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 Tuesday’s key moments. U.S. stocks were mixed Tuesday after a solid rally Monday, which extended Wall Street’s post-jobs report rally. The S & P 500 and blue-chip Dow were higher, while the Nasdaq … Read more
A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle … Read more
Tim Cook and Warren Buffett Getty Images (L) | CNBC (R) Berkshire Hathaway‘s Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones. “I don’t understand the phone at all, but I do understand consumer behavior,” … Read more
A picture shows logos of the big technology companies named GAFAM, for Google, Apple, Facebook, Amazon and Microsoft, in Mulhouse, France, on June 2, 2023. Sebastien Bozon | AFP | Getty Images Late last year, an artificial intelligence engineer at Amazon was wrapping up the work week and getting ready to spend time with some … Read more
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. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Market check: Stocks surged Wednesday afternoon … Read more
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization … Read more
A Bally Sports display is shown in the eighth inning of the game between the Houston Astros and Minnesota Twins at Target Field on April 9, 2023 in Minneapolis, Minnesota. The Astros defeated the Twins 5-1. David Berding | Getty Images Sport | Getty Images Comcast customers lost access to Bally Sports’ regional networks a … Read more
Nvidia-backed startup Coreweave is based in Roseland, New Jersey, with 160 employees. CoreWeave CoreWeave, a cloud infrastructure startup that rents out graphics processing units to companies, said Wednesday that it has raised $1.1 billion in funding. The new investment values the company at $19 billion, up from $7 billion months ago, a person familiar with … Read more
Omar Marques | Lightrocket | Getty Images Anthropic on Wednesday announced its first-ever enterprise offering and a free iPhone app. The generative artificial intelligence startup is the company behind Claude, one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has exploded in popularity in the past year. Anthropic, founded by ex-OpenAI research executives, … Read more
Waymo’s lovable and ungovernable driverless taxis aren’t playing by the rules again in San Francisco. Bystanders spotted a robotaxi driving down the wrong side of a city street. The robotaxi company claims its vehicle was avoiding a pack of unicyclists. While we can all agree that hitting a person should be avoided at all costs, … Read more
