CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer on Friday noted that major quarterly results from players like Verizon, Meta, Microsoft and Alphabet will be coming next week, but he zeroed in on the importance of the Personal Consumption Expenditures index because it is the real gauge of inflation. Cramer said the … Read more
The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk of the Magnificent Seven names, which had a strong start to the year, but have been in a slump as of late. Tesla reports Tuesday, … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with … Read more
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 Wednesday’s key moments. U.S. stocks were mixed Wednesday following Tuesday’s record high close for the S & P 500 on a rebound in the artificial intelligence momentum trade. One day later, tech was … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch â an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here is Friday’s edition. Down to … Read more
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. U.S. stocks were mostly higher on Friday. The S & P 500 was on track for a fifth positive week in a row. The broad market index topped 5,000 … Read more
Business at GE Healthcare Technologies capped off 2023 on a strong note despite ongoing concerns about China. That coupled with management’s upbeat view of this year propelled shares up more than 13% to over $83 each at session highs. That was their highest level since July 2023. The Club stock closed just under $82. Total … Read more
Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the past few days. Artificial intelligence … Read more
Artificial intelligence is a power-hungry business. The AI servers Nvidia shipped just last year are estimated to have consumed roughly the same amount of electricity as 20 million U.S. homes, according to Bank of America. Today, data centers use between 1% and 2% of the electricity produced worldwide, according to BofA analyst Andrew Obin. However, … Read more
As the old Wall Street adage goes, health care tends to underperform the stock market in presidential election years — and in recent cycles, that’s been true. But, there’s reason to believe this year that many health-related stocks, led by Eli Lilly , could defy historical convention. The S & P 500 Health Care Sector … Read more
