Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | 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 … Read more
An Amazon Web Services data center in Stone Ridge, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | 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 … Read more
Nvidia CEO Jensen Huang talks onstage with Salesforce CEO Marc Benioff during Salesforce’s Dreamforce on September 17, 2024 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million under a prearranged plan. … Read more
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
Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Andrew Caballero-Reynolds | AFP | Getty Images Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the … Read more
Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the COMPUTEX Forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve cut its benchmark interest rate for the … Read more
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling Chairman Larry Ellison to become the world’s second-richest person, snatching the … Read more
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which … Read more
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower … Read more
Larry Ellison, chief technology officer of Oracle (L), and Jeff Bezos, founder and executive chairman of Amazon. Reuters Oracle‘s best week on the stock market since 2021 has bolstered Chairman Larry Ellison’s net worth, briefly edging him past Amazon founder Jeff Bezos on Friday to become the world’s second-richest person. Ellison’s net worth reached $208.4 … Read more
