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…
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 Monday and what’s on the radar for Tuesday’s session. Big deal and Big Tech…
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%….
Japan’s stock market surged to a record high overnight as new political leadership in Tokyo fueled bets on stronger fiscal support and stable monetary policy. Here’s how U.S. investors can take advantage of one of the world’s most powerful equity bull runs. Japan’s Nikkei 225 index jumped 4.8% to overnight Monday after the country’s ruling…
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…
Wall Street’s attention in the week ahead will largely be fixed on a scheduled address from the Federal Reserve Chair, Jerome Powell, alongside the onset of the third quarter earnings season. Economic data, typically a key driver, will take a backseat due to ongoing delays caused by the US government shutdown. Mr Powell is due…
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…
Warren Buffett’s shrewd dealmaking instincts remain intact even as the 95-year-old legendary investor inches close to the end of his term as Berkshire Hathaway CEO. Berkshire said Thursday it reached a deal to buy Occidental Petroleum’s chemical business, OxyChem, for $9.7 billion in cash, marking its largest purchase since 2022. The transaction reflects Buffett’s investment…