The market showed strong resilience during a tough earnings week, led by gains in AI and data center stocks, according to CNBC's Jim Cramer. However, he warned that the upcoming week could be more volatile as investors face earnings reports from major companies like Berkshire Hathaway, AMD, Disney, and McDonald's, alongside the critical monthly jobs report. Cramer advises investors to hold onto leading tech stocks despite some market unevenness, highlighting the ongoing impact of AI and the 'fourth industrial revolution' on market dynamics. This earnings season reveals deeper shifts in productivity and hiring influenced by AI, which continues to drive market momentum.
Palantir Technologies stock rose 5% and Cloudflare gained 3% amid a broad market rally driven by a U.S.-Iran peace deal that revived investor risk appetite. Both companies are key players in AI and security software, sectors favored in the current ri...
Billionaire investor Dan Loeb admitted he made a major mistake by selling his private stake in Palantir Technologies when the stock was in the $20 range. After Palantir went public, its shares surged roughly 8 to 10 times higher, causing Loeb to miss...
Marvell Technology's shares surged 8% to around $273 on June 11, continuing a 57% rally over the past month as it prepares to join the S&P 500 on June 22. The stock's rise is driven by strong AI-related revenue growth and endorsements from industry l...
SpaceX begins trading under ticker SPCX, marking a new category of 'strategic tech' companies that combine rapid growth with national security importance. Unlike traditional defense contractors, SpaceX operates commercial ventures like Starlink along...
Snowflake delivered its strongest sequential growth quarter ever, with product revenue up 34% year-over-year and a raised full-year revenue forecast. Its valuation is significantly lower than Palantir's, with better free cash flow yield and multi-yea...
