Cramer chose INTC over CBRS, citing Intel’s $16 billion quarter as proof of a real AI turnaround. That result represented the company’s strongest revenue growth in 15 years.
Cerebras posted 94% revenue growth but guides to operating margins of negative 31% and carries negative shareholders’
The signing of a landmark civilian nuclear agreement between the United States and Saudi Arabia last week marks a key turning point for the global energy landscape. This 30-year, multibillion-dollar deal, finalized on July 22, 2026, opens the door for U.S. companies to build Saudi Arabia’s nuclear infrastructure, including potential uranium enrichment capabilities.
» Read more about: US-Saudi Sign Landmark Atomic Deal: A Game Changer for Nuclear ETFs? »
July 29 (UPI) — The stock market opened with the Dow falling 400 points on Wednesday ahead of the Federal Open Market Committee’s latest interest rate decision.
The committee will announce its decision on Wednesday afternoon with Federal Reserve Chairman Kevin Warsh making his second address since being appointed.
» Read more about: The Fed faces interest rate decision as Dow drops 400 points »
The Federal Reserve held interest rates steady for the fifth consecutive policy meeting this year, amid a rebound in oil prices driven by renewed tensions in the Middle East.
The central bank voted in a split decision to hold its benchmark interest rate in the range of 3.5% to 3.75%.
» Read more about: Fed holds interest rates steady in split decision »
The Federal Reserve said on Wednesday that it is leaving its benchmark interest rate unchanged, a sign policymakers expect inflation to ebb despite higher energy costs due to the war in Iran.
This marks the fifth consecutive time the central bank has kept interest rates in the target range of 3.5% to 3.75%.
» Read more about: Federal Reserve holds interest rates steady amid signs inflation is cooling »
Ford Motor Company (F +3.31%) scaled back from electric vehicle (EV) models last year, and that was certainly good news for Tesla (TSLA -2.03%). However, the company has now announced major news that can bite into one of Tesla’s most lucrative markets.
» Read more about: Ford Just Delivered Bad News for Tesla Investors »
Energy stocks were higher premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (
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» Read more about: Sector Update: Energy Stocks Higher Pre-Bell Wednesday »
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Oil prices are back to jumping on Wednesday, while sinking technology stocks are dragging Wall Street lower ahead of a Federal Reserve decision on what to do with interest rates.
The S&P 500 fell 1%.
Investors in Silvercorp Metals Inc. SVM need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 21, 2026 $5 Call had some of the highest implied …
» Read more about: Is the Options Market Predicting a Spike in Silvercorp Metals Stock? »