With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy. “Multiple international headquarters, hundreds …
As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in …
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name …
Microsoft’s Majorana 1 quantum computing chip Microsoft It doesn’t quite have the buzz of artificial intelligence, but quantum computing is having a moment of its own. Some of the most powerful institutions in the world, including Google, Microsoft, Amazon, IBM and the U.S. government, are spending many millions of dollars …
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, ran through all 30 holdings in the portfolio during the June Monthly Meeting on Wednesday. Here’s a rapid fire update on each stock, starting with those that Jim and Jeff said investors should consider trimming — or that the …
In 2019, the Indiana legislature passed a bill that would offer eligible data centers significant sales tax exemptions. The legislation said facilities packed with state-of-the-art servers could avoid the state’s 7% tax when purchasing equipment and power. The measure was a boon for large tech companies that have been rapidly …
Lisa Su, CEO of Advanced Micro Devices, testifies during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices on …
The U.S. dollar index on Thursday hit its lowest level since late March 2022 — putting renewed spotlight on what has been one of the biggest stories in financial markets this year: the weakening greenback. As the world’s reserve currency, the U.S. dollar is held in large quantities by global …
One year ago, Apple announced Apple Intelligence, its response to the wave of sophisticated chatbots and systems kicked off by the arrival of ChatGPT and the age of generative AI. Analysts said Apple’s installed base of more than 1 billion iPhones, the data on its device and its custom-designed silicon …
Salesforce on Wednesday reported better-than-expected quarterly results and provided guidance that, on its face, seemed strong. But the market response was muted, as investors discovered what was really driving the improved outlook. Revenue in its fiscal 2026 first quarter rose 8% year over year to $9.83 billion, topping expectations of …