Wayfair stock rises 10% as earnings beat, revenue jumps
Online home goods company Wayfair beat Wall Street estimates and reported a significant increase in revenue for the third quarter.
Cathie Wood says humanoid robots will be the ‘biggest of all’ AI opportunities
Ark Invest founder Cathie Wood on Tuesday singled out the potential for artificial intelligence to accelerate the development of humanoid robots.
JPMorgan Chase could be the next company to hit $1 trillion in market cap, Jim Cramer says
CNBC’s Jim Cramer reviewed companies in the running to reach $1 trillion in market cap.
PayPal signs deal with OpenAI to become the first payments wallet in ChatGPT
The move makes PayPal an early part of OpenAI’s efforts to broaden ChatGPT’s use for e-commerce.
Amazon laying off about 14,000 corporate workers as it invests more in AI
The company said it’s cutting roles in order to help make the company leaner and less bureaucratic, while it looks to invest in generative AI.
What another Fed cut could mean for borrowers — some rates may barely budge
Many types of consumer loans are impacted when the Fed trims its overnight lending rate.
ARK Invest CEO Cathie Wood eyes ‘explosive’ payoff in this transformative AI application
Disruptive technology investor Cathie Wood said these five pure play investments offer “explosive growth opportunities.”
This week’s tech earnings will steer the market’s direction over the next few months, Jim Cramer says
CNBC’s Jim Cramer stressed the importance of upcoming earnings from Apple, Amazon, Alphabet, Meta and Microsoft.
Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’
ARK Invest CEO Cathie Wood on Tuesday pushed back on fears of an artificial intelligence bubble.
European stocks head for broadly flat open as markets await Fed decision
European stocks are expected to open flat to higher on Tuesday as global markets await the U.S. Federal Reserve’s interest rate decision and commentary.