[ad_1] CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this quarter’s earnings season. “Why … Read more
[ad_1] The Dow Jones Industrial Average rose Monday, headed for its longest winning streak since February 2017, to kick off a busy week of key earnings reports and a major policy decision from the Federal Reserve. The 30-stock Dow gained 187 points, or 0.54%, on track for an 11th straight day of gains. The S&P … Read more
[ad_1] Traders on the floor of the NYSE June 29, 2023. Source: NYSE Stocks were mixed Friday as traders assessed the latest corporate earnings results, and the Dow Jones Industrial Average stretched its winning streak to 10 sessions. The 30-stock Dow climbed 2.51 points, or 0.01%, to close at 35,227.69. The S&P 500 added 0.03% … Read more
[ad_1] A “Hollywood ending” for Herc has been postponed, according to Bank America. Analyst Sherif El-Sabbahy double-downgraded shares to underperform from buy, citing the near-term impact from the ongoing writers and actors strike in Hollywood. He also reduced his price target to $140 from $150, which implies a 1.6% pullback from Thursday’s close. Herc rents … Read more
[ad_1] Traders on the floor of the NYSE Source: NYSE U.S. stock futures were little changed Tuesday night after the Dow Jones Industrial Average notched its longest winning streak since 2021. Dow Jones Industrial Average futures fell by 6 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures dipped 0.04% and 0.09%, respectively. Carvana … Read more
[ad_1] CNBC’s Jim Cramer on Monday analyzed Ford Motor‘s move to slash prices for its electric F-150 Lightning pickup truck. Cramer said he thinks the price cuts are due at least in part to the novelty of EVs wearing off for many Americans. Ford announced on Monday it would cut prices for all versions of … Read more
[ad_1] Traders work on the floor of the New York Stock Exchange. NYSE Stocks were higher Monday as Wall Street braced for quarterly reports from some of the biggest companies in the world. The Dow Jones Industrial Average traded 60 points higher, or 0.2%. The S&P 500 climbed 0.2%, while the Nasdaq Composite advanced 0.4%. … Read more
[ad_1] UBS named a raft of U.S. and global stocks it says are set to beat a major index in 2023, which it described as a year of “inflection points.” The stock picks are its “highest conviction” names, and the list is aimed at beating the MSCI All Countries World Index, the Swiss bank said … Read more
[ad_1] Traders work the floor of the New York Stock Exchange. Getty Images U.S. stock futures were slightly higher Wednesday morning as investors looked toward the first potentially pivotal inflation report slated for release this week. Futures tied to the Dow Jones Industrial Average and S&P 500 futures both traded close to flatline points, whil … Read more
[ad_1] Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway Energy has agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett‘s big energy and utility division bought the stake from Dominion Energy … Read more