How AMD became a chip giant, leapfrogged Intel after playing catch-up
Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer…
Cloud stocks creamed as Fed indicates more rate hikes are coming
Investors pounded cloud software stocks on Wednesday on concern that interest rates will rise for longer than previously expected. Initially stocks moved higher as the Federal Reserve announced it would…
Tesla, IBM, Alcoa and more
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines after hours.…
These top investors say it’s foolish to ignore the value in the tech sector
Months of heavy selling has crippled the growth-focused technology sector, prompting prominent investors to come to the conclusion that a slew of stocks are now ripe for investment. To be…
Allstate, AT&T, IBM, Tesla and more
Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on…
Takeaways from our daily meeting: Semiconductors, Danaher’s earnings beat
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 Thursday’s key moments. Semiconductor strategy Judge stocks on…
AT&T, American Airlines, Blackstone and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The company…
IBM earnings Q3 2022
IBM CEO Arvind Krishna speaks at an IBM facility in Poughkeepsie, New York, on Oct. 6, 2022. IBM announced $20 billion in investments during President Biden’s visit that will go…
These are the Dow stocks to buy and sell as rates surge
With interest rates surging and knocking the overall stock market back to its bear market lows, investors can win by finding the stocks that gain as yields increase. Markets were…
Biden to tout IBM’s plans to invest $20 billion in New York over the next decade
U.S. President Joe Biden holds a virtual meeting with business leaders and state governors to discuss supply chain problems, particularly addressing semiconductor chips, on the White House campus in Washington,…