The fight between Nvidia and one of its loudest naysayers, investor Michael Burry, is escalating. Following the “Big Short” investor’s series of social media posts arguing that the artificial intelligence investment boom is replaying the dotcom bubble from the 1990s, with Nvidia at the center of it, the chipmaker quietly circulated a private memo to…
CNBC’s Jim Cramer said Tuesday that Nvidia’s stock slide to its lowest price in nearly three months is a buying opportunity for investors. Shares of the AI chipmaking king declined 6% in morning trading after The Information reported that Meta Platforms is considering using Google’s tensor processing units (TPUs) for its data centers in 2027….
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Weak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the…
Check out the companies making headlines before the bell. Nvidia , Alphabet , Broadcom — Nvidia shares were down 3% after The Information reported, citing sources, that Meta Platforms was considering spending billions of dollars on Alphabet’s AI chips. Alphabet shares were up 4% on the back of the report along with Broadcom. Kohl’s — The…
Without a doubt, 2025 has been a strong year for stocks. The outlook for 2026 is much murkier, however, according to JPMorgan. The S & P 500 is up 14% year to date and hit an all-time high late last month, fueled by excitement surrounding artificial intelligence stocks. To be sure, the market hit some…
Modern urban condos in Chattanooga, Tennessee Marcia Straub | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large…
Michael Burry — the investor known for predicting the housing meltdown ahead of 2008 — has turned his attention to one of the market’s most beloved themes: artificial intelligence. Burry recently deregistered his hedge-fund firm, Scion Asset Management, removing it from routine regulatory disclosures. But he remains actively investing, and he is doubling down on…
Treasury Secretary Scott Bessent said Tuesday he expects President Donald Trump to make a decision on the new Federal Reserve chair by the holiday season. In a CNBC interview, Bessent, who has been heading the search for a successor to current Chair Jerome Powell, said he still has one interview to go and was not…
An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024. Spencer Platt | Getty Images Shares of Abercrombie & Fitch soared 16% in premarket trading on Tuesday after the company posted 7% growth in quarterly sales and issued its holiday guidance. Abercrombie, which runs its namesake brand and…
A Best Buy store in Pinole, California, US, on Monday, Nov. 24, 2025. Best Buy Co. is expected to release earnings figures on November 25. David Paul Morris | Bloomberg | Getty Images Best Buy hiked its full-year forecast Tuesday, as it topped Wall Street’s quarterly sales expectations and customers turned to the retailer to…
