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Nvidia 's rally to a record intraday high on Thursday briefly helped lift the S & P 500 into uncharted waters, leaving investors to wonder what's next for the artificial intelligence trade. At one point, shares of the chipmaker climbed as much as 3.8% in Thursday's session and at times traded above $140. That marked the first new intraday high for the megacap technology giant since June. Nvidia appeared to benefit from enthusiasm surrounding Taiwan Semiconductor , which jumped almost 10% after topping Wall Street's third-quarter earnings estimates. The S & P 500 broad market index also touched a record high during the day, mostly driven by strong semiconductor and financial stocks. Nvidia's stock, which scored an all-time closing high on Monday, has added 1.6% so far this week. The...

Check out the companies making headlines in after-hours trading: Netflix — The streaming stock popped more than 4% after third-quarter earnings topped expectations. Netflix earned $5.40 per share on $9.83 billion in revenue, while analysts forecast $5.12 a share and $9.77 billion in revenue. The company also said its ad-tier memberships jumped 35% quarter over quarter. Intuitive Surgical — Shares jumped about 5% after the maker of the da Vinci surgical robot posted better-than-expected third-quarter results. Intuitive Surgical earned $1.84 per share on $2.04 billion in revenue. Analysts surveyed by LSEG had estimated earnings of $1.63 per share on $2 billion in revenue. WD-40 — The maintenance product maker's shares dropped more than 4% after a disappointing fiscal fourth-quarter earnings ...

Donald Trump's crypto project, World Liberty Financial, published a 13-page document on Thursday, describing its mission, how tokens can be allocated, and indicating that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the "World Liberty Gold Paper," WLF said the Trump family will receive 22.5 billion "$WLFI" tokens, currently valued at $337.5 million, based on the price of 1.5 cents per token at launch this week. Trump, who's in a virtual dead heat with Vice President Kamala Harris as the election reaches its closing stages, has spent months pumping his crypto project, previously branding it as "The DeFiant Ones," a play on DeFi, short for decentralized finance. On Tuesday, the project launched the WLFI token and said in a roadmap th...

Google is replacing Prabhakar Raghavan, the company's search and ads boss, with longtime Google executive Nick Fox.The move was announced by Alphabet CEO Sundar Pichai, who said in a blog post on Thursday that Raghavan will be moving into the role of chief technologist after 12 years of leading teams across the search company. Raghavan will continue to report to Pichai in the new role, the company told CNBC in a statement."Prabhakar has decided it's time to make a big leap in his own career," Pichai wrote in the post. "In this role, he'll partner closely with me and Google leads to provide technical direction and leadership and grow our culture of tech excellence."The move comes as Google continues to restructure its teams to move more quickly in the artificial intelligence arms race, wher...

Several companies are due to report earnings next week, including some potential standouts. Earnings season is ramping up, with 22% of S & P 500 members expected to post their quarterly results next week. So far, most of the constituents that have reported third-quarter earnings have exceeded earnings and revenue expectations, according to FactSet. Against this backdrop, CNBC Pro screened Bespoke Investment Group data to find names reporting next week that tend to positively surprise investors and boast strong postearnings performances. The companies below have exceeded the Street's earnings per share expectations 70% of the time and have risen 2% or more on earnings day. Here are the names that met this criteria: ServiceNow tends to make the biggest postearnings gain of the list at ab...

With a resurgence of travel demand driving strong earnings and analyst upgrades, the cruise line industry appears to be entering a new bullish regime. While charts like Carnival Corp. (CCL) have once again become overbought, the strength of the recent breakout suggests they may just be getting started. Starting with the weekly chart, we can see that over the last 18 months, Carnival had found consistent resistance around $19.50. Through the course of 2024, numerous tests of this price resistance led to a pullback down to around $14, as the stock settled into a fairly consistent price range. The longer a resistance level is tested, the more meaningful it becomes when the price finally breaks above this price ceiling. Or as legendary technical analyst Alan Shaw used to say, "The broader the ...

Avishek Das | Lightrocket | Getty ImagesFBI agents on Thursday morning arrested a 25-year-old Alabama man on charges related to the hack in January of the Securities and Exchange Commission's X account, which led to the price of bitcoin spiking by more than $1,000, the Department of Justice announced.The man, Eric Council Jr., is charged with conspiracy to commit aggravated identity theft and access device fraud, the DOJ said. The Athens resident is expected to appear later Thursday in U.S. District Court for the Northern District of Alabama.Council is accused of conspiring with others to hack the SEC's account and send a fake tweet in the name of the agency's chairman, Gary Gensler, on Jan. 9 that said, "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered nationa...

Intel products sold in China have been recommended for a security review by a local trade association that alleges the U.S. chipmaker poses "serious risks" to national security. In a statement on Wednesday evening, the Cybersecurity Association of China outlined alleged vulnerabilities in Intel's CPU chips, claiming that flaws in product quality and security management show an "irresponsible attitude toward its customers," according to a Google translation.CSAC further accused Intel of using remote management features to surveil users while covertly installing backdoors and of failing to address defects reported by users. Read more about chip stocks from CNBC ProDaniel Newman, CEO of The Futurum Group, noted the security review comes amid increased tensions between China and the U.S. in re...

Travelers Insurance offices in New York City.Adam Jeffery | CNBCTravelers Companies' third-quarter profit beat Wall Street expectations as higher underwriting gains and investment income more than offset steep catastrophe losses, sending shares of the insurer up nearly 7%.Individuals and businesses are spending more on insurance, allowing insurers to attract and retain clients despite higher prices for some policies such as auto and property.Core income of Travelers, often seen as a sector bellwether as it typically reports results before peers, jumped nearly three-fold to $1.22 billion, or $5.24 per share, in the three months ended Sept. 30. Analysts polled by LSEG had forecast a profit of $3.55 per share.Net written premiums rose 8% as all its units grew. Underwriting gains climbed to $6...

Mounting geopolitical tensions and a tight presidential election may intensify market volatility in coming weeks, but high-quality growth stocks may prove a useful way for investors to hedge against any future uncertainty, according to Trivariate Research. October is a historically volatile month for stocks , and this week alone has seen the market seesaw. Following the gains in Monday's trading session – which saw the Dow Jones Industrial Average close above 43,000 for the first time and the S & P 500 also end at a fresh record – all three major averages retreated to end in the red on Tuesday. The indexes then finished back up again on Wednesday, with the Dow Industrials reaching yet another all-time high. This comes as earnings season is underway, with 79% of the 50 S & P names o...