(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are eyeing a tech company that could be an artificial intelligence and nearshoring play. Plus, where JPMorgan is seeing the next big opportunity in private markets. ‘Worldwide Exchange’ Pick: Amkor Technology (AMKR) Nancy Prial of Essex Investment Management sees Amkor Technology , a semiconductor testing and packaging company as an AI play and a nearshoring play. “We like it as a back door AI play,” said Prial. “They are suppliers of outsourced…
Author: usaeverydaylife
Breanna Stewart, #30 of the New York Liberty, dribbles the ball against Napheesa Collier, #24 of the Minnesota Lynx, in the fourth quarter during Game Three of the WNBA Finals at Target Center in Minneapolis, Minnesota, on Oct. 16, 2024.David Berding | Getty ImagesVersant has signed a new 11-year media deal with the Women’s National Basketball Association, the company announced Tuesday.The agreement kicks off for the 2026 season and includes at least 50 WNBA games annually and portions of playoff and finals games during select years, the company said.Versant, the parent company of cable networks and brands soon to be…
Cerebras CEO Andrew Feldman, front row, second from left, participates in a ribbon-cutting ceremony for the company’s data center in Oklahoma City on Sept. 22, 2025.CerebrasAI chipmaker Cerebras filed to go public exactly a year ago. The company has yet to take the plunge, but has now bought itself more time to stay private.Cerebras said Tuesday that it’s raised $1.1 billion in new funding at a valuation of $8.1 billion as it tries to take on Nvidia, the world’s most valuable company, in the booming market of artificial intelligence chips.In its IPO prospectus, Cerebras calls itself a designer of chips…
Warren Buffett’s late-career foray into Japan has turned into one of his most lucrative investments and JPMorgan believes the “Oracle of Omaha” is not done yet. Back in August 2020, when Buffett was approaching his 90th birthday, Berkshire revealed it had amassed positions of more than 5% in Itochu , Marubeni , Mitsubishi , Mitsui and Sumitomo — Japan’s top trading houses that deal with everything from energy to consumer goods. Over the subsequent five years, the stock prices of the five companies have all more than tripled with the best performer surging more than 500%, according to JPMorgan’s calculations.…
Doordash is starting to look like more than just a food delivery app. The company’s fundamentals and technicals are lining up to set the stage for a break to new all-time highs, as the company is dashing into artificial intelligence and autonomous vehicle delivery. These new vehicles, pictured as inset on the monthly chart below could expand the company’s total addressable market and improve operating leverage over time. We increased our holdings in DASH in our Tactical Alpha Growth (TAG) portfolio from 2% to 3% last week. In our “fast money” account Active Opps, we hold a 3.6% allocation but with…
DoorDash launches autonomous delivery robot called Dot.Courtesy: DoorDashYour DoorDash deliverer could soon look a little different.DoorDash on Tuesday announced a robot, known as Dot, that navigates busy streets, parking lots and sidewalks to bring customers their food.Dot marks DoorDash’s first official standalone push into autonomous vehicle technology. The company previously tested drone delivery and partnered with Sam Altman-backed startup Coco Robotics for sidewalk delivery.”The scale and complexity of the business demands something like autonomy, and there isn’t anything out there that fits our use case,” DoorDash co-founder Stanley Tang told CNBC.Tang, who leads the DoorDash Labs automation and robotics unit,…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesOpenAI is debuting what it bills as its most advanced video generation model yet, alongside a new iOS app designed to bring artificial intelligence-powered video creation to everyday users.The Sora 2.0 model builds on an earlier version released this year as a research preview. OpenAI said the new release represents a major leap in physical realism, audio-video synchronization, and multi-shot storytelling.The new app, which is also called…
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Accenture (ACN) is down about 30% year to date largely on worries that “DOGE” driven federal spending cuts could hit its government business. In its Sept. 25 earnings report, management helped calm those fears, noting a rebound in bookings — helped by AI-driven demand. While the fundamentals don’t hurt the case, I trade off of price action. For this setup, I’m leaning on three of my go-to technical indicators for confirmation. RSI (Relative Strength Index) The RSI has turned sharply higher after spending most of September near oversold territory — a constructive sign that upside momentum is starting to build.…
Ford Motor Company CEO Jim Farley speaks at a Ford Pro Accelerate event on September 30, 2025 in Detroit, Michigan. Bill Pugliano | Getty ImagesDETROIT – Ford Motor CEO Jim Farley said he expects demand for all-electric vehicles to be slashed in half next month following the end of federal tax incentives on Wednesday.Farley on Tuesday said he “wouldn’t be surprised” if sales of EVs fell from a market share of around 10% to 12% this month — which is expected to be a record — to 5% after the incentive program ends.”I think it’s going to be a vibrant…
