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.
Live
Iran strikes U.S. jets after Trump promises war to end after midterms
Sources tell CBS News U.S. jets on a base in Jordan were hit by Iranian missiles after President Trump said the war will end "immediately" after midterms.
Trump pitches $5,000 checks, but only if GOP wins House and Senate
President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of Congress. He didn't offer details on how the payments would work.
Exclusive
Gold Star family calls on Army to release probe of deadly attack on Kuwait base
Six Americans were killed in the March 1 strike on a tactical operations center in Kuwait.
Afghan girls who study in secret want you to read their "letters to the world"
21 Afghan girls, bravely defying the Taliban by continuing to study, handed CBS News letters containing their stifled, often humble dreams "for an ordinary life."
Lawsuit seeks to block deployment of ICE, federal agents to polling sites
A coalition of advocacy groups and a Democratic-led city filed a preemptive lawsuit seeking to block the Trump administration from deploying armed ICE agents to polling sites ahead of the midterm elections.
U.S. military aircraft damaged in Iranian strikes on base in Jordan, sources say
One A-10 Thunderbolt, an attack aircraft known as the Warthog, was struck and lost a wing, according to sources.
Explore NYC's transformation since 9/11 through satellite images, personal accounts
An in-depth look at how 9/11 has changed Lower Manhattan and beyond, 25 years after the World Trade Center attacks.
Fetterman appears at RNC midterm convention in surprise video
Democratic Sen. John Fetterman appeared in a surprise video at the Republican Party's midterm convention on Wednesday, as he becomes increasingly isolated from his own party.
Exclusive
Dolly Parton's sister shares why country music star kept her cancer battle private
Dolly Parton died in Nashville on Aug. 25 at the age of 80 — a shock to fans around the world who weren't aware of her illness.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Exclusive
Gold Star family calls on Army to release probe of deadly attack on Kuwait base
Six Americans were killed in the March 1 strike on a tactical operations center in Kuwait.
Lawsuit seeks to block deployment of ICE, federal agents to polling sites
A coalition of advocacy groups and a Democratic-led city filed a preemptive lawsuit seeking to block the Trump administration from deploying armed ICE agents to polling sites ahead of the midterm elections.
Multiple U.S. military aircraft damaged in Iranian strikes on base in Jordan, sources say
One A-10 Thunderbolt, an attack aircraft known as the Warthog, was struck and lost a wing, according to sources.
U.S. destroys another alleged drug boat as Rubio defends deadly strikes
Since Trump returned to power, the U.S. has conducted airstrikes against boats in the Caribbean and eastern Pacific, killing more than 200 people.
MoneyWatch
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Humans "close to being outsmarted" by superintelligence, AI expert says
Rapid developments in AI are prompting concerns about "superintelligence." Here's why some experts are worried.
Feds to buy up to $6 billion in Treasury bonds. Here's why.
Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
Apple unveils new foldable iPhone and more new devices
Apple introduced the iPhone 18 at its annual tech showcase and unveiled its first foldable phone.
Anthropic researcher says more than 10% chance AI "could kill all humans"
A top Anthropic researcher says there's more than a 10% chance AI "could kill all humans," after a colleague resigned over similar concerns.
Trump administration to ban some Canadian motorcycles, dairy, alcohol
The Trump administration moved Tuesday to ban imports of Canadian motorcycles, some dairy products and most types of alcohol starting later this month, intensifying the trade war between the two countries.
Politics
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Exclusive
Gold Star family calls on Army to release probe of deadly attack on Kuwait base
Six Americans were killed in the March 1 strike on a tactical operations center in Kuwait.
Lawsuit seeks to block deployment of ICE, federal agents to polling sites
A coalition of advocacy groups and a Democratic-led city filed a preemptive lawsuit seeking to block the Trump administration from deploying armed ICE agents to polling sites ahead of the midterm elections.
U.S. destroys another alleged drug boat as Rubio defends deadly strikes
Since Trump returned to power, the U.S. has conducted airstrikes against boats in the Caribbean and eastern Pacific, killing more than 200 people.
Trump jokes about trying to "redo" huge Luka Dončić trade in Dallas speech
President Trump's speech at the Republican National Committee convention touched on the polarizing NBA trade that sent superstar guard Luka Dončić from the Mavericks to the Lakers.
Trump pitches $5,000 checks, but only if GOP wins House and Senate
President Trump vowed Wednesday to send a $5,000 "dividend" to every American citizen after the midterms, but only if Republicans hold onto control of Congress. He didn't offer details on how the payments would work.
HealthWatch
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Coroner releases details on 2 infant deaths in Pennsylvania measles outbreak
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
How donating blood could reveal clues about your own health
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
A generation of kids suffers as Trump destabilizes immigrant families
Children in immigrant families are facing multiple health threats from President Trump's policies.
NYC officials release unseen post-9/11 air quality documents
New York City officials released thousands of previously unseen documents questioning the air quality at Ground Zero following the 9/11 attacks.
What is postpartum psychosis?
Experts discuss the symptoms, diagnosis and stigma surrounding postpartum psychosis (not to be confused with postpartum depression), a psychiatric emergency with symptoms that can be extreme and dangerous, as testified in the trial of Lindsay Clancy.
World
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Spain's spy agency warned of Ceuta border breach plans before crisis, declassified files show
Spain's national intelligence agency issued multiple warnings about a potential mass crossing of migrants from Morocco into the Spanish exclave of Ceuta, declassified documents show.
20 dead, several missing after fire on cargo ship in Chinese port
At least 20 people were killed and five were missing after a cargo ship caught fire while docked in a Chinese port, Chinese state media reported.
