AI spending is boosting the economy, many businesses in survival mode

AI spending is boosting the economy, many businesses in survival mode

Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…

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Cramer says this financial name is still his favorite stock — and GE Vernova's prime position

Cramer says this financial name is still his favorite stock — and GE Vernova’s prime position

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…

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