Market likes AI technology for advertising, not health care

Market likes AI technology for advertising, not health care

CNBC’s Jim Cramer on Tuesday shared what he learned from his two days at JPMorgan‘s health-care conference. He marveled at the myriad of uses for generative artificial intelligence in health care, but concluded that Wall Street is more concerned with using that new technology for advertising. Cramer told investors that “Magnificent Seven” members Amazon and … Read more

An unpleasant surprise for crypto bros

An unpleasant surprise for crypto bros

Omar Marques | Lightrocket | 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 matter where they are. Like what you see? You can subscribe here. What you need to know today Bitcoin slides after … Read more

China and cybercriminals are targeting American AI companies

China and cybercriminals are targeting American AI companies

American companies like Google, Microsoft, and OpenAI are currently driving the cutting edge of generative artificial intelligence development across the globe. However two of U.S.’s top national security leaders said that AI lead is under attack from foreign cybercriminals and nation-states like China. “Eighteen of the 20 most successful AI companies in the world are … Read more

A crypto bro’s false dream

A crypto bro’s false dream

A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC … Read more

Boeing tumbles on Max crisis

Boeing tumbles on Max crisis

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | 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 … Read more

Cramer cheers Monday’s tech gains, but says keep a diverse portfolio

Cramer cheers Monday’s tech gains, but says keep a diverse portfolio

CNBC’s Jim Cramer applauded Monday’s market gains for Big Tech, which had seen a sell-off in the early days of the new year as Wall Street shifted its focus to a number of other sectors. He advised investors to keep a diverse portfolio, buying shares in health-care companies and paying attention to industry leaders who … Read more

CNBC Daily Open: Turbulent times for Boeing

Boeing tumbles on Max crisis

Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington.  Stephen Brashear | 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 … Read more

CIO calls a new phase in the market, says a ‘healthy’ rotation has begun

CIO calls a new phase in the market, says a ‘healthy’ rotation has begun

Traders work on the floor of the New York Stock Exchange.  NYSE Stock markets have entered a new phase that will involve a broadening of last year’s bull market as big U.S. tech stocks come under pressure, according to the CIO of a Swiss private bank. Charles-Henry Monchau, chief investment officer at Bank Syz, told … Read more

Qualcomm announces Snapdragon XR2+ Gen 2 chip for AR headsets

Qualcomm announces Snapdragon XR2+ Gen 2 chip for AR headsets

The new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images Qualcomm on Thursday announced a new chip that will be used by Samsung and Google for mixed reality devices that are likely to compete with Apple’s Vision Pro headset. … Read more

Samsung Galaxy S24 Unpacked event promises AI phones

Samsung Galaxy S24 Unpacked event promises AI phones

A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung recently announced it will host a news conference in San Jose, California, on Jan. 17 where it will unveil its newest Galaxy phones. Samsung … Read more