Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

Wells Fargo CEO talks up reasons to love the stock — plus, why the market drop

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. Market pressure : The major stock benchmarks were moving lower Wednesday, with the Dow getting the worst of it again. Adding pressure on equities, bond yields … Read more

Apple, Nvidia fight Wednesday stock market decline. What is supporting them

Apple, Nvidia fight Wednesday stock market decline. What is supporting them

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 key moments. The stock market experienced a broad decline Wednesday as Club name Nvidia seesawed on either side of unchanged. Nvidia has been on a tear since last Wednesday’s blockbuster quarter — … Read more

AST SpaceMobile, Verizon partner on satellite internet

AST SpaceMobile, Verizon partner on satellite internet

The company’s Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch. AST SpaceMobile Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company’s recent deal with AT&T to provide remote coverage across the United States. AST SpaceMobile is building satellites to provide broadband service to unmodified … Read more

Apple to open first store in Malaysia as Asia expansion continues

Apple to open first store in Malaysia as Asia expansion continues

The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images News | Getty Images Apple plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the … Read more

Nvidia investors thinking about taking profits should ask 3 questions

Nvidia investors thinking about taking profits should ask 3 questions

Discipline trumps conviction. Those are perhaps the three most important words for Nvidia shareholders who are sitting on a grand slam. After more than tripling last year and more than doubling again so far in 2024, to say Nvidia and CEO Jensen Huang have been on a roll would be the understatement of the century. … Read more

Meet the wealthy art collectors with galleries in their homes

Meet the wealthy art collectors with galleries in their homes

Entrepreneur Grant Cardone said collecting and displaying art gives him more fulfilment than investing. Grant Cardone Multimillionaire Grant Cardone, who has been collecting art for around 15 years, says he’s a spontaneous buyer. “I don’t consider myself a connoisseur. I’m very new to the art world. If I like it, I buy it. I don’t … Read more

Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

CFOTO | Future Publishing | Getty Images Nvidia last week announced a 10-for-1 stock split which will bring its share price from over $1,000 to a more affordable level for retail investors and company insiders alike. Nvidia joins a number of companies that have recently announced sizable stock splits, including Walmart earlier this year and … Read more

Nvidia has best reputation of U.S. companies: 2024 Axios Harris poll

Nvidia has best reputation of U.S. companies: 2024 Axios Harris poll

America has a new favorite brand: Nvidia, the computer chip company that’s helping power an artificial intelligence revolution. That’s according to the newly released 2024 Axios Harris Poll 100 reputation rankings, which polled one set of Americans to collect a list of the “100 most-visible brands in America,” and asked another set to rank those … Read more

Nvidia CEO Jensen Huang’s net worth swells by $87 billion in 5 years

Nvidia CEO Jensen Huang’s net worth swells by  billion in 5 years

Jensen Huang, co-founder and CEO of Nvidia, during the Nvidia GPU Technology Conference in San Jose, California, on March 19, 2024. David Paul Morris | Bloomberg | Getty Images Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock to a … Read more

F1 dispute with Andretti Global draws in U.S. lawmakers

F1 dispute with Andretti Global draws in U.S. lawmakers

Former race car driver Mario Andretti listens during a news conference on May 01, 2024 in Washington, DC. Rep. John James (R-MI) hosted Andretti on Capitol Hill to respond to the Formula 1 management denying his family and General Motors the opportunity to join the global motorsports series.  Anna Moneymaker | Getty Images A dispute … Read more