Stocks finished higher Friday, lifted by the volatile artificial intelligence trade, leading the market to the upside for the week. The S & P 500 eked out a 0.1% weekly gain, while the Nasdaq gained 0.5%. While logging three positive weeks in the past four, the indexes were still modestly lower for the seasonally strong…
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. Market moves : Stocks were solidly higher Friday afternoon, with the gains in the S & P 500 pushing the index into positive territory for the…
CNBC’s Jim Cramer on Friday explained how he thinks the data center sector can regain its footing on the market, saying OpenAI needs to raise cash to pay Oracle, one of its major partners. “No matter what, OpenAI needs to raise a lot of money, and it needs to raise it now,” he said. “Or…
Wall Street analysts have increasingly jumped on the GE Vernova bandwagon during a volatile week for the stock and the broader artificial intelligence trade. Jim Cramer urged caution. Shares of the energy equipment maker rose more than 4.5% on Thursday after plunging 10.5% in the prior session as stocks tied to AI data centers were…
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 is higher Thursday as November’s consumer price index report came in cooler-than-expected. Inflation was up 2.7% versus Dow Jones estimates of 3.1%. Micron helped revive the…
CNBC’s Jim Cramer on Tuesday proposed that action from Oracle could slow down other hyperscalers’ enormous artificial intelligence spending, saying the OpenAI partner should show “discipline.” “Oracle already has a huge amount of debt. Their balance sheet’s not that good. At some point, they’ll heed the warning of the bond market and slow things down,”…
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. Market update: The S & P 500 traded lower for the third consecutive session after investors digested economic data releases, including October and November job numbers…
CNBC’s Jim Cramer reviewed recent market action and made the case for Procter & Gamble. He drew a distinction between companies like the consumer giant, which makes use of new technology, and tech hyperscalers that spend billions on artificial intelligence to compete with each other. “My favorite tech stocks right now are the business-to-business users…
In a Monday interview with CNB’s Jim Cramer, Affirm CEO Max Levchin reviewed his company’s strategy, suggesting the buy now, pay later outfit benefits from not charging its customers late fees. “We have total alignment with our consumers. If they don’t pay us back, we just lose money,” Levchin said. “There’s no magic in the…
Sometimes the stakes are so high, the degree of difficulty so immense, that it simply may be too hard to game. When that’s the case, no amount of formal research will help you fathom the stock implications. Yet, you have inherited the issues and they must be dealt with — or you are too at…
