Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 and Nasdaq touched record highs on Wednesday on progress toward a possible U.S.-Iran peace deal. “Oil went down, interest rates [bond yields] went down,…
Evan Spiegel, co-founder and chief executive officer of Snap Inc., during the Axios Media Trends Live event in New York, US, on Thursday, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty Images Snap shares dropped about 4% in extended trading after the company reported first-quarter earnings on Wednesday and provided cautious sales guidance while…
Avishek Das | Lightrocket | Getty Images DoorDash reported mixed first-quarter results after the bell on Wednesday as it pours more money into new technology and features. Shares popped 14% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: 42 cents vs. 36 cents expected Revenue: $4.04 billion vs. $4.14…
Microsoft is getting left behind as investors rotate into hotter artificial intelligence stocks. Jim Cramer says this dynamic won’t last forever. “I still own it for the Trust,” Jim said on CNBC on Wednesday, referring to his Charitable Trust , which is the portfolio used by the Investing Club. Jim’s reason to keep the Microsoft…
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Elon Musk’s plans for a huge chip manufacturing plant in East Texas will cost at least $55 billion for the first phase, and up…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | Reuters It’s hard to find an AI stock that’s not making new highs on a daily basis. Perhaps that’s why options traders are piling into Super Micro Computer, the data-center server play…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. After reading about Restaurant Brands International‘s earnings this morning, I’m in the mood to get my morning coffee from Tim Hortons. Stock futures are rising this morning after a winning day for the three major indexes. Here are five key…
Apple CEO Tim Cook gestures as he departs after a business leaders reception with the U.S. president on the sidelines of the World Economic Forum annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | Afp | Getty Images For the first time in at least 30 years, Apple is spending more than 10…
Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant’s market capitalization past the $1 trillion mark as investors continued to pile into artificial intelligence-linked stocks….
