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☆ Is it a bird, a plane, or something more mysterious? Sightings in New Jersey's skies have raised questions and intrigue.
▼ + stars: | 2024-12-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Have you ever watched a Hallmark movie (it's ok to admit it) and wondered: Where did they film this thing? AdvertisementIn today's big story, we're looking at how the uproar over mysterious drones has people doing some investigating of their own . The good news: Officials have stressed drones aren't the work of a foreign adversary or a public threat. Videos captured with Ring doorbells of potential drone sightings are being widely shared , writes BI's Ana Altcheck. AdvertisementIf you do decide to do a bit of sky gazing, it's important to remember there are plenty of things up there that aren't mysterious.

Persons: Spectee, Claus, Donald Trump, Jake Epstein, Nicolas Economou, BI's Ana Altcheck, they're, Katie Notopoulos, I've, BI's Taylor, Anna Moneymaker, Donald Trump's, Liz Young Thomas, Maria Ivanova, Getty, Tyler Le, Raaz Herzberg, Klarna, Slack, Javier Jaén, Dan DeFrancesco, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Reuters Connect, Getty, Federal Aviation Administration, Research, BI, Google, Wiz's, Bluesky, Nvidia, WNBA, Amazon Prime Locations: Victoria, British Columbia, East, Bedminster, N.J, Anna, Sweden, doomscrolling, New York, Chicago, London

☆ Here’s what’s behind the Dow’s epic losing streak
▼ + stars: | 2024-12-17 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

This also marked its longest losing streak since another eight-day slide that ended on June 21, 2018. For context: The Dow was trading at 24,461.70 back in 2018 — close to half its value as of Monday's close. All the while, Nvidia has been conspicuously absent from tech's upward move within the Dow, losing 9% since Dec. 5. The Dow hasn't seen a nine-day losing streak since 1978, when Jimmy Carter was president. Correction: The Dow was trading at 24,461.70 back in 2018 — close to half its value as of Monday's close.

Persons: Dow, —, Sherwin, Williams, Donald Trump, Adam Crisafulli, that's, Brian Thompson, Trump, … We're, Jonathan Krinsky, Jimmy Carter Organizations: Dow Jones, Trump, Dow, Chevron, Caterpillar, Apple, Microsoft, Industrial, Boeing, Honeywell, Nvidia Locations: China

☆ Issues facing Nvidia 'short-term', stock at attractive valuation, says BofA's Vivek Arya
▼ + stars: | 2024-12-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIssues facing Nvidia 'short-term', stock at attractive valuation, says BofA's Vivek AryaVivek Arya, Bank of Americ Securities senior analyst, joins 'Closing Bell Overtime' to talk the semiconductor space.

Persons: BofA's Vivek Arya Vivek Arya Organizations: Nvidia, Bank of Americ Securities

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Meta, Dell, Nike, SolarEdge, Planet Fitness & more
▼ + stars: | 2024-12-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Truist reiterates Meta Platforms as buy Truist says the Instagram owner is a top pick in 2025. " Morgan Stanley initiates Elastic NV as overweight Morgan Stanley says it sees "sustained growth." Morgan Stanley upgrades Shoals to overweight from equal weight Morgan Stanley upgraded the solar tech company after a series of management meetings. Morgan Stanley initiates Hims and Hers at overweight Morgan Stanley called the telehealth company a "compounding machine." Morgan Stanley upgrades Quest Diagnostics to overweight from equal weight The firm said in its upgrade of Quest that 2025 is the "year of the labs."

Persons: Goldman Sachs, Goldman, Piper Sandler, Piper, it's bullish, MARA, Stifel, Truist, Meta, monetization, Trump, it's, Morgan Stanley, Brandon Moss, Hims, Jefferies, Wells, JPMorgan, Wolfe, Rosenblatt, MongoDB Organizations: & Mara Holdings, MARA Holdings Inc, Inc, Mizuho, UBS, Manchester United, League, Premier League, Champions, Nike, BMO, Amazon, Jefferies, Walmart, Quest, WillScot Holdings Corporation, Timken Company, JPMorgan, Catalyst Watch, Dell, Arista, DELL, Nvidia, Albertsons, Kroger, Barclays Locations: Manchester, GenAI, gym's, OW

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Broadcom, Netflix, McDonald's Dell, Exxon Mobil, Meta and more
▼ + stars: | 2024-12-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Okta to overweight from neutral JPMorgan says the identity access management company is well positioned. " JPMorgan upgrades NetApp to overweight from equal weight JPMorgan said it sees IT budgets improving for the data infrastructure company. JPMorgan upgrades Teradyne to overweight from neutral JPMorgan said in its upgrade of the test equipment designer that Teradyne has upside. JPMorgan reiterates Apple as overweight JPMorgan said it is sticking with the stock heading into 2025. JPMorgan upgrades CBRE to overweight from neutral The firm said it sees improving growth for the commercial real estate company.

