My top 10 things to watch Friday, June 12 1. Today’s the day. SpaceX. The largest initial public offering of all time, raising $75 billion. We want a 25% to 30% pop at the open. Anything more than that encourages flippers and gives the company a weak shareholder base. Don’t want to see what happened…
A new deal from Eaton gives investors exactly what they want: a leaner company with greater exposure to the AI data center boom. Auto parts manufacturer Dana has agreed to combine with Eaton’s lagging Mobility business in a deal that values the unit at $5.1 billion, the companies said on Thursday. The move not only…
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. Stocks lost a bit of steam in afternoon trading on Friday. The S & P 500 and the Nasdaq Composite are hovering near the flatline despite…
President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up…
As investors worry about all of the companies that AI will wipe out, they are rotating into the ones that AI will have a harder time disrupting. And the HALO trade, as it is called, is working. HALO, which stands for “heavy assets, low obsolescence,” was coined by Josh Brown, co-founder and CEO of Ritholtz…
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station on April 13, 2026 in Miami, Florida. Joe Raedle | Getty Images Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many…
Small businesses and consumers, especially in rural parts of the country, could face higher shipping costs and less reliable delivery service as the result of a recent deal between Amazon and the U.S. Postal Service which would have Amazon sending fewer of its packages through the USPS. The changes in a recently proposed agreement, which…
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Returning packages is a pain. Uber says it can fix that. Uber Eats announced a returns feature on Friday that lets customers do it all from the phone, and a courier will pick up and…
A woman shops for dairy products at a local supermarket in the Sugar Hill neighborhood of the Manhattan borough of New York City on April 9, 2026. Charly Triballeau | Afp | Getty Images Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a…
The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact. Nonfarm payrolls rose a seasonally adjusted 178,000 during the month, a reversal from the 133,000 decline in February and better than the Dow Jones consensus estimate for 59,000, the…
