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.
Trump touts American "golden age", attacks communism in July 4th speech
In a speech delayed by a two-hour evacuation of the National Mall due to severe weather, President Trump mixed politics with history.
Rep. Nancy Pelosi's husband suspected in California hit-and-run
Paul Pelosi, the husband of former House Speaker Nancy Pelosi, is suspected of crashing into a parked car and driving away from the scene Friday afternoon in Northern California
8 people, including 4 children, injured in July 4th shooting
A 21-year-old female is in critical condition, and 4 of the injured are juveniles between the ages of 6 and 14, according to he police.
Live
Massive funeral for slain supreme leader enters second day
The dayslong funeral for Ayatollah Ali Khamenei, who was killed in February by U.S.-Israeli strikes, has been marked by chants for revenge.
Heat and severe storms damper July 4th celebrations, leave thousands without power
While millions of Americans across the Northeast experienced record-setting temperatures, thunderstorms in the Midwest downed trees, ruptured power lines and made transportation treacherous.
Weather woes impact July 4th celebrations as National Mall briefly evacuated
Americans celebrated 250 years of independence this Fourth of July, although severe weather put a damper on the proceedings in several parts of the country.
Pope Leo spends July 4th at migrant cemetery in Italy, meets with U.S. ambassador
After the pope's visit to the Sicilian island of Lampedusa, the U.S. Embassy said the ambassador to the Holy See gave Leo a commemorative baseball, an apple pie and a U.S. World Cup jersey.
Taylor Swift and Travis Kelce married in ceremony officiated by Adam Sandler
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Joey Chestnut wins Nathan's Hot Dog Eating Contest, Miki Sudo is women's champion
Reigning champion Joey Chestnut ate 66 hot dogs and buns to win the 2026 Nathan's Famous Hot Dog Eating Contest while Miki Sudo ate 38 3/4 to win the women's competition.
U.S.
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8 people, including 4 children, injured in July 4th shooting
A 21-year-old woman is in critical condition, and 4 of the injured are juveniles between the ages of 6 and 14, according to he police.
Pope Leo spends July 4th at migrant cemetery in Italy, meets with U.S. ambassador
After the pope's visit to the Sicilian island of Lampedusa, the U.S. Embassy said the ambassador to the Holy See gave Leo a commemorative baseball, an apple pie and a U.S. World Cup jersey.
Heat and severe storms damper July 4th celebrations, leave thousands without power
While millions of Americans across the Northeast experienced record-setting temperatures, thunderstorms in the Midwest downed trees, ruptured power lines and made transportation treacherous.
DNA technology leads to identification of Revolutionary War soldier
The remains of a Revolutionary War soldier were identified as a young man from Maryland just before America's 250th anniversary.
Serena Williams withdraws from Wimbledon doubles match with sister Venus
Serena Williams cited a knee injury behind her decision to withdraw from a doubles match at Wimbledon.
MoneyWatch
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More than 100,000 fireworks recalled ahead of July 4
Federal safety regulators are urging consumers to stop using the recalled fireworks and return them for a full refund.
How to save money on air conditioning as electric bills climb
As Americans endure another bout of extreme heat, experts say small thermostat adjustments and other energy-saving steps can help reduce soaring cooling costs.
Here's who won — and lost — under Trump's "big, beautiful bill"
A year after President Trump signed the sweeping tax and spending package, its effects on households, businesses and federal programs are increasingly evident.
U.S. says it's monitoring oil markets for price-fixing, urges states to do same
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
What's open and closed on July 3 and July 4? See which stores are operating.
Major retail stores will be open on Friday, although some may have modified hours on Saturday, July 4.
Politics
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Trump touts American "golden age", attacks communism in July 4th speech
In a speech delayed by a two-hour evacuation of the National Mall due to severe weather, President Trump mixed politics with history.
6 presidential speeches that shaped American history
These six presidential speeches are some that have most reverberated through the ages, and whose impacts are still felt today.
Trump warns of "communist menace" in speech at Mount Rushmore
The president kicked off America's 250th anniversary celebrations with a speech at Mount Rushmore where he warned of a resurgence in communism.
Trump announces pardons for pollution violators prosecuted for "fixing their car"
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
HealthWatch
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1 symptom leads to dad's cancer diagnosis: "I was like, 'Wait, what?'"
Eric Dillon thought the pain in his shoulder was a minor injury. It took two years to get the real answer.
Why tick season is expected to be worse than normal
The CDC is reporting the highest rate of emergency room visits from tick bites since 2017 in many parts of the U.S.
