This AI Stock Was Left for Dead. Now Traders Are Betting Big on a Comeback
Super Micro Computer (SMCI), a data‑center server maker, saw its stock rise 15% after earnings, though it remains 49% below last year’s peak. Options traders are heavily bullish, with call volume about five times puts and call premiums accounting for roughly 90% of options value. A standout trade involved a $1.4 million purchase of 2,000 35‑strike calls expiring Jan 15, 2027. The rally follows a March 30% drop tied to a smuggling scandal involving its co‑founder, but strong guidance helped revive sentiment.
Peace Hopes, Disney Earnings, Dismantling Spirit Airlines and More in Morning Squawk
U.S. and Iran are close to a 14‑point peace proposal, sending stock futures higher and pulling oil prices lower, while President Trump warned of a harsher response if talks fail. Technology stocks surged, highlighted by Micron’s SSD launch that lifted...
Jim Cramer Says to Own These Types of Stocks that 'Dominate the New Economy'
Jim Cramer told viewers on CNBC’s Mad Money that investors should ignore short‑term geopolitical sell‑offs and focus on companies powering the “computer‑driven economy.” He singled out AI, cloud and data‑center stocks as the most resilient, noting their demand remains strong...
The Market Isn't Grading All Big Tech Earnings the Same — Here's Why
Big‑tech giants Alphabet, Microsoft, Meta Platforms, and Amazon reported AI‑driven earnings that beat expectations, yet investors are parsing the results more carefully. While overall demand for AI infrastructure remains strong, rising memory and hardware costs have not deterred the hyperscalers...
Reddit's CEO Calls His Company 'the Fuel' For Artificial Intelligence
Reddit CEO Steve Huffman told Mad Money that the platform’s massive archive of human conversations is the "fuel" powering modern artificial‑intelligence models. The company reported a standout quarter, with revenue jumping 69% year‑over‑year to $663 million, daily active users rising 17% to...
Tech Stocks Close Out Best Month Since Start of Covid Pandemic in 2020
The Nasdaq Composite surged 15.29% in April, delivering its strongest monthly gain since the pandemic‑era rally of April 2020. Robust earnings from Alphabet, Amazon and Microsoft propelled the broader tech rally, while chipmakers such as Micron, AMD and Intel posted gains...
Jim Cramer Sees These 2 Stocks as Buys After a Busy Night of Big Tech Earnings
Jim Cramer’s CNBC Investing Club highlighted a mixed earnings night for the four hyperscalers, with Alphabet up 5% and Meta down roughly 10%. Despite the volatility, Cramer singled out Amazon as the only buy recommendation among the group. Nvidia’s stock...
We Toured an AI Data Center to See How Our Stock Names Make These Facilities Work
CoreSite’s NY3 AI‑optimized data center in Secaucus illustrates how power, chips, fiber, networking and cooling infrastructure enable the AI boom. Big Tech is slated to spend $608 billion this year on AI data centers, while newcomers like OpenAI and Anthropic are...
Is Meta's AI Spending Blitz Working? The Stock's Next Move Depends on the Answer
Meta Platforms is allocating up to $169 billion in 2026 for AI and related infrastructure, highlighted by a $21 billion commitment to CoreWeave, a $27 billion deal with Nebius, and a multibillion‑dollar partnership with AWS for Graviton chips. The debut of its multimodal...
Jim Cramer Is Unfazed by Tuesday's Sell-Off: 'You Should Expect Them, Even Hope for Them'
Jim Cramer downplayed Tuesday’s broad sell‑off in AI‑linked stocks, calling it a necessary market correction after a period of rapid gains. The pullback was sparked by a Wall Street Journal report that OpenAI missed internal growth targets, pulling down names...
Tech's Hyperscalers Face Wall Street for First Time Since U.S. Iran War Sent Oil Prices Soaring
Tech hyperscalers—including Alphabet, Amazon, Meta and Microsoft—are set to report earnings amid heightened geopolitical tension after the U.S. and Israel’s attacks on Iran. The conflict has driven oil prices up roughly 50%, disrupted helium production, and intensified an existing memory...
Jim Cramer Says This Could Be the Biggest Threat to the Market’s Rally
Jim Cramer warned that a surge of high‑profile IPOs—particularly from OpenAI, SpaceX and Anthropic—could drain liquidity from the broader market and stall the current rally. He noted that these AI‑centric companies may command trillion‑dollar valuations, attracting disproportionate institutional and retail...
