Tech News
← Home  ·  All topics

Stocks

21 GoKawiil briefs on this topic

Jim Cramer stays bullish despite $100 oil, cites AI and bank stock strength

Jim Cramer said on 'Mad Money' that despite rising oil prices hitting retail, staples and discretionary stocks like Comcast, Procter & Gamble and Stanley Black & Decker, he remains optimistic about the broader market. All three major indexes fell for a third straight session, but Cramer pointed to strong AI-related semiconductor stocks, resilient bank shares, and the potential for oil prices to ease as reasons for his continued confidence.

Robinhood's Tenev pushes back on AMC over stock tokenization control

Robinhood CEO Vlad Tenev defended his company's tokenized stock products, arguing that once a company goes public, other firms can build financial instruments referencing its shares without needing the issuer's permission. This follows AMC CEO Adam Aron's public criticism that Robinhood's tokenized AMC shares let the brokerage profit from exposure to the stock without AMC's involvement or consent.

Cramer urges investors to look beyond AI stocks toward aerospace, fintech, healthcare

Jim Cramer said on 'Mad Money' that markets are overly fixated on AI data-center stocks, urging investors to diversify. He cited GE Aerospace's nearly $12 billion acquisition of Consolidated Precision Products as a boon for Boeing's supply chain, and praised fintech names Robinhood and Affirm along with healthcare firms Hinge Health and Medtronic as overlooked opportunities.

Quantum computing stocks rally after US government finalizes funding deals

Shares of leading quantum computing firms including Rigetti, D-Wave and IonQ climbed sharply even as broader markets fell. The gains follow confirmation that the US government has finalized substantial funding commitments to several of these companies, totaling hundreds of millions of dollars across three firms.

Investment portfolio trims AI winners like Palo Alto Networks and Corning, adds defensive stocks

A closely watched investment portfolio cut positions in AI-linked names Palo Alto Networks and Corning last week after big run-ups, locking in gains of roughly 148% and 52% respectively. Proceeds were redirected into more defensive holdings such as BNY and Kimberly-Clark, as rising oil prices and Treasury yields pressured risk appetite even after Nvidia's strong earnings failed to lift the broader AI trade.

Rising Trend: Couples Use Prenups to Plan for Death, Not Just Divorce

A growing number of couples are signing prenuptial agreements primarily to establish how assets like homes, investments, and retirement accounts will be handled if a spouse dies, rather than solely to prepare for divorce. This shift broadens the traditional purpose of prenups beyond their conventional association with marital breakup.

Nvidia and Salesforce earnings beat estimates, lifting tech stocks on Wall Street

Nvidia and Salesforce both posted stronger-than-expected quarterly profits, citing robust demand tied to artificial intelligence spending. The upbeat results pushed technology shares higher and helped drive broader gains across Wall Street on Thursday, with Nvidia contributing the biggest boost to the market.

European Markets Split as Tech Shares Jump on Nvidia Results

European stock indexes opened with a mixed performance, showing no unified direction across the region. However, artificial intelligence-related stocks stood out with notable gains, buoyed by Nvidia's latest earnings report.

SEC subpoenas banks linked to Leopold Aschenbrenner's Situational Awareness hedge fund

The Securities and Exchange Commission has issued subpoenas to banks that handled trading and funding for Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, according to the New York Times. The probe comes after the fund lost billions in value following a late-July slump in AI stocks, though regulators have not accused the firm of any wrongdoing. Situational Awareness says it will fully cooperate with regulators, calling such scrutiny normal for high-profile funds.