Finance
The logo of American semiconductor company Qualcomm on display in March at the 2025 Smart City Summit and Expo in Taipei, Taiwan. On Monday, U.S.-based Qualcomm said its Snapdragon 6s Gen 4 mobile chip set will offer a 36% CPU performance boost and its Adreno GPU upgrades will deliver a 59% faster user experience. File…
Tom Hulick, Strategy Asset Managers CEO, has a few innovative companies he’s recommending to investors. Hulick joined CNBC’s ” Power Lunch ” on Monday to give his bullish take on a handful of stocks, including artificial intelligence chipmaker Broadcom as part of the “Power Check” segment. Take a look at what he had to say:…
Buenos Aires, Argentina — Markets in Argentina rallied, the peso surged and the country’s sovereign bonds jumped on Monday as libertarian President Javier Milei hailed his party’s resounding victory in midterm congressional elections as a mandate to press forward with radical free-market reforms. Investors recovered confidence in the chronically depreciating Argentine peso that they were…
Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the race to cash in on the massive AI datacenter buildout heats up. If successful, Qualcomm, a San Diego-based tech giant, could win a spot in the data centers powering AI as customers…
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. Market moves: Stocks were rallying to start the week, with all three major stock benchmarks — the Dow , the S & P 500 , and…
Qualcomm CEO Cristiano Amon said it’s too early to call winners in the AI race, comparing the current boom to the dot-com era while predicting the technology will bring long-term, transformative impact. His comments come amid growing concerns from industry leaders that soaring AI valuations may signal a developing market bubble. Cristiano Amon, the CEO…
This article first appeared on GuruFocus. U.S. equity benchmarks climbed Monday as investors positioned for a busy week of big-tech earnings and an upcoming Federal Reserve decision. The S&P 500 rose about 1% and the Nasdaq Composite climbed about 1.5%, according to market data. Tech heavyweights drew buying interest ahead of results. Qualcomm (NASDAQ:QCOM) surged…
By Jonathan Stempel (Reuters) -Berkshire Hathaway has been downgraded to “underperform” by Keefe, Bruyette & Woods, which said lower car insurance margins, tariffs, falling interest rates, smaller clean energy tax credits and Warren Buffett‘s departure will weigh on its share price. KBW analyst Meyer Shields, who had rated Berkshire “market perform,” also cut his target…
“The dollar always talks in the end,” Donald Trump wrote in his 1987 bestseller The Art of the Deal. Javier Milei’s surprise triumph in Argentina’s midterm elections – after Trump bailed him out with 40bn of them – suggests there may be some truth to that assertion. The US president had vowed to jettison his…
A weekend truce in the trade war between China and the US sent the stock market to all-time highs on Monday. Speaking during his visit to Asia, Donald Trump said China and the US were headed for a trade deal ahead of a meeting between the president and China’s Xi Jinping scheduled for later this…