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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. Stocks pulled back on Friday, but the S & P 500 is still on pace for its seventh straight positive week. The market moved lower in response to a huge bond selloff, which pushed the 10-year Treasury yield to roughly 4.6%. The 30-year Treasury yield topped 5.1%, its highest level since last May. Bond prices and yields move inversely. Oil climbed, with West Texas Intermediate crude pushing back above $105 per…
Arm Holdings to face US antitrust probe over chip tech, Bloomberg News reports Source link
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 Friday’s key moments. 1. The three major indexes fell Friday, weighed down by weakness in technology stocks and higher Treasury yields. Semiconductor and AI-related names pulled back after a powerful rally, while investors rotated into beaten-down areas of the market, including select healthcare and software stocks. Shares of Club name Salesforce and ServiceNow jumped almost 4% and 5%, respectively. Micron , on the other hand, dropped roughly 5%. Jim Cramer said the market was experiencing “just a classic…
Badenoch says she is a fan of the Trinidad and Tobago-born rapper’s song Starship after being endorsed by her. Source link
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025.CNBCFederal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been the shortest tenure as a governor in 71 years, he appears convinced his ideas are right. But in a CNBC interview, Miran, 42, made clear that the reality of working at the Fed has tempered his views about how fast those changes can be made. Change is…
SpaceX shareholders approve 5-for-1 stock split , Bloomberg News reports Source link
“I physically feel great—I have felt great for many, many days,” Kornfeld told ABC. “Emotionally, I feel wonderful. It’s nice to be negative for hantavirus.” Evacuation complete Overall, there have been 10 cases: Seven cases who became ill on the ship, one case that disembarked the ship on April 24, before the outbreak was identified, and fell ill in Switzerland. The remaining two cases—one from France, the other from Spain—were identified as the ship was evacuated and passengers were being repatriated. The number of deaths has not changed since May 2, with three total: a Dutch couple and a German…
The Labour MP has been a private secretary since September. Source link
Next week will test whether the AI rally can hold as fears of rising inflation grow. Stocks have been ripping higher thanks to a revival in enthusiasm around artificial intelligence. Since its March low, the S & P 500 has rallied roughly 19% to top 7,500 this week for the first time ever. Chip stocks, and especially memory, are responsible for that advance. Take note that the Roundhill Memory ETF (DRAM) , which has Micron Technology , SK Hynix and Samsung as its largest holdings, has already ballooned to $10 billion in assets under management, after only launching a little…
Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions Source link