Morgan Stanley’s office in Canary Wharf financial district on Jan. 30, 2025 in London, UK. Mike Kemp | In Pictures | Getty Images Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts,…
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 Thursday’s key moments. 1. The stock market was lower Thursday, with the S & P 500 and Nasdaq both retreating from their previous record-high closes. This comes after Wednesday’s furious rally in the…
Roundhill Investments resurrected an exchange-traded fund focused on meme stocks on Wednesday, aiming to give everyday investors a simple way to play the new class of buzzy-yet-volatile stocks. But if history repeats itself, that could signal the trade — and broader market — is already losing its steam. Roundhill said the Meme Stock ETF, which…
In a interview Wednesday with CNBC’s Jim Cramer, CoreWeave CEO Michael Intrator brushed off concerns that the company’s deals with other artificial intelligence giants are circular investments, saying such a narrative is “fundamentally flawed.” “The reality of the situation is, really large, really important technology companies across the space are buying infrastructure to deliver it…
Nvidia CEO Jensen Huang joined CNBC’s Jim Cramer for a special Investing Club interview on Tuesday at the New York Stock Exchange. With dozens of Club members in attendance for our October Monthly Meeting, Jensen answered questions about Nvidia’s most important partnerships, including Oracle , Intel , CoreWeave , and OpenAI. Here is a rapid-fire…
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March. Courtesy of CNBC Bridgewater Associates founder Ray Dalio said investors should allocate as much as 15% of their portfolios to gold even as the precious metal surged to an all-time high above $4,000 an ounce. “Gold is a very excellent diversifier in the…
CNBC’s Jim Cramer opined on the accelerating artificial intelligence arms race, saying OpenAI’s latest deal with chipmaker AMD makes the ChatGPT owner more competitive. “The hyperscalers are all vulnerable if OpenAI gets this computing power,” he said. “And given the number of chips it’s buying, I think this company can go after everybody’s business.” The…
Traders work on the floor of the New York Stock Exchange. NYSE Shares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 4% in the premarket after The Wall Street Journal, citing sources, reported that the company was nearing a deal for a $2 billion stake in Polymarket. The deal is expected to…
