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Mad Money 08/25/26 | Audio Only
CNBC Television· 2026-08-25 23:46
My mission is simple, to make you money. I'm here to level the playing field for all investors. There's always a bull market somewhere and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra America. I'll be with my friends. I'm just trying to make a little bit of money here. My job is not just to entertain, but it's also to teach. Call me 1800 743 CNBC. Tweet me at your quiver. I wish Nvidia weren't so darn important to this market. That way, the compa ...
Intuit Sinks 11% on Weak Outlook as Nvidia Earnings Loom | Closing Bell
Bloomberg Television· 2026-08-25 20:25
Market Trends & Macro Performance - Major U.S. indices posted fractional gains, with the Dow Jones Industrial Average and S&P 500 each up about 0.3%, the Nasdaq Composite and Nasdaq 100 each up about 0.6%, and the Russell 2000 up about 15 points or 0.5%[1][6] - Brent crude dropped about 5% and WTI fell 4.5%, dragging down the energy sector, while the AAA gas price average approached $4.10[2][11] - Information technology, communication services, and materials led the S&P 500 sectors, whereas energy, staples, and industrials declined[11] Corporate Earnings & Financial Guidance - Intuit reported a recent fiscal quarter net revenue of about $4.35 billion, but projected full fiscal year 2027 revenue between $23.28 billion and $23.51 billion, with operating income ranging from $8.06 billion to $8.15 billion, causing shares to drop 11% after hours[7][8][9] - Zoom Communications posted second-quarter revenue of about $1.28 billion and slightly raised its full-year revenue outlook to approximately $5.10 billion, with operating income estimated between $2.07 billion and $2.08 billion[22][23] - Box reported a fiscal year adjusted earnings per share outlook of $1.54 to $1.56 against estimates of $1.58, and projected fiscal year revenue of $1.29 billion, resulting in a top-line beat and a bottom-line miss with shares down 6.4%[25] Stock Performance & Industry Dynamics - Moderna shares surged 14% to become the best performer in the S&P 500 following a ratings upgrade by Wolf Research driven by successful melanoma vaccine trial results, though shares remain down about 60% from their 2021 Covid-era highs[12][13] - Resolve AI shares rose over 21%—reaching a market capitalization just shy of $2 billion—after Google selected its proprietary distributed database technology for deployment at the infrastructure level within Google Cloud[14][15] - Dick's Sporting Goods experienced its worst trading day ever, with shares plunging about 31% to their lowest level since 2023 due to continuing struggles from its acquired Foot Locker chain, a promotional footwear market, and a shift toward brands like Uggs and Birkenstock[16][17][19]