Trump selects Warsh, Apple earnings, the software downturn, and more in Morning Squawk.
Morning Squawk Newsletter Happy Friday. President Trump has chosen a nominee for the next chairman of the Federal Reserve, and it’s someone named “Kevin.” This morning, stock futures are down. The S&P 500 saw a slight loss yesterday. Here are five key points investors should know as they begin their trading day. 1. Trump Makes […]
Two stocks being treated unfairly in the software sector decline are worth buying.
Market Update: Software Sector Struggles On Thursday, stocks experienced a notable downturn, with the S&P 500 and Nasdaq dipping significantly during the afternoon trading session. A major focus on that day was the tough conditions within the software market, particularly highlighted by Microsoft’s sharp 12% drop in stock value. The company’s management indicated that if […]
S&P 500 declines as Microsoft drops 12% and software shares fall: Live updates
Market Shifts as Tech Earnings Impact Indices Traders on the New York Stock Exchange had a challenging day on January 28, 2026. The S&P 500 saw a decline, partially triggered by Microsoft’s latest earnings report and a decision from the Federal Reserve regarding interest rates. The index dropped by 0.5% overall, while the Nasdaq Composite […]
Job Seekers Sue Over AI Hiring Software in Relation to Credit Reporting Laws
Job Seekers Challenge AI Hiring Tools in Lawsuit A group of job seekers has initiated a lawsuit arguing that artificial intelligence (AI) tools used in hiring processes should be subject to disclosure requirements like those imposed on credit reporting agencies. Similar to how credit agencies allow consumers to dispute incorrect information, this lawsuit asserts that […]
Software engineers confused for ICE agents faced harassment during lunch in Minneapolis
A group of software engineers in Minneapolis found themselves embroiled in a chaotic situation when they were wrongly identified as U.S. Immigration and Customs Enforcement (ICE) agents while having lunch. The incident took place at Clancy’s Deli, where, dressed in casual attire, they received an alert from a politically active anti-ICE chat. One of the […]
Software engineers confused for ICE agents face harassment during lunch in Minneapolis
Minneapolis Lunch Incident Involves Misidentification A group of software engineers in Minneapolis found themselves at the center of confusion when they were mistakenly accused of being U.S. Immigration and Customs Enforcement (ICE) agents. While they were simply having lunch at Clancy’s Deli, they faced a barrage of insults and even wild accusations, including being called […]
China instructs local businesses to discontinue the use of American cybersecurity software, according to reports.
Chinese officials have instructed domestic businesses to refrain from using cybersecurity software from various American and Israeli firms due to concerns about national security. They argue that this software might collect sensitive information and transmit it beyond China’s borders. This information comes from multiple sources familiar with the situation. The ban specifically affects companies like […]
How two portfolio names avoided Tuesday’s software stock decline
Market Update: Stocks Dip Amid Economic Events Every weekday, Jim Cramer’s CNBC Investment Club shares the Homestretch, a timely update aligning with the final hour of trading on Wall Street. On Tuesday, stocks mostly declined as investors processed the latest consumer inflation figures, substantial bank earnings, and heightened geopolitical tensions abroad. The market seems to […]
With a 72% Drop From Its Peak, Should You Consider Buying This Software Stock as It Actively Repurchases Shares?
This software-as-a-service stock has seen a dramatic shift from being a darling on Wall Street to a struggling name in the software sector. Still, the company shows solid growth and remains quite profitable. Paycom Software (payment 4.36%) Once, it was viewed as a software investment you could purchase, set aside, and return to in five […]
California DMV Mishandles Over 300,000 Real IDs Due to Software Issues
California DMV Issues Alert for 325,000 REAL ID Holders The California Department of Transportation has announced that around 325,000 individuals will need to acquire new REAL ID driver’s licenses due to a software glitch that has been around for over 20 years. The REAL ID is a federally recognized form of identification, which is set […]