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Jim Cramer says AI stocks are climbing as DeepSeek threat recedes on Wall Street

CNBC’s Jim Cramer on Tuesday told investors the market no longer seems to be concerned about the potential for Chinese startup DeepSeek to outpace the tech titans currently leading in the artificial intelligence arena. “This data center renaissance, so shocking to the people who abandoned these stocks — the Nvidias, the AMDs, the Vertivs, the…

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Protesters say Bezos’ star-studded Venice wedding highlights growing inequality

VENICE, Italy — This weekend’s star-studded Venice wedding of multi-billionaire Amazon founder Jeff Bezos and Lauren Sanchez has galvanized activist groups that are protesting it as a sign of the growing disparity between the haves and have-nots as well as disregard of the city’s residents. About a dozen Venetian organizations — including housing advocates, anti-cruise…

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Fed holds key rate steady

WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…

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