Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform. Courtesy: Justin Klish When Justin Klish stumbled upon an ad for Yieldstreet in February 2022, he said, it was the company’s tagline that stuck in his head. “Invest like the 1%,” the startup said. The ad spoke to his…
The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve’s next interest rate decision. The S & P 500 and Nasdaq both gained nearly 1% over the past five sessions. Both benchmark gauges hit several record closes this week, with the S…
Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. As the world’s rich have gotten richer, their investment firms have doubled down on private assets such…
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025. Al Drago | Bloomberg | Getty Images CIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. Here’s how the company did in comparison with LSEG consensus:…
U.S. President Donald Trump waves from the roof of the West Wing of the White House as he takes a tour on August 05, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images President Donald Trump signed Thursday an executive order that lays the groundwork to add alternative assets such as…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are closing out the week in record territory thanks to five straight positive sessions for the S & P 500 . There are no…
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Goldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized…
The one-two punch of strong earnings and tame inflation helped propel the S & P 500 to a positive week — despite the latest tariff news on Friday putting a slight damper on the action. The broad index added 0.59% for the week led by technology, utilities and industrials, while the tech-heavy Nasdaq outperformed, jumping…
As Wall Street launches into earnings season, CNBC’s Jim Cramer bemoaned the difficulties of anticipating stock action and discussed Nvidia, Wells Fargo and BlackRock. “This is the ups and downs of earnings seasons for the pros that are so terrifying,” he said. “I felt glorious that I had nailed Nvidia. But you could have gagged…
After a few relatively slow weeks of corporate news, things are about to ramp up. Second quarter earnings season is set to kick off in the week ahead, with the big banks starting to report. Within the Investing Club portfolio, we’ll hear from BlackRock and Wells Fargo before Tuesday’s opening bell; Goldman Sachs before Wednesday’s open;…
