Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value

Tim Brown, co-founder and co-chairman of sports shoe manufacturer Allbirds, speaks on stage at the OMR…

ASML stock sinks amid tightening China restrictions despite strong earnings, guidance

ASML stock fell 6% on Wednesday despite raising its sales forecast for 2026 and beating first-quarter…

Starbucks launches beta app in ChatGPT to fuel new drink discovery

A sample prompt response in ChatGPT using Starbucks’ beta app. Source: Starbucks Starbucks has launched a…

Snaps stock jumps on plans to axe 16% of its workforce citing AI efficiencies

Omar Marques | SOPA Images | Lightrocket | Getty Images Snap‘s shares jumped about 7% on…

Jim Cramer says the stock market is so overbought that we have to tread carefully

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20…

Chip giants AMD, Qualcomm and Arm back driverless car startup Wayve with fresh funds

A prototype of the Nissan Motor Co. Leaf-based autonomous vehicle equipped with WayveTechnologies Ltd.’s AI Driver…

OpenAI pulls back from Stargate Norway data center deal as Microsoft takes over

OpenAI has abandoned plans to rent compute capacity directly from a Norwegian data center, days after…

Bank of America earnings, Kalshi's DC charm offensive, a United-American merger and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter.Subscribe hereto receive future editions in your inbox. Good morning, and…

Why are workers so worried about AI? Listen to how business leaders talk about it

Wenjin Chen | Digitalvision Vectors | Getty Images The widespread fear among workers of being replaced…

Samsung SDS shares jump 20% on KKR partnership and $820 million bond purchase

The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by…