Webtoon Entertainment Inc. signage during the initial public offering event outside the Nasdaq MarketSite in New York, US, on Thursday, June 27, 2024. Michael Nagle | Bloomberg | Getty Images Webtoon Entertainment shares surged on Tuesday after signing a deal to create a digital comic platform for Disney, and agreeing to sell the media conglomerate…
CNBC’s Jim Cramer on Monday told investors why he thinks the Magnificent Seven — tech megacaps Apple, Amazon, Alphabet, Nvidia, Meta, Microsoft and Tesla — can continue to succeed even as they’ve seen immense gains over the past few years. “The Magnificent Seven are heroes, and I’m not going to tell you to sell heroes,…
It was a stellar week for stocks as Wall Street speculated on the Federal Reserve’s upcoming and highly anticipated interest rate decision and what comes next. The S & P 500 and Nasdaq each hit multiple record highs since Monday. A mixed bag of economic data, along with a blowout earnings report from Oracle ,…
This may not be an era in which Americans are awash in physical currency fattening their wallets, but we are awash in cash parked inside accounts that have been generating attractive yields thanks to Federal Reserve interest rate hikes to combat inflation. There is a record amount of cash in money market funds, roughly $7.6…
Apple CEO Tim Cook told CNBC’s Jim Cramer why his company is investing $2.5 billion to manufacture glass in Corning‘s Kentucky factory, praising the company’s technology. “This is the place to put it,” Cook said of his investment in Corning. “I feel very confident in that, because when you look at innovation, when you look…
U.S. President Donald Trump makes a fist before boarding Marine One upon departure for New York, as the Washington Monument stands in the background, in Washington, D.C., on Sept. 11, 2025. Evelyn Hockstein | Reuters President Donald Trump said Friday that he will send the National Guard to Memphis, Tennessee, one month after he federalized…
Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, on May 27, 2025. Bridget Bennett | Bloomberg | Getty Images The Winklevoss twins, whose cryptocurrency company Gemini Space Station is going public, don’t…
U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange on Sept. 11, 2025. Brendan McDermid | Reuters Commerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the Asian country through its tariff deal…
As the indexes soar to new heights, CNBC’s Jim Cramer explained why he’s still bullish, telling investors the market is set to keep roaring. “The cynics just can’t believe what’s happening in this market. They’re so used to finding reasons to be bearish that they’re being overrun by positive events,” he said. “Can these negativists…
The Leopard 8 is one of the three cars BYD’s Fang Cheng Bao brand unveiled in Shenzhen on April 16, 2024. CNBC | Evelyn Cheng BEIJING — China’s Ministry of Commerce has warned Mexico of countermeasures as the country plans to hike tariffs on Asia-made cars to 50%. We “hope Mexico will be extremely cautious,…
