Shortly after Thursday’s opening bell, we’re going to be buying 50 more shares of Capital One Financial at roughly $170. Following the trade, Jim Cramer’s Charitable Trust will own 350 shares of COF, increasing its weighting to 1.75% from 1.5%. We’re putting some money to work Thursday into a market that has moved deeper into…
Australian shares post lowest close since mid-August Financials fall for sixth consecutive session Tech stocks drop 4%, healthcare stocks down 1.8% March 11 – Australian shares fell to a seven-month closing low on Tuesday, tracking a broad sell-off across Asian markets after Wall Street slumped overnight on growing worries that U.S. President Donald Trump’s tariff…
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 Wednesday’s key moments. 1. The market was modestly higher Wednesday as confusion lingered around the status of President Donald Trump ‘s newly implemented Canada and Mexico tariffs. Commerce Secretary Howard Lutnik said Tuesday…
Super Micro Computer Inc. (SMCI, Financials), a key supplier of AI server infrastructure for NVIDIA Corp. (NVDA, Financials), reported preliminary second-quarter fiscal 2025 results, posting net sales between $5.6 billion and $5.7 billion, a 54% year-over-year increase at the midpoint. Shares of Supermicro rose 4.06% to $40.18 as of 10:51 a.m. ET on Feb. 12,…
Honda Motor Co. (HMC, Financials) and Nissan Motor Co. (NSANY, Financials) are reportedly investigating a possible merger to increase their competitiveness in the electric vehicle sector, especially in important markets like China and Southeast Asia where rivals like Tesla (TSLA, Financials) and BYD (BYDDF, Financials) rule. With a dramatic 93.5% decline in profits over the…
Driven by robust expansion in its artificial intelligence business, Broadcom Inc. (AVGO, Financials) announced a 51% year-over-year rise in sales for its fiscal fourth quarter. By fiscal 2027, the corporation estimates that its income connected to artificial intelligence might reach $50 billion yearly. Apart from the stellar results, which beat analyst estimates handsomely, AVGO also…
After launching its improved “Actually Smart Summon” capability in China, Tesla Inc. (TSLA, Financials) shares climbed around 2% on Friday. Delivered via an over-the-air software update, the function lets cars fitted with Enhanced Autopilot or Full Self-Driving packages negotiate parking lots independently and recover the car to a point inside the driver’s line of sight….
Focusing on improving research capability in autonomous driving technology, Nvidia (NVDA, Financials) has dramatically increased its personnel in China. Emphasizing its strategic commitment in the fast expanding electric vehicle sector, the business hired employees in Beijing to promote the development of self-driving technologies this year. Reflecting Nvidia’s dedication to create a whole technical ecosystem in…
Nvidia (NVDA, Financials), Apple (AAPL, Financials), and Microsoft (MSFT, Financials) now boast individual valuations exceeding $3 trillion, a level of market dominance that collectively puts the top five companies in the S&P 500 nearly 4.4 times larger than the entire Russell 2000 Index, according to a recent analysis by Jefferies. Jefferies analysts see a robust…
Tesla (TSLA, Financials) CEO Elon Musk and Vivek Ramaswamy, who would run the Department of Government Efficiency in the Trump administration, are considering a mobile app for free tax filing, according to unidentified sources cited in the Washington Post. The suggested project would be a component of a larger endeavor by the group to save…