My top 10 things to watch Tuseday, Jan. 28 1. In Jensen we fail? Really? Jensen Huang’s Nvidia bounced Tuesday after losing $600 billion in market cap in one day. The sell-off was prompted by concerns about Chinese AI startup DeepSeek getting more computing power out of throttled-back Nvidia chips. 2. Nvidia told CNBC ,…
My top 10 things to watch Monday, Jan. 27 1. Artificial intelligence stocks are plunging as Wall Street grapples with the ascent of DeepSeek, a Chinese startup that possibly built a competitive AI model for much less money than the American tech giants are spending on their pursuits. Nasdaq futures are down almost 4%. The…
My top 10 things to watch Thursday, Dec. 19 1. Micron is dead right about data center demand but very wrong about cellphone and PC demand, particularly weakness in NAND memory chips used in those markets. Micron reported solid earnings results Wednesday while lowering its outlook. Truly a mistake on CEO Sanjay Mehrotra’s part. Micron…
My top 10 things to watch Monday, Dec. 16 1. Club name Honeywell said it is weighing a separation of its aerospace business split, exactly what activist investor Elliott wants. Would be huge for us. Another update on Honeywell’s strategic review will come alongside its fourth-quarter earnings release. Shares rose more than 3% Monday. 2….
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. Thursday markets: Stocks are taking a breather after Wednesday’s big surge, especially in the Nasdaq Composite and the more narrow “Magnificent Seven” cohort. The yield on…
Feeling shut out of this hot market? Maybe some FOMO — fear of missing out. You’re not alone. The S & P 500 keeps plowing through record highs in the first week of December after November posted the best monthly gains of the year. All that buying, however, has pushed the market into overbought territory,…
Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC’s Jim Cramer said drug and junk food industries aren’t necessarily headed for ruin. “Ultimately, if RFK dons jackboots and demands that we don’t have vaccines or eat junk food, it probably won’t matter,” he said….
The U.S. presidential election beckons and even though nearly 75 million people have already voted, according to NBC News , nothing seems to have leaked out. You would figure the hedge fund algorithms would have picked up something by now, but I haven’t seen any confirmed bets made either way. That makes trading on the…
Here are five key things investors need to know to start the trading day: 1. Tech leads 2. Peak week A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters It’s the busiest week of Q3 earnings. More than 150 S&P…
The chatter in my office and on CNBC has been focused on one essential question: What sector is cheap? Not just cheap because the stocks have dramatically underperformed for several years, but attractive because these equities have the potential to outperform the S & P 500 over the next two to three years. My nominee…