Rising bond yields and oil prices put stocks under pressure this week, while another bout of volatility in the AI trade tested investors’ conviction in the market’s biggest growth theme. The S & P 500 and tech-heavy Nasdaq Composite snapped their three-week winning streaks, down roughly 1.43% and 2.05%, respectively. Meanwhile, the Dow Jones Industrial…
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. Stocks are lower on Thursday, with the S & P 500 down by about 0.5% and the Nasdaq falling about 1%. It’s the fourth down session…
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
Top researchers are jumping ship from Big Tech firms like Meta and Google to launch startups and raise huge funding rounds in the process, as investors bet big on the commercial potential of early-stage AI labs. Amid colossal spending on AI, many of these new startups are raising hundreds of millions within months of being…
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. Stocks were drifting higher following an initial sluggish start to the week. Some semis and other AI infrastructure stocks were giving back some gains after their…
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies, hours after the chip behemoth issued an upbeat sales forecast on…
My top 10 things to watch Wednesday, Feb. 18 1. Meta commits to buying millions of Nvidia chips for its AI data centers. It’s kind of like the old days when all of the hyperscalers clamored for Nvidia’s chips. The long knives had been out for Nvidia, but shares added almost 2% this morning. Meta was flat….
OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind…
Michael Moritz, Sequoia Capital Scott Mlyn | CNBC Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. “Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.” Moritz, who spent decades at Sequoia Capital and has…
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 in a special annual meeting edition. 1. The S & P 500 was lower Friday amid escalating tariff concerns. President Donald Trump announced a 35% tariff on some Canadian goods…
