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
When Nvidia CEO Jensen Huang took the stage Monday at the chipmaker’s hyped-up artificial intelligence conference, he joked to the thousands of attendees packed into the arena that this was “not a concert.” In a literal sense, Huang was right. But that didn’t stop him from using his two-hour keynote address to cement Nvidia’s status … Read more
Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer. “This will cost $30 to $40 thousand dollars,” Huang said, holding up the Blackwell chip. “We had to invent some new technology to make it possible,” he continued, estimating that Nvidia … Read more
Apple shares tumbled on Monday after European regulators hit the tech giant with a big antitrust fine over music streaming. This latest setback raises the question: How can Apple get its groove back? The European Commission dished out a $1.95 billion fine — claiming Apple violated competition laws in the music streaming market. It’s one … Read more
CNBC’s Jim Cramer on Friday told investors what to look for next week on Wall Street, including earnings from retailers like Target. According to Cramer, March’s market has come in like a bull — not a lion — but he wondered if it will go out like one too. He said the economy’s not so … Read more
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.) AI trade: Market gains accelerated since … Read more
Dell CEO Michael Dell. Getty Images Dell is having its best day since founder Michael Dell brought the company back to the stock market in 2018. Shares of the PC and server manufacturer surged 30% on Friday to $121.88, after the company posted fiscal fourth-quarter results that beat estimates. That tops the stock’s 21% gain … Read more
Customers shop for produce at the Eastern Market in Detroit, Michigan, on Sept. 17, 2022. Matthew Hatcher/Bloomberg via Getty Images This report is from today’s CNBC Daily Open, our 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? … Read more
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.) Inflation relief: The stock market was … Read more
A person shops at a supermarket in New York City on December 14, 2022. Yuki Iwamura | AFP | Getty Images This report is from today’s CNBC Daily Open, our 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 … Read more
