Wall Street hovers near record highs. Here’s why we want to see choppiness

Wall Street hovers near record highs. Here’s why we want to see choppiness

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 Monday’s key moments. 1. Stocks opened higher Monday in a continuation of last week’s momentum, which saw all major indexes gain more than 1%. The Dow closed Friday at a record while the … Read more

Some aren’t convinced of a soft landing

Some aren’t convinced of a soft landing

Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. Stephanie Keith | 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. … Read more

CNBC Daily Open: Recession concerns still linger

CNBC Daily Open: Recession concerns still linger

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 19, 2024.  Brendan McDermid | Reuters 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. … Read more

6 things from my San Francisco trip reveal AI stock winners

6 things from my San Francisco trip reveal AI stock winners

It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a … Read more

Hedge against political cycles is better investment than AI: Van Eck

Hedge against political cycles is better investment than AI: Van Eck

A major exchange-traded fund and mutual fund manager finds the winning gold trade isn’t talked about as much as the artificial intelligence trade — but maybe it should be. VanEck CEO Jan van Eck thinks the best investment this year is “the hedge against political cycles.” To him, that means investing in gold.  “It is quietly … Read more

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel wild week leaves Wall Street uncertain about chipmaker’s future

Intel CEO Patrick Gelsinger speaks at the Intel Ocotillo Campus in Chandler, Arizona, on March 20, 2024.  Brendan Smialowski | AFP | Getty Images It was quite a week for Intel. The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years … Read more

Intel shares pop on report Qualcomm has approached it about takeover

Intel shares pop on report Qualcomm has approached it about takeover

Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024.  Ann Wang | Reuters Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares rose 8% on the report. The deal, if it were to happen, would … Read more

Tech might not be the biggest beneficiary of rate cut

Tech might not be the biggest beneficiary of rate cut

The sun rises behind the skyline of lower Manhattan and One World Trade Center on September 14, 2024, in Jersey City, New Jersey.  Gary Hershorn | Corbis News | 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 … Read more

Intel awarded up to $3 billion under CHIPS Act

Intel awarded up to  billion under CHIPS Act

Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.  I-Hwa Cheng | AFP | Getty Images The Biden administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the “Secure Enclave” program, which is designed … Read more

Intel turns foundry business into subsidiary, weighs outside funding

Intel turns foundry business into subsidiary, weighs outside funding

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares jumped 8% in extended trading on Monday after the company said it plans to turn its foundry business into an independent unit … Read more