Author: Daniel snow

[ad_1] Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, believes the S&P 500 can rally another 12% this year. [ad_2] Source link

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Wall Street was mixed Thursday, with the S & P 500 higher and the Nasdaq lower. Modest moves in the indexes again masked a rotation out of higher-multiple stocks into lower-multiple ones. It’s why Dover and DuPont , both lower-multiple Club stocks, were getting a look, and higher-multiple names like CrowdStrike and Broadcom were getting hit. We recently trimmed CrowdStrike and Broadcom after big gains. Cramer said that Thursday’s trading is why he…

[ad_1] The adoption of artificial intelligence tools is increasing at a rapid pace but remains far from ubiquity, providing more fuel for the AI trade to keep rallying. A string of recent data shows that businesses and consumers in the U.S. are increasingly using generative AI to help complete more tasks and address inquiries more quickly and efficiently. That bodes well for investors who own stocks across the AI trade — ranging from chipmakers to data center suppliers to companies that help electricity get made — because it suggests the hype on Wall Street is backed up by real-world embrace…

[ad_1] A troubling shift in the dollar’s trading relationship with U.S. stocks has eased somewhat over the past few weeks. [ad_2] Source link

[ad_1] Paul Revere statue in Boston Freedom Trail, a national landmark and major tourist attraction in Boston, Massachusetts.Jorgeantonio | Istock | Getty ImagesFor 400 years, the spirit of independence has served the people of Massachusetts well. In 2025, it helped the state achieve a turnaround of sorts in CNBC’s annual America’s Top States for Business study.The Bay State is America’s most improved state in this year’s rankings, rising 18 spots to No. 20 overall, after staging the biggest drop — falling 23 places — last year. Massachusetts was able to make that U-turn thanks to its relative independence from Washington.…

[ad_1] After being called out by a group of investors, Tesla has set a date for its annual gathering. [ad_2] Source link

[ad_1] Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China, on Jan. 7, 2020.Aly Song | ReutersTesla CEO Elon Musk said the company is expanding its robotaxi service area and bringing xAI’s Grok to vehicles as it rolled out a new iteration of the artificial intelligence chatbot.Shares gained about 3%.Musk said on X that Grok, his AI chatbot that praised Adolf Hitler and posted a barrage of antisemitic comments recently, will be available in Tesla vehicles “next week at the latest.”xAI officially launched the Grok 4 update overnight as the company continued…

[ad_1] Pavlo Gonchar | Lightrocket | Getty ImagesSpace startup Varda announced on Thursday that it has raised $187 million in Series C funding, led by venture capital firms Natural Capital and Shrug Capital, to continue advancing drug manufacturing in space.The latest round included participation from Peter Thiel, Lux Capital, Khosla Ventures and Caffeinated Capital. It brought the total capital Varda’s raised to $329 million.”By expanding, we can support work on more complex molecules and ultimately increase cadence to achieve the turnaround times the pharmaceutical industry expects,” Chief Science Officer Adrian Radocea said in a press release Thursday.Varda’s main mission is to…

[ad_1] U.S. President Donald Trump speaks to media ahead of boarding Marine One to depart to attend the NATO Summit in The Hague, Netherlands, from the South Lawn at the White House in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | ReutersSix months into his second term in office, President Trump has begun to fundamentally change the relationship between the federal government and the states. In the process, he has shaken up CNBC’s annual competitiveness ranking, America’s Top States for Business.Virginia, last year’s No. 1 state and a top three finisher in each of the last five years, slips…

[ad_1] Pipeline Winding in Summer Mountain LandscapeSarkophoto | Istock | Getty ImagesFrom the first discovery in Prudhoe Bay in 1968, Alaskans have had a love-hate relationship with oil.On one hand, it allowed Alaska to abolish its state income tax, fund most government operations and provide every Alaskan with a dividend that continues to this day. On the other hand, it has left the state at the near total mercy of the global oil market.In recent years, that has proven to be a bad bet. And it is the major reason Alaska finishes at the bottom of the CNBC America’s Top…