Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022. Eóin Noonan | Sportsfile | Collision | Getty Images Snowflake has spent the past seven weeks dealing with the fallout of a major cyberattack that compromised sensitive customer data at a … Read more
How will we know if we are OK with the stocks we own? I want you to learn how to size up your companies by asking what they are levered to, what matters to them. This concept of levered is not about debt. It’s about figuring out what exposure these company have to key issues … Read more
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024. Brendan Mcdermid | Reuters Adobe shares surged 15% on Friday, the biggest gain since March 2020, after the software maker reported earnings and revenue that beat analysts’ … Read more
George Kurtz, chief executive officer of CrowdStrike Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares jumped as much as 10% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica. S&P Dow Jones Indices said in a statement late Friday that CrowdStrike was being … Read more
CNBC’s Jim Cramer on Wednesday explained to investors how Nvidia can sometimes boost other stocks when it soars. “Take a look at today’s biggest gainers,” he said. “They’re just spinning pins, scattered this way and that because Nvidia speed ball went right down the middle.” Nvidia led the pack on Wednesday as the S&P 500 … Read more
Despite a late-session surge Friday, all three major U.S. stock indexes ended the holiday-shortened trading week in the red, putting an end to the Nasdaq Composite and S & P 500 ‘s five-week winning streaks. The Dow Jones Industrial Average fell for the second straight week. The declines came as first-quarter earnings season inched closer … Read more
CNBC’s Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike. “To those of you who want the Fed to cut so badly that you’re staying on the sidelines until they do,” he said, “you’d better hope we … Read more
Microsoft has come under fire recently from both the U.S. government and rival companies for its failure to stop a Chinese hack of its systems last summer. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In April, a government review board described a hack of Microsoft last … Read more
Recently, I read a terrific little book about Abraham Lincoln, called “Lincoln Reconsidered,” by Professor David Herbert Donald, and the fundamental premise behind the title was simple: If you want to go down in history as a politician who is compassionate, honest and a visionary, you have to get right with Lincoln. That’s how sainted … Read more
In this photo illustration, the CrowdStrike Holdings, Inc. logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Investors’ worries about the prospect of higher-for-longer interest rates have made a comeback, pulling the major averages lower this past week. Even as markets seem turbulent for now, it’s key … Read more
