American Express Rewards Checking Source: American Express American Express, known for its array of perks-laden cards, is jumping into the highly competitive arena of digital checking accounts. The co...
Tag: Investment strategy
Peloton, Novavax, Harley-Davidson and more
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton CEO John Foley will be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of ...
Spirit Airlines, Peloton, Energizer and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap dea...
5 things to know before the stock market opens Monday, February 7
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street edged up after S&P 500, Nasdaq score best weeks of 2022 Traders work on the flo...
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned....
Columbia CEO Boyle says early holiday shopping helped boost Q4 profits
Columbia Sportswear’s strong fourth-quarter profitability was helped by consumers starting their holiday shopping earlier than years past, CEO Tim Boyle told CNBC’s Jim Cramer on Friday. S...
This is a treacherous market filled with extreme stock moves
CNBC’s Jim Cramer on Friday offered viewers his game plan for the next five trading days on Wall Street. The “Mad Money” host’s lookahead came after the S&P 500 and Nasdaq ...
I don’t think Rivian will be the next Tesla
Rivian: “No, I don’t think [it’s going to be the next Tesla]. I think that it’s going to be a very unsexy truck maker. I have to tell you, Ford has to sell its stock [in Rivian...
Gas prices climb to highest level in more than 7 years as oil surges above $90
A gas station in Los Angeles on Dec. 10, 2021. FREDERIC J. BROWN | AFP | Getty Images Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark toppi...
Inflation means price jumps for dinner and roses this Valentine’s Day
Adriana Gamez restocks rose bouquets at California Flowers in downtown Los Angeles on Feb. 12, 2021. Dania Maxwell | Los Angeles Times | Getty Images They say love doesn’t cost a thing, but Vale...
Ken Griffin’s Citadel fund gains nearly 5% during January’s tech rout
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds scored gains in January despite the tech rout that crushed the market, as the spike in v...
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
I think Rattler Midstream is a buy
Rattler Midstream: “That group is red hot. The mastere limited partners. This thing yields 8%. I think it’s money good. I think it’s great. … Buy.” Nextdoor: “It...
U.S. stock futures rally after earnings reports from Amazon and Snapchat
A trader works on the floor of the New York Stock Exchange. NYSE Stock futures rose in overnight trading Thursday as investors digested a slew of corporate earnings reports after the Nasdaq Composite ...
Cramer cheers Alphabet stock split, expects retail investors to buy in
CNBC’s Jim Cramer said Wednesday he expects retail investors will flock to shares of Alphabet in greater numbers after the Google parent completes its planned 20-for-1 stock split. “If the...
Jim Cramer sees promise in natural gas firm Coterra Energy
CNBC’s Jim Cramer said Wednesday he sees promise in Coterra Energy, a natural gas-focused firm formerly called Cabot Oil & Gas Corporation. “When you’re picking among oil and gas...
We’re being harsh on companies that went public via SPAC
Boxed: “We are being very harsh on companies that came public via SPAC, even ones we like, so I’m just going to have to say I’m withholding.” Graphic Packaging: “I happen...
Waste Management CEO Jim Fish touts ‘pretty darned robust’ 2022 outlook
Waste Management CEO and President Jim Fish on Wednesday expressed confidence in the company’s 2022 prospects, despite the continued presence of inflationary pressures. “Our guidance that ...
Nasdaq futures drop as Facebook leads tech shares lower
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Nasdaq 100 and S&P 500 futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included d...
Lux Capital’s Josh Wolfe on why the buy-the-dip mantra will no longer work
(Click here to subscribe to the new Delivering Alpha newsletter.) Lux Capital invests in emerging science and technology companies, making long-term bets on contrarians in the space. Over two decades,...
Inflation impacts Valentine’s Day but overspending isn’t sexy
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation. On av...
Bob Johnson says Biden’s Build Back Better bill needs to direct money to Black-owned businesses
BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “Wh...
Jim Cramer likes most of top holdings in Cathie Wood’s Ark Innovation ETF
CNBC’s Jim Cramer on Tuesday broke down the top holdings in star money manager Cathie Wood’s Ark Innovation ETF, saying he likes the setup in most of the closely followed fund’s larg...
These 3 medical device stocks look like ‘true steals’ here
CNBC’s Jim Cramer on Tuesday identified three stocks in the medical devices field that he believes look attractive after Wall Street’s rough January. The “Mad Money” host said ...