Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: The S & P 500 initially fell on Monday after President Donald Trump announced tariffs on goods from Canada, Mexico, and China over the […]
Former OpenAI CEO Sam Altman and and Microsoft CEO Satya Nadella at OpenAI’s DevDay in San Francisco on Nov. 6, 2023. Hayden Field | CNBC OpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong. Altman posted a picture with Microsoft CEO Satya Nadella on X, and […]
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 is falling Monday in a heavily bifurcated tape, with artificial intelligence-related stocks leading the market lower as the market tries […]
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold off and were on pace to wipe out billions in market cap. Tech leaders, analysts, investors and developers say that […]
U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. Shares of chip designer Nvidiaa huge beneficiary of the AI hype, were down 13.60% at 05:52 a.m. ET ahead of the market open. Netherlands-based chip companies ASML and […]
Scuttlebutt investing, and buy and homework – two sayings coined by famous investors Philip Fisher and, of course, our own Jim Cramer. They stress the importance of knowing what you are investing in. There are many ways of going about doing the research/homework on the stocks in your portfolio. The scuttlebutt method was introduced in […]
CNBC’s Jim Cramer said next week as Wall Street launches into earnings season, he’ll be following the Federal Reserve’s meeting and earnings from a few tech giants. Investors should not to make any major moves, he advised. “Look it’s a sheer hell week. Our heads will be spinning, swivel-like, lazy Susan even, as each day […]
US President Joe Biden, left, and Antony Blinken, US secretary of state, speak on the ceasefire deal between Israel and Hamas, in the Cross Hall of the White House in Washington, DC, US, on Wednesday, Jan. 15, 2025. Israel and Hamas agreed to a ceasefire deal, bringing at least a temporary halt to the war […]
D-Wave Systems Inc. logo of a Canadian quantum computing company is seen on a smartphone screen. Pavlo Gonchar | Lightrocket | Getty Images Quantum computing stocks rallied Wednesday, spurred by a directive from Microsoft urging businesses to get “quantum-ready” in 2025, and as investors returned to “risk on” trades after December core inflation came in […]
Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance […]
