CNBC’s Jim Cramer says KeyBanc’s sell call on ServiceNow stock is a “radical move.” KeyBanc analyst Jackson Ader downgraded ServiceNow to an underweight sell from a hold-equivalent sector weight. Ader established a $775 price target, which was right around where shares were trading Monday after dropping more than 11%. “This is one of the most…
When SpaceX eventually goes public, the long-anticipated offering is expected to be the largest IPO ever, reshaping valuations across the aerospace industry and delivering a rare blockbuster deal for Wall Street. The Elon Musk -led space launch company is preparing to go public next year, reportedly targeting a valuation of about $1.5 trillion , potentially…
Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.”…
The Trump administration on Monday unveiled a new initiative dubbed the “U.S. Tech Force,” comprising about 1,000 engineers and other specialists who will work on artificial intelligence infrastructure and other technology projects throughout the federal government. Participants will commit to a two-year employment program working with teams that report directly to agency leaders in “collaboration…
SEOUL, South Korea — When actor Amy Baik was cast in a South Korean commercial last year, she thought she had landed a promising gig. But after filming wrapped, she was shocked to learn that both the director and advertiser had cut her scenes — not because of her performance, but because she lacked a…
Fernando Mendoza became the first player in Indiana’s history to win the Heisman Trophy on Saturday. Now, he might be the first player from Indiana to be selected with the No. 1 overall pick in the NFL Draft in nearly 90 years. The Indiana star is not only being viewed as the top quarterback prospect…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 fell Monday as investors continue to rotate out of tech names and into value-oriented areas of the market. Case in point: Chipmaker Broadcom ‘s…
GENEVA — Organizers of the Eurovision Song Contest on Monday announced a final list of 35 countries that will take part in the glitzy pop-music gala next year, after five countries said they would boycott due to discord over Israel’s participation. Contest organizers announced the list for the 2026 finale, set to be held in…
Get those ballots ready, NBA fans! The road to the 2026 All-Star Game is about to officially open. The 2026 NBA All-Star Weekend will take place from Feb. 13-15. Here’s everything you need to know about the voting results, rosters and starters who will make the trip to Los Angeles. When does 2026 NBA All-Star…
Rob Reiner discusses the story of “Spinal Tap” at 92NY on September 15, 2025 in New York City. John Lamparski | Getty Images Entertainment | Getty Images President Donald Trump slammed Rob Reiner on Monday morning, a day after the famed Hollywood director and his wife, Michele Singer Reiner, were found brutally slain in their…