Persons: Jefferies, Ford, Wedbush, Tesla, Wolfe, Trimble, TRMB, Bernstein, Goldman Sachs, Morgan Stanley, FANG, Oppenheimer, JPMorgan, upsides, McDonald's, NVDA Blackwell, Gordon, Macy, Edwards Organizations: Trump White House, Nvidia, Broadcom, Grindr Inc, Exxon Mobil, Netflix, JPMorgan, UBS, Keysight Technologies, TAM, Dell, Seagate, Apple, DELL, Jefferies, Microsoft, Myers Squibb, Bank of America, " Bank of America, of America, IBM, CSG Locations: Bristol, 4Q24, CY25

☆ Stocks making the biggest moves midday: Nvidia, Broadcom, MicroStrategy, Super Micro Computer and more
▼ + stars: | 2024-12-16 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . Crypto stocks — Shares of crypto-linked stocks rallied, with Coinbase and Robinhood gaining 4.7% and 7%, respectively. Keysight Technologies — The electronics stock rose about 3% after an upgrade to overweight from neutral at JPMorgan. Micron Technology — Shares rose 7% ahead of the semiconductor manufacturer's quarterly earnings due later this week. Drone stocks — Shares of several drone makers rallied , with interest in the sector fueled by recent mysterious drone sightings over Northeast states and a new Palantir partnership announcement.

Persons: MicroStrategy, Michael Saylor, Jefferies, Keysight, Versace, Jimmy Choo, Charles Liang's, Elliott, Donald Trump Jr, — CNBC's Hakyung Kim, Jesse Pound, Sean Conlon, Yun Li, Lisa Kailai Han, Michelle Fox Organizations: Nvidia, Nasdaq, Mara Holdings, Ford, Broadcom, Technologies, JPMorgan, Capri, Barclays, Bloomberg, ISI, Honeywell, Elliott Management, Micron Technology, Berkshire Hills Bancorp, Street Journal, Berkshire Hills, Brookline Bancorp, Cat Holdings, Palantir Technologies, Cat, Machines, Defense, Security Solutions Locations: Brookline, Boston

☆ We plan to book profits in this custom chipmaker after its parabolic stock move
▼ + stars: | 2024-12-16 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dow, Jim, it's, I'm, Stocks, Edwards, Jim Cramer's Organizations: CNBC, Dow Jones, Federal, Fed, Bristol Myers Squibb, Jefferies, Bristol Myers, Broadcom, Apple, Devices, AMD, Nvidia, Netflix, Ford

☆ Morgan Stanley names 7 beneficiaries of Amazon AWS’ new Trainium 2 AI chip
▼ + stars: | 2024-12-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +1 min

Morgan Stanley has identified the companies that are set to benefit from Amazon 's launch of its new artificial intelligence chip. The Big Tech giant's cloud computing division Amazon Web Services launched its Trainium 2 AI chip earlier this month. AWS hopes these chips will help it diversify away from Nvidia , its primary AI chip supplier. Morgan Stanley believes seven companies, all based in Taiwan, are expected to be "major beneficiaries" of a widespread deployment of AWS' new chip. They are expected to be built by chipmaker TSMC and will be designed by Taiwanese firm Alchip , according to Morgan Stanley analyst Charlie Chan.

Persons: Morgan Stanley, Hai, King, chipmaker TSMC, Charlie Chan, — CNBC's Michael Bloom Organizations: Amazon, Big, Amazon Web Services, Nvidia, Big Tech, Microsoft, Google, Nvidia's, AWS, Gold Circuit Electronics, Asia Vital, Delta Electronics Locations: Taiwan, Asia

