CNBC’s Jim Cramer parsed Wednesday’s action, telling investors why he thinks this market puts even the best investors in a tricky position. “We have a market that’s all over the map, driven not by group moves, but by individual stocks with bizarre narratives that are unlike anything I’ve ever seen,” he said. According to Cramer,…
Concert tourism is expected be one of the travel industry’s more lucrative drivers this year, according to Trip.com, and the upcoming global comeback tour by K-pop group BTS appears to be reinforcing that trend. Flights and hotel rooms at their tour locations — in 34 cities across Asia, North and South America, Australia, Europe and…
More than $1 billion is poised to flow into the underperforming Hang Seng Tech Index, thanks to the upcoming inclusion of two Chinese artificial intelligence companies, according to Morgan Stanley. Hong Kong’s technology stock index has tumbled more than 11% so far this year, despite excitement over Chinese AI. Only seven of the index’s constituents…
Teammates mob Washington Capitals left wing Alex Ovechkin (8) after he breaks the NHL scoring record with 895 goals during the second period of an NHL hockey game against the New York Islanders at UBS Arena in Queens, NY on April 6, 2025. John McDonnell | The Washington Post | Getty Images Since acquiring the…
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 Friday’s key moments. 1. Stocks were mixed Friday, a day after the S & P 500 and Nasdaq hit fresh all-time highs yet again. Sitting out the strong week for Wall Street is…
New-car prices have never been higher. The average sale price reached $50,080 in September, marking the first time it has topped $50,000, according to Kelley Blue Book. The milestone came as shoppers rushed to buy electric vehicles before a $7,500 federal tax credit expired on Sept. 30, with EVs selling for an average of $58,124,…
This week, volatility took hold of the AI trade as bubble fears continued to rise and Nvidia‘s blowout earnings failed to steady the market. “Unless you’re the most optimistic person on the planet … you know you’re in a bubble, right?” Dan Niles, founder of Niles Investment Management, told CNBC’s Deirdre Bosa. “There is no…
New York Mets pitcher Griffin Canning had successful surgery on Friday to repair a ruptured left Achilles and will miss the remainder of the season and possibly part of the 2026 season. Canning was injured during Thursday night’s 4-0 win over the Atlanta Braves in New York. Signed to a $4.25 million, one-year contract as…
A ferry passenger looks at a cargo ship full of shipping containers at the port of Oakland, California, U.S., August 4, 2025. Carlos Barria | Cb The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21…
“Only Murders in the Building” returning for its fifth season and Ed Sheeran coming back with the new pop album “Play” are some of the new television, films, music and games headed to a device near you. Also among the streaming offerings worth your time, as selected by The Associated Press’ entertainment journalists: The Netflix…