Multiple U.S. military aircraft damaged in Iranian strikes on base in Jordan, sources say
One A-10 Thunderbolt, an attack aircraft known as the Warthog, was struck and lost a wing, according to sources.
Fire on ferry off Philippines leaves dozens missing, kills several
A fire on a passenger ferry off the western Philippines left dozens of people missing and killed at least five. An intense and widespread search was on for the unaccounted for.
Barry Melrose, prominent NHL player, coach and broadcaster, dies at 70
Barry Melrose, a hockey player-turned-coach who led the Los Angeles Kings to the 1993 Stanley Cup Final before going on to a long career in broadcasting the sport, has died at 70.
Entertainment
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Entertainment
Fashion designer Romeo Hunte shares new pieces
Fashion designer Romeo Hunte joins "The Daily Report" to discuss pieces in his new collection as New York Fashion Week kicks off.
Dolly Parton's sister on the private funeral
Two weeks after her death at 80, a new song from Dolly Parton was released called "Bound to Ride," as part of an upcoming tribute album to the Stanley Brothers. Gayle King spoke exclusively with Dolly Parton's younger sister in an interview that will air on "CBS Mornings" on Thursday.
New documentary profiles 9/11 generation
A new Netflix documentary is out about those who were children in the wake of the 9/11 attacks. "Turning Point: Generation 9/11" profiles people whose parents died on that day, as well as soldiers who joined the military because of 9/11. Director Brian Knappenberger joins "The Takeout" to discuss the making of the film.
Alice Cooper, Joe Perry on Hollywood Vampires
Rock stars Alice Cooper and Joe Perry of Aerosmith formed the supergroup Hollywood Vampires. They join "CBS News 24/7 Mornings" to discuss how the band came together.
Insider details on New York Fasion Week
New York Fashion Week kicks off this week showing the Spring collections. Lauren Sherman has more on what to expect.
Technology
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Technology
Apple launches its first foldable phone
Apple unveiled its first foldable iPhone on Wednesday, weeks after new CEO John Ternus took over. Jo Ling Kent reports.
Another Anthropic model gained access to open internet during testing
Anthropic announced a fourth cybersecurity incident in which Claude gained access to the open internet during testing.
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.
Apple announces iPhone 18 Pro, iPhone Duo
Apple's new CEO, John Ternus, led a special event on Wednesday announcing the release of new products, including the first foldable iPhone. CBS News contributor Patrick McGee breaks it down.
Anthropic researcher comments fuel AI fears
A lead researcher at Anthropic said "AI could kill all humans" on Tuesday, giving it a more than 10% chance within the next decade. The call now is for a global conversation about risk and safety. Jo Ling Kent has more from Silicon Valley, and Tristan Harris, co-founder of the Center for Humane Technology, goes deeper.
Science
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Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
Video shows attempted murder in Ohio
A potential killing was caught on camera in Ohio and was revealed at the trial of a man found guilty of attempting to shoot his wife in a crowded restaurant. Mark Strassmann reports.
Lindsay Clancy Mistrial: Reddington Weighs In
In the wake of the mistrial in the Lindsay Clancy murder case, CBS News correspondent Shanelle Kaul and WBZ-TV reporter and anchor Kristina Rex share new reporting from inside the courtroom, exclusive juror insights, and behind-the-scenes details of the dramatic final courtroom moments. Plus, we learn what's next as the Plymouth County District Attorney's Office weighs its options.
Breaking down Lindsay Clancy attorney's plans
Kevin Reddington, Lindsay Clancy's defense attorney, sat down with "CBS Mornings" on Wednesday, where he said he plans to ask for the case to be thrown out. Caroline Polisi breaks down his statements.
Lindsay Clancy's lawyer on her future
Lindsay Clancy's lawyer Kevin Reddington told "CBS Mornings" that he plans to file a motion for her case to be thrown out after her murder trial ended in a mistrial. CBS News' Shanelle Kaul reports.
Lindsay Clancy's attorney says he will ask for case to be thrown out
Kevin Reddington, the lawyer for Lindsay Clancy, said he will present a motion to dismiss on Sept. 29 at a previously scheduled status hearing.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
Latest CBS News Videos
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Hawaii, California face hurricane damage
Residents of Hawaii and Southern California are beginning to clean up the damage caused by two hurricanes passing off their coasts. Carter Evans reports.
The documents seized from bin Laden compound
Ali Soufan, who was the FBI's lead investigator of al Qaeda after the 9/11 attacks, spent years analyzing documents seized in Osama bin Laden's compound, including bin Laden's handwritten will.
Trump pitches $5,000 dividend checks
President Trump promised all Americans $5,000 dividend checks during his speech at the first GOP midterm convention on Wednesday, but there was a catch: Republicans must win the House and Senate in the 2026 midterms. Ed O'Keefe reports.
Hegseth on "devastation" to Iran's capabilities
Defense Secretary Pete Hegseth told Norah O'Donnell last month that "we have all the control in the world" on the outcome of the Iran war and touted "historic" devastation to Iran's military capabilities. O'Donnell sat down with Hegseth for a story airing on "60 Minutes" about the U.S. Air Force officer shot down in Iran in April, who survived two days in the mountains of Iran. The officer spoke exclusively to "60 Minutes" about his injuries, evasion of Iranian forces and rescue in an interview that airs Sunday at 7:30p ET/PT.
Apple launches its first foldable phone
Apple unveiled its first foldable iPhone on Wednesday, weeks after new CEO John Ternus took over. Jo Ling Kent reports.