☆ We're downgrading Broadcom after shares go parabolic. A rival chipmaker is a buy
▼ + stars: | 2024-12-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. China and Starbucks : Some consumer stocks with strong China ties are taking a hit after another string of disappointing economic numbers. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we'd, Brian Niccol's, Will, Hock Tan, AMD's, Lisa Su's, she's, we'll, Jim Cramer's, Jim, Martin H, Simon Organizations: CNBC, ., Nvidia, Starbucks, National Bureau of Statistics, Wynn Resorts, China, Broadcom, Marvell Tech, AMD, Bank of America, ZT Systems, Intel, Jim Cramer's Charitable, Bloomberg, Getty Locations: China, United States

☆ Broadcom jumps 9%, extending record run as Goldman expresses 'higher conviction'
▼ + stars: | 2024-12-16 | by ( Ari Levy | ) www.cnbc.com time to read: +1 min

Goldman Sachs analysts, who recommend buying Broadcom shares, lifted their 12-month target to $240 from $190, citing additional large customers for custom silicon. Broadcom shares are now up almost 120% for the year, reaching a high for $245.29 on Monday. Broadcom refers to its custom AI accelerators as XPUs, which are different than the GPUs Nvidia sells. Broadcom said it doubled shipments of XPUs in the quarter to "our three hyperscale customers." The company does not name the customers, but analysts say the three are Meta, Alphabet and TikTok parent ByteDance.

Persons: Broadcom's, Goldman Sachs, Truist Organizations: Wall, Broadcom, VMware, Barclays, Nvidia, Nasdaq Locations: XPUs

☆ Drone stocks are surging on Wall Street Monday led by Red Cat Holdings
▼ + stars: | 2024-12-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Drone stocks rallied Monday as retail interest ramped up in the sector following a Palantir partnership with Red Cat Holdings and amid a flurry of mysterious New Jersey sightings that Wall Street believes could boost funding for the industry. Red Cat shares rallied more than 25% on news that its working with Palantir to integrate visual navigation software into its drones. The partnership news comes as recent sightings across the northeast have reignited interest in the sector, while also fueling national security concerns. FBI officials on Thursday said there was "no evidence" that the drones jeopardize "national security and public safety." Many on Wall Street view the incoming White House administration as a potential boon that could boost funding for the sector and U.S.-made drones.

Persons: Palantir, Donald Trump Jr, Elon Musk, Donald Trump's, William Blair, Louie DiPalma, Yun Li Organizations: Red Cat Holdings, Red Cat, Nvidia, Tesla, WSB, Machines, Defense, Security Solutions, Enterprise, White, National Defense, Senate Locations: Jersey, U.S, China

☆ 10 business leaders who spearheaded industry-transforming change in 2024
▼ + stars: | 2024-12-16 | by ( Business Insider | ) www.businessinsider.com time to read: +33 min

Business Insider's annual list of people transforming business highlights these leaders who work in media, finance, technology, transportation, and labor. AdvertisementAmazon's entertainment offerings help keep people subscribing to Prime, the free-delivery service that includes Prime Video and other benefits. Prime Video captured just 3.7% of TV viewing in November, well behind Netflix (7.7%) and YouTube (10.8%), per Nielsen. Still, since most people don't pay for Prime Video as a stand-alone service, it doesn't have the churn problem that dogs other streamers. AdvertisementAmazon cut hundreds of jobs across Prime Video and MGM Studios teams early in 2024.

