It’s not too late to buy Abbott stock after Friday selloff

It’s not too late to buy Abbott stock after Friday selloff

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 Monday’s key moments. U.S. stocks jumped Monday as the Nasdaq and S & P 500 attempts to recover from back-to-back weekly losses. Major gains were seen in tech stocks to start the new … Read more

Strategist tells investors not to worry about high stock valuations

Strategist tells investors not to worry about high stock valuations

Traders work on the floor of the New York Stock Exchange NYSE Investors should disregard concerns over high valuations and focus on growth in what is now a “stockpicker’s market,” according to Matt Orton, chief market strategist at Raymond James Investment Management. The S&P 500 closed out a two-week losing streak on Friday, but Orton … Read more

Apple in talks to license Google’s Gemini for generative AI: Bloomberg

Apple in talks to license Google’s Gemini for generative AI: Bloomberg

This illustration picture taken on April 20, 2018 in Paris shows apps for Google, Amazon, Facebook, Apple (GAFA) and the reflexion of a binary code displayed on a tablet screen. (Photo by Lionel BONAVENTURE / AFP) (Photo credit should read LIONEL BONAVENTURE/AFP via Getty Images) Lionel Bonaventure | Afp | Getty Images Apple is reportedly … Read more

An overlooked corner of women’s health may be $350 billion market opportunity

An overlooked corner of women’s health may be 0 billion market opportunity

Peathegee Inc | Tetra Images | Getty Images After years of being ignored, menopause has entered the public conversation. Celebrities from Drew Barrymore to Naomi Watts have opened up about symptoms and promoted products. Yet despite the increased chatter, there is a long way to go when it comes to treating symptoms — and a … Read more

Tech stocks slide as Nvidia conference and Fed meeting come into focus

Tech stocks slide as Nvidia conference and Fed meeting come into focus

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.) Weakness on Wall Street: Stocks fell … Read more

Laid-off techies struggle to find jobs with cuts at highest since 2001

Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this year, joining the masses of unemployed across her industry. Croisant has one word to describe the process of … Read more

House passes bill that could lead to TikTok ban; fight shifts to Senate

House passes bill that could lead to TikTok ban; fight shifts to Senate

The House approved a bill Wednesday that calls for China tech giant ByteDance to divest TikTok or the popular social video app will effectively be banned in the U.S. The measure passed with a resounding 352-65 vote and with one member voting present. The legislation, dubbed the Protecting Americans from Foreign Adversary Controlled Applications Act, … Read more

European lawmakers approve world’s first major act to regulate AI

European lawmakers approve world’s first major act to regulate AI

Surasak Suwanmake | Moment | Getty Images The European Union Parliament on Wednesday endorsed the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. The EU brokered provisional political consensus in early December, and it was then endorsed in the Parliament’s Wednesday session, with … Read more

GM hires ex-Tesla, Google exec to lead manufacturing

GM hires ex-Tesla, Google exec to lead manufacturing

General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – General Motors’ long-time head of manufacturing … Read more

Cramer urges patience on Apple, and two analysts also make the case

Cramer urges patience on Apple, and two analysts also make the case

It’s no secret that Apple has had a rocky start to 2024. A slew of cautious analyst commentary, regulatory hurdles, and soft iPhone sales in China have knocked down the stock and investor sentiment with it. However, two new research reports show why investors should stick out the pain — and “own, not trade” the … Read more