CNBC’s Jim Cramer on Thursday reviewed the recent slate of major bank earnings and explained why his charitable investment trust is sticking with its ownership of Morgan Stanley and Wells Fargo....
Tag: Markets
Nasdaq 100 futures fall after Netflix’s earnings disappoint
U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages’ declines during regular trading. Fut...
Stocks making the biggest moves after hours: Netflix, CSX & more
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines ...
Late Rout in Tech Sends Nasdaq 100 Into Correction: Markets Wrap
(Bloomberg) — The volatility that’s gripped financial markets this year tightened its hold on American stocks, with a late-session plunge sending the Nasdaq 100 Index into a correction. Most Rea...
Travelers, American Airlines, Signet Jewelers and more
Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue ...
Tudor portfolio manager on where she’s finding alpha in the tech sector with rising rates
(Click here to subscribe to the new Delivering Alpha newsletter.) With the prospect of higher interest rates looming, 2022 has already been a tough year for the tech sector. The Invesco QQQ ETF has fa...
Tom Cruise movie producers sign Axiom deal for space production studio
The Axiom space station, with the circular SEE-1 module attached, is seen in an artist’s rendition. Axiom Space The producers of Tom Cruise’s future space movie on Thursday announced plans...
Record IPO rush of 2021 led to historically dismal returns for investors with no relief in sight
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse...
Why Is Ford Stock Down Again Today? A Downgrade Is Hitting Shares.
Text size Ford stock has climbed 95% over the past year. Brandon Bell/Getty Images Ford Motor stock has been been on a tear, cruising by most analyst price targets. That leaves analysts in an interest...
American Airlines (AAL) revenue grew in fourth quarter, posts narrower loss
American Airlines posted its highest revenue of the pandemic during the fourth quarter as bookings rose, but it still reported a loss, as the spread of the omicron variant hurt bookings. “Over t...
American Airlines Beats Earnings Estimates. The Stock Is Rising.
Text size American Airlines stock pointed 1.2% higher in premarket trading Thursday. Getty Images American Airlines beat earnings expectations in the fourth quarter, reporting a smaller-than-expected ...
Alibaba Stock and JD.com Are Outperforming Apple and Tesla. Here’s Why.
Text size Shares in Chinese tech giants Alibaba and JD.com are rising after China cut rates. Alain Jocard/AFP via Getty Images It’s a good day for Chinese tech stocks. While the wider U.S.-listed tech...
European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining
Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-...
Top DeFi Tokens in Uniswap, Chainlink, Curve All Dip as Crypto Markets Cool
The decentralized finance (DeFi) sector has taken a beating over the past day, with several blue-chip tokens suffering significant losses. UNI, the governance token of decentralized exchange (DEX) Uni...
Jim Cramer says not all stocks are struggling to start 2022
CNBC’s Jim Cramer said Wednesday he believes it’s possible for investors to build a successful portfolio despite Wall Street’s tough start to 2022. “Real companies doing real t...
Jim Cramer, who once saw oil stocks as uninvestable, explains new view
CNBC’s Jim Cramer on Wednesday offered a defense of his newfound optimism about investing in oil stocks, contending that he changed his mind after concluding the circumstances had evolved. ̶...
You’re in good shape with Commercial Vehicle Group
DuPont de Nemours: “Sold it for the [charitable trust] yesterday. Why? Because it had moved up. We wanted to be able to take a good gain.” Commercial Vehicle Group: “I like stocks th...
SEC’s Gensler warns investors about frequent trades on brokerage apps
Securities and Exchange Commission Chair Gary Gensler on Wednesday issued a warning to retail investors who use commission-free brokerage apps to buy and sell stocks. In an interview with CNBC’s...
Nasdaq futures are flat after index closes in correction territory
A trader on the floor of the New York Stock Exchange. Getty Images U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising r...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
SEC eyes new disclosure deadlines for hedge funds building big stakes
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14...
Biden administration announces plan to confront worsening wildfires
US President Joe Biden (C) and First Lady Jill Biden (R) tour a neighborhood destroyed by the Marshall Fire alongside Boulder County Sheriff Joe Pelle (L) in Louisville, Colorado, January 7, 2022. Sau...
SoFi, Procter & Gamble, U.S. Bancorp and more
Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines...
Stock exchanges and markets, what happens in the world
Stock exchanges and markets, a recap of previous episodes 2022 turns out to be the black year for Big Tech. We have already metabolized the fact that 39% of Nasdaq stocks have lost half their value co...
Investing In Stock Market Ideas
getty Takeaways Investing involves committing capital toward a security or endeavor with the intent of gaining profit or income Investing comes with the risk of losses and potential for growth Before ...
Rocket Is a ‘Clear Industry Leader.’ The Stock is Upgraded Twice.
Text size A pedestrian wearing a protective mask passes in front of Rocket Companies Inc. signage displayed on The Chase Towers building, home to Quicken Loans, in Detroit, Michigan Emily Elconin/Bloo...
Ford’s Rivian Stake Is Worth Billions. Why That Might Be a Problem.
Text size Ford Motor Company’ logo Jeff Kowalsky/AFP via Getty Images Despite recent stock volatility, Ford Motor is making a mint on its investment in electric truck startup Rivian Automotive ....
Bank of America, UnitedHealth, P&G and more
Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 ...
Procter & Gamble (PG) Q2 2022 earnings
Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Wednesday reporte...
AMD Stock Fell to Its Lowest Price in Months. Why It’s Dropping Again.
Text size AMD Ryzen Threadripper Courtesy AMD Advanced Micro Devices was downgraded to Neutral from Overweight by analysts at Piper Sandler, who said the downgrade was driven by, among other factors, ...