Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Corning — Shares of the tech and specialty glass company rallied more than 12% in...
Tag: Stock markets
Global oil benchmark tops $90 for the first time since 2014
An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the fir...
Chinese companies boost overseas investment in consumer products, EV supply chain
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there...
what it means for investors, start-ups
Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters BEIJING — Inv...
Union Pacific is best railroad stock to own in this market
CNBC’s Jim Cramer said Tuesday he prefers Union Pacific over industry peer CSX, suggesting investors who want to own a railroad stock go with the Nebraska-based operator. “Don’t let ...
I still believe in Cleveland-Cliffs
Schrodinger: “I don’t know. It seems low enough. I know the Bill and Melinda Gates Foundation own it, but the problem is Cathie Wood owns it [for] ARK. When things are good, that’s f...
SEC chair eyes tougher cyber rules to protect investors against hackers
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images Securities and Exchange Co...
Supply chain woes still held back 3Q sales
Logitech’s better-than-expected quarterly results may have been stronger without the ongoing supply chain challenges, CEO Bracken Darrell told CNBC’s Jim Cramer on Tuesday. “We could...
Berkshire Hathaway’s annual meeting — Buffett’s ‘Woodstock for Capitalists’ — set to return in person after 2 years virtual
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway said Tuesday its annual shareholders meeting will be held in...
Market being dragged down by 2021’s flurry of IPOs, SPACs
CNBC’s Jim Cramer on Tuesday lamented the flurry of companies that went public in 2021 through traditional IPOs and SPAC deals, suggesting that it’s playing a role in Wall Street’s w...
Stock futures are little changed after another wild ride on Wall Street, Fed meeting in focus
Stock futures were little changed Tuesday night, following another wild session for the market. Dow Jones Industrial Average futures dipped 2 points, or less than 0.1%. S&P 500 futures rose margin...
Microsoft, F5, Navient & more
Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: ...
American Express, General Electric, IBM and more
Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell 6% after the company missed revenue estimates for the fiscal fourth qu...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
Cramer says selling not done for tech stocks trading at high multiples to sales: ‘Those have had it’
Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the mark...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
Occidental Petroleum is ‘the only oil stock that I don’t like here’
EQRx Inc.: “What certain companies have to do is, they have to buy biotech companies. This is the kind of company that needs to be bought. It shouldn’t be independent.” DigitalOcean ...
Charts suggest bitcoin and ether selling may be over soon
Charts suggest the selling in the world’s two largest cryptocurrencies may run its course soon, CNBC’s Jim Cramer said Monday, leaning on analysis from veteran technician Tom DeMark. ̶...
Stock futures are little changed after volatile session
U.S. stock index futures were little changed in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory...
Netflix, Kohl’s, Wynn Resorts, General Motors and more
Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold...
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish b...
The S&P 500 is on track for its worst January ever. Here’s why stocks are getting hit so hard
Traders work on the floor of the New York Stock Exchange (NYSE) on February 5, 2018 in New York City. Getty Images It’s a sea of red in the stock market on Monday, and there are several factors ...
Jim Chanos says the notion that the Fed will always bail out the stock market is dangerous
James Chanos and Leon Cooperman at the 2019 Delivering Alpa conference in New York on Sept. 19. 2019. Adam Jeffery | CNBC Short-seller Jim Chanos said the belief that the Federal Reserve will always r...
China’s consumers spent $73.6 billion on luxury goods at home in 2021
Consumers linger outside a Haikou duty free shop at Riyue Square, Haikou City, Hainan Province, China, on September 2, 2021. Wang Jianfeng | Future Publishing | Getty Images BEIJING — Chinese consumer...
Stock futures rise slightly following S&P 500’s worst week since March 2020
Trader on the floor of the NYSE, Jan. 21, 2022. CNBC Stock futures rose slightly in overnight trading Sunday, following the S&P 500’s worst week since March 2020, as investors awaited more c...
Charts suggest S&P 500 may struggle through early February
CNBC’s Jim Cramer said Friday that technical analysis of Wall Street’s so-called fear gauge indicates the S&P 500 faces a challenging outlook in the near term. “The charts, as in...
GoodRx is in a ‘no-fly zone’
AT&T: “Let me tell you how I feel about AT&T: I don’t hate it anymore.” GrowGeneration: “Very, very rarely do I ever say this. It’s a stock whose time has come an...
Jim Cramer says he’d buy Disney after shares slid on Netflix news
CNBC’s Jim Cramer said Friday he views the sell-off in Disney as a buying opportunity for investors. Shares of the media and entertainment giant fell 6.94%, hitting a fresh 52-week low during th...
You want to own ‘great American companies, not junk’
CNBC’s Jim Cramer on Friday looked ahead to next week’s pivotal market events, including a busy slate of corporate earnings reports and a meeting of the Federal Reserve’s policymakin...
Netflix, Peloton, Disney and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day s...
Banks close record number of branches in 2021, led by Wells Fargo
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digit...