The Trump administration has taken direct stakes in companies on a scale rarely seen in the U.S. outside wartime or economic crisis, pushing a Republican Party that traditionally championed free-market capitalism to embrace state intervention in industries viewed as important for national security. Japan’s Nippon Steel agreed to give President Donald Trump a “golden share”…
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. Markets: Stocks are closing out the week in record territory thanks to five straight positive sessions for the S & P 500 . There are no…
Next week could be a game changer for Wall Street, CNBC’s Jim Cramer said. He told investors to pay attention to a slew of market-moving events, including the Federal Reserve’s meeting, the latest nonfarm payroll report and earnings tech titans Apple, Amazon, Meta and Microsoft. “Next week, no hyperbole, is pivotal. It’s significant. I’m willing…
Nurphoto | Nurphoto | Getty Images Elon Musk is now a driving force in prediction markets. Musk’s xAI on Thursday announced a partnership to integrate its artificial intelligence chatbot Grok with Kalshi‘s prediction markets service. In June, xAI announced a similar deal with Polymarket, a Kalshi rival. Kalshi, the company that turned heads with a made-with-AI…
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…
