A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman, on June 21, 2026, as they prepare to transit through the critical Strait of Hormuz. Shady Alassar | Anadolu | Getty Images Oil prices remain below their recent peaks even as prospects…
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 are off to a mixed start to the week. The S & P 500 traded higher for most of the early afternoon, but the bulls…
Jefferies on Monday downgraded Apple. Edison Lee, a top analyst at Jefferies known for frequent ratings and price target changes, cut the stock to a sell-equivalent from hold. He also lowered his Apple price target to $263.66 per share from $285.56, implying nearly 16% downside from Friday’s close. Lee cited supply chain checks showing that…
The Club’s top 10 things to watch Monday, Aug. 10 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis 1. Wall Street is headed for a mixed open this morning following last week’s 3.5% surge to new highs for the S & P 500 . There’s still little clarity on…
TOPSHOT – This picture shows ships sailing near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on July 13, 2026. Afp | Getty Images The U.S. military redirected 20 more commercial vessels away from Iranian ports last week under its naval blockade, signaling no let-up in maritime…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel puts a big chunk of Berkshire’s cash to work In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel…
Inflation data for July takes center stage in the week ahead, as second-quarter earnings season winds down. Another factor that could influence the market action: updates on the Iran war. Though Treasury Secretary Scott Bessent said early last week that a deal may be coming , that news never materialized. That’s not to say a…
Investors are closely monitoring earnings releases of artificial intelligence companies amid concerns about the durability of high spending and demand. While quarterly results provide key insights into a company’s performance and execution, it is prudent to focus on long-term prospects and look beyond short-term fluctuations. Top Wall Street analysts can help investors pick stocks with…
Collateralized loan obligations may become the next big push in the exchange-traded fund industry. VettaFi’s Todd Rosenbluth suggests there’s investor demand for the alternative assets due to ongoing interest rate uncertainty. “[CLOs have] been popular within the marketplace,” the firm’s head of research told CNBC’s “ETF Edge” this week. CLOs are short-term fixed income strategies…
AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial Average and S & P 500 both touching record highs. The blue-chip index closed at a…