WHCD Shooting, DOJ Ends Powell Probe, Musk Vs. Altman and More in Morning Squawk
The White House Correspondents’ Dinner was disrupted by an armed shooter, prompting a rapid security response and raising concerns about political violence. The Justice Department abruptly closed its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for...
The Aerospace and Defense Trade Is Taking Investors Deeper Into Space, and More ETFs Are up for the Mission
Investors are turning to exchange‑traded funds that target aerospace, defense, and space technologies as geopolitical tension from the Iran war fuels demand. VettaFi highlighted the Procure Space ETF (UFO), up roughly 19% since the conflict began, and the Global X...
We're Booking a 375% Gain in a Stock to Raise Cash for Unloved Names
Jim Cramer’s Charitable Trust sold 25 Broadcom shares at about $418.57, crystallizing a 375% gain on positions bought in September 2023. The sale trims the trust’s Broadcom weighting to roughly 4% of the portfolio, down from 4.30%. The move comes...
Cohere to Acquire German AI Company Aleph Alpha as It Looks to Expand in Europe
Cohere, the Canadian AI lab valued at $7 billion, announced plans to acquire Germany’s Aleph Alpha, a move designed to accelerate its European expansion. As part of the transaction, Schwarz Group will inject $600 million into Cohere’s upcoming Series E round, bolstering the...
TSMC Shares Jump to Record High as Taiwan Eases Single-Stock Investment Caps for Funds
Taiwan Semiconductor Manufacturing Co. (TSMC) shares jumped 5% to a new all‑time high after Taiwan’s regulator announced it will raise the single‑stock allocation ceiling for domestic equity funds and actively managed ETFs from 10% to 25% of assets. The rule...
People Will Be 'Living and Working' On the Moon in the 2030s, Says Space Tech CEO
Voyager Technologies CEO Dylan Taylor told CNBC’s CONVERGE LIVE that an inflatable lunar habitat could be operational by the end of the 2020s, with a permanent human presence on the Moon emerging in the early 2030s. He highlighted a broader...
Alibaba’s Qwen AI Is Coming to Cars, Allowing Drivers Order Food and Book Hotels by Voice
Alibaba announced that its Qwen large‑language‑model AI will be embedded in vehicles from BYD, Geely, SAIC‑Volkswagen and other Chinese automakers. The system runs on Nvidia’s automotive chip platform and can operate with limited network connectivity, blending on‑device and cloud processing....
AI Will Boost Productivity so ServiceNow Won't Have to Backfill Open Jobs, CEO Says
ServiceNow CEO Bill McDermott told CNBC the firm will keep headcount flat through 2027 by leveraging AI to boost worker productivity. The company posted first‑quarter 2026 results that beat expectations, yet the stock slipped about 12% amid broader software‑sector AI...
Microsoft's LinkedIn Names Longtime Exec Dan Shapero Its New CEO
Microsoft announced that longtime LinkedIn executive Dan Shapero will assume the role of CEO of the professional network, reporting to current CEO Ryan Roslansky, who will remain an executive vice president at Microsoft. The transition is effective immediately and follows...
Nvidia Backs AI Company Vast Data at $30 Billion Valuation
Vast Data announced a $1 billion Series F round that lifts its valuation to $30 billion, with Nvidia among the investors. The funding, led by Drive Capital and Access Industries, also includes Fidelity, NEA and other backers. The startup, which provides AI‑focused data‑management...
Ceasefire Extension, Best Buy's New CEO, Amazon's GLP-1 Push and More in Morning Squawk
President Trump announced an extension of the Iran cease‑fire, calming oil‑price volatility after recent attacks in the Strait of Hormuz. Boeing reported a smaller‑than‑expected Q1 loss and beat revenue forecasts, sending its shares up more than 3% pre‑market, while United...
Jim Cramer Says Tim Cook Accomplished Something 'Almost Impossible' As Apple CEO
Jim Cramer lauded Apple CEO Tim Cook for turning the company into the "greatest consumer‑based enterprise in history." Under Cook, Apple’s share price surged roughly 1,900% and its forward P/E multiple climbed from the low‑teens to about 30×, reflecting a...
Trump Says Anthropic Is Shaping up and a Deal Is 'Possible' For Department of Defense Use
President Donald Trump told CNBC a deal allowing the Department of Defense to use Anthropic’s AI models is “possible,” after weeks of tense negotiations. The Pentagon had labeled Anthropic a supply‑chain risk in March and ordered a halt to its...
