Investors can trust that Nvidia’s stock has bottomed following its upbeat earnings report for a few key reasons, CNBC’s Jim Cramer said Friday after the chipmaker’s shares gained 1.82 percent. The first is CEO Jensen Huang’s own outlook for his industry, which he put quite simply on the post-earnings conference call: “The world needs more

The Walt Disney Co.: “Don’t sell Disney yet. [CEO] Bob Iger’s doing an amazing job. I don’t know about this next couple of quarters. He’s got to do this big transition with the over-the-top. But I think, long term, you want to own Disney very badly.” American Superconductor Corp.: “I think it’s been too hot,

Most CEOs would not balk at the idea of Apple buying their company. But Epic Systems CEO Judy Faulkner is not like most CEOs. In January, CNBC’s Jim Cramer suggested that Apple should consider buying Epic, one of the largest private health IT companies in the world. The move would help Apple convince customers and

PepsiCo will report fourth-quarter earnings before the bell Friday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings: $1.49 per share Revenue: $19.52 billion Shares of rival Coca-Cola fell Thursday after the company gave weaker-than-expected earnings outlook for 2019, citing headwinds from currency, Fed rate hikes and changing tax

China’s Consumer Price Index missed expectations in January coming in at 1.7 percent higher than a year ago, the National Bureau of Statistics said on Friday. Economists polled by Reuters were expecting CPI to come in at 1.9 percent higher on year. December CPI — a gauge of prices for goods and services — rose

The U.S. government is relying more than ever on private companies to explore and develop technology in space, whether its reaching the International Space Station, returning to the surface of the moon or getting humans to Mars for the first time. NASA is focused on using partnerships with companies like SpaceX and Boeing, rather than

Pharmaceutical giant Pfizer holds a lead in the erectile dysfunction market even as competition from generics erodes sales of its once-blockbuster male libido treatment, Viagra. The medication, originally developed with the intention to treat high blood pressure in adults, became a hit for males struggling in the bedroom and the New York-based drugmaker when it

With all of the investors fretting about the trade war with China and the Federal Reserve’s plans for interest rates, what CNBC’s Jim Cramer is really worried about here is jeans. “Yep, I think the biggest threat to this bull market is denim,” he said Wednesday on “Mad Money” as stocks rose on hopes of

Google’s massive footprint is only getting bigger in 2019. CEO Sundar Pichai said in a blog post on Wednesday that the company is building new data centers and offices and expanding several key locations across the U.S., spending $13 billion this year. Pichai outlined the plans, which include opening new data centers in Nevada, Ohio,

Dutch paint maker Akzo Nobel on Wednesday posted flat fourth-quarter core earnings of 240 million euros ($272 million), but marginally beat expectations, and said it expected pressure from rising raw material costs to ease in 2019. Analysts polled by Reuters had expected earnings before interest, taxes, depreciation and amortisation (EBITDA) for the three months ended

LOS ANGELES — In his first state of the state address on Tuesday, California Gov. Gavin Newsom proposed “a new data dividend” that could potentially allow residents to get paid for providing access to their data. “California’s consumers should also be able to share in the wealth that is created from their data,” Newsom said,

The Pentagon’s inspector general filed a notice on Monday that it will began evaluating the Air Force’s certification process for SpaceX’s Falcon 9 and Falcon Heavy rockets. The review will begin this month at the Space and Missile Systems Center in Los Angeles. Addressed to Air Force Secretary Heather Wilson, the memo said the Pentagon

U.S. stock index futures were higher Tuesday morning, with market participants hopeful a fresh set of trade talks could help to resolve a dispute between the world’s two largest economies. At around 3:35 a.m. ET, Dow Jones Industrial Average futures rose 154 points, indicating a positive open of more than 141 points. Futures on the

CNBC’s Jim Cramer is not short of macroeconomic worries, but one that he can’t quite get on board with is the worry that another U.S. recession is near. “Listen, I’m worried about many things: I don’t want another government shutdown, a dramatic increase in tariffs, the super-strong dollar that hurts our exports,” he said Monday

What do Sen. Kamala Harris, Toyota, Charles Schwab and Jordan Peele’s new movie “Up” all have in common? They all turned to Reddit to deploy ad campaigns and connect with consumers. The social network’s growth in popularity with a broad range of advertisers has attracted new investors and is driving up its valuation. The company

