Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Alphabet
Nvidia making consumer PC push with new AI superchip
Nvidia unveiled new powerful chips that would bring advanced AI functions to laptops and desktop computers, with PC models from brands including Microsoft and Dell.
Tech companies post earnings amid bubble concerns
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Jury deliberates in social media trial
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
Meta stock falls after AI commitment
Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping investments in artificial intelligence are only just getting started. This all comes just days after Nvidia became the world's first-ever $5 trillion company. Jacob Ward, technology journalist, joins CBS News to discuss.
YouTube allows banned creators to return
YouTube's parent company, Alphabet, announced that it will allow creators who were banned for spreading false information to rejoin the platform in the coming weeks. Yael Eisenstat, policy director at Cybersecurity for Democracy, a nonpartisan research center, joins "The Daily Report" to discuss.
Companies flock to Pennsylvania for energy
President Trump unveiled $90 billion in investments in Pennsylvania energy and innovation on Tuesday. That follows Amazon's recent announcement that it plans to invest $20 billion in data centers across the state. CBS News senior White House correspondent Weijia Jiang reports.
Stocks wrap up week of gains
The Dow Jones eked out a 0.05% gain Friday as investors digested mixed messages on trade talks between the U.S. and China. CBS News MoneyWatch correspondent Kelly O'Grady reports from the New York Stock Exchange.
Could a federal judge break up Google? Here's what to know.
U.S. Department of Justice attorneys are seeking to impose sweeping penalties on Google after a court ruled the tech giant is a monopoly.
Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion
The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.
Break up Google? Justice Dept. may ask judge to force Google to sell units
The Justice Department says it's considering asking a federal judge to force Google to sell parts of its business in order to eliminate its online search monopoly.
Closing arguments in Google antitrust trial
Closing arguments begin Thursday in the Justice Department's antitrust lawsuit against Google. The government and more than a dozen states say Google has turned its search engine into an illegal monopoly, while Google says people like to use the engine and could change their search habits at any time. Matthew Perlman, senior competition reporter for Law 360, joins CBS News to discuss the case.
Why tech stocks are driving market gains
Several factors, like the boom in artificial intelligence in the past few years, have created higher value for tech companies stocks in the market that are driving market gains. Joe Rennison covers financial markets for The New York Times and joins CBS News with his take on the strength of the "magnificent seven" group of tech stocks.
Google cuts hundreds of jobs in cost-cutting drive
Google says it has laid off employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
Oral arguments over in Google antitrust trial
Oral arguments in the Google antitrust trial are over with the evidentiary phase of the trial wrapping up Thursday. Nico Grant, a technology reporter covering Google for The New York Times, joined CBS News to discuss the case.
A look back at 25 years of Google
Google was created by Larry Page and Sergey Brin at Stanford University, who moved the company to a garage in 1998.
YouTube CEO defends decision to demonetize Russell Brand's channel
YouTube suspended Russell Brand's ability to earn money from his online videos earlier this week after multiple women accused Brand of rape, sexual assault and abuse — allegations he denies.
Cherry, Harrison on new book "Hair Love ABCs"
Author Matthew A. Cherry and illustrator Vashti Harrison join "CBS Mornings" to discuss their new book, "Hair Love ABCs." The alphabet board book is inspired by the bestselling "Hair Love" book, which teaches young readers the ABCs of Black hair. Cherry and Harrison discuss collaborating to bring back the main character Zuri and why representation matters.
Google to pay $23 million class action settlement
Google has agreed to a $23 million settlement to resolve claims it shared searches with third-party websites and companies without user consent. The deadline to submit a claim is July 31. CBS News' Lana Zak and Errol Barnett report.
"Godfather of AI" leaves Google to talk about potential dangers
Geoffrey Hinton, who worked with Google and mentors AI's rising stars, started looking at artificial intelligence more than 40 years ago, he told "CBS Mornings" in late March.
Big Tech cuts jobs, slows hiring
Companies like Meta, Microsoft and Alphabet have laid off thousands of employees since the start of 2022. Matt Turner, global editor-in-chief for Insider, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the shift in the industry and how artificial intelligence could eliminate some positions.
"60 Minutes" tours Google's AI lab
In this week's "60 Minutes" broadcast, Scott Pelley is given access to Google's campus in Mountain View, California, and its AI lab in London to examine its new slate of technologies.
"Godfather of artificial intelligence" weighs in on the past and potential of AI
Geoffrey Hinton, who works with Google and mentors AI's rising stars, started researching artificial intelligence over 40 years ago.
