Jim Cramer says investors better act fast while Amazon stock is still on the sale rack. BMO Capital Markets’ decision to raise its estimates on Amazon’s cloud unit is a “clarion call to buy” the stalled stock, Jim Cramer said during Tuesday’s Morning Meeting for Club members. Amazon has been the worst-performing “Magnificent Seven” stock…
Databricks CEO, Ali Ghodsi speaks on CNBC’s Fast Money on Dec. 17, 2024. CNBC Databricks is raising $4 billion in a funding round that would value the data analytics software company at $134 billion, the company announced Tuesday. The valuation is a 34% jump from the funding round announced in August, which valued the company…
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images Some of Europe’s biggest military contractors urged investors not to cash out of the sector on Tuesday, as stocks sold off on…
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State Guest House in Beijing on July 14, 2025. Wang Zhao | Afp | Getty Images…
Piotr Swat | Lightrocket | Getty Images Korea Zinc shares plunged almost 14% on Tuesday, as its largest shareholder is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of its equity stake in the South Korean company. Shares of the world’s largest zinc smelting company had climbed over 26%…
Australia, Victoria, Melbourne, buildings on bank of Yarra river Peter Adams | Stone | Getty Images Asia-Pacific markets opened mostly lower Tuesday, after Wall Street declined as investors continued to rotate out of the artificial intelligence trade in the U.S. Shares of AI plays, like Oracle and Broadcom, slipped more than 5% and 2% respectively,…
The stock market graphic of Zillow Group is displayed on a smartphone with the logo of Zillow in the background on Feb. 21, 2021. Sopa Images | Lightrocket | Getty Images Zillow shares plunged more than 9% on Monday on worries that the online real estate platform could have a big new competitor: Google Search….
China’s retail sales growth and industrial production missed estimates in November while investment declined more than expected, data from National Bureau of Statistics showed Monday, indicating consumption remains a major worry. Retail sales rose 1.3% last month from a year earlier, sharply missing Reuters’ median forecast for a 2.8% growth, and slowing from 2.9% rise…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open lower Monday, after Wall Street declined Friday stateside as investors took a breather from the AI trade. “[Friday] is a value-outperforms-growth day,” said Jed…
Sometimes the stakes are so high, the degree of difficulty so immense, that it simply may be too hard to game. When that’s the case, no amount of formal research will help you fathom the stock implications. Yet, you have inherited the issues and they must be dealt with — or you are too at…