European stocks are set to open slightly higher Monday morning, with market participants looking ahead to a fresh round of U.S.-China trade talks this week. The FTSE 100 is seen 27 points higher at 7,098, the CAC is expected to open up around 18 points at 4,979, while the DAX is poised to start 36

Ranchers, farmers and industry groups are trying to slowing the momentum of popular products like the Impossible Burger, according to The New York Times — by defending the definition of the word “meat.” According to the report, the animal products lobby is moving to convince state lawmakers to implement legislation that makes clear that only

Google’s top policy chief has called for “common rules of the road” globally when it comes to the regulation of technology, amid ongoing debate around the world on how to create legislation for the internet economy. Karan Bhatia, vice president of global public policy and government relations at Google, said that while a one size

Technology investor Paul Meeks is no longer avoiding the group that made him famous on Wall Street. Meeks, who ran the world’s biggest tech fund for Merrill Lynch in the late 1990s and early 2000s, expects the tech-heavy Nasdaq to end the year at least 10 percent higher. “I’m starting to creep out of the

Once touted a barometer of consumer demand, lipstick appears to be losing its cachet as an economic indicator amid shifts in the market for beauty products, some analysts say. The “lipstick index” is a term coined by former Estee Lauder chairman Leonard Lauder after the bursting of the dot-com bubble in the early 2000s sent

In the middle of bluegrass and bourbon country in Harrodsburg, Kentucky, is Corning‘s oldest glass factory. It was built in the 1950s to create lenses for glasses, then transitioned into making LCD glass panels in the 1980s. About six months before the first iPhone was released in 2007, Steve Jobs made a call to the

Amazon CEO Jeff Bezos’ high-profile run-in with the publisher of the National Enquirer over a series of salacious photos seems to have rattled investors, CNBC’s Jim Cramer included. “It’s the last thing I want linger on,” the “Mad Money” host said on Friday. “But I’ve got to say I was surprised that the CEO of

U.S.-China trade talks will color the stock market’s action next week as earnings season winds down on Wall Street, CNBC’s Jim Cramer said Friday as stocks dipped on lingering fears around the negotiations. A Wall Street Journal report that the two countries haven’t yet drafted their deal proposals pressured the major averages on Friday. The

Sprint is suing AT&T for what it calls a “deceptive 5G E campaign” in which AT&T seeks to “mislead customers into believing that it currently offers a coveted and highly anticipated fifth-generation wireless network, known as 5G.” The complaint is a step toward legal standard in the burgeoning 5G space, and could trigger an embarrassing

Apple on Thursday threatened to remove applications from the App Store if they record users’ actions without their explicit permission. Earlier this week, TechCrunch reported that iPhone apps from Expedia, Air Canada and Hollister were using “session replay” software from a company named Glassbox that allowed them to record a user’s actions, such as screen

The U.S. military is more interested than ever before in stepping up investment in space startups, especially with the number of private companies building small rockets. Last month, Virgin Group founder Sir Richard Branson met with Air Force leadership to discuss the capabilities of Branson’s small rocket builder, Virgin Orbit. The meeting between Branson and

Philip Morris International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations. Shares of the company rose 4 percent in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.25, adjusted, vs. $1.16 expected Revenue: $7.5 billion

Hoping to increase the appeal of their battery-electric vehicles, automakers have begun rolling out an assortment of “long-range” models, such as the Tesla Model 3, Chevrolet Bolt EV, Jaguar I-Pace and Nissan Leaf Plus. Under ideal conditions, these products can deliver more than 200 miles per charge and, in some cases, even 300. But as

On-demand delivery company Instacart announced on Wednesday that it plans to overhaul the way it pays its contracted workforce to ensure that tips do not subsidize its workers’ pay. On Monday, NBC News reported that Instacart and other delivery companies including Doordash were using customer tips to subsidize the fees the company paid to drivers

Shares of Capri Holdings, the parent company of luxury accessories brands Michael Kors, Jimmy Choo and Versace, soared more than 9 percent Wednesday on the heels of what investors saw was an upbeat earnings report. CEO John Idol said in a statement the company expects to deliver both double-digit revenue and adjusted earnings-per-share growth for