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MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai

MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai

MongoDB CEO Dev Ittycheria arrives at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025. David Paul Morris | Bloomberg | Getty Images Database software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run. Chirantan “CJ” Desai, […]

MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai Read More »

Kimberly-Clark agrees to buy Tylenol owner Kenvue in .7 billion deal, creating consumer staples giant

Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant

Huggies, manufactured by Kimberly-Clark and Band-Aid, manufactured by Kenvue. Getty Images Kimberly-Clark announced Monday it’s struck an agreement to buy Kenvue in a deal valued at $48.7 billion that would create a consumer staples giant. The deal is a combination of cash and stock. Shares of Kenvue surged 20% in premarket trading Monday, while shares

Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant Read More »

November trading, Berkshire’s cash hoard, Big Tech’s ad revenue and more in Morning Squawk

November trading, Berkshire’s cash hoard, Big Tech’s ad revenue and more in Morning Squawk

A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | 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. November

November trading, Berkshire’s cash hoard, Big Tech’s ad revenue and more in Morning Squawk Read More »

Where the blockbuster weight loss drug market stands today — and what’s coming next

Where the blockbuster weight loss drug market stands today — and what’s coming next

A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters The appetite for blockbuster weight loss and diabetes drugs is far from satisfied.  From fresh competition to new uses, the market is quickly vaulting into a new stage of

Where the blockbuster weight loss drug market stands today — and what’s coming next Read More »

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

Microsoft CEO Satya Nadella speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. Microsoft Corp., determined to hold its ground in artificial intelligence, will soon let consumers tailor the Copilot digital assistant to their own needs. David Ryder | Bloomberg | Getty Images

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says Read More »

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

Evolve Bank CEO Bob Hartheimer booking photo. Source: Shelby County Jail Bob Hartheimer, CEO of Tennessee’s Evolve Bank & Trust, was fired after U.S. law enforcement officials caught him propositioning a law enforcement officer posing as a 15-year-old boy on gay dating app Grindr. On Oct. 19, an employee of the Federal Bureau of Investigation

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy Read More »

Amazon’s stock soars 12% on third-quarter beat and increased spending guidance

Amazon’s stock soars 12% on third-quarter beat and increased spending guidance

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon shares soared 12% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a

Amazon’s stock soars 12% on third-quarter beat and increased spending guidance Read More »

Tech’s 0 billion splurge: This quarter’s winners and losers of the AI spending boom

Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Tech’s internet giants have made it through earnings season, and they offered a consistent message to Wall Street: Artificial intelligence investments are only

Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom Read More »

Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk

Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk

A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | 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

Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk Read More »

Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing

Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing

Jensen Huang, chief executive officer of Nvidia Corp., during the keynote address at the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Korean semiconductor giant Samsung said Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphics processing

Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing Read More »

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