Persons: that's, Cathy Engelbert, Leon Sinclair, Mike Hopkins, Lisa Miller, Miller, Pete Stavros, KKR's, Stavros, Arthur Sadoun, Groupe Publicis Groupe Sadoun, Sadoun, Leo Burnett, Tony, Tiger, Publicis, Don Draper, quoi, Omnicom, telco Orange, Les Bleues, Caitlin Clark, Angel Reese, Engelbert, Rome wasn't, didn't, there's, Fei, Fei Li, World Labs Greg Sandoval, Li, Justin Johnson, Christoph Lassner, Ben Mildenhall, Andreessen Horowitz, Nvidia's, —, Jensen Huang, Nvidia Tom Williams, ChatGPT, Huang, OpenAI's, Chris Malachowsky, Curtis Priem, Morris Chang, Jensen, Lebaredian, it's Huang, Preqin Preqin Sinclair, Sinclair, Preqin, Marin Gjaja, Ford, Gjaja, Hopkins, it's, Morgan Stanley, Brian Williams, Jennifer Salke's, Nielsen, Varkey, Mayo, Ranjit Kapila, Sallie Mae, Kapila, Eaton Vance, Aperio, Envestnet, we've, Lazard Organizations: Amazon's, MGM Studios, KKR, Apollo, Groupe Publicis Groupe, Groupe, Saatchi & Saatchi, Publicis Conseil, Labour, Epsilon, Interpublic, French men's national, team, Cancer, WNBA, ESPN, Deloitte, NBA, Canadian, World Labs, Princeton, Labs, AMD Ventures, Stanford University's Institute for, Sequoia Capital, Stanford, Google, Nvidia, University of Oregon, AMD, Taiwan Semiconductor Manufacturing Company, Loughborough University, England's Department of Health, Intercontinental Exchange, New York Stock Exchange, IHS, P, BlackRock, Ford Model, Ford, Boston Consulting Group, MGM Studios Prime, Amazon MGM Studios, Hopkins, NFL, Amazon, Ampere, Netflix, NBC, Sony Pictures Television, Hulu, MGM, Starz, Apple, Bloomberg, Prime, YouTube, Video, Mayo Clinic Health, Mayo Clinic, Mayo, Health, University of Minnesota, Yale New, Yale New Haven Health Northeast Medical, Department of Medicine, Preventive, Nasdaq, Citadel, Northwestern University, Franklin, Industry, Fidelity Locations: Preqin, Hawaii, Publicis, Rome, Taiwan, Rugby, England, Amazon, Minnesota, Wisconsin, Mayo, Rochester , Minnesota, Mayo's Rochester, Yale New Haven, Rochester

☆ Nvidia falls into correction territory, down more than 10% from its record close
▼ + stars: | 2024-12-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

The stock is down 5% in December and officially in correction territory, sitting about 12% off its closing high of $148.88 reached last month. The recent underperformance in Nvidia could signal some profit-taking on Wall Street after another marquee year. The market has continued powering to new highs as Nvidia underperforms. Other semiconductor stocks also gained Monday, with Micron Technology last up about 7% ahead of its quarterly results. Marvell Technology gained 2%, while On Semiconductor , Lam Research and Taiwan Semiconductor added at least 1%.

Persons: Roth Organizations: Nvidia, Nvidia underperforms, Broadcom, Micron Technology, Marvell Technology, Semiconductor, Lam Research, Taiwan Semiconductor

☆ Stock futures inch lower after Dow notches longest losing streak since 2018: Live updates
▼ + stars: | 2024-12-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures inched lower after the Dow Jones Industrial Average registered its longest losing streak since 2018. S&P 500 futures edged down 0.1%, while Nasdaq-100 futures hovered near the flatline. The Dow dipped 0.25%, or nearly 111 points, falling for an eighth straight day for the first time since June 2018. The Nasdaq Composite gained 1.2% and hit a fresh intraday high, while the S&P 500 edged up nearly 0.4%. "Historically, following an up year in the S&P 500, you want to let your winners ride."

Persons: Dow, Tesla, Jerome Powell's, Sam Stovall, Donald Trump's, Stovall Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Nvidia, Broadcom, Traders, CME Group's, Wall

☆ The market's most important stock is faltering
▼ + stars: | 2024-12-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The stock market is riding high, trading around record levels. Nvidia, arguably the most important stock on Wall Street, isn't doing nearly as well lately. Nvidia shares are down nearly 3% in December, while the S & P 500 is up 3.7% during that time. Friday marked the 10th session in a row in which S & P 500 decliners outnumbered advancers. Elsewhere Monday morning on Wall Street, Jefferies downgraded Ford Motor to underperform from hold.

Persons: Roth MKM's JC O'Hara, O'Hara, Jim Reid, Jefferies Organizations: Nvidia, advancers, Deutsche, Ford

☆ Palantir, Applovin fuel a 'can't-lose' market. That's dangerous for all stocks
▼ + stars: | 2024-12-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

Real company, real stock, real profits to be taken, except they won't be because that's not the way "these people" do it. These buyers know that Palantir stock is going higher. It's a $173 billion stock that won't stop until it hits, I don't know $200 billion, $300 billion in market cap? The stock market crash of '87. APP YTD mountain Applovin YTD Applovin is so similar that it might as well be in some sort of Hall of Mirrors.

