Author: admin
Too many risky stocks helped the market bounce back from last week’s sell-off, according to CNBC’s Jim Cramer.”I don’t love a day like today because the speculative stocks make for bad leadership,” he said. “It’s much more encouraging when the tried and true do the leading, even if the tried and true means the Magnificent Seven and their fellow travelers.”The indexes recouped some of their losses from Friday’s rout — where $2 trillion in market value disappeared after President Donald Trump made a post on his Truth Social platform threatening to raise tariffs with China, saying the country was “becoming…
Broadcom CEO Hock Tan told CNBC’s Jim Cramer on Monday that artificial intelligence could become a larger part of global GDP as the technology spreads across industries.Tan said the current global GDP sits around $110 trillion, with 30% of that figure “valued from industries related to knowledge-based, technology-intensive.””And you put in generative AI, you create intelligence in a lot of other aspects of society,” Tan continued. “That 30% say will grow to 40% of all GDP. That’s $10 trillion a year.”If AI grows and becomes responsible for a larger piece of global GDP as Tan predicts, it would be a…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. The banks report A big list of quarterly results comes out during ” Squawk Box” with Becky Quick, Andrew Ross Sorkin and Joe Kernen. All of these stocks last hit lows on April 7. Goldman Sachs is up 12% since last reporting three months ago. It’s less than 5% from…
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024.Halil Sagirkaya | Anadolu | Getty ImagesAs Salesforce welcomes tens of thousands of people to San Francisco for its annual Dreamforce conference, CEO Marc Benioff has found himself in the center of local controversy on a national issue.In an interview with The New York Times published on Friday, Benioff appeared eager for President Donald Trump to send federal troops to his company’s hometown, inserting himself into a national debate about whether the president should call the National Guard into various Democrat-led cities…
Thomas Tuchel says Marcus Rashford has the potential to become one of the best forwards in world football, but is concerned the Barcelona loanee could waste his talent.The England head coach has also revealed he talks to Rashford regularly, warning him that he needs to score more and create more, otherwise he might regret missed opportunities when he is in the latter stages of his career. Rashford has recorded three goals and four assists in his 10 appearances for the Spanish giants since leaving Manchester United on a temporary move this summer.”He can be one of the best in the…
A trader works at the New York Stock Exchange on Oct. 3, 2025. NYSEThe S&P 500 staged a big comeback from its lows on Tuesday, but gave a lot of it back again before the closing bell as U.S. and China traded blows in a renewed trade feud. President Donald Trump criticized China for not buying soybeans late in the day, a comment that pushed the S&P 500 into the red to finish the session.The S&P 500 closed down 0.2% to 6,644.31 in a wild day that saw the benchmark fall as much as 1.5% and gain 0.4% at its…
US President Donald Trump, in the midst of his triumph ending the Gaza war and gaining the return of the Israeli hostages, is jacking up the pressure on Russia. The major threat, but not the only one, is the threat to deliver Tomahawk missiles to Ukraine that would be used to target assets inside Russia. Russia has not won the war on the ground in Ukraine. Even without the Tomahawk, Russia will experience heavy losses to Ukrainian drones aimed at Russia’s energy infrastructure and military industries. Ukrainian raids on Russia happen nearly every night, just as Russian raids on Ukraine…
Jeff CarlisleOct 13, 2025, 04:58 PM ETCloseJeff Carlisle covers MLS and the U.S. national team for ESPN FC.COMMERCE CITY, Colo. — United States manager Mauricio Pochettino said he would wait until Tuesday to determine if AC Milan attacker Christian Pulisic will play in the Americans’ friendly against Australia, while Fulham defender Antonee Robinson has been ruled out due to ongoing issues with his knee.Pochettino did say on Monday that Pulisic is progressing well in terms of his injured ankle, having logged around 20 minutes in the draw against Ecuador Friday. He added that Pulisic participated in Monday’s training session, but…
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom delivered a mixed bag Monday for proponents of bills aimed at addressing the state’s legacy of racist and discriminatory policies against Black Americans.He signed a law authorizing $6 million for California State University to study how to confirm an individual’s status as a descendant of an enslaved person. But he vetoed other bills the California Legislative Black Caucus championed as tools to atone for the state’s history. One of them would have authorized public and private colleges to give admissions preference to descendants of enslaved people. Another would have required the state…
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024.Jeenah Moon | Bloomberg | Getty ImagesGoldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in assets under supervision, according to a release from the investment bank.Goldman is paying $665 million in cash and equity, and up to $300 million more based on the firm’s future performance through 2030, the bank said. The deal is expected to close in the first quarter of…