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Jim Cramer Admits He was Wrong About Amazon — Now Calls Its AI Chips a Real Threat to Nvidia

Forget about online shopping and Prime subscriptions. According to Jim Cramer, Amazon is about to become one of AI’s most competitive chipmakers The “Mad Money” host recently admitted on CNBC that he “underestimated” the potential of Amazon’s lineup of in-house chip

  • mohammad501ps@gmail.com
  • June 3, 2026
  • stocks

CIMA Urges UK to Reverse Level 7 Apprenticeship Cuts in Finance

Skills England report highlights AI-driven labor shifts but faces criticism over reduced funding for advanced accounting apprenticeships. The Chartered Institute of Management Accountants (CIMA) endorsed Skills England’s 2026 report for addressing skills gaps and AI-driven

  • mohammad501ps@gmail.com
  • June 3, 2026
  • stocks

Nvidia Has Racked up a Nearly $20 Billion Profit over the Last 5 Months from an Unlikely Source

No trend has played a bigger role in sending the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite to record highs than the evolution and proliferation of artificial intelligence (AI). Empowering software and systems with the tools to make autonomous, split-secon

  • mohammad501ps@gmail.com
  • June 3, 2026
  • stocks

Macy’s Q1 2026 Earnings Beat, Raises Full-year Outlook

Macy's reported first-quarter comparable sales growth of 3%, its strongest first-quarter performance in four years, and raised its full-year net sales and earnings guidance on Wednesday. Net sales rose 1.8% to $4.68 billion in the quarter ended May 2 Net income came

  • mohammad501ps@gmail.com
  • June 3, 2026
  • politics

S&P 500 Extends Record Rally to Ninth Straight Session

The S&P 500 closed at a fresh high for the ninth consecutive day amid persistent bullish sentiment despite geopolitical risks. The S&P 500 rose for a ninth straight session, marking its longest winning streak of the year and pushing the index to another record close. Gains

  • mohammad501ps@gmail.com
  • June 3, 2026
  • politics

Silver Futures Drop to $74.62 as Geopolitical Tensions Weigh

Silver prices fall amid renewed Middle East clashes and rising oil prices ahead of the Fed’s upcoming rate decision. Silver July futures slid to $74.62 at 7:12 a.m. ET, down from an opening price of $75.49, as escalating U.S.-Iran and Israel-Hezbollah conflicts dampened ma

  • mohammad501ps@gmail.com
  • June 3, 2026
  • stocks

The Spacex IPO: 3 of the Biggest Risks to Consider

Tesla CEO Elon Musk already has one highly valuable company worth $1.6 trillion in his electric vehicle business, and if all goes well for SpaceX when it goes public later this month, he could have another with a comparable market cap. There's an outside chance that the ae

  • mohammad501ps@gmail.com
  • June 3, 2026
  • crypto

Bitcoin Momentum Gauge Hints at Recovery. Experts Remain Cautious.

What to know: Bitcoin The cryptocurrency's 14-day RSI has dropped below 30, a textbook oversold reading. The indicator measures the speed and magnitude of price movement over a two-week period While a reading below 30 suggests bearish momentum is dominant, analysts

  • mohammad501ps@gmail.com
  • June 3, 2026
  • crypto

WTW Expands Digital Asset Insurance With Redefind Acquisition

Willis Towers Watson buys Redefind to bolster cryptocurrency and digital asset insurance offerings for institutional and individual clients. Willis Towers Watson (WTW) has acquired Redefind, a digital asset insurance platform, to strengthen its presence in cryptocurrency a

  • mohammad501ps@gmail.com
  • June 3, 2026
  • stocks

Target Opens $367M Colorado Food Distribution Hub to Boost Supply Chain

The 529,000-square-foot facility will serve 129 stores across 11 states, cutting replenishment times by up to two days. Target Corp. has launched a $367 million food distribution center in Thornton, Colorado, aimed at improving supply chain efficiency and product freshness

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  • June 3, 2026
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