rough day on Wall Street on Monday after selling off sharply last week. While the three

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide Read More »

Market rotation, the Fed’s Kevins, Netflix’s ‘Star Wars’ moment and more in Morning Squawk

Market rotation, the Fed’s Kevins, Netflix’s ‘Star Wars’ moment and more in Morning Squawk

Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City. Spencer Platt | 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. Cold front Rotation

Market rotation, the Fed’s Kevins, Netflix’s ‘Star Wars’ moment and more in Morning Squawk Read More »

ServiceNow in talks to acquire cybersecurity startup Armis in potential  billion deal, Bloomberg reports

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports

Software company ServiceNow is in advanced talks to buy cybersecurity startup Armis, which was last valued at $6.1 billion, Bloomberg reported.  The deal, which could reach $7 billion in value, would be ServiceNow’s largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private. 

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports Read More »

‘Stranger Things’ ushered in a new era for Netflix

‘Stranger Things’ ushered in a new era for Netflix

Noah Schnapp, Caleb McLaughlin, Finn Wolfhard and Gaten Matarazzo star in Season 5 of Netflix’s “Stranger Things.” Courtesy: Netflix The original concept for what would become “Stranger Things” was rejected by more than 15 studios before landing a spot on Netflix’s roster of original programming. A decade later, the show created, written and directed by

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Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide Read More »

Disney’s ‘Zootopia 2’ to hit  billion box office, only the second Hollywood film to do so this year

Disney’s ‘Zootopia 2’ to hit $1 billion box office, only the second Hollywood film to do so this year

Disney’s “Zootopia 2” follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down. Disney The Walt Disney Company tallied its second billion-dollar film of 2025 with the help of a determined bunny and mischievous fox. “Zootopia 2” is set

Disney’s ‘Zootopia 2’ to hit $1 billion box office, only the second Hollywood film to do so this year Read More »

AI infrastructure selloff continues on Wall Street as Broadcom, Oracle shares slide

Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, on pace for their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4% a day after plunging 10%

Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia Read More »

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain Read More »

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk

FILE PHOTO: A Broadcom logo and a computer motherboard appear in this illustration taken August 25, 2025. Dado Ruvic | 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. Chip types The S&P 500 and

Broadcom earnings, Lululemon CEO steps down, ‘fibermaxxing’ and more in Morning Squawk Read More »

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