The Club’s 10 things to watch Tuesday, Sept. 16 1. The S & P 500 and Nasdaq are set for a higher open this morning, aiming to extend yesterday’s gains. Both indexes closed at record highs to kick off the week. Retail sales increased 0.6% month over month in August, the Census Bureau said, exceeding…
Check out the companies making headlines before the bell: Oracle — The cloud infrastructure company jumped 5% after CBS News reported , citing sources, that Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal is finalized between the U.S. and China. Dave…
Jakub Porzycki | Nurphoto | Getty Images OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending. Liberatore, who left xAI in July after just three months on the job, begins Tuesday, a company spokesperson told CNBC….
Safra A. Catz, CEO of Oracle, on Oct. 7, 2024. Marco Bello | Reuters Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company’s upcoming growth is coming from a single client: OpenAI. The software vendor has…
Check out the companies making the biggest moves in premarket trading: Opendoor Technologies – The meme stock soared 33.6% after the online real estate platform named Shopify executive Kaz Nejatian as its next CEO . Former chief executive Carrie Wheeler resigned last month under pressure from investors. Oxford Industries — The Tommy Bahama and Lilly…
MANILA, Philippines (AP) — World shares were mostly higher Thursday, buoyed by gains of tech-related stocks after Wall Street inched to more records following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom. In early European trading, Germany’s DAX was nearly flat at 23,631.29….
Traders work on the floor as a screen displays the logo for Swedish fintech Klarna, during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025. Brendan McDermid | Reuters S&P 500 futures are flat on Wednesday night, following another day of record highs, as Wall Street awaited…
Asia-Pacific markets opened mixed Thursday after Wall Street continued to reach record highs over Fed-rate cut hopes and positive inflation data. Japan’s benchmark Nikkei 225 rose 0.23% in early trade, while the Topix index retreated 0.18%. South Korea’s Kospi advanced 0.67%, and the small-cap Kosdaq was up 0.2%. Over in Australia, the ASX/S&P 200 declined…
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 Wednesday and what’s on the radar for Thursday’s session. Oracle The Oracle stock watch…
CNBC’s Jim Cramer was just astounded by the 40% surge in Oracle stock to all-time highs on Wednesday, calling it life-changing for the individual investors who owned a lot of shares. “I have been saying [for decades] you can get rich in individual stocks,” Cramer told members of the CNBC Investing Club. He pointed to…