Supreme Court case could reshape "fundamental architecture" of the internet
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
Here are the latest tech layoffs as the industry shudders
Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Spain sends over 48,000 migrants back to Morocco from Ceuta; dozens dead
Spain's Ministry of the Interior said about 50,000 people entered the Spanish enclave since Thursday morning, with an estimated 48,300 back in Morocco by 6 p.m. Friday.
FIFA scraps its World Cup investment plan after backlash
FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second says, ""She is buried in nature now."
Live
U.S. preparing new Iran strikes as Trump says, "We've done an amazing job"
There was no sign of the conflict ending as Iran claimed to have struck two ships in the Strait of Hormuz.
U.S. probing if Iran was behind cyberattack on water systems in 7 states
Malicious cyber activity affected technology at water systems in at least seven states this week, including Minnesota, leading authorities to dig into whether Iranian actors are behind the attack, CBS News has learned.
Russian strikes on Kyiv kill 4, injure at least 15, officials say
Kyiv said the strikes had killed four people, and the city's mayor reported 15 people, including two boys aged 13 and 17, were wounded and transported to hospital.
Body of missing girl found in New Jersey river after 2-day search, officials say
The body of a missing girl has been found in the Passaic River in New Jersey after a two-day search, officials said.
U.S.
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FIFA scraps its World Cup investment plan after backlash
FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second, a few days later, says, "She is buried in nature now."
MoneyWatch
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Nearly 1 in 4 Americans want CEOs to "stop being greedy," survey finds
New poll explores what people wish corporate leaders understood about economic life in the U.S. today.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
New York sues Kalshi, alleging it enables illegal gambling
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
OCTROT heated blankets and throws recalled after fires and injuries
Chinese-made electric bedding poses "risk of serious injury or death," according to U.S. product safety regulators.
Anthropic reveals Claude "gained unauthorized access" to "real-world systems"
Anthropic's artificial intelligence model Claude "gained unauthorized access" to three outside organizations on three separate occasions during testing.
Politics
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DOJ to dismiss Reflecting Pool vandalism charges, citing "botched installation"
Federal prosecutors moved to dismiss an indictment charging U.S. Olympic canoeist David Hearn with ripping the bottom of the Lincoln Memorial Reflecting Pool, saying the damage was caused by "botched installation and not vandalism."
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
Lawyer for Rep. Miller's ex-wife files for restraining order amid abuse claims
The ex-wife of GOP Rep. Max Miller asked a court to issue a restraining order blocking Miller from contacting her lawyer, as the Ohio congressman faces allegations of abuse — which he denies.
First on CBS
Democrats demand training info on ICE agent who killed immigrant in Maine
Two Democrats are demanding details and records about the training of an ICE officer who shot and killed a Colombian immigrant in Maine, according to a letter obtained by CBS News.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
HealthWatch
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HealthWatch
Peptide vendor sentenced for "trail of harm"
A federal judge sentenced the owner of a peptide company to nearly 6 years in prison for deceiving customers and selling products adulterated with steroids, citing a "trail of harm." Adam Yamaguchi reports.
People with disabilities fear service cuts as DOJ questions legal protections
The Department of Justice in June issued a legal opinion saying states aren't required to provide services that help people with disabilities remain in their homes.
Senate committee advances Dr. Erica Schwartz to be Trump's CDC director
If confirmed by the full Senate, Dr. Erica Schwartz would become the 22nd director of the Atlanta-based Centers for Disease Control and Prevention.
Millions of kids have caffeine in their diet. It's not all coming from soda.
On any given day, kids consume an average of 19.4 milligrams of caffeine, which is about two-thirds of what's in a can of Coke, according to a new report.
Extended Interview: Jay Bhattacharya
Rob Gutman speaks with Jay Bhattacharya, director of the National Institutes of Health and acting director of the CDC, about Dr. Anthony Fauci's actions during the pandemic, the possible origins of COVID-19, vaccines and more.
World
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Russian strikes on Kyiv kill 9, injure at least 27, officials say
Kyiv said the strikes had killed four people, and the city's mayor reported 15 people, including two boys aged 13 and 17, were wounded and transported to hospital.
FIFA scraps its World Cup investment plan after backlash
FIFA is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
First on CBS
U.S., Israel preparing to bombard energy-related targets in Iran, sources say
The U.S. and Israel plan to hit Iran's energy infrastructure as soon as this weekend, although no final decision has been made, sources familiar with the matter told CBS News.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Entertainment
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Entertainment
"Spider-Man: Brand New Day" swings into theaters
Just weeks after "Supergirl" underperformed at the box office, the ninth live-action Spider-Man film since 2002 is expected to premiere with a projected global opening of as much as $465 million. Marlow Stern, chief correspondent at Variety, joins CBS News to discuss.
