CNBC’s Jim Cramer on Monday said deal-making in the corporate world is starting to heat up, telling investors to expect more action in the coming months. “You don’t get a wave of deals out of nowhere. You get a ripple, and then ever bigger waves,” he said. “Right now, we’re in the ripple stage. That’s…
San Francisco Mayor Daniel Lurie announced Monday that generative artificial intelligence will be available to 30,000 workers across the city’s government, leaning into the city’s role as a leader in AI. The city will use Microsoft 365 Copilot Chat, powered by OpenAI’s GPT-4o, for employees like nurses and social workers to improve city services. “It’s…
The U.S. stock market has shaken off several major worries in 2025, but the bull market will soon run in to some time-tested seasonal patterns. The final days of July into early fall are typically a weak period for the stock market, according to Jeffrey Hirsch of the Stock Trader’s Almanac. “It is the latter…
It was a sunny Thursday evening in New York’s Washington Square Park. People gathered there for one reason, and one reason only: a Labubu fashion show. On June 12, Labubu lovers strutted down the sidewalks with the tiny toy monsters clipped to their purses, backpacks, beltloops — even their dogs’ harnesses. The model with the…
The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty Images The European Union on Monday called in representatives from Elon Musk’s xAI after the company’s social network X, and chatbot Grok, generated and spread anti-semitic…
Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
Bitcoin confirmed a breakout to new highs last week, marking a resumption of its cyclical and secular uptrends. The breakout is a bullish development across timeframes, relieving the chart of resistance, and it allows for an intermediate-term measured move projection of approximately $134,500. The weekly MACD shows positive intermediate-term momentum, and the stochastics have a…
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday. For workers who would prefer to leave the company instead of heading back…
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue….
Jim Cramer on Monday brushed off Morgan Stanley’s downgrade of CrowdStrike , viewing the cybersecurity giant’s recent dip as a potential buying opportunity. “Morgan Stanley may downgrade this but I want to get in on the downgrade and get in on the discount,” Cramer said Monday during the Investing Club’s Morning Meeting. Shares of CrowdStrike…
