CNBC's Jim Cramer suggested that it can seem hard to make new investments in this market as the indexes soar to new heights. However, he said there still are relatively inexpensive stocks to be found, naming S&P 500 names in several sectors that stand out to him."Sometimes it can feel like there's nothing left to buy," he said. "When you do a little work, you can find a host of cheaper than average stocks with above average growth."Cramer first highlighted T-Mobile, noting that he's confident in the cell ne ...

The Trump administration on Monday drew an unproven link between autism and pregnant women's use of acetaminophen, the active ingredient in one of the world's most common over-the-counter pain relievers, Kenvue's Tylenol.Officials warned women against using acetaminophen early on in their pregnancy unless they have a fever. That recommendation clashes with a bulk of scientific literature suggesting no causal link between autism and exposure to acetaminophen in the womb. Many over-the-counter drugs contain a ...

The Disney Advertising Upfront is a showcase event that brings together all the content corners of The Walt Disney Company on one stage.Disney said in a statement Monday that "Jimmy Kimmel Live!" will return to its ABC broadcast on Tuesday. Last week, ABC said it was suspending the late night show indefinitely, days after the host made comments linking the alleged killer of conservative activist Charlie Kirk to President Donald Trump's MAGA movement.Federal Communications Commission Chair Brendan Carr had s ...

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : Stocks are higher on Monday, overcoming a soft open. But once again, the largest companies are driving the action, with the market-weighted S & P 500 outperforming the Invesco S & P 500 Equal Weight ETF . The data center trade got a boost after Nvidia and OpenAI announced a massive strategic partnership to build and deploy ...

Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024.A federal judge on Monday allowed Danish renewable energy company Orsted to resume construction on an offshore wind farm that the Trump administration had blocked.The Interior Department had ordered Orsted on Aug. 22 to halt construction on Revolution Wind off the coast of Rhode Island and Connecticut. The project is fully permited and more than 80% comp ...

Nike's highly anticipated activewear line with Kim Kardashian's intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. The partnership, dubbed NikeSKIMS, is a key part of the sneaker company's strategy to win over more female shoppers and take back market share from brands like Lululemon, Vuori and Alo Yoga, which cater more closely to women. The new line will launch on Friday with three core collections – Matte, Shine and Airy – t ...

watch nowGold prices surged to a fresh record on Monday as investors wait for key inflation data and clues from Federal Reserve officials about the prospect of more rate cuts to come.Spot gold is now over $3,700 per ounce. So far this year, bullion has notched roughly three dozen record closes, gaining more than 40% as of Friday.As a safe-haven investment, gold tends to perform well in low-interest-rate environments and during periods of political and financial uncertainty. Investors see gold as protective ...

Michelob Ultra has overtaken Constellation Brands' Modelo Especial as the best-selling beer in the United States.Michelob Ultra claimed the top spot as the best-selling beer in retail channels in the 52 weeks ended Sept. 14, parent company Anheuser-Busch announced Monday, citing data from Circana. The light lager is also the top seller in bars and restaurants, according to Nielsen IQ data for the 52 weeks ended July 12.For brewer AB InBev, Michelob Ultra's triumph reverses the company's struggles from two y ...

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its second bankruptcy in less than a year."As we work to return Spirit to profitability, we face difficult decisions about our network, our fleet, and ultimately our workforce," John Bendorait ...

Core Insights - Nvidia will invest $100 billion in OpenAI to support the development of extensive data centers utilizing Nvidia's AI chips [1][6] - OpenAI plans to deploy Nvidia systems that will require 10 gigawatts of power, indicating a significant scale of operations [2][4] - The partnership underscores the interdependence of OpenAI and Nvidia in driving the artificial intelligence sector [3][4] Investment Details - The first phase of Nvidia's investment is expected to be operational in the second half of 2026, utilizing next-generation Vera Rubin systems [6] - Nvidia's investment is part of a broader valuation of OpenAI at $500 billion, with other notable investors including Microsoft, SoftBank, and Thrive Capital [6][7] Market Impact - Nvidia's stock rose by 3% following the announcement of the investment [2] - OpenAI currently has 700 million active weekly users, indicating a growing demand for AI services [4] Strategic Partnerships - The partnership with Nvidia complements OpenAI's existing infrastructure collaborations with Microsoft, Oracle, and SoftBank [6][7] - OpenAI's CEO highlighted Nvidia and Microsoft as critical partners, emphasizing their roles as "passive" investors [7]