Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir has hit another major milestone in its meteoric stock rise. It’s now one of…
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 Friday’s key moments. 1. The stock market is in the green Friday, capping off a week of fresh record highs for the S & P 500 on a positive note. The market’s gains…
10 things to watch Friday, July 25 — CNBC’s Jeff Marks wrote today’s newsletter. 1. Stocks were steady this morning as we head into the last session before the weekend. The S & P 500 posted a slight gain yesterday and closed at a record high. 2. Intel reported a messy quarter. The chipmaker plans…
IonQ CEO Niccolo de Masi told CNBC’s Jim Cramer on Thursday that major advances in quantum computing are fast-approaching. “The era of what’s called quantum supremacy is just around the corner,” De Masi said. “It’s coming in quarters and very low single-digit years, and that’s getting people, obviously, pretty excited about the fact that we’ll…
An unwarranted post-earnings decline in Honeywell shares on Thursday presented a buying opportunity for new investors ahead of the conglomerate’s breakup into three publicly traded companies. Revenue in the second quarter ended June 30 rose 8.1% year over year to $10.35 billion, topping expectations of $10.07 billion, according to market data service LSEG. Organic sales…
American Airlines shares slumped close to 10% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and the airline reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate…
CNBC’s Jim Cramer on Thursday affirmed his faith in the earnings power of artificial intelligence, telling investors that Big Tech hyperscalers aren’t spending too much on the new technology. “These companies aren’t overspending on AI, they are actually underspending on AI,” Cramer said. “See, this is a winner-take-all, loser-take-none situation. The only reason to spend…
Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. Shares were down more than 11% in afternoon trading Thursday. Here’s how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from…
Sydney Sweeney attends the 10th Annual LACMA ART+FILM GALA at the Los Angeles County Museum of Art in Los Angeles on Nov. 6, 2021. Presley Ann | Getty Images Entertainment | Getty Images Actress Sydney Sweeney helped bring American Eagle Outfitters shares into the latest round of meme stock mania on Thursday. The “Euphoria” and…
The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on June 30, 2025 in Sintra, Portugal. Horacio Villalobos | Corbis News | Getty Images The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate…
