As investors digested the highly-anticipated earnings report from Nvidia, CNBC’s Jim Cramer rejected the notion of a looming artificial intelligence bubble, saying the massive AI spend across Big Tech is worthwhile. “I don’t care about the seemingly sky-high market capitalization that these stocks have. I’m simply trying to put a valuation on a company that…
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded largely lower Thursday as investors await the Bank of Korea policy decision. Japan’s Nikkei 225 slid 0.52%, while the Topix tumbled 0.33%. South Korea’s…
Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world…
Susan Monarez, President Donald Trump’s nominee to be the Director of the Centers for Disease Control and Prevention (CDC), testifies during her confirmation hearing before the Senate Committee on Health, Education, Labor, and Pensions in the Dirksen Senate Office Building on June 25, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Centers for Disease…
A news ticker outside Fox News headquarters reads: Grand jury votes to indict former President Donald Trump, at the News Corporation building in New York City, U.S., March 31, 2023. Brendan Mcdermid | Reuters Google said Wednesday that it reached a short-term extension with Fox to prevent its channels from going dark on its YouTube…
Boonchai Wedmakawand | Moment | Getty Images The founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021 funding round, the Department of Justice said Wednesday. A federal grand jury in the Northern District of California indicted Abraham Shafi, 38 of Hawaii, with…
A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Prosecutors failed to obtain a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a federal officer whom President Donald Trump deployed in Washington,…
Officers set up barriers after a shooting at Annunciation Church, which is also home to a an elementary school, in Minneapolis, Minnesota, U.S. Aug. 27, 2025. Ben Brewer | Reuters A gunman killed two young children and injured 17 people gathered at Annunciation Catholic Church in Minneapolis for a service on Wednesday to mark the…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia reports fiscal second-quarter earnings on Wednesday after the bell. Here’s how Nvidia is expected to do versus LSEG consensus estimates: Earnings per share: $1.01, adjusted Revenue: $46.02 billion That would represent 53%…
Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of the teen-focused Hollister brand helped to salvage the quarter….
