Cramer says to watch for market anomalies and take advantage of them

Cramer says to watch for market anomalies and take advantage of them

CNBC’s Jim Cramer on Wednesday said the market hasn’t been playing by usual Wall Street rules over the past few years, telling investors to find anomalies and use them to their advantage. “Nothing we’ve ever learned about the market has played out like it was supposed to for the last two years,” he said. “If … Read more

Microsoft crosses $3 trillion in market cap

Microsoft crosses  trillion in market cap

Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. David Paul Morris | Bloomberg | Getty Images Microsoft’s market cap surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% to around $404 per share. The milestone comes two weeks after Microsoft eclipsed Apple … Read more

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP plans job changes or buyouts for 8,000 employees in restructuring

SAP CEO Christian Klein speaks at a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. Stefan Wermuth | Bloomberg | Getty Images SAP said on Tuesday that it aims to carry out voluntary buyouts or enable job changes for 8,000 employees as part of … Read more

What leaders at OpenAI, DeepMind, Cohere have to say about AGI

What leaders at OpenAI, DeepMind, Cohere have to say about AGI

Sam Altman, CEO of OpenAI, during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images Executives at some of the world’s leading artificial intelligence labs are expecting a form of AI on a par with — or even exceeding — human intelligence to … Read more

Nvidia and its stock may go through an Apple-like transformation, Melius Research says

Nvidia and its stock may go through an Apple-like transformation, Melius Research says

Nvidia ‘s wise push into software and services is getting more attention on Wall Street, with one analyst drawing a parallel between Jim Cramer’s two “own it, don’t trade it” names. The emergence of chip powerhouse Nvidia as a major AI winner over the past year has been fueled by surging hardware sales — specifically, … Read more

Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

Ma ”Pony” Huateng, chairman and chief executive officer of Tencent Holdings Ltd., speaks during the Guangdong-Hong Kong-Macao Greater Bay Area Forum in Hong Kong, China, on Tuesday, June 20, 2017. In an unusual move, Ma has chosen to convene a summit of government academics and business chieftains in Hong Kong days before the 20th anniversary … Read more

Cramer says Eli Lilly could join the ranks of the ‘Magnificent Seven’

Cramer says Eli Lilly could join the ranks of the ‘Magnificent Seven’

CNBC’s Jim Cramer on Monday suggested Tesla could lose its spot in the “Magnificent Seven” megacap stocks list. He said he’s waiting to see results from the electric vehicle giant’s upcoming earnings report, but said Tesla may have hit a “growth pause,” compared to its Big Tech peers that are still on the rise. If … Read more

CrowdStrike CEO explains why Russian hackers are hard to beat

CrowdStrike CEO explains why Russian hackers are hard to beat

In a Monday interview with CNBC’s Jim Cramer, CrowdStrike CEO George Kurtz discussed Microsoft‘s high-profile security breach by a Russian intelligence group, saying these adversaries have a determined “low and slow” approach to hacking that’s especially tough to beat. Microsoft announced on Friday that the group, known as Nobelium, carried out the attack and was … Read more

Southeast Asia markets are poised for a comeback with valuations at ‘bargain basement,’ Maybank says

Southeast Asia markets are poised for a comeback with valuations at ‘bargain basement,’ Maybank says

A woman (R) adjusts the Philippines flag before the 51st Association of Southeast Asian Nations (ASEAN)- Republic of Korea Ministerial Meeting in Singapore on August 3, 2018. Mohd Rasfan | Afp | Getty Images Southeast Asia markets could see a turnaround in 2024 on the back of cheap valuations and potentially high economic growth, after … Read more

What Jim Cramer is watching to see where the stock market goes next

What Jim Cramer is watching to see where the stock market goes next

We don’t know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report … Read more