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Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Thursday’s key moments. 1. Stocks fell on Thursday as U.S. oil prices rose above $100 per barrel. Optimism about an Iran peace deal has dipped following reports that Iran’s supreme leader will not allow the country’s enriched uranium to be shipped out of the country. U.S. Treasury yields rose as investors worried that rising energy prices could reignite inflation. Jim Cramer said, “Everything was looking very good and then all of a sudden what happens? Oil goes up.” For Nvidia, Jim…
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At this point, there’s no denying that the problem with NVIDIA stock is sentiment, or rather distrust. Yes, that’s it. Distrust. There’s no other way to explain the stock’s lackluster reaction to NVIDIA’s quarterly report, not just after Wednesday night’s crash, but over the past few quarters. “Demand is growing parabolically,” CEO Jensen Huang concluded the call. He said demand was “soaring” last quarter. You almost feel sorry for him. He would soon run out of words to explain his request. Perhaps the most interesting part of Nvidia’s report is its new reporting framework. Specifically, we break down our data…
Acting Attorney General Todd Blanche testifies during a hearing of the Senate Appropriations Committee, Subcommittee on Commerce, Judiciary, Science, and Related Agencies, May 19, 2026, at the Dirksen Senate Office Building in Washington, DC. Nathan Posner | Anadolu | Getty ImagesActing Attorney General Todd Blanche is meeting with Republican senators Thursday morning about the Justice Department’s controversial “legislative” fund, amid growing pushback in Congress over the idea of paying settlements to those who attacked police during the 2021 Capitol riot.“I think the stilts are stupid,” Sen. Thom Tillis, R-RN.C., said in an interview with Spectrum News about the $1.8 billion…
summary NOAA predicts a below-average hurricane season in the Atlantic, with between eight and 14 named storms forming through November. The expected recurrence of El Niño and its potential to become historically strong is driving this prediction. Ocean temperatures that can spark storms remain above normal, but below record levels seen in recent years. However, the warming continues for several months, typically reaching its peak around August. AI-generated summaries were reviewed by CNN editors. As the clock ticks down to the June 1 start of the 2026 Atlantic hurricane season, the National Oceanic and Atmospheric Administration’s first forecast has been…
intuition The company, the parent company of TurboTax, Credit Karma and QuickBooks, cut about 17% of its workforce on Wednesday, but CEO Sasan Goodarzi said the job cuts were aimed at streamlining operations and improving execution rather than replacing employees with artificial intelligence.”None of it had anything to do with AI,” Goodazzi told Jim Cramer on CNBC’s “Mad Money.” “It was all about how can we be more efficient?”Intuit’s layoffs come amid concerns that advances in generative AI could lead to a significant spike in unemployment, especially in high-tech industries. As of this week, 114,173 tech workers have been laid…
President Donald Trump has twice hinted at the possibility of meeting with Taiwanese President Lai Ching-de since meeting with Chinese President Xi Jinping in Beijing last week.This will be the first direct contact between the heads of government since the United States switched diplomatic recognition from Taipei to Beijing in 1979. However, it remains committed to supporting the defense of self-governing democracy under the Taiwan Relations Act of 1979.Recommended stories list of 4 itemsend of listIn a Foreign Ministry statement on Wednesday, Taiwan’s president responded to President Trump’s comments and said he would be “happy” to speak with him.He added…
Ukraine claims to have killed scores of Russians in two airstrikes in its occupied eastern regions, as Kiev steps up medium-range drone strikes targeting Moscow’s military infrastructure. The first wave of airstrikes hit a Russian drone operator training camp in the occupied town of Snizhne on Wednesday night, killing at least 65 cadets and one instructor, the commander of Ukraine’s Unmanned Systems Forces said. Ukrainian President Volodymyr Zelenskiy on Thursday claimed that around 100 Russians were killed or injured in an attack on the headquarters of Russian security services and air defense systems in occupied Ukraine’s Kherson region. He did…
Dario Amodei speaks on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland, January 21, 2026. Oscar Molina CNBCAnthropic is expected to generate $10.9 billion in revenue in the second quarter, CNBC confirmed Wednesday, a number that would exceed the company’s sales for all of last year. If Anthropic achieves this goal, it will mark its first quarterly profit, said a person familiar with the matter, who asked not to be identified because the details are private. Anthropic had revenue of $4.8 billion in the first quarter, the person said, meaning sales more than doubled in a matter…
A power storage device from Bloom Energy in San Ramon, California.Smith Collection | Gad | Archive Photos | Getty Imagesbloom energy company The company’s stock rose to a 52-week high after announcing a partnership with Nebius, a European AI cloud provider that aims to overcome power constraints in building AI infrastructure. Nevius announced Wednesday that it will deploy Bloom’s fuel cell technology to generate more and faster electricity in its U.S. data centers, with the potential to expand globally. The group will pay Bloom up to $2.6 billion in service fees over the term of the agreement, subject to terms,…