A couple of mega-cap AI proxies are supporting the S&P 500 while overall breadth and old-economy cyclicals struggle.… MORE
Category Archives: Top News
Amazon closes at record after $38 billion OpenAI deal with AWS
OpenAI will immediately begin tapping Nvidia’s AI processors using infrastructure from Amazon Web Services.… MORE
Why Jim Cramer wants to load up on more shares of this DuPont spinoff
Qnity Electronics moved higher in its public debut on the New York Stock Exchange on Monday.… MORE
Nvidia stock climbs 2% as U.S. approves chip sale to the UAE under Microsoft deal
Microsoft’s licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.… MORE
Ether falls 7% following a multimillion dollar hack of a decentralized finance protocol
The Ethereum-linked token briefly fell below its critical $3,600 level as investors wrung their hands over several bearish events. … MORE
Cipher Mining shares soar after Q3 earnings beat, firm moves deeper into AI: CNBC Crypto World
On today’s episode of CNBC Crypto World, major cryptocurrencies are under pressure as the first trading week of November kicks off. Plus, Standard Chartered’s CEO says he envisions a future in which nearly all global transactions are conducted on a digital blockchain ledger. And, as earnings season is underway, Dan Dolev, senior analyst at Mizuho,…… MORE
Bank of America says these companies have dividends that beat the market — but aren’t stretching to pay
In this unsettled environment, investors may be considering dividend stocks for income. But not all of them are created equal.… MORE
Third-quarter earnings are indicating a divided economy
Quarterly earnings reports from consumer companies are increasingly showing how consumers are diverging in their spending.… MORE
Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
The central banker said Monday that she supported the recent interest rate reduction and indicated she would be open to more.… MORE
Tech rules Monday’s stock market — plus, Eli Lilly’s big comeback and new vote of confidence
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.… MORE