JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in the coming years. A deal that size would be the largest of Dimon’s 20-year tenure atop JPMorgan and test regulators’ appetite for consolidation among the biggest U.S. banks. “I do think there might be opportunities,…
Options traders are convinced the “SaaS-pocalypse” is over. Whether that’s true will likely depend on the market’s reaction to Salesforce earnings after the bell Wednesday. Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more than twice as many…
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend about a “social calamity” that could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think…
We are selling 30 shares of Honeywell at roughly $231.78. Following the trade, Jim Cramer’s Charitable Trust will own 390 shares of HON, decreasing its weighting in the portfolio to 2.3% from around 2.5%. We’re making a small trim of Honeywell as the stock extends its recent gains. Honeywell’s stock is now up almost 10%…
Nvidia is definitely one to watch this week. After reporting an absolute blowout last week, the Club name has traded lower. Early Tuesday, it was looking to bounce off Friday’s close of $215, before some pressure set in. Why does that matter? We know the fundamentals are as strong as ever at the AI chip…
First, welcome to all who have joined us for the first time. Your participation in the CNBC Investing Club means a great deal to us. We aspire to get it right for you, in the same way a wonderful Club member explained this weekend as we gardened together. He couldn’t believe how much he had…
It may be a holiday-shortened week of trading on Wall Street. But the four days are filled with updates on some of the market’s biggest debates: Is AI eating software? Is the American consumer OK? And what’s happening with inflation? Let’s get into it. 1. Earnings: Salesforce reports on Wednesday night. Unfortunately, the stock has…
SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed….
Stock market bulls wrestled back control last week after a brief respite, putting the S & P 500 back on the cusp of another record high. The index has now advanced for eight straight weeks since its Iran wartime bottom on March 30, its longest winning streak since late 2023, when it strung together nine…
The Late Show with Stephen Colbert during Thursday’s July 25, 2019 show. CBS Photo Archive | CBS | Getty Images Stephen Colbert’s final appearance on “The Late Show” on Thursday marked the end of his 11-year run in his staple late night television slot. But one day later, he found a way back on TV:…
