Sarah Jenkins

Markets

IBM AI software risk limited to 2%, Krishna tells investors

IBM CEO Arvind Krishna said AI-built apps threaten only 2% of IBM software, as mainframe weakness pressures results and the stock.

By Sarah Jenkins · 1 month ago

Markets

Cerebras AMD partnership lifts shares as AI latency race intensifies

Cerebras rose about 4% after AMD said its chips will be used in Helios AI systems, broadening a low-latency inference push.

By Sarah Jenkins · 1 month ago

Markets

Alphabet AI spending draws Cramer scrutiny as shares fall 7%

CNBC’s Jim Cramer questioned Alphabet’s AI capex after its results, while Dover fell and Honeywell gained on industrial earnings.

By Sarah Jenkins · 1 month ago

Markets

Brent crude stock market pressure builds as oil tops $100

U.S. shares fell as Brent crude moved above $100 and Treasury yields rose after renewed Middle East conflict raised inflation conc...

By Sarah Jenkins · 1 month ago

Markets

Amazon and Microsoft cloud gaming plans target different players

Microsoft will test ad-supported Xbox streaming, while Amazon brings Luna to Prime Video in a push for casual gamers.

By Sarah Jenkins · 1 month ago

Markets

War powers Iran measures split Congress as Senate blocks binding vote

The Senate rejected a binding Iran war powers measure while the House backed a symbolic rebuke, as oil prices rose above $100.

By Sarah Jenkins · 1 month ago

Markets

Google Cloud revenue growth accelerates as Kurian cites higher customer spend

Google Cloud CEO Thomas Kurian told CNBC existing customers are spending about 50% above commitments, helping lift second-quarter...

By Sarah Jenkins · 1 month ago

Markets

Joanna Stern says AI voice tools are the habit she kept after a year

After testing AI across work and home for a year, Joanna Stern told CNBC Make It that voice tools remain her most useful habit.

By Sarah Jenkins · 1 month ago

Markets

Cyclospora outbreak tests US food safety capacity after federal cuts

HHS says the response is robust, while experts point to staffing, funding and traceability gaps as cases rise across several state...

By Sarah Jenkins · 1 month ago

Markets

Albertsons shares slide after grocer cuts 2026 outlook

Albertsons reduced its profit and sales guidance, citing softer grocery demand and more cautious household spending.

By Sarah Jenkins · 1 month ago

Markets

Crypto contract puts CXMT near $425 billion before Shanghai listing

A Hyperliquid derivative has valued ChangXin Memory Technologies far above its IPO price, highlighting investor access limits and...

By Sarah Jenkins · 1 month ago

Markets

Alphabet and Tesla shares fall as AI investment strains cash flow

Both companies beat revenue expectations but reported negative free cash flow, putting Wall Street’s scrutiny of AI-related capita...

By Sarah Jenkins · 1 month ago