Key Points CNBC’s Jim Cramer said AMD still has significant upside, arguing AI-driven demand for CPUs will keep pushing the stock higher. Cramer was responding to HSBC’s downgrade of AMD to hold from buy. CNBC’s Jim Cramer pushed back on a downgrade of Advanced Micro Devices , saying the stock still has meaningful upside as…
Sen. Thom Tillis, R-N.C., speaks to a reporter as he arrives for the Senate Republicans’ lunch meeting in the U.S. Capitol on Wednesday, March 11, 2026. Bill Clark | Cq-roll Call, Inc. | Getty Images Crypto companies such as Coinbase are calling for Congress to advance a major market structure bill known as the CLARITY…
NEW YORK — A fire broke out Monday in the Broadway theater that hosts the “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial damage” to the Eugene O’Neill Theatre, according to New York Fire…
Spring football felt much quieter this time around, considering players and coaches weren’t busy pulling double duty by preparing for an impending transfer portal window while also trying to improve on the field. Consider it a much-needed reprieve, if only momentarily, for a sport that has moved at warp speed the last handful of years. …
Wall Street analysts came away from Greg Abel’s first annual meeting at Berkshire Hathaway broadly impressed with his command of the business, but underwhelmed by the company’s restrained pace of share buybacks. Despite Berkshire’s cash pile nearing $400 billion and a return to buybacks in early March, first-quarter repurchases totaled just $235 million, a figure…
Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight. LifeMD went from seeing…
The stock market may be near all-time highs, helped by the Magnificent Seven, but a look under the hood is showing some troubling breadth patterns. The S & P 500 soared more than 10% in April, its best month going back to November 2020, as strong earnings from the Magnificent Seven companies once again revived…
A UPS Boeing 767 airplane departs Los Angeles International Airport en route to Louisville on January 27, 2026 in Los Angeles, California. Kevin Carter | Getty Images Shares of logistics giants UPS and FedEx sank on Monday after Amazon announced a new initiative to open up its supply chain networks to other businesses. Both stocks…
A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes…
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters Traders on prediction markets platform Kalshi don’t think the Strait of Hormuz will see normal traffic flows until late summer or September. While the U.S. and Iran have maintained a ceasefire, Iran has…
