Indian Prime Minister Narendra Modi declared victory in the country’s election late on Tuesday, despite his party looking set to lose its outright majority, leaving him reliant on smaller regional parties.Ongoing vote counts suggest that Modi’s Bharatiya Janata Party (BJP) is likely to win just 239 seats — down from…

In 2022, we discussed the market’s deviations from long-term growth trends. That discussion centered on Jeremy Grantham’s commentary about market bubbles. To wit: “All 2-sigma equity bubbles in developed countries have broken back to trend. But before they did, a handful went on to become superbubbles of 3-sigma or greater:…

Paramount and Skydance have agreed to terms of a merger, CNBC’s David Faber reported Monday. A deal could be announced in the coming days, he said.A Paramount special committee and the buying consortium — David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms.…

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 Monday’s key moments. The Nasdaq rose Monday — led by Nvidia ‘s more than 3.5% gain after CEO Jensen Huang unveiled a new suite of artificial intelligence chips…

Investment Thesis Confluent (NASDAQ:CFLT) is making all the right moves. More specifically, Confluent is on a straight path to improving its bottom-line profitability. However, to improve its profitability, Confluent is having to sacrifice its growth rates. Consequently, I estimate that confluent isn’t particularly cheap, at 160x forward non-GAAP operating profits.…

At least one member of the Republican National Committee is working to slow Donald Trump’s attempted takeover of the organization by pushing to keep the committee neutral until Trump is officially the presidential nominee and avoid picking up his legal bills.Two draft resolutions are being circulated by Henry Barbour, a…

The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get access to SpaceX’s Starshield, a satellite communication network designed specifically for the military.The letter, obtained by CNBC and first reported by Forbes, claimed that by…

QUALCOMM (NASDAQ:QCOM) has rallied 21% since the last article was published (which can be found here). The company has published their FY1Q24 results, and this article will cover my thoughts on the earnings. This was a strong print as top and bottom-line exceeded the high end of the guidance and…

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. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) As…

It’s been a great month for Eaton stock. The power management company notched a series of record highs during a lengthy post-earnings rally that saw shares surge 17% in February. So, what’s next? Some would take profits when a stock has been on a tear like this, but we’re holding…