Author: Editor-In-Chief
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 were mixed Thursday as investors moved away from AI hardware stocks and into healthcare, financials and other laggard sectors. Jim believes the recent weakness in tech stocks reflects broader rotation rather than deteriorating fundamentals. Health care stocks led the gains, with club holdings Eli Lilly and Johnson & Johnson up about 5.5% and 2%, respectively. While investors have profited from some of the market’s biggest AI winners, Jim expects this shift to be temporary and that…
US President Donald Trump has criticized lawmakers, including some Republicans, for voting in favor of a resolution to curb Iran’s ability to wage war.Thursday’s statement came a day after the U.S. House of Representatives passed the so-called War Powers Resolution, which aims to limit President Trump’s war-making powers without further approval from Congress.Recommended stories list of 3 itemsend of listThe resolution, which had previously been rejected three times in the House of Representatives, passed with a vote of 215 to 208, with four Republicans joining Democrats and passing the majority threshold.On his online platform Truth Social, President Trump criticized lawmakers…
Where I live, Wednesday is trash day, but here we have recycling, so the trash cans are divided into four. One for solid waste, one for “containers” like bottles and cans, one for compost (basically grass clippings), and one for paper. The last two are the biggest, but still, somehow the ones for paper are never big enough. Right now everything is being shipped and everything that is being shipped is in boxes. Sure enough, today, no matter how much I folded and stuffed things, I ran out of space in the paper box and a large amount of cardboard…
Former US National Security Adviser John Bolton was released from federal court on October 17, 2025, in Greenbelt, Maryland, after pleading not guilty to charges of mishandling classified material. Mr. Bolton was indicted by a federal grand jury on Thursday.Alex Kent Getty ImagesJohn Bolton, who previously served as President Donald Trump’s national security adviser, has agreed to plead guilty to keeping classified information in a personal diary, MS NOW reported Thursday.Bolton, a vocal critic of Trump, could be sentenced to up to 60 months in prison and a $2.25 million fine as part of a plea deal with federal prosecutors…
Apple on Thursday released its annual update on the state of the App Store ecosystem ahead of the Worldwide Developers Conference (WWDC), which begins next week. The tech giant said the App Store facilitated more than $1.4 trillion in developer charges and sales in 2025, up from the $1.3 trillion it announced at this time last year. This number includes all business conducted through apps on the platform and is intended to represent how the App Store creates economic opportunities for mobile developers beyond sales from in-app purchases. It also helps to view Apple’s part of this business – fees…
The S&P 500 index is up nearly 20% over the past nine weeks, a historic rally that will make even the most bullish investors blush. And while the company’s nine-day winning streak appears to be in jeopardy, two major tech companies that released earnings after the bell could decide their next moves. broadcoma major chip manufacturer that also acts as a software provider, and cloud strikea cybersecurity leader who is helping lift cloud stocks out of a bear market.At more than $2 trillion, Broadcom is currently larger than two of the Magnificent Seven stocks, and with a year-to-date gain of…
Canada – 2025/08/07: In this illustrated photo, the SoftBank Group (SoftBank) logo is displayed on the smartphone screen. (Photo illustration: Thomas Fuller/SOPA Images/LightRocket, Getty Images)Sopa Images | Light Rocket | Getty Imagesshares of Softbank Group It fell more than 11% after U.S. markets tumbled overnight on the back of increased profit-taking in the tech sector. Other Asian tech giants: TSMC and foxconnStock prices also fell.The Japanese investment giant recently overtook Toyota Motor Corp. to become the country’s most valuable company, but SoftBank’s high-risk bet on AI has market concerns, even as investor enthusiasm for the new technology has seen its…
Karl-Anthony Towns #32 of the New York Knicks celebrates during the third quarter of Game 4 of the NBA Eastern Conference Finals against the Cleveland Cavaliers at Rocket Arena on May 25, 2026 in Cleveland, Ohio. Jason Miller | Getty ImagesCarsi relies on Wednesday Knicks games and New York City bars to show off his hedging strategy for the masses.A local bar on New York City’s Upper East Side is promising customers they’ll pay everyone’s bill if the Knicks win their first game against the Spurs. Because of hedges, we are able to deliver on that bold promise. The bar,…
The BlueSky logo will appear on your phone’s screen and its icon will appear behind it.Anadolu | Anadolu | Getty ImagesBluesky, a social media platform born within Twitter, rose to prominence as a rival to the network after Elon Musk acquired the company and rebranded it to X.But now, two years after its launch, the site only has about 10% of X’s estimated global users. Rose Wang, Bluesky’s chief operating officer, told CNBC that the site’s future lies not in competing with X, but in drawing inspiration from online community forums. reddit.”The world is changing rapidly, and we’re not trying…
SCOTTSDALE, Ariz. — For Honeywell Aerospace CEO Jim Currier, it’s time to show investors what his company can do as a standalone business. “We have a dedicated management team that is focused on just one strategy, one mission, as opposed to the different missions of a conglomerate,” Currier told CNBC at his company’s investor day.When Honeywell Aerospace officially separates from its parent company later this month, it will aggressively advance its advantages in a host of technologies, including avionics, engine control systems, and the nose-to-tail of commercial aircraft, business jets, and military aircraft.It is expected to accelerate growth. As a…