Tech stocks slide as Nvidia conference and Fed meeting come into focus

Tech stocks slide as Nvidia conference and Fed meeting come into focus

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.) Weakness on Wall Street: Stocks fell … Read more

Laid-off techies struggle to find jobs with cuts at highest since 2001

Laid-off techies struggle to find jobs with cuts at highest since 2001

The Google office in New York on February 2, 2023. Ed Jones | Afp | Getty Images Allison Croisant, a data scientist with about a decade of experience in technology, was laid off by PayPal earlier this year, joining the masses of unemployed across her industry. Croisant has one word to describe the process of … Read more

Jim Cramer is ‘very concerned’ about this overbought stock market

Jim Cramer is ‘very concerned’ about this overbought stock market

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 Thursday’s key moments. U.S. stocks fell and bond yields climbed Thursday following another hotter-than-expected inflation report. This time it was February’s producer price index, which came two days after a hotter print on … Read more

AI and automation justify shorter workweek, Democrats argue

AI and automation justify shorter workweek, Democrats argue

Senate Senate Health, Education, Labor, and Pensions Committee Chairman Bernie Sanders (I-VT) questions witnesses with ranking member Sen. Bill Cassidy (R-LA) during a hearing about working hours in the Dirksen Senate Office Building on Capitol Hill on March 14, 2024 in Washington, DC. Chip Somodevilla | Getty Images Sen. Bernie Sanders and Senate Democrats cited … Read more

Microsoft uses compute units to charge customers for security Copilot

Microsoft uses compute units to charge customers for security Copilot

Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. Nadella gave a keynote speech at an event hosted by the company’s Korean unit. SeongJoon Cho | Bloomberg | Getty Images Microsoft is rolling out an unorthodox pricing model for its new security chatbot that becomes available to … Read more

European lawmakers approve world’s first major act to regulate AI

European lawmakers approve world’s first major act to regulate AI

Surasak Suwanmake | Moment | Getty Images The European Union Parliament on Wednesday endorsed the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment. The EU brokered provisional political consensus in early December, and it was then endorsed in the Parliament’s Wednesday session, with … Read more

Cramer urges patience on Apple, and two analysts also make the case

Cramer urges patience on Apple, and two analysts also make the case

It’s no secret that Apple has had a rocky start to 2024. A slew of cautious analyst commentary, regulatory hurdles, and soft iPhone sales in China have knocked down the stock and investor sentiment with it. However, two new research reports show why investors should stick out the pain — and “own, not trade” the … Read more

Tim Berners-Lee gives predictions for future

Tim Berners-Lee gives predictions for future

Tim Berners-Lee is credited with inventing the World Wide Web in 1989. But he has been dissatisfied with the way his original vision for the web has panned out. Rita Franca | Nurphoto | Getty Images Personal artificial intelligence assistants that know our health status and legal history inside out. The ability to transfer your … Read more

New Activision QA union is the largest in the video game industry

New Activision QA union is the largest in the video game industry

Bobby Kotick, CEO of Activision Blizzard speaking at the Allen&Co Annual Conference in Sun Valley, Idaho.  David A. Grogan | CNBC A group of roughly 600 software testers at Activision on Friday formed the U.S. video game industry’s largest union so far. The union is the first to organize under a new labor agreement negotiated … Read more

Mega-cap tech stocks dominate many ESG funds. Here’s why

Mega-cap tech stocks dominate many ESG funds. Here’s why

The top holdings of many ESG funds may be surprisingly familiar. While these strategies consider a company’s environmental, social and governance factors, these funds still aim to invest in top performers across industry groups, DWS Group’s Arne Noack explained. “The idea isn’t to be super concentrated and only select a handful of stocks that do … Read more