CNBC’s Jim Cramer on Wednesday reflected on the significance of one of his long-time favorite stocks, Nvidia, just after the artificial intelligence powerhouse became the first company to amass $4 trillion in market cap during trading. “The fact is, neither Microsoft nor Apple can claim that they’re currently creating a new industrial revolution, like Nvidia…
Traders work on the floor of the New York Stock Exchange on July 08, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures were relatively unchanged on Wednesday evening after the S&P 500 recouped some of its losses from this week’s tariff-fueled slide. S&P 500 futures traded just above the flatline,…
The logo of the cryptocurrency Bitcoin can be seen on a coin in front of a Bitcoin chart. Silas Stein | Picture Alliance | Getty Images Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped push the price of the cryptocurrency higher into the stock market close. The price…
Nvidia has shaken off concerns about tariffs and competition to hit a new Wall Street milestone, reinforcing that the artificial intelligence boom is still at the heart of this stock market rally. The chip giant briefly passed $4 trillion in market value on Wednesday, the first company ever to do so, and its shares are…
Here are some of the companies making big moves in midday trading: Monster Beverage — The energy drink manufacturer dropped nearly 3% after Rothschild & Co. downgraded shares to neutral from buy. Analyst Charlie Higgs pointed to uncertainty around aluminum tariffs, noting that “this has yet to be reflected in consensus estimates, which look too…
My top 10 things to watch Wednesday, July 9 1. Wall Street was headed for a higher open today after the S & P 500 incurred back-to-back losses and moved nearly 1% off last week’s record highs. The minutes of the Fed’s June meeting are out this afternoon. 2. The market was still digesting yesterday’s…
Nvidia is on the brink of a $4 trillion stock market value — and Jim Cramer believes that is hardly the ceiling for the artificial intelligence giant. With the Club stock trading around $158 per share Tuesday morning, the company’s market capitalization stood a smidge below $3.9 trillion. The level to watch for Nvidia to…
My top 10 things to watch Tuesday, July 8 1. Living with contrived chaos. That’s what we are doing with trade policy like this from the White House. It’s all deliberately created. Nothing has to be done like this. If you have the market at record highs, you can get away with this. That’s what…
Jackal Pan | Moment | Getty Images Asia-Pacific markets rose after U.S. President Donald Trump announced steep tariffs on 14 trading partners, including Japan and South Korea. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the letters Trump posted on…
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 and what’s on the radar for the next session. Overbought or an opportunity? The relative…