CNBC Tech - Gaming

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1. Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty

   Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.

2. DoorDash pops 12% on strong earnings, upbeat order growth guidance

   DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.

3. Cramer: Investors' selling Microsoft stock to fund flashier AI picks won't last forever

   Jim Cramer says the Club still owns Microsoft. "I just don't think that they're going to sit there and let this happen."

4. Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows

   Elon Musk's giant Terafab facility in Texas could cost up to $119 billion, with hopes of manufacturing chips for Tesla, SpaceX and xAI

5. This AI stock was left for dead. Now traders are betting big on a comeback

   Options volumes skew bullish in the stock.

6. Anthropic, SpaceX announce compute deal that includes space development

   Anthropic has signed a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.

7. Jim Cramer warns this stock may have run up too much ahead of earnings

   The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

8. AMD's Su explains what's behind massive forecast change as stock roars 19% on earnings

   CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.

9. Peace hopes, Disney earnings, dismantling Spirit Airlines and more in Morning Squawk

   Here are five key things investors need to know to start the trading day.

10. Apple's R&D investments top 10% of sales as AI race creates 'sense of urgency'

    Apple’s R&D spending has crossed 10% of revenue for the first time in at least 30 years, and increased twice as fast as sales in the latest quarter.