Hasbro Inc. toys from based on “Marvel’s The Avengers” movie sit on the shelf at a Target Corp. store in Union, New Jersey, U.S., on Wednesday, Aug. 22, 2012. Bloomberg | Bloomberg | Getty Images Chec...
Tag: Stock markets
Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff
Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden...
Activist investor Starboard reveals stake in Salesforce, sees significant opportunity
Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying...
Johnson & Johnson, Goldman Sachs, fuboTV and more
Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third...
Jim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their m...
Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it...
Jim Cramer says bank stocks could be the new market leaders
CNBC’s Jim Cramer on Monday said that financial stocks are replacing tech names as the new market leaders. “I always thought the group had the potential to become a leader again, but the b...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
China’s new growth goals require a change for attracting foreign investors, official says
A man walks along the Bund in Shanghai on Oct. 17, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — A Chinese official confirmed Monday a shift in the country’s growth goals and indicated t...
China’s Xi downplays need for rapid growth, praises Covid achievements
China’s President Xi Jinping kicks off the ruling party’s 20th National Congress — held once every five years — with an opening speech at the Great Hall of the People in Beijing on Oct. 16...
Xi warns against Taiwan interference at China’s CPC national congress
In a wide-ranging speech during the opening session of the 20th Chinese Communist Party’s Congress, Xi spoke firmly about China’s resolve for reunification with the self-governed island, w...
The oil trade may have more juice despite a losing week
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Ed...
Jim Cramer recaps 4 major banks’ earnings reports
CNBC’s Jim Cramer on Friday offered investors his thoughts on the major banks that reported earnings this week. “If the whole market hadn’t already roared yesterday, I think we could...
Take any chance to sell stocks in busy earnings week
CNBC’s Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. “The market’s dominated by the tick, tick, tick of bo...
Chile has outperformed the S&P 500 this year. Here’s how
For the most part, stocks around the world have taken a beating this year. But there’s one corner of the global market that’s bucking that trend: Chile. Chilean stocks this year are leapfr...
JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters...
Wells Fargo WFC Q3 2022 earnings
Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue | Bloomberg | Getty Images Wells Fargo said Friday that it is still seeing historically low loa...
Stocks making the biggest moves premarket
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged ...
Consumer prices jump by the most in more than 2 years
China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose. Future Publishing | Future Publishing | Getty Images BEIJING — China’s...
China is no longer just any emerging market
A worker disinfects the Sanlitun shopping complex in Beijing in June as stores in the area were closed for three days after a Covid outbreak. There’s greater caution on China this year, as strin...
You are fighting the Fed with Discover Financial
Royalty Pharma PLC: “I like it, and I’m going to stick with it. It’s not big, but it’s not bad.” Tellurian Inc: “It’s at $2, and stocks stop at $0. They don&#...
Here’s why Cramer thinks L3Harris Technologies stock is a buy
CNBC’s Jim Cramer on Thursday gave investors his blessing to buy shares of L3Harris Technologies, an aerospace and defense play. “Recently, the stock’s come down dramatically from it...
Jim Cramer says 3 factors foreshadowed Thursday’s market comeback
CNBC’s Jim Cramer on Thursday said that there were three indicators during Thursday’s trading session that suggested the initial market sell-off would fizzle out. Stocks made a stunning re...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Delta, Walgreens, Applied Materials and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel d...
Jim Cramer says these 14 stocks are ‘about to pop’
CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could bounce soon. “The S&P [500]’s down almost 25% for the year, and we’ve gone eleven m...
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from...
Western Union is not a buy
Plug Power Inc: “It’s losing money. And when a stock is losing money, it goes down.” Cameco Corp: “They did a really lousy deal with [Westinghouse Electric.] … I would ne...
Moody’s Mark Zandi sees relief within 6 months
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices s...
Digital World, Victoria’s Secret and more
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines after-hours. Digital World — Th...
Young, wealthy investors are turning to alternative investments
More advisors are using alternative investments Alternative investments typically fall into four categories: hedge funds, private equity, “real assets” such as real estate or commodities a...