Apple's Next CEO, Warsh's Confirmation Hearing, the Psychedelic Stock Surge and More in Morning Squawk
Apple announced hardware chief John Ternus will succeed Tim Cook as CEO in September, positioning a hardware‑focused leader to tackle Apple’s lag in artificial‑intelligence. Former Fed governor Kevin Warsh faced his Senate confirmation hearing, where he pledged Fed independence amid President Trump’s push...
Tim Cook Reactions: Sam Altman, Palmer Luckey React to Apple CEO Move
Apple announced that longtime CEO Tim Cook will step down on September 1, 2026, transitioning to the role of executive chairman. He will be succeeded by John Ternus, the senior vice president of hardware engineering, who will assume the CEO title....
The Nasdaq's Win Streak, Netflix Earnings, Another AI Pivot and More in Morning Squawk
The Nasdaq Composite logged its 12th straight day of gains, the longest winning streak since 2009, as stock futures rose on optimism surrounding a newly brokered Israel‑Lebanon cease‑fire. Netflix beat revenue forecasts in Q1, buoyed by a $2.8 billion breakup fee,...
S&P 500's All-Time High, Investigators Visit the Fed, Allbirds' Rebrand and More in Morning Squawk
U.S. equity markets surged as the S&P 500 and Nasdaq closed at all‑time highs, even as the Iran‑Israel conflict threatens oil supplies and Europe’s jet‑fuel reserves. PepsiCo beat Q1 expectations, powered by a rebound in North‑American snack volumes after price cuts,...
The Public Sours on AI and Data Centers as Anthropic, OpenAI Look to IPO and Tech Keeps Spending
Public sentiment toward artificial intelligence in the United States has turned sharply negative, with recent polls showing a majority of voters believing AI poses more risks than benefits. The backlash intensified after a Molotov‑cocktail attack on OpenAI CEO Sam Altman's...
Jim Cramer Says the Stock Market Is so Overbought that We Have to Tread Carefully
Jim Cramer warned that the S&P Short‑Range Oscillator has surged into an extreme overbought level of over +8%, suggesting the recent rally may be losing steam. While the Dow slipped about 200 points, the S&P 500 rose 0.3% and the Nasdaq...
OpenAI Pulls Back From Stargate Norway Data Center Deal as Microsoft Takes Over
OpenAI has scrapped its plan to directly rent compute from the 230 MW Stargate Norway data center operated by UK‑based Nscale. Instead, the company is negotiating with Microsoft to lease the capacity, allowing Microsoft to absorb the spare slots and add...
Bank of America Earnings, Kalshi's DC Charm Offensive, a United-American Merger and More in Morning Squawk
Bank of America posted its strongest earnings per share in nearly two decades, lifting the stock 1.2% after beating forecasts, while Morgan Stanley saw revenue jump 16% year‑over‑year, sending its shares up nearly 3%. The market was buoyed by renewed...
Why Are Workers so Worried About AI? Listen to How Business Leaders Talk About It
Workers are increasingly anxious that AI will displace them, a sentiment amplified by recent high‑profile layoffs at companies like Block and Oracle. Business leaders, however, can curb this fear by reframing AI as a tool for capacity‑building rather than cost‑cutting...
Samsung SDS Shares Jump 20% on KKR Partnership and $820 Million Bond Purchase
Samsung SDS shares surged over 20% after private‑equity firm KKR agreed to buy $820 million (≈1.22 trillion won) of newly issued convertible bonds. The investment backs Samsung SDS’s push to become a full‑stack AI solutions provider and fund overseas expansion. KKR will...
Nvidia Stock Is on a 10-Day Winning Streak and up 18% over that Stretch
Nvidia’s shares have climbed more than 18% over the past ten days, marking its longest winning streak since 2023. CEO Jensen Huang disclosed that the company holds roughly $1 trillion of GPU orders through 2027, underscoring robust AI demand. The rally coincided...
JPMorgan Earnings, Oracle's $300 Million Windfall, New Delta Suites and More in Morning Squawk
JPMorgan Chase posted a 13% rise in net income and a 10% jump in revenue for Q1, beating analysts’ forecasts, while Citigroup delivered its strongest revenue in a decade. Oracle exercised a warrant that could net more than $300 million from...
Apple Unveils Its Most Affordable Laptop Ever. What the MacBook Neo Means for Investors
Apple launched the MacBook Neo, its cheapest laptop at a $599 starting price, aiming to attract budget‑conscious consumers and students. The device sits below the $1,099 entry‑level MacBook Air and far under the $3,899 16‑inch MacBook Pro, positioning Apple against low‑cost Chromebooks...
