CNBC’s Jim Cramer Monday cautioned investors against dumping high-quality stocks in a market he says is being driven more by fear rather than fundamentals. “Stocks go down for all sorts of reasons, some good, some bad. Lately we’ve had a lot of bad, and tonight I want to straighten some things out,” Cramer said on…
The ripple effects of the war in Iran are ever-widening. Soaring oil prices continued to put pressure on stocks last week, with the Dow and Nasdaq slipping into correction territory, defined by declines of 10% or more from record highs. The Dow and Nasdaq sank 1.7% and nearly 2.2%, respectively, on Friday and just about…
Omar Marques | Lightrocket | Getty Images Cybersecurity stocks slumped on Friday following a report that Anthropic is testing a powerful new artificial intelligence model that is more advanced in cyber capabilities and also presents potential security risks. Fortune first reported the news on Thursday, citing information from a publicly accessible draft blog post. According…
D3sign | Moment | Getty Images Bots have taken over the internet. The State of AI Traffic report released Thursday by Human Security, a cybersecurity firm, showed that artificial intelligence and bots have officially eclipsed human users. “The internet as a whole was created with this very basic notion that there’s a human being on…
The Iran war-driven spike in oil prices crushed stocks last week, culminating in the S & P 500 ‘s first three-week losing streak in roughly a year. There was little place to hide, with nine of the 11 S & P 500 sector indexes lower for the week. Not surprisingly, energy and utilities were winners. Brent…
Four years ago Kevin Mandia agreed to sell his cybersecurity company Mandiant to Google for $5.4 billion. Now he’s back in the game, with Google’s help. On Tuesday, Mandia’s new startup, Armadin, said it raised nearly $190 million, in a funding round led by Accel. Google Ventures is participating, along with firms including Kleiner Perkins,…
Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia is planning to launch an open-source platform for artificial intelligence agents called ‘NemoClaw,’ tapping into the growing popularity of the AI tools, Wired reported Tuesday. Citing…
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…
My top 10 things to watch Wednesday, March 4 1. Stock futures are pointing to a solidly higher open this morning, in contrast to yesterday’s sharp declines. The volatility of Tuesday’s session is another reminder of why investors shouldn’t flee in fraught geopolitical moments. 2. Oil gave up earlier gains and is now lower, with…
CrowdStrike delivered robust quarterly results on Tuesday, exceeding expectations across all key measures. Still, the market was wavering on whether AI would be the company’s friend or foe. We believe it’s the former. Revenue in the fiscal fourth quarter increased 23% year over year to $1.305 billion, beating the consensus estimate of $1.297 billion compiled…
