Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Apple and Microsoft shares rose on Tuesday, pushing the companies over a market cap of $4 trillion. Both companies are still behind Nvidia, which is the world’s most valuable company with a market cap of over $4.6 trillion. Microsoft previously hit the $4 trillion…
This week’s earnings from major tech megacaps — namely Amazon, Alphabet, Apple, Microsoft and Meta — are vital to the market’s performance over the next few months, CNBC’s Jim Cramer said on Monday. “We know that the market’s direction for the next couple of months will be defined by the results we get this week,”…
Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that…
Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors. The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Qualcomm said that…
A strong start to the third-quarter earnings season has propelled the stock market back to record highs. Investors are hoping an even busier week of corporate reports — oh, and a Fed meeting — can keep the good times rolling. A wild card: President Donald Trump is in Asia for some high-stakes diplomacy. The S…
U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington Post | Getty Images Big Tech and other publicly traded companies are helping to…
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
Passive investing through exchange-traded funds may be losing its appeal. Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes. “I think investors are looking beyond just the let’s call it the ‘VOO and chill approach’ where you just buy…
The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or…
