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Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical
World

Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical

Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images There’s a new member in the list of the top 10 U.S. technology companies by market cap. Data analytics software vendor Palantir jumped about […]

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Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
Technology

Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza

From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]

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The biggest questions facing Big Tech ahead of earnings
Technology

The biggest questions facing Big Tech ahead of earnings

Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second term as the 47th president of the U.S. Julia Demaree Nikhinson | Getty Images As tech’s megacap […]

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Goldman Sachs says buy call options on these stocks ahead of earnings
World

Goldman Sachs says buy call options on these stocks ahead of earnings

Wall Street is heading into a long weekend, but when bankers return to work on Monday, earnings season will be in full swing — with a lot of potential targets for options traders. “We expect single stock call buying to be an unusually profitable strategy this earnings season given 1) Put-buying pressure in single stocks […]

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Goldman Sachs says buy call options on these stocks ahead of earnings
World

Goldman Sachs says buy call options on these stocks ahead of earnings

Wall Street is heading into a long weekend, but when bankers return to work on Monday, earnings season will be in full swing — with a lot of potential targets for options traders. “We expect single stock call buying to be an unusually profitable strategy this earnings season given 1) Put-buying pressure in single stocks […]

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HPE shares pop after activist Elliott Management takes .5 billion stake
Technology

HPE shares pop after activist Elliott Management takes $1.5 billion stake

Shares of Hewlett Packard Enterprise jumped nearly 5% after Elliott Investment Management built a more than $1.5 billion stake in the server maker, a person familiar with the matter told CNBC. The activist investor hopes to engage the company in discussions on how to improve shareholder value, the source said. Elliott and HPE declined to […]

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Tech stocks head for winning week with Nvidia tracking for 15% bounceback
Technology

Tech stocks head for winning week with Nvidia tracking for 15% bounceback

Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025.  Brittany Hosea-Small | Reuters Technology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty and economic fears. […]

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10 beaten-up stocks that are candidates for a rebound — but all are not created equal
Travel

10 beaten-up stocks that are candidates for a rebound — but all are not created equal

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. Markets: Stocks are struggling to hold onto gains Tuesday with the market well off its highest levels of the session. Deeply oversold conditions combined with some […]

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Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs
Technology

Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs

U.S. President Donald Trump’s adviser Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, U.S. March 30, 2025.  Vincent Alban | Reuters Technology stocks fell for a third session on Monday, continuing the momentum of last week’s […]

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Tech megacaps lose .8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years
World

Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years

SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images No one is getting hit harder than technology megacaps as markets hit selloff mode. Once powering the market to new highs, the group known as the Magnificent Seven […]

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