CNBC’s Jim Cramer on Monday suggested that it is not just Big Tech that has the capacity to lead the market. Instead, he said, companies from other sectors need to be more innovative. “Rather than bemoaning the limited breadth of the market, maybe we should be asking why other companies aren’t joining the club,” Cramer … Read more
Westend61 | Westend61 | Getty Images I was packing up to head home from work last week when I noticed something that made my stomach sick. The space in my backpack normally occupied by my wallet was empty. I searched every nook and cranny of my bag and even crawled under my desk to search … Read more
Corning shares are up more than 12% Monday after the company raised its second-quarter guidance, setting it on track for its best trading day since March 2020. The company, known for developing the Gorilla Glass used for Apple iPhones and other phones, credits the outperformance to demand for its optical connectivity products that power networks … Read more
A view of the Sun Valley Lodge in Sun Valley, Idaho. Drew Angerer | Getty Images Media and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances. Allen & Co.’s annual conference, often referred to as “summer camp for billionaires,” kicks … Read more
If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year to more than 52.8%. Amazon rallied $2.41, or 1.2%, and is now up roughly 31.6% in 2024. Alphabet increased $4.78, or 2.5%, for a year-to-date … Read more
Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday — rising nearly 2% and 3.5%, respectively, for the week. The first week of … Read more
With Microsoft’s new Surface Pro Flex Keyboard, you can type and use the trackpad without the accessory being physically connected to the 11th edition of the Surface Pro. Jordan Novet | CNBC When Microsoft announced its new line of Windows PCs in May, the company said the computers were “designed for AI” with new chips … Read more
The Exchange Square Complex, which houses the Hong Kong Stock Exchange. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose Thursday morning as Japan’s Topix crossed its all-time high of 2,886.50, previously set in December 1989. The Topix jumped 0.56% in early morning trading, while the Nikkei 225 rose 0.55%. The Nikkei is less than … Read more
We’re raising our price targets on the Investing Club’s only “own it, don’t trade it” stocks — Nvidia and Apple — two mega-cap tech names that have been winners this year with more room to run. Nvidia We’re boosting our Nvidia price target to $150 per share from $120 — representing an increase of more … Read more
A block of industrial factories sits among newer apartment buildings along a canal in Tokyo, Japan. Photo By Michael Russell | Moment | Getty Images Asia-Pacific markets opened higher on Wednesday, after U.S. Federal Reserve Chair Jerome Powell noted progress on inflation, but reiterated patience on cutting rates at a central banking forum. Traders in … Read more
