Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive […]
CNBC Daily Open: Days of declines won’t keep AI trade down Read More »
It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis.  Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and
The Trump administration wants to allow crypto-backed mortgages. Here’s why Read More »
Ofer Shacham is CEO of Majestic Labs. Tal Givony Three former Meta and Google silicon executives on Monday announced they’ve raised a total of $100 million to build technology they say will reduce cloud companies’ spend on data center buildouts. Called Majestic Labs, the startup’s co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all
Former Google, Meta executives raise $100 million for high-capacity AI servers startup Read More »
The Instacart logo is seen on a smartphone and on a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart‘s stock rose more than 8% before the bell Monday after the grocery delivery platform topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. Here’s how the company did
Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance Read More »
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images November is historically the best month for the S&P 500, which gains an average of 1.8% during the period, according to the Stock Trader’s Almanac. But the first full trading
CNBC Daily Open: Too early to fret about tech pullback? Read More »
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April. Chief Business Officer Anna Paglia said momentum stocks still have legs because investors are reluctant to step away from the growth story that’s driven gains all year. “How would you not want to participate in the
Too early to bet against AI trade, State Street suggests Read More »
A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images This week’s equity market wobble, which saw a retreat in U.S. artificial intelligence-related stocks amid ongoing concerns over stretched valuations, has thrust contagion fears into the spotlight for global
AI valuation fears grip global investors as tech bubble concerns grow Read More »
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The conglomerate, which holds a wide range
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks Read More »
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share:Â $2.21 vs. $2.34 cents expected Revenue:Â $4.10 billion vs. $4.08 billion expected
Airbnb shares rise on revenue beat, stronger-than-expected forecast 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. Markets: Stocks tumbled Thursday as concerns about eye-watering valuations in AI-linked names persisted. The S & P 500 shed nearly 1% in afternoon trading. But the
Apple’s AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers Read More »
