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Economy
Wall Street wants to see Nvidia pull off a ‘Triple Lindy’ when it reports earnings after the bell
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…
OpenAI in talks to raise funding that would value it at more than $100 billion
In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI.Didem Mente | Anadolu | Getty…
The Fed now will focus on the employment part of its mission — and for good reason
Federal Reserve officials have made it clear that they are turning their attention from a focus squarely on inflation to at least an equal concern about unemployment, and the…
Stocks making the biggest moves midday: Super Micro Computer, Berkshire Hathaway, Abercrombie & Fitch and more
Check out the companies making headlines in midday trading: Super Micro Computer — Shares shed 26% after the artificial intelligence server company said it would postpone filing…
Super Micro shares fall 23% on filing delay, Hindenburg Research report
Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023.David Paul Morris | Bloomberg | Getty ImagesShares of Super…
Nokia brand owner launches Barbie phone for $130 — with no internet
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise.HMDHMD, the company behind Nokia-branded phones, launched a Barbie-branded phone…
Jim Cramer’s top 10 things to watch in the stock market Wednesday
My top 10 things to watch Wednesday, Aug. 28 1. Wall Street was heading for a slightly lower open after the Dow closed at another record and the S & P 500 came within a whisper…
Foot Locker comparable sales grow for the first time in six quarters
Foot Locker on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear…
5 things to know before the stock market opens Wednesday
Here are five key things investors need to know to start the trading day:1. Tick, tick, tickAll three major averages closed slightly higher on Tuesday. The S&P 500 and the…
Weekly mortgage demand stalls, even though rates drop to lowest since April 2023
Rooftops of homes in a gated residential community are seen in Pico Rivera, California, on Jan. 18, 2024.Frederic J. Brown | AFP | Getty ImagesMortgage rates fell last week for the…