Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of…
AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial Average and S & P 500 both touching record highs. The blue-chip index closed at a…
Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while…
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. The Federal Reserve left interest rates unchanged on Wednesday afternoon after the conclusion of its July meeting . Unlike recent meetings when markets had a strong…
It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock jumped 11% in extended trading. Here’s how the chipmaker did versus LSEG consensus estimates Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus $14.42…
Another superb week for stocks is in the books. The S & P 500 and Nasdaq rallied on Friday to close out the week at a record high as Wall Street celebrated another solid batch of earnings and a strong-but-not-too-strong jobs report, while holding out hope for an end to the hostilities in the Mideast….
Cybersecurity and enterprise software stocks have been market dogs since the start of 2026, with fears that AI will wipe out a wide range of companies in the enterprise space dominating the narrative. But they snapped a brutal losing streak this past week, joining in the broader market rally that saw all losses from the…
Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic on Tuesday announced an advanced artificial intelligence model that will roll out to a select group of companies as part of a new cybersecurity initiative called Project Glasswing. The…
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…
