Jim Cramer explains why the stock market avoided a dramatic sell-off on AI concerns
CNBC’s Jim Cramer said Monday that Wall Street managed to stave off a much steeper sell-off as three of the market’s biggest worries eased over the course of the session.
The S&P 500 lost 0.48% after falling as much as 0.8%.
Read MoreThis 1 Move Could Make or Break Your Investing Strategy, According to Warren Buffett
Key Points
-
Warren Buffett has for decades advocated for a long-term, buy-and-hold approach to investing.
-
A disciplined strategy that includes buying stocks throughout market declines can improve long-term returns.
-
This could be the single move that does the most to improve your portfolio’s performance.
Layoffs Are Down 41% This Year. For Workers Claiming Social Security, the Two Checks After a Job Cut Are Not Equal.
Quick Read
-
State unemployment benefits don’t count toward Social Security’s earnings test, but lump-sum SUB payments do, making payment structure critical for laid-off retirees.
-
Workers under full retirement age can earn $24,480 in 2026 before Social Security withholds $1 for every $2 over the limit.
AI Leaders Are Calling for a Slowdown, but Wall Street Keeps on Buying
Wall Street’s AI train is still steaming ahead, even after the technology’s leaders called for a slowdown.
A week of alarming headlines about AI’s potential to destroy civilization culminated Saturday with Anthropic’s Dario Amodei,
» Read more about: AI Leaders Are Calling for a Slowdown, but Wall Street Keeps on Buying »
Read MoreAI safety warnings rattle tech stocks: Should Singapore investors worry?
SINGAPORE – Tech stocks in the US and Singapore have come under pressure after warnings from prominent artificial intelligence officials last week revived fears that the rapid development of increasingly powerful models could pose an existential threat to humanity.
The shift in sentiment followed warnings from researchers on Sept 10 that AI could threaten humanity within the decade,
» Read more about: AI safety warnings rattle tech stocks: Should Singapore investors worry? »
Read MoreThe Burst
Alert: 77.7% Upside In Under-the-Radar Growth Stock
Investment Alert: Buy dLocal Under $13
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Growth stocks aren’t in vogue right now but some exhibit growth rates so high that they can’t help but seize your attention.
» Read more about: Alert: 77.7% Upside In Under-the-Radar Growth Stock »
Read MoreThe Ivy
Will This Hot CyberSecurity Stock Keep Soaring?
IT solutions provider CSP Inc. (CSPI) has been thriving this year, making significant strides in its cybersecurity business. But does it have more room to run?
While CSP is not a pure-play cybersecurity stock and provides different IT services and solutions, the stock is enjoying a lot of investor attention at the moment,
» Read more about: Will This Hot CyberSecurity Stock Keep Soaring? »
Read More