Jonathan Raa | Nurphoto | Getty Images Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18%, driven by insatiable artificial intelligence demand for its memory chips. The stock surge came as UBS nearly tripled its price target on the stock from $535 to $1,625 a share, citing…
Nvidia is definitely one to watch this week. After reporting an absolute blowout last week, the Club name has traded lower. Early Tuesday, it was looking to bounce off Friday’s close of $215, before some pressure set in. Why does that matter? We know the fundamentals are as strong as ever at the AI chip…
Shortly after the opening bell, we will be selling 55 shares of Arm Holdings at roughly $314 each. Following Tuesday’s trade, Jim Cramer’s Charitable Trust will own 130 shares of ARM, decreasing its weighting to roughly 1% from 1.44%. We will be locking in more big gains in Arm following another huge rally. Shares of…
Drew Houston, chief executive officer and co-founder of Dropbox Inc., smiles during The Wall Street Journal Tech Live conference in Laguna Beach, California, U.S., on Tuesday, Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Some young shoppers likely spent the holiday weekend picking up Surfside and Sun Cruiser cans rather than White Claws this year. As CNBC’s Amelia Lucas reports, Gen Z is feeling seltzer fatigue and increasingly opting for non-carbonated drinks. Stock futures…
Still from Disney’s “Star Wars: The Mandalorian and Grogu.” Disney Walt Disney’s “The Mandalorian and Grogu” jettisoned into theaters Friday, marking the first time in seven years that a new Star Wars film has launched on the big screen. Sunday estimates indicated that the film, based on the hit Disney+ show “The Mandalorian,” surpassed initial box…
Fully responsible, trustworthy technology is an almost impossible mandate in a tech landscape that prioritizes speed — but that doesn’t mean some companies aren’t trying. On the heels of the Trump administration’s national AI legislative framework on March 20, in which “winning the AI race” remains paramount, tech developers face tension between the common ethos…
Bae Kyung-Hoon, South Korea’s science and ICT minister, speaks during a memorandum of understanding signing ceremony in Seoul, South Korea, on Monday, April 27, 2026. Google DeepMind is teaming up with South Korea on the country’s K-Moonshot project, which uses AI to solve complex scientific problems. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg…
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026. Ethan Swope | Bloomberg | Getty Images SpaceX will make another attempt at launching its massive Starship rocket on Friday after a first try was scrubbed due to technical issues a day earlier. “The hydraulic pin holding the tower…
Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan, May 19, 2025. Ann Wang | Reuters Qualcomm shares surged 12% on Friday and are now up 75% in the past month, as the chipmaker’s increasingly central position in the physical AI boom becomes more apparent to Wall Street. The stock is…