Persons: Alex Karp, It's, that's, Goldman Sachs, didn't, David Blaine, Oz, unfailingly, —, today's, Stocks, pesky, graybeard, Mephistopheles, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Applovin, York Stock Exchange, Nasdaq, GameStop, Pentagon, League, APP, of Mirrors, PepsiCo, Waste Management, Netflix, Merck, Club, Jim Cramer's Charitable, CNBC Locations: It's, New York, Applovin

☆ Here are 13 things we're watching in the market in the week ahead
▼ + stars: | 2024-12-15 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. They represented the last look at U.S. inflation before the Fed gathers for a two-day policy meeting this week. Broadcom was, perhaps unsurprisingly, the top-performing stock in the S & P 500 for the week, gaining 25.2%. Week ahead Monday, Dec. 16 No events of note Tuesday, Dec. 17 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: —, Dow Jones, Donald Trump, Jim, Trump, we'll, Jerome Powell, Powell, We'll, we're, Paychex, General Mills, Jabil, LEN, Jim Cramer's, Jim Cramer, Shelby Tauber Organizations: Federal, Dow Jones, Nasdaq, Fed, PPI, Dow, Costco, Broadcom, Google, Motors, New York Stock Exchange, Micron, Club, Nvidia, Devices, Nike, FedEx, Heico Corp, ABM Industries, Worthington Steel, Accenture, Darden, BlackBerry, Scholastic, Winnebago Industries, AMD, CNBC, US Federal Reserve, Music, Fair, Bloomberg, Getty Locations: U.S, Toro, Dallas , Texas

☆ Trump inviting Xi to his inauguration is an audacious power play
▼ + stars: | 2024-12-14 | by ( Tom Porter | Hannah Abraham | ) www.businessinsider.com time to read: +5 min

Trump's decision to invite China's Xi Jinping to his inauguration surprised many observers. When President-elect Donald Trump invited China's President Xi Jinping, the leader of the US' biggest geopolitical rival, to his January inauguration on Thursday, it came as somewhat of a surprise. But Trump has long reveled in unpredictability, and has often balanced his confrontational China policies with years of lavishing praise for Xi. AdvertisementSome see Trump's invitation as the latest power play designed to imbalance Xi and reset US-China relations. All of this makes it highly unlikely that Xi will want to come to the US to clap as Trump is sworn in as president.

Persons: China's Xi Jinping, Trump, Donald Trump, Xi Jinping, Xi, Kerry Brown, Ali Wyne, Wyne, Neil Thomas, Thomas, Trump's, Brown Organizations: China's, Asia Pacific, Chatham House, Lau China Institute, King's College, Crisis, Asia Society, Center for, ABC News, Nvidia, Trump, Bloomberg Locations: China, London, Trump, Center for China, loggerheads, Russia, Ukraine, Taiwan, combatting

☆ Broadcom's long and winding path to the trillion-dollar club, and how Trump played a role
▼ + stars: | 2024-12-14 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

It agreed to acquire legacy software vendor CA Technologies for $19 billion in July 2018, and snatched up security software company Symantec for $10.7 billion in August 2019. "The recent acquisition of VMware was essentially another step towards the direction of creating a very balanced mix between" chips and infrastructure software geared to the enterprise, he said. Broadcom's infrastructure software division generated $5.82 billion in revenue for the quarter, nearly tripling from last year's $1.97 billion, a number that included a big boost from VMware. Broadcom's revenue in fiscal 2016 was $13.2 billion, and its biggest business was semiconductors for set-top boxes and broadband access. AI revenue will jump 65% year-on-year to $3.8 billion, the company said.

Persons: Donald Trump, Hock Tan, Tan, Trump, would've, Hock Tan wasn't, CNBC's Jim Cramer, It's, Cantor, Avago, Cramer, " Tan, Broadcom's, Piper Sandler, Harsh Kumar, CNBC's, Kumar Organizations: Broadcom, White, Getty, Qualcomm, Trump, Technologies, Symantec, VMware, Activision Blizzard, EMC, Nvidia, Apple, Microsoft, Intel, Devices, Agilent Technologies, Meta Locations: United States, Singapore, Washington , DC, U.S, XPUs, Avago, California

☆ Invesco launches ETF to maximize on the tech concentration craze
▼ + stars: | 2024-12-14 | by ( Krysta Escobar | ) www.cnbc.com time to read: +1 min

Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index. Now Hartigan is taking on the Invesco Top QQQ ETF (QBIG), which launched Dec. 4. As of Wednesday, some of Invesco Top QQQ ETF's top holdings were Apple , Nvidia and Microsoft , according to Invesco's website. Hartigan notes investors can balance out their portfolio risk with similar funds. As of Friday's close, Invesco Top QQQ ETF is up around 5.5% since its debut.

