CNBC’s Jim Cramer opined on the accelerating artificial intelligence arms race, saying OpenAI’s latest deal with chipmaker AMD makes the ChatGPT owner more competitive. “The hyperscalers are all vulnerable if OpenAI gets this computing power,” he said. “And given the number of chips it’s buying, I think this company can go after everybody’s business.” The…
Stock Chart IconStock chart icon Remitly’s year-to-date stock performance. Remitly: “I don’t think you want to be there, I’d rather just be in a traditional bank.” Stock Chart IconStock chart icon Upbound Group’s year-to-date stock performance. Stock Chart IconStock chart icon USA Rare Earth’s year-to-date stock performance. USA Rare Earth: “We did a piece last…
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are little changed Tuesday night after U.S. stocks kicked off the new trading week with fresh records. Futures tied to the Dow Jones Industrial Average rose 15 points, or 0.03%. S&P futures ticked up 0.06%, while Nasdaq 100 futures rose 0.04%….
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator.) They say bull markets peak on good news, but not today. OpenAI’s latest gargantuan commitment for computing capacity via AMD chips – one that will be largely financed through a 10% equity position in AMD that was granted to Open…
Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in…
Check out the companies making headlines before the bell: AMD — The chipmaker surged more than 23% following a deal reached by OpenAI and Advanced Micro Devices that could see the ChatGPT parent take a 10% stake in AMD. Comerica , Fifth Third Bancorp — Fifth Third Bancorp announced a $10.9 billion all-stock deal to…
Sanae Takaichi, newly-elected leader of the Liberal Democratic Party (LDP), speaks during a news conference at the party’s headquarters in Tokyo, Japan, on Saturday, Oct. 4, 2025. Japan’s ruling party elected right-leaning Takaichi as its first female leader today, in a vote that is also likely to determine who will become Japan’s next prime minister….
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock futures were little changed Sunday night as a U.S. government shutdown continued following a week in which Wall Street rallied to record highs. Dow Jones Industrial Average futures ticked 37 points…
Government shutdowns should, theoretically, matter to the stock market. A shutdown could hurt spending power for up to 900,000 people, the highest estimate I have seen for those to be furloughed. That’s a lot of people who will spend a lot less money – especially because most Americans live paycheck to paycheck. Shutdowns still don’t…
The federal government closed up shop last week. You might not have known that if the stock market’s performance was your guide: The S & P 500 finished the week at a record high on a six-day win streak . But the longer the shutdown in Washington drags on, the more attention Wall Street may…