Can the ‘Magnificent Seven’ save a stock market that might be doomed without them?
Apple, Amazon, Nvidia and peers are quietly coming back to life, and that could easily jolt this sleepy stock market back into gear.
Apple, Amazon, Nvidia and peers are quietly coming back to life, and that could easily jolt this sleepy stock market back into gear.
Wall Street’s record-setting start to the week ran into two familiar sources of volatility: the artificial intelligence trade and oil. The Dow Jones Industrial Average on Monday closed above 53,000 for the first time ever before renewed U.S.-Iran tensions erased those gains, leaving the blue-chip index down 0.5% for the week. Chip stocks — once…
CNBC’s Jim Cramer said Monday that the artificial intelligence trade has become too noisy and unpredictable to aggressively put new money to work — at least for now. “If you own too much tech, you’re going to be slaughtered, and you won’t even know what hit you,” the “Mad Money” host said. “For the moment,…
Intel is in the midst of a striking turnaround attempt, fueled by a series of high-profile manufacturing deals with companies including Nvidia, Tesla, and Apple. The vote of confidence from some of the world’s largest technology companies has helped lift Intel’s stock price after years of struggles and raised hopes that more customers could follow….
The prime minister will take a major role leading Australia’s response to the artificial intelligence revolution, with Anthony Albanese preparing to declare an end to the government’s case-by-case approach to the emerging technology. Mr Albanese will compare the impact of AI on society to that of commercial air travel 100 years ago, promising to establish…
Last year, Microsoft’s 13-inch Surface Laptop quickly became one of my favorite thin-and-light Windows notebooks. At $900, it was easy to recommend to anyone wanting MacBook Air–like build quality and battery life on Windows — I even convinced my sister to buy one on sale. But that was last year. This year, thanks to RAMageddon,…
Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, US, on Friday, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have…