Palantir Technologies, a data analytics software company, saw its shares surge by a whopping 23% on Tuesday, setting a new record high. This jump came after the company released impressive third-quarter results and optimistic future predictions. The stock price hit $51. 19, surpassing its previous p
History shows that stocks usually go up after a U. S. presidential election. But don't expect a smooth ride right away. The day and week after the election, stocks often drop a bit. Don't worry, though, because they usually bounce back within a month. Let's look at some past elections. In 2020, the
Have you ever wondered if the stock market can predict who will win the next presidential election? Well, according to something called the "Presidential Predictor, " the answer might be yes! This predictor looks at how the S&P 500 index performs in the three months before the election. If it goes u
On Monday, the market showed signs that could suggest some investors believe Vice President Kamala Harris might become the next president. CNBC's Jim Cramer explained that while the polls are close, some traders think Harris could pull off a win. They might be reacting to a surprising poll from Iowa
Nvidia is soon to join the Dow Jones Industrial Average, and it's making waves. The chipmaker, known for its AI prowess, has surged in market value, even outpacing tech giants like Microsoft and Apple. But what does this mean for the Dow? Unlike other indices, the Dow is price-weighted, so it's all
Every day at 10:20 a. m. ET, the CNBC Investing Club with Jim Cramer hosts a "Morning Meeting" livestream. Let's dive into what happened on Thursday. Tech stocks were down, with the Nasdaq and S&P 500 both losing ground. Microsoft and Meta Platforms led the decline after their earnings reports didn'
The tech world is buzzing with news that Nvidia, the chipmaker, is replacing Intel in the Dow Jones Industrial Average. This shift comes as no surprise, given Nvidia's massive success in the artificial intelligence (AI) market. In just two years, Nvidia's value has skyrocketed by $3. 1 trillion, mak
Asia's stock markets were mostly on the rise on Monday, buoyed by China's leaders convening for a significant economic conference. This meeting is expected to bring fresh support for the world's second-largest economy, sparking a positive vibe among investors. The OPEC+ nations also announced they w
Warren Buffett, the 94-year-old investment guru, continues to flex his financial muscle by building Berkshire Hathaway's cash reserve. By the end of September, the company's cash pile reached an astounding $325. 2 billion, a $48. 3 billion increase from the previous quarter. This cash boost is large
You might have heard of "The Magnificent Seven, " a classic Western film about a band of heroes. Well, in the world of finance, there's a new Magnificent 7 too! But these heroes aren't fighting bandits; they're tech companies driving market growth. Bank of America's Michael Hartnett coined this phra
