NVIDIA Corp. CEO Jensen Huang speaks at the 2026 CES event in Las Vegas, Nevada, USA, on Tuesday, January 6, 2026.
Bridget Bennett Bloomberg | Getty Images
advanced micro device It announced its fourth quarter results after the bell on Tuesday. The company beat Wall Street’s revenue and profit expectations, but the stock fell more than 8% in after-hours trading as guidance fell short of some expectations.
AMD’s main competitors are: Nvidiawhich faces difficulties of its own. CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that there is “no drama involved” between the company and OpenAI. “Everything is going well,” he added.
Huang was referring to NVIDIA’s $100 billion investment in OpenAI in September, which the Wall Street Journal reported Saturday is “on ice.” Nvidia stock fell more than 3.4% on Tuesday.
Major US indexes also had a bad day. of S&P500 lost 0.84%, Dow Jones Industrial Average Despite rising as much as 0.5% to a new record early in the session, the stock ended 0.34% lower.
High-tech oriented Nasdaq Composite This weighed on software stocks such as , which fell 1.43%. ServiceNow and sales forceboth are down nearly 7%, and investors appear to be pricing in the potential for artificial intelligence to reduce the value of these companies.
An asset company that holds a large amount of stock in the private credit market. blue owl, ares management and KKRalso sank. According to alternative investment firm iCapital, the software industry accounts for about 20% of private loans from direct financial institutions.
There was at least one positive development overnight. President Donald Trump signed a bill that provides funding to the federal government, which has been briefly shut down since Saturday morning.
Please keep an eye out for future PMI releases from Japan, China, and India.
What you need to know today
The xAI and SpaceX merger is the largest in history, with the combined company valued at $1.25 trillion. The numbers break down to SpaceX’s valuation at $1 trillion and xAI’s valuation at $250 billion, according to documents seen by CNBC.
Disney Names Josh D’Amaro as Next CEO D’Amaro is currently disney He has gained experience and will succeed Bob Iger at Disney’s annual meeting on March 18th.
Stephen Milan is stepping down from his White House job as chairman of the Council of Economic Advisers, CNBC has confirmed. He has been absent from this position since becoming a member of the Federal Reserve Board in September 2025.
Major indexes fell on Tuesday, with U.S. software and asset management stocks lower. Bitcoin It continued to descend, but spot gold and spot silver We recovered some of our losses. european Stocks 600 It increased by 0.1%.
(PRO) JPMorgan added industrial property owners to its February favorites list, but removed some retailers. Wall Street Bank’s analyst focus list focuses on growth, income, value, and short investment strategies.
And finally…
Ray Dalio warns the world is on the ‘brink’ of a capital war
Legendary investor Ray Dalio warned Tuesday that the world is on the “brink” of a capital war as geopolitical tensions rise and capital markets become unstable.
Speaking with CNBC’s Dan Murphy on stage at the World Government Summit in Dubai, United Arab Emirates, Dalio said we are moving closer to the realm of capital wars, where money is weaponized through means such as embargoes, cutting off access to capital markets, or using debt ownership as leverage.
He pointed to recent tensions over the Trump administration’s efforts to bring Danish Greenland under Washington’s control.
— Chloe Taylor
