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Aerial view of a truck entering a shipping berth at the Port of Oakland on August 26, 2025 in Oakland, California.Justin Sullivan | Getty ImagesInvestors were on edge in the last session of the week after concerns over AI hit the stock market again, triggering a fresh decline, this time with the logistics and real estate sectors taking a hit. Here’s how some of the hardest hit stocks fared on Friday.Trucking and logisticsOn Thursday, logistics stocks became the latest victim of AI fear trading, thanks to a new tool from AI company Algorithm Holdings. The tool, called SemiCab, touts itself…
As European leaders prepared for a combative Munich Security Conference on Friday, Germany’s Friedrich Merz sternly pointed out that the international world order “no longer exists”, one of the few points of agreement between the fractious allies in the Atlantic alliance. Merz’s speech at the South Germany conference, which brings together officials from around the world to discuss international security and hold diplomatic negotiations, highlighted the widening rift between the United States and Europe. The German leader of the centre-right Christian Democratic Union has warned that European freedoms “can no longer be taken for granted” in an era when major…
If you’re not obsessing over the details of Heated Rivals, including its talented cast, what are you doing? This Canadian television series (available to stream on HBO Max) entered our pop culture zeitgeist late last year, and it shows no signs of leaving just yet. That’s a rarity these days, given the revolving door of internet topics. Pop culture moments last a few weeks at best, but this gay hockey show isn’t. Months later, everyone is rewatching the show millions of times, sharing edits on TikTok, reading books, and closely watching the actors’ appearances. Starring Hudson Williams as Shane Hollander…
If you’re still riding the digital nomad wave or looking for your next home away from home to work remotely, you might be able to add Sri Lanka to your list of options. The South Asian country officially launched digital nomad visas in February. The visa is aimed at “attracting foreign professionals who wish to live and work remotely in Sri Lanka while providing services to clients and companies based abroad,” Sri Lanka’s Immigration Local Visa Division said online. To qualify, applicants must meet several qualifications, including: You are employed by a company based in another country, you are a…
Meta plans to add facial recognition to its smart glasses as early as this year, according to a new report in the New York Times. The feature, known internally as a “name tag,” allows the wearer of the smart glasses to identify a person and retrieve information about that person through Meta’s AI assistant. Meta’s plans are subject to change, the report notes. The tech giant has been considering how to release features that pose “security and privacy risks” since early last year. According to an internal memo, the company originally planned to show Name Tag to attendees at conferences…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. Remember that Ring Super Bowl commercial about finding a lost dog? It turns out it didn’t do much good. AmazonThe owned doorbell company wanted it.Stock futures are falling this morning as the averages for all three major stocks are negative.Here are five important things investors need to know to start their trading day.1. By sectorTraders work on the floor of the New York Stock Exchange (NYSE) on February 11, 2026 in New York City, USA. Brendan McDiarmid | ReutersStocks fell on Thursday as traders…
Amazon Web Services CEO Matt Garman suggested investors may be too worried about the risk that artificial intelligence models will slow the growth of big software companies.”Look, my own opinion is that a lot of the fear is overblown,” Garman told CNBC’s John Fort on Thursday.Technology stocks sold off this year following the release of software built on AI models from companies like Anthropic and OpenAI. of iShares Enhanced Technology Software Sector ETF Rising inflation and interest rates are prompting companies to rationalize post-pandemic technology spending, which is down 24% so far in 2026, on par with the worst year…
As top AI labs like Google, Anthropic, and OpenAI chase enterprise adoption, Canadian AI startup Cohere is quietly cleaning up. The company told investors in a note that it exceeded its 2025 annual recurring revenue target of $200 million, growing more than 50% quarter-over-quarter for the year to $240 million, according to CNBC. Cohere was founded in 2019 and is backed by enterprise technology investors including Nvidia, AMD, and Salesforce. The startup’s core technology is its Command family of generative AI models, which Cohere says are efficient enough to deploy on limited GPUs, making them attractive to companies looking to…
pinterest Shares soared more than 20% on Friday after the company cited tariff-related shocks in disappointing fourth-quarter results.The social media company’s fourth-quarter profit was lower than analysts expected, with revenue of $1.32 billion, compared to LSEG’s consensus estimate of $1.33 billion. Net income for the quarter was $277 million, down 85% from $1.85 billion a year earlier.Additionally, adjusted earnings before interest, taxes, depreciation and amortization (EBIDTA) were $541.5 million, lower than analysts’ expectations of $550 million.Pinterest expects first-quarter revenue to be between $951 million and $971 million, also below analysts’ expectations of $980 million.Chief Executive Bill Ready said the company…
Steven Wright knew he was in trouble long before the first snow fell. Wright, who runs Jay Peak Ski Resort in northern Vermont, realized something was wrong last summer while talking with Canadian season pass holders who had decided not to come to the United States or his property for the 2025-2026 winter ski season. Political tensions between the U.S. and Canada have reached a fever pitch, especially after President Trump started referring to Canada as the “51st state,” and Jay Peak, just nine miles south of the Canadian border, is about to pay the price. “I called hundreds of…