Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The S & P 500 was up for the fourth straight session Friday, which would lock in back-to-back positive weeks. The index was trading less than 1% below its…
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, after Wall Street gained on hopes the Federal Reserve could cut interest rates next week following weaker-than-expected jobs data. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with 47,000 additions…
If OpenAI’s internal drama were a Netflix series, CNBC’s Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode. On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a “code red” inside the company that suggests OpenAI fears…
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones,…
After years of largely trading together, stocks related to artificial intelligence and the data center are starting to move in different directions, CNBC’s Jim Cramer said. “The Google complex cohort roared while the OpenAI complex got hammered. Meanwhile, the hyperscalers with great balance sheets held up much better than the ones with strained balance sheets,”…
In this year’s flurry of massive artificial intelligence deals – for which a couple of billion dollars is pocket change – Nvidia ‘s announcement on Monday of a $2 billion investment to expand its long-time partnership with Synopsys might seem just incremental. Not so, asserted Nvidia CEO Jensen Huang, in an interview with Jim Cramer…
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 : Stocks are higher on Wednesday, extending the S & P 500 ‘s win streak to three days and the recent rebound to more…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were mixed on Tuesday, with the S & P 500 and Dow Jones Industrial Average up and the Nasdaq Composite down slightly, with Big Tech names under pressure….
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent and hopes of a Fed rate cut. Optimism about Alphabet’s…
A Broadcom circuit board for chip testing is pictured during a lab tour as Broadcom prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom shares rallied 11.1% on Monday, making it the S&P 500’s top performer of the day, as…
