OpenAI hands AMD a big win in AI chip race. What does it mean for Nvidia?
The demand for AI computing power is large enough for multiple chip companies to win, CNBC’s Jim Cramer said Monday.
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Trump administration resumes student loan forgiveness for some borrowers, trade group says
The Trump administration has restarted student loan forgiveness for borrowers enrolled in the IBR program, a benefit that has been partially paused since July. -
Japan stocks hit record highs as Sanae Takaichi’s LDP victory drives yen past 150
Japan equities jumped after the country’s ruling Liberal Democratic Party elected staunch conservative Sanae Takaichi as its new leader Saturday. -
Anthropic lands its biggest enterprise deployment ever with Deloitte deal
Deloitte is rolling out Anthropic’s Claude to more than 470,000 employees across 150 countries. -
‘Micro-shifting,’ coffee badging: Bosses are still mandating RTO—workers are going, but on their own terms
Work-from-home rates have persisted even as the labor market sours, people cling to their jobs and leverage swings back in the direction of CEOs. -
Instagram will award top creators with a gold ring. But no cash
Winners will be chosen by a panel including Instagram chief Adam Mosseri, filmmaker Spike Lee, designer Marc Jacobs and YouTuber Marques Brownlee. -
Nike prices are rising one year into CEO Elliott Hill’s turnaround plan. Tariffs are part of the story
Nike apparel and footwear prices have risen significantly year over year since CEO Elliott Hill took over and tariffs on goods made in Asia have mounted. -
Democratic leader Jeffries challenges GOP House Speaker Johnson to debate shutdown
Jeffries’ challenge to Johnson comes as the shutdown drags on, with Republican and Democratic leaders continuing to dig in on their opposing funding priorities. -
AMD stock skyrockets 30% as OpenAI looks to take stake in AI chipmaker
OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026. -
Nike’s turnaround will ‘take a while,’ CEO Elliott Hill says
Nike has been executing a turnaround under CEO Elliott Hill, who told CNBC it will take “a while” for the company to return to profitable growth.
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