From the archives: Spider-Man creator Stan Lee
The creator of such superheroes as Spider-Man, Iron Man, the Avengers and the Fantastic Four, Stan Lee (1922-2018) was a comic book genius whose characters made him a superhero himself to legions of fans. In this report that originally aired Jan. 17, 2016, Lee talked with "Sunday Morning" correspondent Lee Cowan about his marvelous life story that, fittingly, was published in comic-book form.
Netflix sued for allegedly losing unreleased Nicolas Cage movie
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
From the archives: "Once" songwriter Glen Hansard
Irish singer-songwriter Glen Hansard, an Oscar-winner for "Once" (which became a Tony Award-winning musical), died July 29, 2026 at age 56. In this March 17, 2013 "Sunday Morning" profile, Hansard talked with Anthony Mason about growing up as a street performer in Dublin, and his meteoric rise to fame as a member of the rock band The Frames and (with Markéta Irglová) half of the duo The Swell Season. Also: A web extra featuring Hansard busking on the streets of New York City.
Actor Jared Leto facing allegations
Actor Jared Leto is facing allegations of criminal sexual conduct, which he has denied. In a new BBC documentary, four women accuse Leto of targeting them when they were underage. Lilia Luciano has the latest.
Technology
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Technology
Anthropic claims its AI models went rogue
Anthropic claims its artificial intelligence models went rogue during testing and hacked into three other companies. Less than two weeks ago, OpenAI reported a similar incident for one of its models. Stephen Witt, author of "The Thinking Machine," joins to unpack the situation.
Trump blames Minnesota for water cyberattack
The U.S. government is investigating whether Iran is behind a cyberattack on water systems in seven states. In Minnesota alone, more than 30 community water systems were impacted. CBS News homeland security correspondent Nicole Sganga has the details.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Families sue Meta, Snapchat, TikTok, YouTube over deaths of 4 teens
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Is Iran targeting the U.S. water supply?
Investigators are examining whether Iran was involved with a series of cyberattacks on water systems in Minnesota and other states. Nicole Sganga reports.
Science
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Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
How plants feel
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales sent to the U.S.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
SpaceX launches first rocket since IPO
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Crime
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Crime
Notes released in Nancy Guthrie case
For the first time, the Pima County Sheriff's Office released a pair of emails allegedly sent by Nancy Guthrie's kidnapper, who said she had died shortly after she had been abducted. Tom Hanson reports.
Nancy Guthrie ransom notes released
Possible ransom notes released by the Pima County Sheriff's Department in the hopes of identifying Nancy Guthrie's kidnapper or kidnappers include specific details about Guthrie's white Apple Watch and allege that she died unexpectedly of a medical condition and "is buried in nature." CBS News' Anna Schecter breaks it down.
Epstein survivor calls Blanche "walking perjury"
Survivors of convicted sex offender Jeffrey Epstein's abuse were on Capitol Hill this week lobbying senators to reject Todd Blanche's nomination for attorney general. One survivor, Dani Bensky, joins "The Takeout" to discuss her concerns about Blanche.
Brother of slain cartel leader "El Mencho" pleads guilty to U.S. drug charges
Antonio Oseguera Cervantes worked for cartels with his brother Nemesio Rubén Oseguera Cervantes, the drug lord known as "El Mencho," according to federal prosecutors.
Nancy Guthrie ransom notes are released, including message saying she died
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second, a few days later, says, "She is buried in nature now."
Space
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Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Some migrants go back after crossing into Spain
According to the president of Ceuta, 60,000 migrants have flooded the small Spanish territory from Morocco since Thursday. Most voluntarily left the territory amid shortages of food, water and shelter, but thousands remained. Spain's prime minister called it an attack. Aiden Stretch reports from Ceuta, Spain.
Stranger gifts a boy with a piano
Back in 2023, a stranger gifted a boy with autism a piano after seeing his story on the local news. Now, the stranger is more like family, and the boy is dazzling the world with his music. Steve Hartman goes "On the Road" revisiting Jude's story.
Oil giants see profits surge amid Iran war
America's biggest oil companies are reporting massive profits as the Iran war continues to disrupt global energy supplies. CBS News business contributor Javier David joins with analysis.
DOJ dismisses indictment over Reflecting Pool
The U.S. government dismissed the felony indictment against David Hearn, the former Olympian accused of damaging the Reflecting Pool of the National Mall.
Trump blames cyber attacks on Minnesota
President Trump took his Cabinet meeting on the road to Camp David on Friday, where he downplayed cyberattacks on Minnesota water systems that U.S. officials suspect were linked to Iran. Nancy Cordes reports.