Business
Tech gets crushed, defensive stocks shine. How we're making sense of it all
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Anthropic's path to the Nasdaq just got a lot bumpierConcerning projections from hyperscalers this week punished tech stocks and pushed the Nasdaq to its first three-week losing streak since March.The rise of the 15-foot skeleton—how a viral novelty became a Halloween stapleIn just six years, giant skeletons have gone from an absurd viral novelty to the centerpiece of an expanding retail arms race for the front lawn.AI is coming to construction sites. But does it make workers safer?AI is flagging hazards on construction sites, but researchers say evidence that the technology prevents injuries remains limited.Trump called out Big Oil profits. Here’s how much their refining earnings have surged sinceTrump criticized Big Oil for making “too much money,” but oil majors have since reported surging refining earnings as fuel supplies tightened.Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likesCramer said investors looking to diversify beyond the struggling AI trade should consider consumer staples.Cramer’s week ahead: Expect more volatility as tech earnings, midterms loomInvestors await earnings from Apple, AMD, and other major companies, as well as the midterm elections and the monthly jobs report.This page holds the headline and a short snippet as published by CNBC Top News, whose feed they came from. The story itself, the photography and the rights stay with them, and the button above goes straight to their site. We keep this page so the headline has a stable address and a record of when it ran.
