S&P 500 crosses 5,500 level before erasing gains

S&P 500 crosses 5,500 level before erasing gains

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 29, 2024. Michael M. Santiago | 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

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.  Apu Gomes | Getty Images Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed that the two hardware … Read more

Honeywell makes a deal to strengthen a core business but fails to address a key risk

Honeywell makes a deal to strengthen a core business but fails to address a key risk

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. The S & P 500 hit another record Thursday as Club holding Nvidia lifted the market higher. The chipmaker stock reached all-time highs as well, up more than 2.5%. “A … Read more

CNBC Daily Open: Russia-North Korea defense pact

CNBC Daily Open: Russia-North Korea defense pact

Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 30, 2023 in New York City. Spencer Platt | Getty Images 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 to know, … Read more

Nvidia unseats Microsoft as world’s most valuable company

CNBC Daily Open: Russia-North Korea defense pact

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 13, 2023. 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

Can the UK and London maintain its lead?

Can the UK and London maintain its lead?

The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last … Read more

Steve Cohen is set to make a big push into investing in AI

Steve Cohen is set to make a big push into investing in AI

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according to a person close to the firm’s plans. The new long/short equity fund, to be launched later this year or early … Read more

Nvidia passes Microsoft in market cap, is most valuable public company

Nvidia passes Microsoft in market cap, is most valuable public company

Nvidia CEO Jensen Huang attends an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Nvidia, long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world. Shares of the chipmaker climbed 3.2% in mid-day trading on Tuesday, lifting the … Read more

Google Android apps launch via Xreal AR glasses vs Apple’s Vision Pro

Google Android apps launch via Xreal AR glasses vs Apple’s Vision Pro

Xreal, an augmented reality glasses maker, has launched a connected Beam Pro mobile device that allows users to capture spatial video and 3D images. Xreal BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the … Read more

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital … Read more