Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images The chief executive of the world’s largest wealth fund says there are many wild cards in financial markets right now, but the “big worry” for investors is … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Trying to rebound: After a nice … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Good news is good news: The … Read more
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Tesla : Shares rose 5% after the electric vehicle maker announced plans to increase prices of its Model Y cars in April. “The stock is reacting positively. … It’s just been the worst stock in the [ S … Read more
Apple offered investors more reasons to like its stock after the company reportedly canceled its decadelong electric, self-driving car project and CEO Tim Cook talked up the iPhone maker’s artificial intelligence vision. The tech giant announced the end to its autonomous EV pursuits internally Tuesday, Bloomberg News reported , citing people with knowledge of the … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images A new day, a new all-time high. From stocks to bitcoin, asset classes across the board have been hitting uncharted territories. Why? There are a few reasons … Read more
CNBC’s Jim Cramer said Thursday he believes Jensen Huang â the co-founder and CEO of leading artificial intelligence chipmaker Nvidia â is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. “I think that Musk can see around the corner, but I … Read more
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses â even at some companies that are turning a profit. Barbie maker … Read more
We don’t know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
