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Technology

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Nintendo’s fiscal first-quarter net profit beat estimates

TazaPulseAugust 6, 2026

HONG KONG, CHINA – 2026/03/06: A young shopper walks past a commercial advertisement for the Nintendo Switch, depicting the gaming character Mario, in Hong Kong. (Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nintendo reported fiscal first-quarter earnings on Thursday, beating analysts’ revenue and profit estimates, even as...

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Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall

TazaPulseAugust 6, 2026

SK Hynix Inc. 12-layer HBM4E memory chips on a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Friday, July 24, 2026. SK Hynix and Samsung Electronics Co. are set to test investor appetite for memory chips as South Korea’s stock market now a bellwether for global AI sentiment grapples with violent...

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Google is expanding its AI empire — and losing the people who built it

TazaPulseAugust 6, 2026

Demis Hassabis, co-founder of DeepMind Technologies Photographer: Jose Sarmento Matos/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Depending on where you sit, Google either has the most enviable position in artificial intelligence or is bleeding top talent to leading AI labs and other startups on the frontline of innovation. It’s a contrast that’s...

market’s biggest opportunities have room for multiple winners

TazaPulseAugust 6, 2026

CNBC’s Jim Cramer said on Wednesday that investors should stop treating the stock market like a winner-take-all game. “There’s room for many companies at each step of the AI food chain. It’s not kill or be killed,” the “Mad Money” host said. “The best stocks often belong to companies that have plenty of competition, simply...

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Jim Cramer says investors should consider buying SpaceX for their kids

TazaPulseAugust 6, 2026

CNBC’s Jim Cramer said Wednesday investors looking at Elon Musk’s SpaceX should stop thinking in quarters and start thinking in decades. “SpaceX could be a 100-year piece of paper,” the “Mad Money” host said, arguing that SpaceX should be viewed much like the century-long railroad investments that ultimately rewarded patient investors. “Maybe you put some...

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Online marketplace cutting 12% of staff

TazaPulseAugust 6, 2026

The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an...

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SpaceX gives Nvidia a much-needed boost. Cramer’s ‘undervalued’ stock

TazaPulseAugust 5, 2026

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 Wednesday’s key moments. 1. Stocks rose Wednesday , with the S & P 500 and Dow Jones Industrial Average reaching intraday record highs driven by another round of strong corporate earnings and optimism...

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Saudi PIF and Kushner’s Affinity finalize $55 billion EA Sports deal

TazaPulseAugust 5, 2026

A sign is posted in front of Electric Arts headquarters on September 29, 2025 in Redwood City, California. Justin Sullivan | Getty Images News | Getty Images A consortium led by the Public Investment Fund of Saudi Arabia has announced the completion of the $55 billion acquisition of video games maker Electronic Arts. The deal...

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We’re adding to our position in a chipmaker as the AI trade regains its footing

TazaPulseAugust 5, 2026

Shortly after the opening bell, we will buy 100 shares of Intel at roughly $97.97. Following the trade, Jim Cramer’s Charitable Trust will own 1,300 shares of INTC, increasing its weight in the portfolio to about 3.20% from 3%. After gaining 10% in Tuesday’s session, Intel shares are down slightly in premarket trading following a...

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5 things to know before the stock market opens Wednesday

TazaPulseAugust 5, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. My home state of Michigan had a big election yesterday. While we wait for the race to be called, read why the word “communist” has been a popular one this primary cycle. Stock futures are rising this morning. The three...