CNBC’s Jim Cramer said that he’s not worried about the market taking a breather because the artificial intelligence boom remains powerful enough to keep driving stocks higher. All three major indexes closed lower Thursday after the tech-heavy Nasdaq Composite and S&P 500 hit intraday highs earlier in the session. The Dow Jones Industrial Average shed…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced a partnership with semiconductor giant Nvidia. Nvidia and IREN will deploy up to 5 gigawatts of the chip maker’s DSX-branded infrastructure designs intended to…
The investment story for Corning looks even sweeter in the wake of Jim Cramer’s sit-down with CEO Wendell Weeks on “Mad Money” on Thursday night. One day after Corning’s blockbuster optical partnership with Nvidia , Weeks shed some more light on the company’s new supply agreements with two unnamed hyperscalers. Corning first disclosed these along…
Michael Intrator, co-founder and chief executive officer of CoreWeave Inc., at the Bloomberg Tech summit in London, UK, on Tuesday, Oct. 21, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images CoreWeave shares tumbled 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue guidance and increased its 2026 capital spending…
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images The European Union is considering rules that would restrict its member governments’ use of U.S. cloud providers to handle sensitive data, sources familiar with the talks told CNBC. The European Commission…
Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…
Evan Spiegel, co-founder and CEO of Snap, during the Axios Media Trends Live event in New York, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday and provided cautious sales guidance while revealing it no longer has a…
Avishek Das | Lightrocket | Getty Images DoorDash reported mixed first-quarter results after the bell on Wednesday as it pours more money into new technology and features. Shares popped 14% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: 42 cents vs. 36 cents expected Revenue: $4.04 billion vs. $4.14…
Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic on Wednesday announced a deal with Elon Musk’s SpaceX to use all of the compute capacity at his company’s Colossus 1 data center in Memphis,…
