Day: December 1, 2025
Costco sues for Trump tariff refunds before Supreme Court rules on if they’re illegal
A shopper exits a Costco store in Centerville, Ohio, US, on Tuesday, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty Images Costco is suing the Trump administration in an effort to get a full refund of new tariffs paid by the warehouse retail giant this year and to block those tariffs from continuing to […]
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Why Jim Cramer thinks the AI trade is breaking up
After years of largely trading together, stocks related to artificial intelligence and the data center are starting to move in different directions, CNBC’s Jim Cramer said. “The Google complex cohort roared while the OpenAI complex got hammered. Meanwhile, the hyperscalers with great balance sheets held up much better than the ones with strained balance sheets,” […]
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Stock futures are little changed after major U.S. indexes snap five-day win streaks: Live updates
A Trader works on the floor of the New York Stock Exchange (NYSE) in New York on November 21, 2025. Angela Weiss | Afp | Getty Images Stock futures are relatively flat Monday night after a weak start to December trading. Futures tied to the Dow Jones Industrial Average were barely changed. The S&P futures […]
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Apple names former Microsoft, Google exec to succeed retiring AI chief
John Giannandrea. David Paul Morris | Bloomberg | Getty Images Apple’s AI chief is stepping down, the company announced Monday in the most visible shake up yet to the iPhone maker’s artificial intelligence group since launching its Apple Intelligence suite in 2024. John Giannandrea, who held the position since joining the company in 2018, will […]
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Broadcom gets more Street approval, but Cramer says it’s not in a race with Nvidia
Broadcom ‘s custom chips are no threat to Nvidia , according to the latter’s CEO. Broadcom’s application-specific integrated circuits (ASICs), also known as custom chips, have soared in popularity with hyperscalers, such as Alphabet ‘s Google. The key partnership led to the successful launch of Google’s Gemini 3. The latest iteration of the AI model was […]
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Meta’s Instagram orders employees back to the office 5 days a week
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram will require U.S.-based employees to work five days a week in an office, Meta confirmed on Monday. The new return-to-office policy will take effect on Feb. 2 and […]
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MongoDB stock jumps 15% on earnings and revenue beat, strong guidance
MongoDB shares rose 15% in after-hours trading on Monday after the company announced strong third-quarter earnings that topped Wall Street estimates and issued a strong forecast. The database software maker reported a revenue of $628 million, which was up 19% year over year, blowing past the $592 million expected by LSEG analysts. The company’s adjusted […]
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Nvidia CEO to Cramer: Synopsys deal is ‘culmination of everything I showed you’ over the years
In this year’s flurry of massive artificial intelligence deals – for which a couple of billion dollars is pocket change – Nvidia ‘s announcement on Monday of a $2 billion investment to expand its long-time partnership with Synopsys might seem just incremental. Not so, asserted Nvidia CEO Jensen Huang, in an interview with Jim Cramer […]
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Kalshi makes move to court crypto traders with tokenized betting contracts
Crypto World Kalshi makes move to court crypto traders with tokenized betting contracts Published Mon, Dec 1 20252:38 PM ESTUpdated 20 Min Ago Liz Napolitano@LizKNapolitano WATCH LIVE Source
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White House releases more details on Trump’s October MRI, says results were ‘perfectly normal’
U.S. President Donald Trump speaks to reporters during travel to Washington, D.C., from Palm Beach International Airport, Florida, U.S., November 30, 2025. Anna Rose Layden | Reuters The White House on Monday released new details about President Donald Trump’s October MRI, offering a more comprehensive explanation for the procedure after questions about why the 79-year-old […]
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