Author: Daniel snow

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 rebounding from Wednesday’s sell-off as interest rates retreat from their recent highs. The tech-heavy Nasdaq is leading the market higher with strength in technology stocks. Club name Amazon got a midday bump after it was reported that Bill Ackman’s Pershing Square started a new position in Amazon in April. Wheeling and dealing: Honeywell has made yet another deal. The Club industrial conglomerate said on Thursday that it bought…

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Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023.Bloomberg | Bloomberg | Getty ImagesBillionaire investor Ray Dalio on Thursday sounded another alarm on soaring U.S. debt and deficits, saying it should make investors fearful of the government bond market.”I think we should be afraid of the bond market,” Dalio said at an event for the Paley Media Council in New York. “It’s like … I’m a doctor, and I’m looking at the patient, and I’ve said, you’re having this accumulation, and I can tell you that this is very,…

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In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesAnthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of artificial intelligence models yet: Claude 4.The company said the two models, called Claude Opus 4 and Claude Sonnet 4, are defining a “new standard” when it comes to AI agents and “can analyze thousands of data sources, execute long-running tasks, write human-quality content, and perform complex actions,” per a release.Anthropic, founded by former OpenAI…

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