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…
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zuckerberg…
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…
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…
OpenAI and Anthropic continue to lead a fundraising bonanza in artificial intelligence, raising historic rounds and stratospheric valuations. But when it comes to finding AI exits for venture firms, the market looks a lot different. AI startups raised $104.3 billion in the U.S. in the first half of this year, nearly matching the $104.4 billion…
Mustafa Suleyman, CEO of Microsoft AI, speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has hired around two dozen employees from Alphabet’s Google DeepMind artificial intelligence research lab in recent months, a person familiar…
Idrees Abbas | SOPA Images | Lightrocket | Getty Images The earnings season is on, and investors are paying attention to how the leading companies are faring. However, tariffs and other challenges remain on the minds of investors. While top Wall Street analysts also watch the quarterly results closely, they generally have a broader focus…
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code…
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Opposition to xAI’s supercomputer facility in Memphis, Tennessee, intensified on Wednesday after environmental and civil rights groups filed to appeal a permit that allows the company to…
Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Stock Chart IconStock chart icon Bitmine (BMNR) 1-month The current wave of interest in Ethereum and…
