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CNBC’s Jim Cramer warned NVIDIA CEO Jensen Huang on Wednesday night’s post-earnings conference call that he must address the elephant in the room. There are actually two elephants: Amazon and Alphabet. And make no mistake: these two hyperscalers are encroaching on Nvidia’s turf with their own custom artificial intelligence chips. Hours before Nvidia reports its first quarter of fiscal 2027, Huang has to play offense, not defense, Cramer said on “Squawk on the Street.” As Cramer’s Investing Club reports in a preview article, the beat-and-raise is minimal. No one questions the demand for Nvidia chips. However, Huang cannot remain silent…

Hoteliers are averting a “very real threat” by signing up their 25,000 employees to host the 2026 Games.Published May 20, 2026May 20, 2026New York City hoteliers and unions have reached an eight-year collective bargaining agreement covering about 25,000 workers, averting a strike over wages, workloads and staffing levels that threatened to disrupt the city ahead of the FIFA World Cup, the president of the New York City Hotel Association said.The association’s president and chief executive officer, Vijay Dandapani, said Tuesday that although the industry had made significant concessions, the mood among owners was “overall positive” after weeks of negotiations.“We have…

Here are the biggest voices on Wall Street on Wednesday: Goldman Sachs Reiterates Broadcom Acquisition Ahead of Broadcom’s earnings, Goldman raised its price target from $480 to $500 per share. “We believe expectations are slightly elevated heading into print as capital expenditure spending patterns across key customer accounts remain strong.” Oppenheimer Upgrades Rubric to Better Than Performance The company says it recognizes the strength of its product. “We are upgrading Rubrik (RBRK) to Outperform (from Perform) and establishing $85 PT assuming strong checks from value-added resellers.” Baird says the risks and rewards are too attractive to ignore, leading Pinnacle Financial…

The jury’s swift decision to dismiss Elon Musk’s lawsuit against OpenAI and the other founders of Microsoft confirmed what we saw in court. That means Musk’s case was a weak one, in part because he waited so long to file his case. In last week’s closing arguments, OpenAI’s lawyers detailed point-by-point how the law was on their client’s side, while the plaintiffs’ team focused on Sam Altman’s apparent lack of credibility and expressed their disbelief that anyone would disagree with Musk’s accusations. The net effect was that after the verdict, some, including Mr. Musk himself, found it hard to believe…

Carol and Sis are reunited. surely, carol burnett and vicky lawrence-Who did you co-star with? carol burnett show 1967 to 1978 — Carol shared a rare selfie together after enjoying a dinner cooked by her husband brian miller. “Special night,” Vicki, 77, captioned Instagram post May 18th. “Dinner with Carol. Brian, thank you for the beautiful meal. Lots of laughs, lots of memories. I love her so much…” The pair were smiling for the cameras, with Carol wearing oversized sunglasses, a burgundy zip-up jacket and a gray turtleneck. Next to her, Vicky was wearing a velvet blue jacket with gold…

Naegohyang Women’s FC achieved a historic 2-1 victory over Suwon FC Women in a rare trip to Korea, and will face Tokyo Verdy Beleza in the final.Published May 20, 2026May 20, 2026North Korea’s sports team visited South Korea for the first time in eight years, and Naegohyang Women’s FC defeated Suwon FC Women 2-1 to advance to the final of the Asian Women’s Champions League.On Wednesday, in heavy rain in Suwon, Naegohyang came from behind to defeat its rival from the south, and the semi-finals were fought in a fair spirit with no major flashpoints.Suwon captain Ji So-yoon missed a…

A trader works at a desk on the floor of the New York Stock Exchange (NYSE) on May 19, 2026 in New York. Timothy A. Clary | AFP | Getty ImagesHSBC said U.S. Treasuries had entered “danger waters” as a spike in long-term yields raised concerns that persistent inflation and hawkish interest rate expectations could begin to spill over into stocks and broader risk assets.The sell-off in Treasuries intensified on Tuesday, pushing the 30-year U.S. Treasury yield above 5.19%, the highest level since 2007. Meanwhile, the benchmark 10-year bond yield rose towards 4.69%.As of 9:10 p.m., the 30-year Treasury yield…

Shay Shwartz is no stranger to email phishing attacks. As a teenager, he made money as a hacker, but after being arrested at the age of 16, he realized that his talent for cyber attacks could be used to thwart attacks rather than launch them. He then spent nearly a decade in top-level cybersecurity roles, leading major projects for Israel’s elite defense and intelligence forces, including work related to the Iron Dome project, before joining Axis, a startup that was later acquired by HPE. He had been itching to launch his own startup for a long time, and two years…

1. Changing interestsTraders at work at the New York Stock Exchange on May 13, 2026. new york stock exchangeInvestors’ attention yesterday focused on interest rates. 30 years US Treasury Yields have reached levels not seen since before the global financial crisis. The sharp rise in yields has pushed stock prices lower and raised fears that a rate hike is imminent.Here’s what you need to know:2. Aim for a turnaroundPeople exit a Target store on Black Friday on November 29, 2024 in Brooklyn, New York, USA.Brendan McDiarmid | Reuterstarget This morning, it beat Wall Street’s first-quarter sales and bottom line expectations,…

BEIJING, CHINA – MAY 15: US President Donald Trump meets with Chinese President Xi Jinping as he departs from a visit to Zhongnanhai Gardens in Beijing, China on May 15, 2026. Evan Vucci | Getty ImagesAlthough the meetings between Chinese President Xi Jinping and the presidents of the United States and Russia took place just a few days apart, the style and content of the talks were starkly contrasting.The meeting between Xi and President Donald Trump was filled with pomp and pageantry, reflecting Beijing’s eagerness to showcase China’s power, strength and history during the White House leader’s state visit. But…