Technology

CANADA – 2026/06/23: In this photo illustration, the Grab logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Grab, Southeast Asia’s leading ride-hailing and delivery firm, raised its full-year outlook on Tuesday as it reported record second-quarter results, with resilient

A DoorDash bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. Michael Nagle | Bloomberg | Getty Images U.S. lawmakers have requested information from food delivery company DoorDash on its use of Chinese artificial intelligence models, CNBC has learned, as scrutiny around American businesses’ use of systems developed by China

Jakub Porzycki | Nurphoto | Getty Images Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepening crypto winter despite its efforts to diversify revenue. Here’s how Coinbase performed in its quarter ended June 30, compared with what Wall

Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises about the future. The problem is, they’re burning through their cash in the process. AI spending among the megacaps is projected to reach $765 billion this year, before rising to nearly $1.2 trillion in 2027, according to

Wall Street is growing increasingly divided over AI’s winners and losers after the world’s largest technology companies reported earnings and affirmed or raised their capex forecasts, suggesting the spending spree isn’t letting up yet. Nearly $2 trillion has moved this week into or out of the six megacaps that have reported earnings this season so

Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw the future clearly. In a sprawling, 165-page essay that became required reading in Silicon Valley, the former OpenAI researcher positioned himself as a kind of prophet for the coming age of artificial super

Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado | Archive Photos | Getty Images Clear Street, the prime brokerage startup that recently shelved plans for its own IPO, is now aiming to give investors access to some of Silicon Valley’s hottest private companies before they

Amazon reported surging cloud growth during the second quarter, pointing to strong artificial intelligence demand, and the company boosted its capital spending forecast for the year. The stock shot up more than 10% in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $1.97 adjusted vs.

Dario Amodei, co-founder and chief executive officer of Anthropic, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Chris Ratcliffe | Bloomberg | Getty Images Anthropic on Thursday said it discovered three instances where its Claude artificial intelligence models accessed the internet during an evaluation and “gained

Chip stocks rocketed on Thursday after strong tech earnings from Microsoft and Lam Research sparked a widespread rally, fueling double-digit gains for hard-hit semiconductor companies. Lam Research shares popped 20% and headed for their best day since 1999. The company posted strong earnings and guidance on artificial intelligence-driven demand. Microsoft popped 15% after signaling strong

Microsoft shares moved 8% higher in extended trading on Wednesday after the software maker disclosed strong fiscal fourth-quarter revenue and called for steady 2026 capital expenditures. Here’s how the company did relative to LSEG consensus: Earnings per share: $4.74 adjusted. That may not compare with the $4.24 adj. per share expected by LSEG Revenue: $90.01

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. From “oil” to “shock,” here are the keywords Kalshi traders think Federal Reserve Chairman Kevin Warsh will say at his press conference this afternoon. Stock futures are lower this morning after a mixed day on Wall Street. Here are five

A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 10% after the chip

CHINA – JUNE 17: A man works Thursday, June 17, 2004 in the Beijing office of Corning International which imports fiber-optic products from the U.S. to China. Ricky Wong | Bloomberg | Getty Images Shares of glassware maker Corning dove 18% on Tuesday after the company reported its second-quarter earnings, dragging down other optical component

Bank employees work in front of multiple monitors at the Hana Bank dealing room in Seoul, South Korea, on May 12, 2026. Nurphoto | Nurphoto | Getty Images Wall Street tech moves and South Korea’s stock market are becoming increasingly intertwined as artificial intelligence spending binds together the fortunes of U.S. technology giants and Korean

NBCUniversal’s Peacock is officially landing on YouTube. All of the streaming service’s content — including NBC Sports’ portfolio of the NFL and NBA, Universal films like the Minions franchise, and original Peacock and Bravo content like the Real Housewives franchise and “Love Island USA” — will be included in YouTube Premium subscriptions in the U.S.