Author: Editor-In-Chief
Important pointsCNBC’s Jim Cramer said AMD still has significant upside potential, arguing that AI-driven CPU demand will continue to push the stock higher. Cramer was reacting to HSBC downgrading AMD from buy to hold.CNBC’s Jim Cramer argued for a downgrade for Advanced Micro Devices, saying the stock still has significant upside potential as demand for its chips continues to soar. “Advanced Micro has the CPU, and the CPU is what the agents are using,” Cramer said Monday during the CNBC Investing Club morning session, which provided a daily breakdown of the market’s biggest stories. “So if you have them, this…
On April 29, 2026, Elon Musk appeared in court in a federal court in Oakland, California, to attend the trial of a lawsuit regarding commercial conversion of OpenAI. Manuel Orbegoso | ReutersLast year, the Securities and Exchange Commission agreed to settle a lawsuit filed by Elon Musk, one of the world’s richest men, alleging that he violated securities laws in advance of his acquisition of Twitter. A Monday filing signed by the SEC and lawyers representing Musk said Musk’s revocable trust will pay the commission a $1.5 million civil penalty as part of the settlement. The settlement still needs approval…
Congressman Joe Morrell (D-New York) looks on during a press conference on the SAVE America Act at the U.S. Capitol on March 17, 2026 in Washington, DC. Heather Deal | Getty ImagesHouse Minority Leader Hakeem Jeffries announced Monday that he will send U.S. Rep. Joe Morrell this week to meet with New York Gov. Kathy Hochul and state legislators about redistricting in the middle of the decade.Jeffries and Morrell, both New York Democrats, said in a joint statement that the effort is a response to last week’s Supreme Court decision weakening parts of the Voting Rights Act, the landmark 1965…
According to media reports, the Brazilian president is scheduled to meet with the US president at the White House in the coming days.by News Agency and ReutersPublished May 4, 2026May 4, 2026Brazilian President Luiz Inacio Lula da Silva is scheduled to visit the United States later this week and meet with President Donald Trump, according to media reports.Brazilian newspaper O Globo first reported the planned trip on Monday. Reuters also reported later that day, citing two unnamed Brazilian officials, that Lula would travel to the United States within the next few days. One source said he was traveling on Wednesday…
Nottingham Forest beat disastrous Chelsea 3-1 at Stamford Bridge to move six points clear of the Premier League relegation zone and send Aston Villa a warning ahead of Thursday’s Europa League semi-final second leg.While home fans were furious after Chelsea’s sixth straight Premier League defeat and their chances of qualifying for Europe were in serious jeopardy, the visiting side celebrated a resounding victory that few could have predicted when the team sheets were released. Vitor Pereira made eight changes to his starting lineup with the game against Villa in mind. However, it was a spectacular success of the head coach’s…
Brett Taylor’s AI startup Sierra has raised $950 million in a funding round led by Tiger Global and GV, the company announced Monday, giving it a post-money valuation of more than $15 billion. The funding brings Sierra more than $1 billion in funding, which the company says it will use to become the “world standard” for AI-powered customer experiences. Like many AI companies, Sierra has wisely been very aggressive in touting its growth in a crowded market. The company says it started a few years ago with just four design partners. Today, the company claims to have more than 40%…
Analysts have poured cold water on the idea of GameStop acquiring eBay, saying it is unlikely to win approval from eBay’s board of directors because there is no functional overlap between the two businesses and there would be only superficial financial benefits. Wall Street firms said that eBay’s strong recent performance (its stock price is up 26% since the beginning of the year) and the fact that it is a much larger company than the bidder were also factors that could inhibit the deal’s viability. “In our view, there appears to be a lack of meaningful synergies between the two…
Captain Lawrence Shankland kept Hearts firmly on course for Scottish Premiership glory as they came from behind to beat Rangers 2-1 at a red-hot Tynecastle, all but eliminating one of their two main rivals from contention.Gers arrived in Edinburgh four points off the pace and looked set to blow up the three-way battle for the Championship when they deflected Dujon Sterling’s shot to take the breakthrough lead. However, Hearts, who had been on the back foot for much of the first half, regained their footing at half-time and turned the game around with goals from Stephen Kingsley and Shankland. Use…
When will we take the fate of AI seriously? Here’s a key breakdown of Elon Musk’s attempt to shut down OpenAI’s commercial AI business. His lawyers argue that the organization was founded as a charity focused on AI safety and has lost its way in pursuit of profit. To prove that, they cite old emails and statements from the organization’s founders about the need for a public-spirited counterweight to Google DeepMind. Today they called Stuart Russell, the only expert witness who can speak directly about AI technology. Stuart Russell is a computer science professor at the University of California, Berkeley…
A job seeker holds a Florida Department of Corrections “Correctional Officer Recruitment” form during the Mega Job News USA South Florida Job Fair at Amerant Bank Arena on April 30, 2026 in Sunrise, Florida.Joe Radle | Getty ImagesTraders at prediction market platform Karshi have compiled forecasts that beat the consensus for April’s labor market report, which will be released on Friday. Karshi traders believe there is about a 50% chance that more than 66,000 non-farm jobs will be created in the same month. This is higher than the 53,000 new jobs expected by economists compiled by Dow Jones. Nonfarm payroll…