This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Earlier this week, Clément Delangue, the CEO of startup Hugging Face — which was recently on the receiving end of a rogue cyber attack by OpenAI’s models — made the somewhat controversial claim that China was winning the…
ASML‘s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over. The decline came amid a steep sell-off in global semiconductor stocks as investors continued to grapple with uncertainty about the sector. ASML was last trading down 1.8%, but the stock…
Global tech stocks rallied Thursday as investors piled back into AI-related names, buoyed by Nvidia earnings. Nvidia topped forecasts for revenue, which jumped 62% to $57.01 billion year-on-year, and issued stronger-than-expected fourth-quarter sales guidance, giving investors the confidence they were looking for to continue placing bets on the AI industry. Shares were 5% higher in…
Shares in AI darling Nvidia popped in premarket trade after the U.S. firm beat expectations in third-quarter results after the closing bell on Wednesday. Shares were last trading 5.5% higher at 4:15 a.m. ET. Nvidia topped forecasts for revenue, which jumped 62% to $57.01 billion year-on-year, and issued stronger-than-expected fourth-quarter sales guidance. “There’s been a…
Nvidia on Wednesday evening delivered better-than-expected quarterly results, with a guide that should impress even those with the highest of expectations. Revenue in the company’s fiscal 2026 third quarter grew 62% year over year to $57.01 billion, outpacing the $54.92 billion the Street was looking for, according to estimates compiled by data provider LSEG. Adjusted…
The stock market’s weak response to the Anthropic deal on Tuesday could signal the start of something worse for investors: an unwind of the artificial intelligence trade. Anthropic was the latest company to land a spectacular AI deal after Microsoft and Nvidia this week said that they will invest a combined $15 billion into the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. Record breaker A new all-time…
We had some big wins this week from investing in stocks and managing a portfolio — not speculating, not betting, not risking it all on a wing and a prayer that would make Vegas casino owners green with envy. Honeywell delivered with a terrific quarter in aerospace — and you can, at last, see that…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap off Friday’s key moments. 1. The stock market rose Friday, with all three major indexes hitting fresh intraday record highs. Cooler-than-expected inflation data boosted investor optimism that the Fed will keep cutting rates to…
US stocks climbed to an all-time high on Friday, as traders cheered slower-than-anticipated September consumer price data that boosts optimism for an expected Federal Reserve interest-rate cut next week. The S&P 500 Index rose 0.8% at 9:55 a.m. in New York, with nine of 11 sectors in the green, led by technology. The Nasdaq 100…