Okta and Crowtstrike. Jonathan Raa | Nikolas Kokovlis | Nurphoto | Getty Images Cybersecurity stocks jumped on Tuesday after IBM CEO Arvind Krishna flagged cyber fears as a top priority for customers in the company’s preliminary second-quarter results. During the period, Krishna said customers shifted spending to servers and memory and that “rapidly-evolving, industry-wide cybersecurity…
US President Joe Biden (2L), with US Senate Majority Leader Chuck Schumer, and New York Governor Kathy Hochul, looks at a 3D rendering of a future Micron factory presenting by CEO of Micron Technology Sanjay Mehrotra (L) during a tour of the Micron Pavilion at the SRC Arena and Events Center of Onondaga Community College…
16 July 2025, China, Peking: Jensen Huang, CEO of Nvidia, speaks to journalists. During a trip to China, Huang gave a speech at the opening of the supply chain trade fair and met Chinese politicians. Photo: Johannes Neudecker/dpa (Photo by Johannes Neudecker/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images A…
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 Tuesday’s key moments. 1. Stocks rose Tuesday after a cooler-than-expected June consumer inflation report eased concerns that the Federal Reserve would need to raise interest rates this month. While the inflation data boosted…
Tech investor Chamath Palihapitiya on Tuesday said artificial intelligence usage could negatively impact some companies’ earnings, in part because C-suite executives will have to contend with spending that they “didn’t know existed inside of their organization.” “CEOs and the CFOs, in my opinion, probably have no idea how much tokenmaxxing is going on inside of…
Frontier Airlines Nurphoto | Nurphoto | Getty Images Frontier Airlines and four other budget carriers with more than 1,000 planes between them will debut in-flight Wi-Fi early next year from SpaceX‘s Starlink, another win for the satellite internet provider. Frontier’s first Airbus plane equipped with Starlink internet will roll out in early 2027, the airline…
1. Hindsight 2020 The crude oil tanker Anwaar Trablus unloads U.S. crude oil at Pachi Port near Athens, Greece, on June 28, 2026. Nicolas Koutsokostas | Nurphoto | Getty Images President Donald Trump said yesterday that the U.S. will reinstate its blockade of Iranian ports and impose a 20% toll on cargo passing through the…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Taiwan’s second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed…
The Huaqiangbei electronics market in Shenzhen in south China’s Guangdong province Friday, Aug. 08, 2025. Feature China | Future Publishing | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses. U.S. buyers…
CNBC’s Jim Cramer said Monday that tech stocks remain the market’s best hunting ground for investors looking for outsized gains. “The tech companies, especially big tech, just have so much more to offer than the rest of the market,” the “Mad Money” host said. As oil prices climbed Monday after President Donald Trump announced he…