As the AI infrastructure buildout and global geopolitical developments spur massive spending, an old-guard sector of the economy is getting a level of attention from investors that rivals the action in tech. The industrials sector of the S&P 500 is trading at a price-to-earnings ratio above 30, a level investors more often associate with high fliers,…
Jeff Dean, head of artificial intelligence at Google LLC, speaks during a Google AI event in San Francisco, California, U.S., on Tuesday, Jan. 28, 2020. David Paul Morris | Bloomberg | Getty Images Earlier this year, Google AI lead Jeff Dean, on a podcast, discussed a concept that, at the time, was hardly spoken about…
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images Nvidia said it’s secured AI memory supply from South Korea’s SK Hynix, as the chipmaker tries to lock in…
Investors are getting increasingly uncomfortable with the amount of capital needed to make the artificial intelligence buildout a reality. It’s playing out in real time in the bond market, where the biggest names involved in the blitz — Google, Amazon and Meta — are seeing credit spreads widen as fixed-income investors demand more reward to…
The White House is visited by tourists on July 17, 2025 in Washington, DC. Michael M. Santiago | Getty Images Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter on Friday urging policymakers to avoid “premature restrictions” on open-weight artificial intelligence models that would “stifle competition or drive innovation overseas.” Open-weight…
The Club’s top 10 things to watch Friday, July 24 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are headed for a muted open following yesterday’s sell-off on rising oil prices and bond yields, and on concerns about hyperscalers’ aggressive AI spending. That potent mix of crosscurrents…
The head of “Gus,” one of the largest Tyrannosaurus rex skeletons ever found, is pictured during a press preview at the Sotheby’s Breuer building in New York, on July 1, 2026. Timothy A. Clary | Afp | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. On Saturday, Indian space-tech startup Skyroot successfully test-launched a low-orbit rocket carrying a payload of 350 kilograms, marking its entry into the global satellite…
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. Stocks were mixed on Wednesday . The S & P 500 was basically flat in late afternoon trading, while the Nasdaq was modestly weaker. Once again,…
POLAND – 2025/01/25: In this photo illustration, the Wistron Corporation company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Wistron Corporation shares jumped 9.7% on Wednesday after the Taiwan-based technology service provider announced the opening of its first U.S….
