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Advanced Micro Devices Inc

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

by Shawn Butlere
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 …

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Categories Health

20 employees cut following $500 million funding

by Ev Richard
20 employees cut following 0 million funding

Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia, cut about 20 roles on Tuesday, CNBC confirmed. The layoffs at Cohere, which had about 400 employees according …

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Categories Technology

The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat

by Adrian Jhonsan
The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat

It didn’t take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? Unpredictability. Random attacks. No one safe. Mercurial positions. The …

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Categories World

Nvidia rebounds after TSMC says AI chip demand remains strong

by Ev Richard
Nvidia rebounds after TSMC says AI chip demand remains strong

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images …

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Categories Technology

We’re making another buy of our newest stock as tech sell-off continues

by Adrian Jhonsan
We’re making another buy of our newest stock as tech sell-off continues

We are buying 100 shares of Advanced Micro Devices at roughly $163.58. Following the trade, Jim Cramer’s Charitable Trust will own 300 shares of AMD, increasing its weighting in the portfolio …

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Categories World

Our 5 top-performing stocks since the June 2024 Monthly Meeting

by Adrian Jhonsan
Our 5 top-performing stocks since the June 2024 Monthly Meeting

It’s been another great run for stocks since the Club’s last monthly meeting in June. The likelihood the Federal Reserve will lower interest rates sooner than later after recent upbeat …

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Categories World

A true bull market — it’s not the U.S.

by Adrian Jhonsan
A true bull market — it’s not the U.S.

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories World

Nvidia deal: U.S. chip curbs just ‘business as usual’: Ooredoo CEO

by Ev Richard
Nvidia deal: U.S. chip curbs just ‘business as usual’: Ooredoo CEO

Jakub Porzyck | Nurphoto | Getty Images Qatari telecoms provider Ooredoo told CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. regulations and will still allow …

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Categories Technology

Apple, Microsoft valuations get a pass. Nvidia does not but should

by Adrian Jhonsan
Apple, Microsoft valuations get a pass. Nvidia does not but should

We don’t care at which price Apple trades. When it was at $165 per share not that long ago, we thought the Club’s original “own it, don’t trade it” stock …

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Categories World

Blistering AI demand drives a beat and raise

by Adrian Jhonsan
Blistering AI demand drives a beat and raise

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also …

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Categories World
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