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Stories published on May 24
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  • Stories published on May 24

Friday, May 24

17

Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from ~$3B to $90B+ in five years, as the stock grew 28x, including more than doubling so far in 2024 (Kif Leswing/CNBC)

www.techmeme.com

Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from ~$3B to $90B+ in five years, as the stock grew 28x, including more than doubling so far in 2024 — Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth…

16

Nasdaq, Archer-Daniels-Midland And More On CNBC's 'Final Trades'

www.benzinga.com

Joshua Brown of Ritholtz Wealth Management named Nasdaq, Inc. as his final trade on CNBC's "Halftime Report Final Trades."

09

CNBC Daily Open: Dow's worst day in 2024, Nvidia shares pop

www.cnbc.com

Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

03

CNBC Daily Open: Dow sinks 600 points, Nvidia soars

www.cnbc.com

Nvidia's blockbuster earnings and forecast couldn't stop Wall Street from taking a late dive.

Thursday, May 23

19

CNBC's Inside India newsletter: The secret of the stock market rally

www.cnbc.com

Squirreling away a portion of one's income for a rainy day would typically be considered prudent behavior. Yet, in India, it's helping make stocks overvalued.

17

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints (CNBC)

www.techmeme.com

US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints — The U.S. Department of Justice is suing to break up Live Nation, the parent…

15

Walmart, Vertex Pharmaceuticals And More On CNBC's 'Final Trades'

www.benzinga.com

Walmart Inc. reported a "really strong" quarter, with e-commerce sales surging 21%. Adjusted EPS was 60 cents.

09

CNBC Daily Open: Nvidia shares soar on AI boom

www.cnbc.com

Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs.

07

CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate

cointelegraph.com

CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment.

05

CNBC Daily Open: Nvidia shares top $1,000 on AI boom

www.cnbc.com

Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs.

Wednesday, May 22

23

Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours (Kif Leswing/CNBC)

www.techmeme.com

Nvidia reports Q1 revenue up 262% YoY to $26.04B, vs. $24.65B est., forecasts Q2 revenue above est., and splits its stock 10-for-1; NVDA jumps 5%+ after hours — Nvidia shares topped $1,000 for the first time in extended trading on…

20

Amazon plans to charge for AI version of Alexa voice assistant, CNBC reports

www.ksl.com

Amazon.com is working on an artificial intelligence-driven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs.

16

Oracle, Moderna, Palantir Technologies And A Big Bank On CNBC's 'Final Trades'

www.benzinga.com

On CNBC's "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Oracle Corporation as his final trade.

13

Chinese smartphone maker Honor plans to include Google's Gemini and Imagen 2, powered by Google Cloud, in upcoming devices, one of the first companies to do so (Arjun Kharpal/CNBC)

www.techmeme.com

Chinese smartphone maker Honor plans to include Google's Gemini and Imagen 2, powered by Google Cloud, in upcoming devices, one of the first companies to do so — Chinese smartphone maker Honor on Wednesday became one of the first device…

09

CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings

www.cnbc.com

Federal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts.

04

CNBC Daily Open: New highs on Wall Street, Fed's Waller says rate cuts months away

www.cnbc.com

Federal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts.

Tuesday, May 21

15

Morgan Stanley, Eagle Materials, Axon Enterprise And More: CNBC's 'Final Trades'

www.benzinga.com

On CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth named Eagle Materials Inc. (NYSE:EXP) as his final trade.

Monday, May 20

23

WATCH: CNBC’s Joe Kernen Warns of ‘Stagflation’ in Joe Biden’s America

www.newsbusters.org

A restaurant owner minced no words on the immense costs that are devastating his business as inflation continues to harm both owners and customers under President Joe Biden.

18

NY AG announces a $2B settlement with crypto lender Genesis, after claiming Genesis misled investors about its Gemini Earn program, leading to $1B+ in losses (MacKenzie Sigalos/CNBC)

www.techmeme.com

NY AG announces a $2B settlement with crypto lender Genesis, after claiming Genesis misled investors about its Gemini Earn program, leading to $1B+ in losses — WATCH NOW — New York Attorney General Letitia James is settling with crypto…

17

Honeywell, Prudential Financial, Hercules Capital And A Major Tech Stock On CNBC's 'Final Trades'

www.benzinga.com

Experts share top stock picks on CNBC's Halftime Report. Google announces AI-powered theft prevention for Android, Honeywell sees increasing sales.