Jim Cramer on CNBC called defense technology company AeroVironment the next “Palantir of hardware” on Wednesday morning, and the stock went on to soar even higher after his commentary. Shares of AeroVironment, which makes unmanned aircraft systems, were already up 6% in the premarket after the company reported strong earnings after Tuesday’s close. By the…
Bernstein thinks investors are underappreciating Coinbase’s potential. Analyst Gautam Chhugani stood by his outperform rating on the stock and hiked his price target to $510 per share from $310. Shares of Coinbase closed at $344.82 on Tuesday afternoon, meaning that Chhugani’s revised target represents upside of approximately 48%. “Coinbase is the most misunderstood company in…
My top 10 things to watch Wednesday, June 25 1. All-time high watch for Nvidia today. Shares of the AI chip giant closed yesterday at $147.90, less than $2 below its Jan. 6 record close of $149.43. I’ll discuss Nvidia and the rest of the Club’s portfolio at our Monthly Meeting at noon ET. Nvidia’s…
U.S. President Donald Trump speaks to reporters onboard Air Force One en route to the NATO summit in The Hague, Netherlands, June 24, 2025. Brian Snyder | Reuters The ceasefire between Israel and Iran appears to be holding. In yesterday’s newsletter, we talked about how a blitzkrieg of missile-led diplomacy seemed to help de-escalate tensions….
The 2025 Summer Davos forum will be held from June 24 to 26 in Tianjin and is expected to bring together around 1,800 participants from over 90 countries and regions. China News Service | China News Service | Getty Images This report is from CNBC’s The China Connection newsletter, which brings you insights and analysis…
Traders work at the New York Stock Exchange on June 18, 2025. NYSE S&P 500 futures are near flat Tuesday night as investors watch to see if the benchmark index can return to its all-time high. Futures tied to the broad index ticked down 0.1%, as did Nasdaq 100 futures. Dow Jones Industrial Average futures…
A truck passes by shipping containers at the Port of Los Angeles. Mark Ralston | Afp | Getty Images A new wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases. President Trump imposed…
Apple is one of the greatest stock buyback stories in history. It’s time to cut it. We have long been fans of Apple’s repurchase plans in addition to the margin expansion attributable to strong services sales. The combination has supported earnings growth even when overall sales stalled. However, with shares down nearly 20% year to…
Israel lifts wartime operating restrictions on all areas of country Israel has lifted war-related restrictions across the country that had banned public gatherings, closed schools, shuttered all but essential businesses, and limited air travel. “Following a situation assessment and approval by Defense Minister Israel Katz, it has been decided that starting today at [8 p.m….
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks jumped and oil prices declined again Tuesday as Wall Street speculated that a ceasefire between Israel and Iran would hold. The S & P 500 advanced about…