There was no shortage of setbacks for stocks last week. Surprising economic data, another batch of earnings, and an intensifying conflict in the Middle East all combined to move the market, mostly downward. The S & P 500 closed out Friday with a weekly loss of 2% as the broad-market index flipped between the positive…
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb….
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images South Korea’s Kospi jumped over 12% Thursday, staging a sharp rebound from its worst session, and on course to clock its best day, data from LSEG showed. Index heavyweights…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom. Here’s how the company performed…
Apple introduces iPhone 17e Source: Apple Inc. Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push. The headline device is the new iPhone 17e, a budget model in the iPhone 17 lineup…
Thick plumes of smoke rise over the residential areas of the Iranian capital following airstrikes amid ongoing U.S.â”Israel attacks as multiple explosions are heard across the city in Tehran, Iran on March 01, 2026. Fatemeh Bahrami/ | Anadolu | Getty Images We hear it all the time on CNBC — markets hate uncertainty, and the…
Monday brings the first trading day of March on Wall Street, after the S & P 500 lost roughly 1% in February and remained only modestly positive year to date. The U.S.-Israeli attack on Iran over the weekend figures to ripple through financial markets in the week ahead. It was already going to be a…
In the first two months of 2026, generative artificial intelligence has undergone a rapid scaling of capabilities, going from chatbot to full-blown executive assistant and triggering an indiscriminate sell-off across sectors, hitting software, legal, insurance and cybersecurity stocks. “AI just went through its third inflection,” Nvidia CEO Jensen Huang told CNBC’s Becky Quick on Wednesday….
Stocks swung wildly last week as investors wrestled with the impact of artificial intelligence on various sectors and the overall economy. This coming week is a wildcard after the U.S. and Israel attacked Iran. President Donald Trump said Saturday that “major combat operations” in Iran started overnight, with American and Israeli strikes on military and…
On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen…
