My top 10 things to watch Tuesday, Jan. 2 1. The S & P 500 finished 2023 with nine straight up weeks, its best winning streak since 2004. Up 24% for the year. We’re kicking off the new year by trimming 8 stocks that had huge runs last year. Bulls make money, bears make money, … Read more
Nvidia — the star of the S & P 500 in 2023 — enters 2024 even cheaper than it was a year ago. Shares of the chipmaker, which more than tripled this year, are now valued at roughly 25 times forward earnings, down from 34 at the end of 2022, according to FactSet data. The … Read more
Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner for investors this year in the generative AI boom was Nvidia. The company’s stock price rocketed 234% as demand soared for the chipmaker’s processors that … Read more
My top 10 things to watch Monday, Dec. 4 1. U.S. stocks are lower in premarket trading, with S & P 500 futures down 0.54%. The move comes after five-straight weeks of gains for equities — and here’s how I make sense of the tremendous rally we’ve seen. Meanwhile, bond yields pull back, with that … Read more
The Magnificent Seven — a term I coined earlier this year to track the market’s biggest tech winners — has certainly lived up to its vaunted name. Those seven mega-cap tech names are Apple, Google-parent Alphabet, Facebook and Instagram owner Meta Platforms, Microsoft, Amazon, Nvidia and Tesla. The first six are Club names. Call them … Read more
A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Wall Street and Broad Street signs are seen as The New York Stock Exchange (NYSE) and a Christmas tree are illuminated in New York City, United States on December 1, 2021. Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings … Read more
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel AI Everywhere launch event in New York, US, on Thursday, Dec. 14, 2023. Victor J. Blue | Bloomberg | Getty Images Intel unveiled new computer chips on Thursday, including Gaudi3, an artificial intelligence chip for generative AI software. Gaudi3 will launch next year … Read more
This photo from Oculus shows what it might be like to play it in an apartment. Oculus The metaverse won Christmas this year. Meta, Facebook’s parent company, had the most popular app in Apple’s App Store on Christmas day: the Oculus virtual reality app. That’s the app people download to manage the Oculus VR headset, … Read more
