People work on the floor of the New York Stock Exchange (NYSE) on July 07, 2026 in New York City. Spencer Platt | Getty Images International Business Machines shares plummeted 25% on Tuesday after the hardware, software and consulting provider released preliminary second-quarter results that fell short of expectations. The stock logged its worst day…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week. Shares of the South Korean…
CNBC’s Jim Cramer said Tuesday that today’s stock market is nowhere near the kind of bubble that preceded the dot-com crash. While companies such as SpaceX may fuel perceptions of excess, Cramer argued they are exceptions to the rule, rather than representative of the broader market. “There are always outliers,” the “Mad Money” host said….
Chey Tae-won, chairman of SK Group, center, Kwak Noh-jung, president and chief executive officer of SK Hynix Inc., center left, and Koh Seung-beom, chairman of SK Hynix Inc., center right, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Friday, July 10, 2026. Michael Nagle | Bloomberg |…
Global stock markets have been under pressure as geopolitical tensions have resurfaced in the Middle East. Moreover, investors remain concerned about the sustainability of AI-driven demand and infrastructure spending. Nonetheless, those looking for attractive stock picks amid the ongoing volatility can gain key insights by tracking the recommendations of top Wall Street analysts. These experts…
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once…
Catherine Delahaye | Stone | Getty Images Trump Accounts could provide kids in the foster care system with a more secure financial footing in adulthood, advocates say — but there are still some key details to work out. Under an initiative announced in early June by First Lady Melania Trump in conjunction with the U.S….
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 tech-heavy Nasdaq is down slightly, weighed down by semiconductor stocks, including Micron and Intel . The S & P 500 is relatively unchanged. Investors seem to be making…
POLAND – 2025/09/05: In this photo illustration, an SK hynix logo is seen displayed on a smartphone with the American flag in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing will test…
CNBC’s Jim Cramer said Thursday that SK Hynix’s upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant risks. “We know the memory chip business is on fire and if you’re willing to accept the volatility, I think…
