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Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling
Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images As Michael MacGillivray saw artificial intelligence becoming more ubiquitous in everyday life, the 25-year-old wanted his investments to reflect that. It didn’t take […]
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These stocks will be the biggest Nasdaq losers of 2025, according to analysts
It is no secret that tech has been responsible for most of the market’s gains this year. But that tech trade may not look the same in 2025 as favorites such as AppLovin and Netflix could actually take a hit. Investors piled money into the tech sector for the second straight year in 2024, particularly […]
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CNBC Daily Open: Holiday-thinned markets cheered by strong Wall Street finish
Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what […]
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CNBC Daily Open: Markets begin last trading week with holiday cheer
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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Silicon Valley’s White House influence grows as Trump taps tech execs for key roles
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a […]
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Stocks making the biggest moves premarket: Novo Nordisk, Honda, Xerox, Tesla and more
Check out the companies making headlines in premarket trading. Novo Nordisk — The stock jumped about 5%, rebounding from the nearly 18% losses seen in the previous session. On Friday, the Danish pharmaceutical giant’s experimental weight loss drug, CagriSema, reported late-stage trial results that missed expectations . Honda – U.S.-listed shares surged 15% after the […]
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‘It feels like Elon Musk is our prime minister’: The fallout from the funding debacle
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters As Congress regroups following another averted government shutdown, Democratic lawmakers are increasingly calling into question the level of influence Elon Musk has over […]
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House Democrats say GOP caved to Musk in funding bill, protecting his China interests
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters House Democrats Jim McGovern of Massachusetts and Rosa DeLauro of Connecticut say their Republican colleagues in Congress caved to the demands of Elon Musk, sinking a […]
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AI breakthroughs are speeding up the development of humanoid robots, but investors are still skeptical
Investors on the hunt for real-world applications of artificial intelligence may want to consider humanoid robots, which some analysts predict could begin replacing human workers at scale by the end of the decade. “Breakthroughs in generative AI are bringing 3D perception, control, skill planning and intelligence to robots,” Rev Lebaredian, Nvidia’s vice president of omniverse […]
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Tech stocks are among those that are still cheap and loved by Wall Street heading into 2025
Several technology stocks are among those that are still attractively valued in the face of mounting concerns of an AI-fueled tech bubble. Megacap technology stocks have had a monster run this year in a rally that’s stretched into yearend on hopes of profit growth tied to artificial intelligence and lower borrowing costs courtesy of Federal […]
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