Retail investors should stay the course on Apple stock despite a new Wall Street downgrade , according to Jim Cramer. “People at home, I urge you not to listen,” Jim said Friday, in response to Jefferies analyst Edison Lee cutting the iPhone maker’s shares to underperform, a sell equivalent rating, from hold. “I think owning…
The Club’s top 10 things to Thursday, Oct. 2 — Matthew J. Belvedere and Kevin Stankiewicz wrote this morning’s newsletter. 1. The S & P 500 was heading for a higher open this morning. The index reversed yesterday’s early declines on the government shutdown and weak ADP jobs concerns and closed at a record high….
My top 10 things to watch Wednesday, Oct. 1 1 . Government shutdown implications? Don’t buy on the first day, but stocks have historically been higher a week after the shutdown ends. The U.S. government shut down at midnight after the Republican-controlled Senate failed to secure a temporary spending bill. 2. Nike is coming back. The…
It was a terrific third quarter for Wall Street as the stock market hit record high after record high. The S & P 500 and Nasdaq climbed 7.8% and 11.2%, respectively, from the June 30 close to Tuesday’s close, the session before the start of the fourth quarter, which began on a sour note after…
My top 10 things to watch Monday, Sept. 29 1. Wall-to-wall ads for Apple’s iPhone 17 are being run this weekend by the wireless carriers. That feeds into my belief that Wall Street is underestimating this upgrade cycle for Club name Apple. Bank of America, which has a buy rating on Apple stock, said order…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hundreds of AI apps and sites can now easily make fake pornography from photos of anyone, including children. Three women in Minneapolis tell CNBC how a close friend made explicit imagery of them using a “nudify” tool. Often marketed as simple face-swappers,…
Apple Inc. has created a ChatGPT-style iPhone application to support the development of a major overhaul of its voice assistant, Siri, expected to launch next year, according to sources familiar with the matter, reported Bloomberg. Veritas: Internal Testing Tool The app, reportedly known internally as Veritas—Latin for “truth”—allows Apple employees to test new AI-driven features…
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia this week said it’ll invest $100 billion into OpenAI in a deal that highlights just how big the chipmaker’s investment portfolio has…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Trump’s new tariffs President Donald Trump on Thursday announced new tariffs on pharmaceuticals, heavy trucks, kitchen cabinets and upholstered furniture, all of which he said will take…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A firm finish to the week for stocks keeps the S & P 500 ‘s multi-day pullback to a minimum. With every excuse to retreat more notably — technical overbought conditions, unfriendly seasonal…