CNBC’s Jim Cramer on Friday warned that a combination of rising interest rates, elevated oil prices, and a wave of new stock offerings could continue to pressure the market in the week ahead. “You’re looking at a market that’s hostage to interest rates and high oil, coupled with a monster amount of new stock coming … Read more
Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more
Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Broadcom as overweight Morgan Stanley raised its price target on Broadcom to $502 per share from $485 following earnings. “Very strong results amid even higher expectations – but the growth trend remains very strong. PT up to $502, reiterate OW.” Jefferies upgrades RTX to … Read more
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 3, 2026 in Washington, DC. Kevin Dietsch | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter. Traders in Asia are evaluating another round … Read more
Nvidia’s massive dividend boost could lay the groundwork for other big tech companies to follow suit. The chipmaker has seen “parabolic” demand for its artificial intelligence chips in data centers and recently said it will expand into chips for personal computers — which will ” reinvent the PC ,” according to CEO Jensen Huang. That … Read more
Could it be “SaaSpocalypse Never?” Software stocks are surging back from an artificial intelligence-driven sell-off that saw the group shed almost 40% from highs last year, rallying about 6% Monday in a surge that brought the year-to-date performance in the iShares Expanded Tech-Software Sector ETF (IGV) into positive territory for the first time. The fund … Read more
Nvidia CEO Jensen Huang introduces the RTX Spark laptop during his keynote speech at Computex 2026 in Taipei on June 1, 2026. I-hwa Cheng | Afp | Getty Images Nvidia has emerged as the world’s most valuable company by dominating the market for AI chips in the data center. Now the company is expanding its … Read more
Sridhar Ramaswamy, CEO of Snowflake, helps ring The Closing Bell at the New York Stock Exchange on Sept. 30, 2025. NYSE The “SaaSpocalypse” may not be over. But for now at least, fears of software’s demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies … Read more
Traders work at the New York Stock Exchange on May 28, 2026. NYSE The rally in software stocks has gone from recovery to raging bull market, and traders are betting there’s more to come. The iShares Expanded Tech-Software ETF (IGV) is up 35% from its April low after a 5% rally Friday on the back … Read more
President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to today’s edition of the Daily Open newsletter. After weeks of paused action … Read more