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. The stock market is failing to hold onto its morning gains, as Wall Street digests Federal Reserve Chairman Kevin Warsh’s speech at the annual Jackson Hole…
Genesis GV90 Courtesy Genesis SAN FRANCISCO — Hyundai Motor’s newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90. The up to seven-seat EV features a new design direction for Genesis and expands the luxury brand’s lineup to seven vehicles in the U.S., as Hyundai continues to grow its sales domestically. The…
Rivian’s in-vehicle AI assistant launched in its vehicles on May 12, 2026. Michael Wayland / CNBC DETROIT — What’s the best advanced driver-assistance system on the market? Ask Rivian Automotive‘s new artificial intelligence and it will say its creator. “Rivian’s is truly exceptional … an unmatched blend of safety and technology,” the chatbot told me…
Americans are keeping their cars longer than ever before, with the average U.S. vehicle age rising to 12.8 years, according to Mobility Global. But some industry analysts and forecasters worry that highly complex software-defined vehicles will age more like smartphones. These vehicles rely on sophisticated computers and software to control many functions that were once…
Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Uber issued a forecast for bookings and earnings that trailed analysts’ estimates, while second-quarter profit was in line with expectations. Here’s how the company did versus analysts’ estimates compiled by LSEG:…
The Lucid Gravity is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 24, 2023. Josh Lefkowitz | Getty Images News | Getty Images Lucid Group missed Wall Street’s second-quarter expectations as the electric vehicle manufacturer conducts an “operational reset” amid leadership changes and cost-cutting efforts. Those plans…
Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC For the past three years, Uber and Alphabet-owned Waymo have partnered to bring driverless rides to passengers in two major U.S. markets. That relationship is now undergoing some changes….
CNBC’s Jim Cramer said Wednesday that while Wall Street was focused on re-escalating tensions between the U.S. and Iran, he is more concerned about a flood of new stock and bond issuance that could threaten the bull market. “At least when it comes to the stock market, I’m a lot more worried about supply —…
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Waymo robotaxi rides are no longer available via the Uber app in Phoenix, Arizona, the companies confirmed on Monday. “Phoenix was our first pilot market with Waymo and was an intentionally limited deployment, reaching just over…
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts say the country might not come close to that number again. Analysts at consulting firm Bain & Company said several signs indicate the market is about to shrink even more. Falling birth rates, behavioral changes, high car…