Persons: Invesco, Brian Hartigan, Hartigan, Nate Geraci, We've Organizations: Nasdaq, Apple, Nvidia, Microsoft

☆ Dow slides for a seventh straight day for longest losing streak since 2020
▼ + stars: | 2024-12-13 | by ( Samantha Subin | Samantha Subin Is A Digital News Associate With Cnbc. | ) www.nbcnews.com time to read: +1 min

The Dow Jones Industrial Average fell for a seventh session on Friday, posting its longest run of losses since 2020. The Nasdaq Composite gained 0.12% to 19,926.72. The S&P 500 ended the session little changed, closing at 6,051.09. For the week, the Dow posted a 1.8% decline, while the S&P 500 slid about 0.6% and ended a three-week winning streak. The Nasdaq Composite also broke below the 20,000 threshold.

Persons: Dow, ” Jay Hatfield Organizations: Dow Jones, Nasdaq, Infrastructure Capital Advisors, CNBC, Dow, Nvidia, Broadcom

☆ Here are the deals the 'AI arms race' could drive in 2025, according to 4 bankers from Goldman Sachs, BofA, and Axom Partners
▼ + stars: | 2024-12-13 | by ( Bianca Chan | ) www.businessinsider.com time to read: +7 min

Bankers anticipate more AI dealmaking to benefit data and infrastructure companies. Tech companies focusing on managing, moving, and securing data will be at the forefront of the AI M&A wave. The gap between buyer and seller price expectations is shrinking as companies, AI ones included, reset their valuations. It's something even the biggest AI companies are opening their wallets for. Some cross-sector actionWhile most of the AI and AI-related deals will likely be between tech companies, Goldman's Min anticipates some transactions in the industrial space.

Persons: Goldman Sachs, Neil Kell, Brandon Hightower, hasn't, Scott Denne, Trump's, Andrew Ferguson, Ferguson, Jung Min, America's Kell, Min, Axom's Hightower, Axom, Rockset, Alan Bressers, you've, It's, There's, Axom's Bressers Organizations: Bankers, Bank of America, Partners, Bank of, Companies, Axom Partners, Tech, P Global Market Intelligence, Research, Federal Trade Commission, Big Tech, Wedbush Securities, Bank, Nvidia, Lambda Locations: Snowflake, Seattle

☆ Kunst: AI stocks are cyclical. NVIDIA is the leader, but they will eventually trade down.
▼ + stars: | 2024-12-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKunst: AI stocks are cyclical. NVIDIA is the leader, but they will eventually trade down. Sarah Kunst, Managing Director at Cleo Capital, discusses the strong demand for AI chips and highlights companies like Taiwan Semiconductor and NVIDIA. She believes Broadcom will remain significant in the AI chip market despite high valuations. Kunst notes that AI stocks are cyclical and mentions various catalysts for chip companies, including self-driving cars, crypto, and gaming.

Persons: Sarah Kunst, Capital Organizations: Kunst, NVIDIA, Taiwan Semiconductor, Broadcom

☆ Here are Jim Cramer's thoughts on risks of Broadcom's strength to Nvidia and AMD
▼ + stars: | 2024-12-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The stock market was struggling to "break the spell of negativity" seen this week, Jim Cramer said during the Morning Meeting. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, it's, Mills, Jim Cramer's Organizations: CNBC, Nasdaq, Treasury, Broadcom, Nvidia, Devices, it's, AMD, Bank of America, PayPal Holdings Locations: Centene

☆ Shutterstock earned over $100 million in revenue thanks in part to its AI-powered image-generator tool
▼ + stars: | 2024-12-13 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +7 min

"It would be silly for me to say that we didn't see generative AI as a potential threat," Orgeron said. He recalled attending CES in 2023 and said that many creative professionals there were unaware of generative AI and the impact it could have on the industry. However, the move toward generative AI was preceded by earlier acquisitions. Paul Hennessy, the CEO of Shutterstock, said in June the company earned $104 million in annual revenue from AI licensing agreements in 2023. While it doesn't offer an AI video-generation service yet, Orgeron said Shutterstock plans to launch a service soon.

Persons: Shutterstock, Dade Orgeron, Orgeron, TK, Dade Orgeron Shutterstock, Shutterstock.AI, Paul Hennessy, We're Organizations: Meta, Apple, Nvidia, Business, Service, Dade, CES, Key, Shutterstock.AI, Enterprise, HP Locations: New York, Reka, Silicon Valley, Shutterstock

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