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Author: Daniel snow
Here’s what is driving Tuesday’s stock rally — plus, an analyst comes to Eli Lilly’s defense
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are rallying on Tuesday, overcoming yet another premarket decline like we saw Monday. The data center and AI infrastructure trade — ranging from semiconductor stocks like Nvidia and Broadcom to industrials like GE Vernova and Eaton — is powering the market higher in reaction to Meta Platform’s 20-year agreement to buy nuclear power from Constellation Energy . The Club owns all these stocks, except for Constellation Energy. Meanwhile, there was…
You can now create an animation easily, for free, using Bing—here’s how to get started. Source link
While the average member of Congress isn’t a superstar investor and might be better off sticking to index funds, certain trades by U.S. lawmakers tend to have predictive power, according to a new report from Wolfe Research analysts. Source link
Homeland Security Secretary Kristi Noem speaks to employees at the Department of Homeland Security, Tuesday, Jan. 28, 2025, in Washington, U.S. Manuel Balce Ceneta | Via ReutersThreatening letters about President Donald Trump that led to the highly-touted arrest by federal authorities of an undocumented immigrant last month were actually written by a jailed Wisconsin man trying to get him deported, prosecutors said in a new criminal complaint.Demetric DeShawn Scott, the inmate, hoped to get Mexican immigrant Ramon Morales-Reyes deported because he is a witness in Scott’s upcoming criminal trial for alleged armed robbery and battery against Morales-Reyes, a criminal complaint filed…
Meta, Microsoft, Amazon, and Google have all pursued nuclear power as a clean way to power the artificial-intelligence revolution. Source link
U.S. Secretary of Homeland Security (DHS) Kristi Noem testifies before the House Appropriations Homeland Security Subcommittee hearing on oversight of the Department of Homeland Security, on Capitol Hill in Washington, D.C., U.S., May 6, 2025. Kevin Lamarque | ReutersFederal agents on Tuesday took into custody the family of Mohamed Soliman, the man accused of attempted murder in the fire attack on demonstrators in Boulder, Colorado, Homeland Security Secretary Kristi Noem said in a social media post.Noem said that authorities are investigating whether Soliman’s family knew about or supported Sunday’s attack.”Today, @DHSgov and @ICEGov are taking the family of suspected Boulder,…
New research underlines, once again, the difficulties women face in the modern workplace. Source link
The tech giant could finish as the largest U.S. company by market cap for the first time in months. Source link
CrowdStrike vs. Palo Alto Networks — why Wall Street values these stocks so differently
Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: When I look at the forward P/E ratio of CrowdStrike, I wonder if this isn’t too elevated when compared to PANW? Thanks, Joao There is no doubt that CrowdStrike carries a demanding price-to-earnings multiple of 125 times next 12-month earnings-per-share estimates versus its cybersecurity peer Palo Alto Networks ‘ cheaper forward…
Jonathan Raa | Nurphoto | Getty ImagesMagic Eden, best known as a non-fungible token marketplace, has quietly partnered with the team behind President Donald Trump’s meme token to launch an official $TRUMP-branded cryptocurrency wallet. Dubbed the $TRUMP Wallet, the product will feature the president’s name and likeness, support trading of $TRUMP and other digital assets including bitcoin.A waitlist for the wallet opened Tuesday at TrumpWallet.com, ahead of a broader launch slated for later this summer, according to a Magic Eden spokesperson.Billed as “the first and only crypto wallet for true Trump fans,” the project was promoted on X with the…