Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are up nicely, with the S & P 500 rising roughly 0.5%, the Nasdaq up 1%, and the Dow Jones Industrial Average holding around the…
Bitcoin may be in the dumps, but two stocks linked to the flagship cryptocurrency could soon see their shares more than double, according to Morgan Stanley. In a Sunday note to clients, the investment firm initiated coverage of bitcoin miners Cipher Mining and TeraWulf , giving the stocks “overweight” ratings. Its analysts put a $38…
That 23XI Racing and Front Row Motorsports will field an extra car to attempt to make the Daytona 500 this week is just a subtle sign of what it meant to get through their lawsuit against NASCAR before the start of the 2026 season. Both organizations had told employees they would have jobs in 2026…
Workday co-founder Aneel Bhusri at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020, when he was CEO of the company. Bhusri will once again take on the role, with Carl Eschenbach stepping down. Adam Galica | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and…
The AppLovin logo arranged on a laptop in New York on Feb. 26, 2025. Gabby Jones | Bloomberg | Getty Images Short seller CapitalWatch has issued an apology and revised its report accusing a major AppLovin shareholder of financial crimes. The report, published last month, alleged relationships between Hao Tang and criminal syndicates, which the…
MILAN — MILAN (AP) — YouTuber-turned-boxer Jake Paul showed up for speedskating at the Milan Cortina Winter Olympics on Monday, taking a second-row seat in the stands for the women’s 1,000 meters, in which his fiancée, Jutta Leerdam of the Netherlands, was among the medal favorites. Wearing a scarf on his shoulders with the orange…
Perennial FCS power North Dakota State will move up to the FBS level this season and join the Mountain West for football, the conference and university announced Monday. North Dakota State, which won 10 of the last 15 championships in the FCS, will give the revamped Mountain West an even 10 members for football starting…
Big Tech’s spending plans are spooking investors as of late, but these plans could also signal a buying opportunity, according to Canaccord Genuity. Stocks sold off last week as the latest quarterly reports from Microsoft, Meta Platforms, Amazon and Alphabet revealed stepped up capital expenditure plans that revived worries about the spending if AI fails…
Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have…
A box of Wegovy pills arranged at a pharmacy in Provo, Utah, US, on Thursday, Jan. 15, 2026. George Frey | Bloomberg | Getty Images The Food and Drug Administration said Novo Nordisk‘s TV advertisement for its newly launched Wegovy pill for obesity included “false or misleading” claims about the medicine’s abilities and benefits to…
