AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks
Oracle, AMD and Microsoft are on pace for historic weeks, while Intel, Broadcom, Micron, Marvell and ON Semiconductor are all roaring in April. Source link
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Wall Street puts streaming in focus. Its future is unclear
In an aerial view, the Netflix logo is displayed above Netflix corporate offices on October 7, 2025 in Los Angeles, California. Mario Tama | Getty Images There’s a love affair on Wall Street between investors and streaming. The romance started about a decade ago when consumers began cutting the cord with cable TV bundles en…
BlackRock rips page from hedge fund playbook, applies it to ETFs
BlackRock is applying hedge fund strategies to its exchange-traded fund business. Jeffrey Rosenberg, the firm’s senior portfolio manager on the systemic fixed income team, has a leading role in the firm’s liquid alternatives ETFs — which use a long-short strategy in ETF wrappers. He contends the strategy provides valuable diversification amid the recent breakdown in…
Big Tech fined more than $7 billion by EU in past two years
The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone of…
Alphabet, Meta, Amazon, Nvidia lead tech rally after Iran ceasefire
Jakub Porzycki | Nurphoto | Getty Images U.S. stocks soared on Wednesday after President Donald Trump announced a two-week ceasefire with Iran, and beaten-down tech names shared in the rally. Meta, Amazon, Alphabet and Nvidia led the way among the Magnificent 7 names. Chipmakers also soared, with Taiwan Semiconductor Manufacturing Co. gaining 7% and ASML,…
Apple shares sink on report of foldable iPhone delays
Shares of Apple fell Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones. “Apple and the supply chain are working under a pressured timeline and the current solutions are not enough to completely solve the engineering challenges. … More time is needed,” a person familiar with the situation…
Working 24/7 on Middle East services after drone strikes
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate Rooney…
Jim Cramer sees a buying opportunity in this tech giant — plus, a name he may trim
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 Tuesday’s key moments. 1. Stocks fell Tuesday as investors lose hope for a ceasefire that depends on whether U.S. and Iran reach an agreement to reopen the Strait of Hormuz. President Donald Trump threatened…
AI layoffs hit U.S. but not China jobs — yet
College students look for employment opportunities at the Large-scale Recruitment Fair for Science and Engineering Universities on March 24, 2026 in Harbin, China. Tyne Chin | Getty Images News | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of…
Jim Cramer says potential stock market bottom is tied to interest rates, not war headlines
CNBC’s Jim Cramer said investors shouldn’t get comfortable calling a market bottom just yet, because the real driver of this market isn’t geopolitics – its interest rates. On Monday, Cramer noted that the S&P 500 may have bottomed last Monday, March 30, but emphasized that the turning point wasn’t “anything related to stocks themselves,” during…