S&P 500 aims to extend win streak — plus, a CFO switch at one of our key names
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. Source link
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. Source link
President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026. Kevin Lamarque | Reuters The U.S. Department of the Treasury said Monday that Bank of New York Mellon will be the designated financial agent for Trump accounts. BNY will officially manage the initial accounts and has partnered with Robinhood to…
M Swiet Productions | Getty Images Gregory Hutchison, 72, is living most people’s retirement dream. After a nearly 44-year career as an expert in information technology at IBM, Hutchison retired in 2021 with close to $1 million in his 401(k). He and his wife sold their home and downsized to a smaller house by the…
Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices whipsawed in volatile trading Monday after U.S. crude briefly topped $114 per barrel, as President Donald Trump gave Iran until Tuesday to open the Strait…
We don’t have enough money coming into the stock market to handle the three big IPOs that are headed our way. Certainly, we can all be excited about how SpaceX could be a $2 trillion company, OpenAI is raising money at an $830 billion valuation, and Anthropic is worth $380 billion and will probably be…
The war with Iran will remain the dominant driver of the market action in the week ahead, as investors hope for a resolution to the conflict. But it will influence the market in other ways too: On Friday, we’ll get our first look at how the war-related surge in oil prices is showing up in…
Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “I sold it too soon. But, I bought it even sooner, so,” Buffett told CNBC’s Becky Quick in an interview Tuesday on “Squawk Box” in which he announced he’s bringing back his famed charity lunch….
The stock market finally lifted higher this week, buoyed by optimism that the Iran war would end sooner rather than later. The S & P 500 and Nasdaq Composite both snapped their five-week losing streaks Thursday during the holiday-shortened trading week. The broad-market index rose 3.4% and the tech-heavy gauge advanced 4.4%. The Dow Jones Industrial…
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A federal commission on Thursday announced lawsuits against three states over its ability to exclusively regulate prediction markets. The Commodity Futures Trading Commission said it was taking Arizona, Connecticut and Illinois to court…
CNBC’s Jim Cramer outlined Thursday what investors should watch in the week ahead, including Middle East developments, major earnings releases and key economic prints. The “Mad Money” host’s weekly game plan follows a volatile session on Wall Street. Stocks ripped higher Thursday on media reports that Iran is working with Oman to draft a protocol…