Wall Street rebound fizzles out

Wall Street rebound fizzles out

A trader works on the floor of the New York Stock Exchange. NYSE 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 what you see? You can subscribe here. What you need to … Read more

Wall Street rebound fizzles out

Wall Street rebound fizzles out

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  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 … Read more

Jim Cramer’s top 10 things to watch in the stock market Wednesday

Jim Cramer’s top 10 things to watch in the stock market Wednesday

My top 10 things to watch Wednesday, Aug. 7 1. Disney with a blowout , beating analyst estimates on top and bottom lines. Also, a big raise to earnings guidance. It’s about time. Adjusted EPS for its fiscal third quarter were $1.39, up 35% from a year ago. The company’s combined streaming businesses (Disney+, Hulu … Read more

Market correction may not be over yet

Market correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  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 … Read more

Correction may not be over yet

Correction may not be over yet

Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City.  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 … Read more

Super Micro announces 10-for-1 stock split, shares plunge 13% on earnings miss

Super Micro announces 10-for-1 stock split, shares plunge 13% on earnings miss

Sopa Images | Lightrocket | Getty Images Shares of server company Super Micro Computer plunged 13% on Tuesday after the company announced fiscal fourth-quarter earnings that missed analyst expectations. The company also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on Oct. 1. Here’s how the company did vs. LSEG … Read more

Here’s why predicting a bottom in this market plunge is so difficult

Here’s why predicting a bottom in this market plunge is so difficult

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. Bottom challenges: The recent sell-off in U.S. stocks accelerated Monday and there’s no telling when we’ll hit the bottom. A key reason, according to Jim Cramer: … Read more

Nvidia, Super Micro lead AI trade carnage with stocks down over 5%

Nvidia, Super Micro lead AI trade carnage with stocks down over 5%

Sopa Images | Lightrocket | Getty Images Artificial intelligence stocks powering much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall Street. The declines across the sector come after Friday’s disappointing July jobs report stoked recession concerns, and worries that the Federal Reserve is behind the curve on … Read more

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. … Read more

Nvidia slides 13% in three days after becoming most valuable company

Nvidia slides 13% in three days after becoming most valuable company

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Since briefly becoming the world’s most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Monday’s slide was the chipmaker’s second-steepest … Read more