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Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Wednesday’s key moments. 1. The S&P 500 and Nasdaq hit record highs on Wednesday following progress toward a possible peace deal between the United States and Iran. “Lower oil prices and lower interest rates (bond yields) have enabled tech stocks to rally wildly,” Jim Cramer said. AI and data center infrastructure stocks continued to lead the market’s gains, supported by Corning and Nvidia’s new fiber optic partnership. “It’s certainly important,” Kramer said, reiterating his view that the economy is increasingly driven…
The report said the low number of bookings was due to several factors, including visa barriers and geopolitical concerns.Published May 6, 2026May 6, 2026U.S. hotel bookings related to the World Cup are far below industry expectations, a business group said with just five weeks left before soccer’s marquee tournament.The opinion is based on the results of a survey released Monday by the American Hotel and Lodging Association (AHLA) of its members in 11 U.S. metropolitan areas, from New York to Los Angeles, where FIFA World Cup games are being played.80% of respondents reported that hotel bookings were lower than originally…
Pandora bracelet from PANDORA concept store.Franziska Krug | German Select | Getty ImagesCompanies around the world are lining up for redemptions as the impact of U.S. tariffs becomes clear during the first quarter earnings season. philips Pandora and Pandora announced Wednesday their intention to apply for tariff rebates in response to President Donald Trump’s April 2025 “Emancipation Day” blitz.After the Supreme Court ruled in February that a wide range of Trump’s duties were illegal, the Trump administration launched a portal to process refunds that could leave the United States seeking an estimated $175 billion in restitution.The first tranche is expected…
Family is everything to Taylor and Travis, so VIP automatically includes their respective parents and siblings. Possible best man Jason Kelsey has at least two daughters, Wyatt and Elliott, who are flower girls with wife Kylie Kelsey, but depending on when the big day happens, younger sister Bennett could grow up as well. (Oh, baby Finley will probably have to put this to bed.) It remains to be seen which of Travis’ teammates will be chosen, but he was a groomsman at the 2022 wedding of Chiefs quarterback Patrick Mahomes and Brittany Mahomes, so in addition to coach Andy Reid,…
The 2026 World Cup matches will not be shown following inappropriate behavior by fans at the last public viewing party in 2023.Published May 6, 2026May 6, 2026Australian football players, fans and officials have criticized the ban on screening World Cup matches at Melbourne’s Federation Square, citing poor fan behavior during Australian matches in previous tournaments.Venue management announced Wednesday that for the first time in at least 20 years, no World Cup matches will be shown on the public plaza’s big screen.Since the 2006 World Cup in Germany, hundreds of thousands of fans have flocked to the heart of Melbourne’s central…
Oil prices plunged on Wednesday on optimism that the United States and Iran are close to a deal to end the conflict that has caused the worst energy supply disruption in history. international benchmark brent Crude oil futures were down about 6% at $103.23 a barrel as of 8:19 a.m. ET. Prices fell below $100 early in the session. us west texas intermediate Meanwhile, futures fell nearly 7% to $95.22. Two U.S. officials and two others briefed on the matter told Axios they believe the White House is close to a one-page, 14-point memorandum of understanding to end the war…
Samsung was valued at $1 trillion on Wednesday, with the South Korean tech giant’s shares soaring more than 10% as demand for chips fueled by the ongoing artificial intelligence craze. This milestone makes Samsung the second Asian company to cross the $1 trillion threshold after TSMC. The news comes on the heels of Samsung’s blockbuster earnings report last week, in which it reported an eight-fold increase in profit compared to the same period last year. Every company building AI now needs chips, and Samsung makes the memory chips that power those AI systems. As demand soars, supply cannot keep up,…
Uber on Wednesday reported lower-than-expected first-quarter revenue, but the ride-hailing giant’s booking outlook for the current quarter exceeded analysts’ expectations. The stock price rose 8% following the announcement of the financial results.Here’s how the company performed relative to Wall Street’s expectations, according to estimates compiled by LSEG.Earnings per share: 13 cents vs. 70 cents expected Revenue: $13.2 billion vs. $13.2 billion expectedUber announced that its net income decreased by $1.5 billion due to a revaluation of its equity investments. The company announced non-GAAP earnings per share of 72 cents in its Wednesday earnings call. Uber is investing in stocks didi…
Singapore’s Education Minister has confirmed that teachers are now allowed to use caning to discipline unruly students in certain cases. “Given the seriousness of the misconduct, our schools are using caning as a disciplinary measure,” Desmond Lee told parliament on Tuesday, in response to a question about new anti-bullying measures announced on April 15. These included questions about the mental health effects of caning a nine-year-old child. “We follow strict protocols to ensure student safety. For example, caning must be approved by the principal and only carried out by authorized teachers,” he told MPs.The new framework will be rolled out…
billie eilish spoke. Self-proclaimed 24 years old. survivor Fan – played a big role in the show’s 50 seasons and gave it its name.billie eilish boomerang idolNow, she’s revealing how her cameo came about. “So it’s like I wrote a letter to the contestant saying, ‘This is your secret idol,'” she said. amy poehler On the May 5 episode of good hang, Use air quotes. “‘If you use this idol, you can do it.'” In fact, if a contestant finds that idol, they can use it for immunity at Tribal Council, except Billy has a twist. Players who find an…