Investigation
What a Brooklyn bodega reveals about the craze for an experimental weight-loss drug
It isn't approved by the FDA, but we found an experimental weight-loss drug called retatrutide for sale at a local convenience store.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
World
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Pope Leo spends July 4th at migrant cemetery in Italy, meets with U.S. ambassador
After the pope's visit to the Sicilian island of Lampedusa, the U.S. Embassy said the ambassador to the Holy See gave Leo a commemorative baseball, an apple pie and a U.S. World Cup jersey.
Egypt uncovers lost Byzantine-era city in the western desert
The fourth-century residential city in the western desert is one of two major archaeological finds announced by Egypt on Saturday.
Prince Harry to travel solo to London amid security flap
Meghan and his children may eventually join him on the rest of the trip outside London, the source said.
Trump gifted lavish ring from Belgian diamond group that won tariff relief
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
Prince William appears on "New Heights" podcast ahead of Swift-Kelce wedding
Prince William will appear on the podcast hosted by Jason and Travis Kelce just hours before Travis Kelce and Taylor Swift's anticipated wedding.
Entertainment
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Entertainment
Punch Brothers' "Song of the Water Kelpie (unsung)"
Bluegrass band Punch Brothers was formed by mandolinist Chris Thile in 2006. Their upcoming all-instrumental album, "The Unsung Adventures of Punch Brothers," will be released on July 24. Here's Punch Brothers performing "Song of the Water Kelpie (unsung)."
Taylor and Travis say yes at MSG
The vows have been exchanged, the party is over, and slowly, details are emerging about Taylor Swift and Travis Kelce's wedding. Lilia Luciano reports.
Are drones the new fireworks?
While many in the U.S. light fireworks on the Fourth of July, some towns are turning to drones as a cleaner, quieter alternative. Mark Strassmann gets a preview in Texas.
Punch Brothers play "This Land Is Your Land"
Bluegrass band Punch Brothers was formed by mandolinist Chris Thile in 2006. In celebration of the Fourth of July, here's Punch Brothers performing their cover of Woody Guthrie's classic song, "This Land Is Your Land."
Taylor Swift and Travis Kelce tie the knot
Taylor Swift and Travis Kelce were married at Madison Square Garden in New York City on Friday. Comedian Adam Sandler officiated the ceremony, a representative for Swift confirmed. Jo Ling Kent has more details.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
Crime
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Rep. Nancy Pelosi's husband suspected in Napa County hit-and-run
Paul Pelosi, the husband of former House Speaker Nancy Pelosi, is suspected of crashing into a parked car and driving away from the scene Friday afternoon in Northern California.
Trump announces 6 new pardons
The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.
Trump considering pardons and clemency
President Trump is considering pardons for a group of people convicted of emissions and clean-air-related violations and has discussed potential clemency for Sean "Diddy" Combs, according to sources familiar with his plans. CBS News' Nikole Killion reports.
Trump weighing Diddy clemency, sources say
President Trump is considering pardons for a slew of individuals, including potential clemency for disgraced music mogul Sean "Diddy" Combs and some offenders with pollution-related convictions, sources say. CBS News' Olivia Rinaldi reports.
Olympian charged over alleged D.C. vandalism
U.S. Olympian David Hearn is facing a felony charge after being accused of vandalizing the Lincoln Memorial Reflecting Pool. CBS News senior Justice Department reporter Sarah Lynch has the details.
Space
More Space
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Latest Galleries
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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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Trump speaks at Freedom 250 event
President Trump spoke in Washington, D.C., at the "Salute to America" Freedom 250 event on the Fourth of July. He highlighted veterans, the Artemis II crew, an early version of the American flag and more in his speech.
Punch Brothers' "Song of the Water Kelpie (unsung)"
Bluegrass band Punch Brothers was formed by mandolinist Chris Thile in 2006. Their upcoming all-instrumental album, "The Unsung Adventures of Punch Brothers," will be released on July 24. Here's Punch Brothers performing "Song of the Water Kelpie (unsung)."
Relay for America runs flag across U.S.
Relay for America ran the American flag from San Francisco to Washington, D.C., this week to commemorate America's 250th birthday. They did it nonstop for 20 days and nights for more than 3,000 miles on a mission of unity heading to the Fourth of July. Tony Dokoupil has the story.
Taylor and Travis say yes at MSG
The vows have been exchanged, the party is over, and slowly, details are emerging about Taylor Swift and Travis Kelce's wedding. Lilia Luciano reports.
Are drones the new fireworks?
While many in the U.S. light fireworks on the Fourth of July, some towns are turning to drones as a cleaner, quieter alternative. Mark Strassmann gets a preview in Texas.