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Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast
Technology

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024.  David Paul Morris/Bloomberg via Getty Images Nvidia shares popped more than 11% Wednesday after remarks from top customer Microsoft and rival chipmaker AMD signaled no slowdown in the multi-billion […]

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Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
Finance

Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more

Check out the companies making headlines in midday trading. Pinterest – Shares tumbled 12% after the social media company’s forward guidance came in below estimates. The company issued third-quarter revenue guidance in a range between $885 million to $900 million, below the $908.6 million consensus estimate analysts polled by FactSet were forecasting. Second-quarter earnings and […]

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Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
Finance

Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more

Check out the companies making headlines before the bell: DuPont — Shares popped 5% on the back of better-than-expected results in the second quarter. The chemical maker earned 97 cents per share, excluding certain items, on revenue of $3.17 billion. Analysts expected a profit of 85 cents per share on revenue of $3.05 billion, according […]

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AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector
World

AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector

Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the morning’s big winners with shares up more than 9% in U.S. premarket trading after the company reported a top and […]

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S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates
World

S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates

Traders work on the floor of the New York Stock Exchange on July 22, 2024. Timothy A. Clary | AFP | Getty Images S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad […]

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Stocks making the biggest moves after hours: Microsoft, Arista Networks, Advanced Micro Devices, Starbucks and more
Finance

Stocks making the biggest moves after hours: Microsoft, Arista Networks, Advanced Micro Devices, Starbucks and more

Check out the companies making headlines in after-hours trading: Microsoft — Shares dropped 6% after the tech giant reported disappointing results out of its cloud business. That overshadowed beats on both lines for the fiscal fourth quarter. Advanced Micro Devices — The chipmaker jumped 5% as second-quarter results surpassed estimates. AMD posted adjusted earnings of […]

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AMD says data center sales more than doubled in a year
World

AMD says data center sales more than doubled in a year

Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the Austin Convention Center on March 11, 2024 in Austin, Texas. (Photo by Travis P. Ball/SXSW Conference & Festivals via Getty Images) Travis P. Ball | Sxsw Conference & Festivals | Getty Images […]

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Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks
Health

Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks

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. Market slides : The S & P 500 gave back earlier gains and fell throughout Tuesday afternoon, led lower by the mega-cap tech stocks. Ahead of the […]

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Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates
World

Stock futures are flat in overnight trading ahead of key corporate earnings: Live updates

Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were flat in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve’s policy meeting. Futures on the Dow Jones Industrial Average inched up 20 points. S&P 500 futures and Nasdaq […]

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We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell
Health

We’re encouraged by Abbott stock trading but discouraged by moves in Honeywell

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. Market moves: The S & P 500 was on track for small gains following a solid rally last Friday. There’s still some market rotation happening, but […]

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