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News
Z.ai shares tumble over 10% after $5 billion fundraising, its second major raise in two months
16+ hour, 54+ min ago (220+ words) Shares of Chinese artificial intelligence company Z.ai tumbled more than 10% on Monday after the company announced plans to raise about $5 billion through a new share placement and convertible bond sale, marking its second major fundraising in two months. The Beijing-based…...
Cramer: This market has eerie parallels with 2018. Here's what investors should do
2+ day, 20+ hour ago (355+ words) CNBC's Jim Cramer on Friday said a familiar combination of rising oil prices, stubborn inflation and higher interest rates is flashing a warning sign for investors heading into the final months of the year. "At the end of the day,…...
A Chinese humanoid startup flips 'distillation' claim on OpenAI as it releases a new robotics model
3+ day, 13+ hour ago (427+ words) The CEO of an Ant-backed humanoid robotics startup has published a letter to OpenAI in Chinese that raises questions about technical and design similarities between the two companies' recent models. "People often say major tech companies have intelligence networks monitoring…...
Oracle options are doing something curious heading into earnings
4+ day, 7+ hour ago (45+ words) Julia Spina, IG Group North America head of research, joins 'Power Lunch' to discuss what options are saying about Oracle, volatility in the stock and much more. If ever there were a stock that captured the hopes and fear of…...
Apple shares are doing something they haven't done in 20 years. Here’s what’s happening
1+ week, 5+ day ago (309+ words) Amid questions about the durability of the artificial intelligence complex and fears of a global rate sell-off, Apple is suddenly investors' safety trade of choice. Shares rose 2.6% Tuesday amid a broader tech rout, continuing its outperformance of the broader market....
Japanese green tea giant Ito En surges 8%, defying a broad market sell-off
1+ week, 5+ day ago (325+ words) Shares of Japanese beverage maker Ito En surged more than 8% Wednesday, following its fiscal first-quarter results, bucking a broader drop in the country's stocks. The maker of Oi Ocha green tea on Tuesday reported operating profit of 10.2 billion yen ($63.7 million)…...
Dell surges 5% after lifting fiscal 2027 forecast on AI server strength
1+ week, 5+ day ago (372+ words) Dell Technologies shares moved 5% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations. Here's how the company did relative to LSEG consensus: Revenue came in higher than every…...
What caused Nvidia's nasty reversal Friday? Look to the Fed for clues
2+ week, 20+ hour ago (23+ words) In his Sunday column for Investing Club subscribers, Jim Cramer explores the linkage between Nvidia's stock, the oil market, and the Federal Reserve....
Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth
2+ week, 3+ day ago (324+ words) Marvell Technology shares fell 8% in premarket trading despite a second-quarter revenue beat, as its raised fiscal 2028 outlook failed to meet investors' elevated expectations. The chipmaker said it now expects revenue to grow about 50% year-on-year to around $18 billion, higher than its…...
Gap shares jump 9% after company names new Old Navy CEO to revive struggling brand
2+ week, 3+ day ago (823+ words) Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May,…...