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Technology

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Circle closes $222 million from BlackRock, Apollo for Arc blockchain

TazaPulseMay 11, 2026

Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include...

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Here’s how artificial intelligence is changing boardrooms

TazaPulseMay 11, 2026

Maskot | Digitalvision | Getty Images Since the debut of OpenAI’s ChatGPT in 2022, and the subsequent AI revolution, workers across industries have been hit by sweeping layoffs. A new report published by IBM last week, however, shows that AI is also reshaping boardrooms and how CEOs make decisions. The report says 76% of the...

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Alphabet 160% rally in year reflects value of owning most of AI stack

TazaPulseMay 10, 2026

Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at...

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Nvidia embraces AI investor, topping $40 billion in equity bets 2026

TazaPulseMay 9, 2026

Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026. Patrick T. Fallon | AFP | Getty Images Nvidia stepped on the gas last year, putting cash into companies up and down the AI infrastructure stack and helping...

Rocket Lab (RKLB) Q1 earnings 2026

TazaPulseMay 9, 2026

Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million...

Jim Cramer says ‘it’s not to late’ to own AI winners powering the market

TazaPulseMay 9, 2026

CNBC’s Jim Cramer said the market continues to be driven overwhelmingly by enthusiasm around semiconductors and data center stocks, and next week will test whether investors keep rewarding nearly any positive AI-related development. “This market keeps going up and up on the same old stuff: news about semiconductors, even old news about semiconductors, retreaded news...

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Intel shares fly on Apple chip deal report. Here’s why it’s a big deal

TazaPulseMay 9, 2026

Apple and Intel are reportedly closing in on a deal that would see Intel make some of the chips for the iPhone maker’s devices, marking a major shift in the chipmaking landscape. Talks between the two companies have been brewing for more than a year, with a preliminary agreement reached in recent months, the Wall...

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Wall Street AI chip love moves from Nvidia to Intel, AMD and Micron

TazaPulseMay 9, 2026

Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world’s most valuable company — continues to prosper and is expected to...

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AWS data center outage hits trading on Fanduel, Coinbase

TazaPulseMay 8, 2026

Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Amazon Web Services, a leading cloud provider, started reporting operational issues on Thursday that affected trading on platforms including Coinbase and FanDuel. “Full recovery is still expected to take several hours,” AWS wrote in its latest update at 9:51 a.m. ET on Friday. According to...

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This struggling stock may remain challenged in AI-driven market

TazaPulseMay 8, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The three major indexes moved higher Friday after a better-than-expected April jobs report. The Labor Department said nonfarm payrolls increased by 115,000 last month , topping economists’ expectations for...