Okta (OKTA) earnings Q2 2027
Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta shares gained about 19% in extended trading after the identity…
OpenAI Jalapeño AI chip challenges Nvidia in inference
Nvidia‘s near-monopoly over the most advanced AI chips is under «threat» as OpenAI’s and other tech giants announce custom-built semiconductors, analysts told CNBC. Follow CNBC’s live coverage of Nvidia’s 2027 second-quarter…
Micron elevates two executives. Plus, what the Meta settlement means for its top line
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 is basically flat on Wednesday as the market awaits several key…
Apple sets iPhone launch date, first under new CEO John Ternus
People walk through the Steve Jobs Theater prior to an event at the Apple Park campus in Cupertino, California, on September 12, 2023. Nic Coury | AFP | Getty Images Apple announced Wednesday that it is holding a launch event at its headquarters in…
Mark Walter’s TWG says no fraud occurred, Dodgers not for say
Mark Walter‘s TWG Global blasted what it called «multipronged attacks» against the holding company and its subsidiaries, and said «despite what has been reported, there has been no fraud» at those companies. TWG also said it «is not looking to sell…
Fed, NASA and DOJ among victims of China hacker group: Court documents
The Federal Reserve, the U.S. Senate, the Department of Justice, NASA, and other federal agencies were victims of computer intrusion by a Chinese state-sponsored hacking group, the DOJ said on Wednesday morning as it announced the court-ordered seizure…
Meta settles social media addiction case for $16.7 billion
Meta and a coalition of state attorneys general have settled a major federal case centering on allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram. The…
Bill Gates warns of economic upheaval from AI
Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025. Mike Segar | Reuters There is «no plan» for the «social, political, and economic upheaval» AI is about to cause, Bill Gates has warned. The Microsoft co-founder said…
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
People shop for groceries at a supermarket in Manhattan on Aug. 25, 2026 in New York City. Angela Weiss | AFP | Getty Images Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal Reserve’s main…
Mortgage rates hit highest level in 3 weeks, weakening demand further
A «For Sale» sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application…