Jim Cramer says the tech sell-off proves why this old investing rule still matters
The action on Wall Street this week is a reminder of the importance of portfolio diversification, CNBC’s Jim Cramer said Wednesday, as tech-only portfolios have been getting beaten down during the bout of volatility. “Tech’s a good part of the market, it’s just that many of these stocks suddenly aren’t Continue Reading
E.l.f. Beauty (ELF) Q3 2026
Elf Beauty cosmetics Courtesy: e.l.f Beauty Shares of E.l.f. Beauty surged roughly 15% Wednesday after the company reported a huge earnings beat and raised its guidance for the fiscal year. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from LSEG: Earnings per share: $1.24 Continue Reading
AI will supercharge sports team valuations
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The rise of artificial intelligence is likely to boost the Continue Reading
Eli Lilly gaining in GLP-1 market over Novo Nordisk, earnings show
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters It’s a tale of two drugmakers in the red-hot obesity drug market. Both Novo Nordisk and Eli Lilly are grappling with lower prices in the U.S., but their 2026 outlooks are diverging sharply: While Novo is Continue Reading
Bitcoin bleeds for second straight day, nearly grazes $72,000
Bitcoin signage in Times Square in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin nearly touched the $72,000 mark on Wednesday, marking the second straight day of its massive retreat this week. The world’s oldest cryptocurrency sank as low as $72,096.20, plunging more Continue Reading
Oil prices jump on report U.S.-Iran nuclear talks are collapsing
Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Oil prices rose Wednesday after President Donald Trump said Iran’s Supreme Leader Ayatollah Ali Khamenei “should be very worried.” U.S. crude oil rose $1.82, or 2.88%, Continue Reading
Corporate DEI index sees 65% drop in participation from Fortune 500
People hold flags outside the US Supreme Court on December 4, 2024 in Washington, DC, during oral argument on whether states can ban certain gender transition medical treatments for young people. Roberto Schmidt | AFP | Getty Images New research from the LGBTQ+ group Human Rights Campaign showed a drastic Continue Reading
Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest Continue Reading
U.S. plans critical mineral price floors with Mexico, EU and Japan
The United States is developing plans with Mexico, the European Union and Japan to implement minimum prices for critical minerals, the U.S. Trade Representative said Wednesday. The Trump Administration is exploring a partnership with Mexico on critical minerals as part of a scheduled review of the United States-Mexico-Canada trade agreement Continue Reading
January jobs report will be released on Feb. 11 after shutdown delay
A ‘help wanted’ advertisement is displayed in Manhattan on Jan. 9, 2026, in New York City. Spencer Platt | Getty Images The January jobs report delayed by the brief government shutdown will be released next week, the Bureau of Labor Statistics said Wednesday. The closely watched report now will come Continue Reading