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A major backer of Modelo parent Constellation sold its stake. Here’s why we’re staying invested

by Adrian Jhonsan
A major backer of Modelo parent Constellation sold its stake. Here’s why we’re staying invested

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 …

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Categories World

After a busy week of trades, we’re looking to some key inflation data

by Adrian Jhonsan
After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …

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Categories World

Global chip equipment makers double China revenue share since U.S. controls

by Adrian Jhonsan
Global chip equipment makers double China revenue share since U.S. controls

A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor …

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Categories World

Global chip stocks from Nvidia to ASML fall as geopolitics, Trump weigh

by Ev Richard
Global chip stocks from Nvidia to ASML fall as geopolitics, Trump weigh

Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter export restrictions from the U.S. and a ramp-up of geopolitical tensions fuelled by comments …

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Categories Technology

Jim Cramer’s top 10 things to watch in the stock market Friday

by Adrian Jhonsan
Jim Cramer’s top 10 things to watch in the stock market Friday

My top 10 things to watch Friday, May 17 1. Wall Street heads for a flat open Friday, tracking to complete a strong week that was kicked into high gear …

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Categories World

Earnings from Home Depot, Alibaba, Walmart

by Adrian Jhonsan
Earnings from Home Depot, Alibaba, Walmart

CNBC’s Jim Cramer on Friday guided investors through next week’s market action, telling them to pay attention to a number of earnings reports, including Home Depot, Alibaba and Walmart. He …

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Categories World

The Fed’s rate hikes did little to slow our robust economy

by Adrian Jhonsan
The Fed’s rate hikes did little to slow our robust economy

Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into …

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Categories World

U.S. bans export of more AI chips, including Nvidia H800, to China

by Ev Richard
U.S. bans export of more AI chips, including Nvidia H800, to China

The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in coming weeks. The U.S. government says the …

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Categories Technology

Tech IPOs are coming back — now they have to perform

by Ev Richard
Tech IPOs are coming back — now they have to perform

InstaCart employees fulfill orders for delivery Patrick T. Fallon | Bloomberg | Getty Images Tech investors last week finally heard utterance of their favorite three-letter acronym: IPO. It’s been 20 …

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Categories Technology

News Corp and Alibaba among other notable companies

by Adrian Jhonsan
News Corp and Alibaba among other notable companies

An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Check out the companies making headlines in midday trading. …

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Categories World
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