In his decades of investing, CNBC’s Jim Cramer has never liked the month of September. But this one turned out to be different. The “Mad Money” host expected waves of hedge fund selling, politically-charged stock declines and negative earnings pre-announcements from companies experiencing a summer slowdown. But none of those happened. So, with the market’s […]
Read moreShares of streaming platform Roku surged after its Thursday initial public offering, so CNBC’s Jim Cramer decided to find out if the company was fit for your portfolio. “Judging by the strength of its IPO, there’s a lot to like here. Roku’s been growing at a solid clip, and [as] the maker of the No. […]
Read moreMany may think that artificial intelligence will eventually make human capabilities obsolete, but CNBC’s Jim Cramer wanted to refine that theory. “I get the sense that when it comes to the power of artificial intelligence, we’re thinking way too small,” the “Mad Money” host said. “We don’t understand that AI might hold the key to […]
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In his decades of investing, CNBC’s Jim Cramer has never liked the month of September. But this one turned out to be different. “Somehow, we didn’t get hit with a tidal wave of selling that many expected … despite all the sturm und drang about little Rocket Man in North Korea or the sheer impotence […]
Read moreFacebook has shared some details about the Russian-operated profiles it discovered on its platform with Google, as the search giant — with the rest of the tech industry — continues to probe the extent to which Kremlin-backed misinformation spread through their websites during the 2016 U.S. presidential election. It is unclear if Google has found […]
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Roku’s startling first day surge made it the best-performing IPO this year, but the good times for the company’s shareholders may not last, according to a fund manager and top technology analysts. Its stock jumped 68 percent on Thursday, its first day of trading as a public company. The streaming media player maker’s stock soared […]
Read moreSeptember saw the reflation trade come roaring back, and it’s likely to have legs in the fourth quarter. By “reflation” I mean expansion, as in expanding economies, not necessarily inflation. Bulls are betting that the combination of slow but persistent global growth and prospects for tax cuts in the U.S. will keep the markets at […]
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Swiss start-up Magnes Sports also claims a first when it comes to sport-specific wearables. George Chatzipirpiridis, Magnes Sports’ chief technology officer, said that his company’s device is the first wearable to measure power generated by the cyclist. “Many cycling enthusiasts own several bikes — some of these have power meters attached to them. We are […]
Read moreNine years ago, SpaceX almost went bankrupt. Billionaire tech entrepreneur Elon Musk recalled the event as he unveiled his updated Mars-voyage plan at the International Astronautical Congress (IAC) conference in Adelaide, Australia, on Thursday. He opened up about when and how his now adored and very valuable (it was recently valued at around $21 billion) […]
Read moreBoeing is enjoying an impressive winning streak. The company’s shares just logged their sixth consecutive quarter of gains, and have risen in 11 of the last 13 months. The stock is on pace to close out this quarter as the Dow’s best performer, wrapping up its best quarter since 2009. And the aircraft manufacturer has […]
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