How Scared of AI Should We Be? A New Documentary Film From an Oscar Winner Seeks Answer
Oscar‑winning director Daniel Roher and co‑director Charlie Tyrell released “The AI Doc: Or How I Became an Apocaloptimist,” a theatrical documentary that explores whether it’s safe to bring a child into a world shaped by artificial intelligence. The film features...
Andy Jassy Makes It Clear Giving up on Amazon's Stock Would Be an Expensive Mistake
Amazon’s CEO Andy Jassy used his annual shareholder letter to defend a $200 billion capital‑expenditure plan focused on AI, logistics and satellite internet. While the stock rose 4.5% after the announcement, it remains flat year‑to‑date and faces projected negative free‑cash‑flow of...
Iran Says U.S. Breached Ceasefire, Anthropic's Court Loss, Rate Cut Odds and More in Morning Squawk
The Dow surged over 1,300 points even as Iran accused the United States of breaching their cease‑fire agreement, sparking concerns over oil‑tanker traffic in the Strait of Hormuz and nudging crude prices higher. In Washington, a federal appeals court denied...
Anthropic Gives Our Cyber Stocks and Other Big Tech Names an AI Stamp of Approval
Anthropic unveiled Project Glasswing, an AI‑driven initiative to detect software bugs and bolster cybersecurity for critical infrastructure. The effort brings together a coalition of twelve megacap players—including AWS, Apple, Broadcom, CrowdStrike, Palo Alto Networks, Google, Microsoft, Nvidia, JPMorgan, the Linux...
Alibaba Launches Data Center with 10,000 of Its Own Chips as China Ramps up AI Push
Alibaba and China Telecom have launched a new AI‑focused data center in Guangdong, powered by 10,000 of Alibaba’s in‑house Zhenwu semiconductors. The facility, owned and operated by China Telecom, is designed for training and inference of massive AI models and...
Asian Tech Stocks Surge as U.S.-Iran Cease Fire Ease Hormuz Disruption Worries
Asian technology and semiconductor stocks rallied sharply after the United States and Iran agreed to a conditional two‑week cease‑fire that reopened the Strait of Hormuz. The de‑escalation eased fears over helium shortages, a critical input for chip manufacturing, prompting double‑digit...
Broadcom's Stock Jumps 6% After Chipmaker Expands Google, Anthropic Deals
Broadcom's stock jumped more than 6% on Tuesday, its second‑best trading day of the year. The rally followed announcements that the chipmaker will produce next‑generation AI chips for Google and has expanded its agreement with Anthropic, granting the startup access...
Trump's Iran Deadline, the Altman-Musk Feud, Novo's Wegovy Pill and More in Morning Squawk
President Donald Trump’s 8 p.m. ET deadline to force Iran to reopen the Strait of Hormuz is tightening, pushing oil prices higher and denting market sentiment. Activist investor Bill Ackman has offered a roughly $64 billion cash‑and‑stock deal to acquire Universal Music...
OpenAI Asks California, Delaware to Investigate Musk's 'Anti-Competitive Behavior' Ahead of April Trial
OpenAI has sent letters to the attorneys general of California and Delaware urging investigations into alleged anti‑competitive behavior by Elon Musk and his associates. The company’s strategy chief, Jason Kwon, claims Musk is coordinating attacks with Meta’s Mark Zuckerberg to...
Hope for a U.S.-Iran Deal, Apple's Anniversary, OpenAI's Podcast Deal and More in Morning Squawk
Investors are eyeing a potential 45‑day U.S.–Iran cease‑fire as oil prices wobble, while Apple celebrates its 50th anniversary amid AI and supply‑chain pressures. OpenAI announced the acquisition of the TBPN tech podcast, signaling a push into media content. Meanwhile, Chinese...
The Stock Market Rebound, Nike's Recovery Questions, 'Project Hail Mary' And More in Morning Squawk
U.S. stock futures jumped on Wednesday after President Trump hinted at a rapid U.S. military exit from Iran, lifting market sentiment following a volatile March. Nike reported fiscal Q3 earnings that beat top‑ and bottom‑line expectations, yet its shares slumped...
Sen. Warren Slams Trump Administration for Pressuring EU to Relax Tech Regulations
Senator Elizabeth Warren has publicly accused the Trump administration of pressuring European allies to ease tech regulations, using tariff threats to protect U.S. tech giants like Elon Musk’s xAI. In a letter to USTR chief Jamieson Greer, she demanded records...