A massive market snapback on Friday couldn’t erase all of the week’s damage. After several days of selling, the tech sector roared back, with the Nasdaq gaining over 2% on Friday. Chipmakers Nvidia and Broadcom led the way, with gains of 7.8% and 7.2%, respectively. The broad-based S & P 500 rose nearly 2% in…
Actor Austin Butler attends the 16th Governors Awards at the Ray Dolby Ballroom at Ovation Hollywood in Los Angeles, Nov. 16, 2025. Valerie Macon | AFP | Getty Images With an affordability crisis taking hold, financial stability is in fashion. Whether it’s wearing a quarter-zip sweater or the latest “401(k) mullet” hairstyle, young men, especially,…
Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. “There’s nothing going on in the marketplace that should have necessitated this type of a crash,” Anthony Scaramucci, founder and managing partner of alternative…
CNBC’s Jim Cramer on Friday outlined what to watch in Wall Street’s week ahead, from key labor data to big earnings reports from McDonald’s, Robinhood and others. “There’s a lot going on next week, but the most important thing, believe it or not, is the Labor Department’s nonfarm payroll report on Wednesday,” Cramer said. “If…
Jim Cramer is urging Amazon investors to remain patient and trust the cloud and e-commerce company’s massive spending strategy despite the evident risks it poses to profits. “I have total faith,” Jim said on Friday’s “Squawk on the Street.” “[Amazon CEO Andy Jassy] knows how to do this. So, I believe, and I’m not bolting.”…
Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclusively. The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific…
Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled…
Larry Fink, Chairman and CEO of BlackRock, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 15, 2026. Brendan McDermid | Reuters BlackRock CEO Larry Fink and Reliance Industries Chairman Mukesh Ambani want Indians to invest in the country’s equity markets instead…
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token. Bitcoin traded at about $74,500 at its bottom on Monday – its…
U.S. President Donald Trump delivers remarks before signing an executive order in the Oval Office of the White House on Jan. 30, 2026 in Washington, DC. Alex Wong | Getty Images Shares of U.S.-listed rare earth miners jumped Monday after news that President Donald Trump is preparing a sweeping plan to build a strategic stockpile…
