Broadcom‘s stock surged about 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom. He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish…
Iran’s foreign minister Abbas Araghchi, speaks during a press conference at the Lutfi Krdar Congress Center on the sideline of the 51st session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC), in Istanbul on June 22, 2025. Ozan Kose | Afp | Getty Images Iran’s foreign minister said Thursday that…
After multiple years of lackluster production at wide receiver, the Buffalo Bills have acquired a pass catcher that could help Josh Allen in a major way. The Bills will acquire wide receiver DJ Moore in a trade with the Chicago Bears, ESPN reported Thursday. Chicago will reportedly receive a second-round pick in the 2026 draft…
Are software stocks in the clear now? Software stocks are rallying this week, with the iShares Expanded Tech-Software Sector ETF (IGV) advancing almost 8% through early Thursday trading, even as the broader market was caught up with fear around the U.S.-Iran war. The S & P 500 is on its way to a losing week….
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose 4.31%, or $3.51, to $84.91 per barrel at 11:30 a.m. ET. Oil prices have…
We are buying 90 shares of Cardinal Health at roughly $217. Following the trade, Jim Cramer’s Charitable Trust will own 350 shares of Cardinal, increasing its weighing to about 2% from 1.46%. We may have started a new position in Cardinal Health too early this week, but the silver lining is that the stock’s drop…
Traders work on the floor at the New York Stock Exchange, March 3, 2026. Brendan McDermid | Reuters Cloud and software stocks were a rare bright spot amid Thursday’s market drop. The WisdomTree Cloud Computing Fund (WCLD) gained 2.7%, putting the exchange-traded fund on track for its best day since April 24, when it jumped…
A disturbing trend has developed in La La Land — and no, we’re not talking about Luka Dončić’s altercation with J.J. Redick. Actually, it’s a betting trend. The Lakers are 37-24 on the season, firmly in the mix for the third seed in the West, assuming OKC and San Antonio continue to lead the pack…
OpenAI CEO Sam Altman took subtle swipes at rival Anthropic on Thursday and said he thinks it’s “bad for society” if companies start abandoning their commitment to the democratic process because “some people don’t like the person or people currently in charge.” “The government is supposed to be more powerful than private companies,” Altman said…
U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states are once again suing to block President Donald Trump’s global tariff regime, just days after a landmark Supreme Court decision struck down…
