It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what it can. Two ways forward: bank the entire gain, or press the same playbook against another priced-for-perfection name reporting in two weeks. Heading into Tesla‘s second-quarter report, I argued the risks were skewed to the downside. Greeting a delivery beat…
BECKY QUICK: You said earlier that this is not a tax reform bill. It’s a tax cut. WARREN BUFFETT: A tax cut. BECKY QUICK: What do you think about it? WARREN BUFFETT: Well, I — I don’t think I need a tax cut. But — for example, the current proposal eliminates the estate tax. And…
General views of the TCL Chinese Theatre during opening weekend for the Christopher Nolan film, “The Odyssey” in Imax on July 18, 2026, in Hollywood, California. AaronP | Bauer-Griffin | Gc Images | Getty Images For Mike Rohlfing to see “The Odyssey” in theaters this week, the 39-year-old marketer set off on a hero’s journey…
An oilfield crew, contracted by the Railroad Commission of Texas (RRC), works a service rig during a state-funded oil well plugging operation in Midland, Texas, US, on Thursday, Sept. 25, 2025. Eli Hartman | Bloomberg | Getty Images Oil prices dropped Friday on a report that Pakistan is looking for a way to restart talks…
One down, three to go. Alphabet kicked off Big Tech earnings this week — telling Wall Street it plans to spend even more than previously expected on artificial intelligence. Now, the question is whether fellow Club names Amazon , Meta Platforms, and Microsoft will follow suit when they report next week. “Capex trends are going…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 12, 2026. Stringer | Reuters Market odds on Kalshi for when the Strait of Hormuz maritime traffic will return to normal are below 50% as of Friday afternoon. Chances that the strait’s traffic flow is normal by July 2027 plummeted to 47% from…
Oil tankers are increasingly coming under fire on several fronts as economic warfare is deployed as a weapon in the escalating conflicts in the Middle East and Europe. Iran has stepped up its attacks on tankers in and around the Strait of Hormuz this month as it tries to impose its control over the crucial…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks were mostly higher Friday on optimism that stalled U.S.-Iran peace talks would restart. That sent recently rising oil prices and bond yields lower, which supported the S &…
The Club’s top 10 things to watch Friday, July 24 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are headed for a muted open following yesterday’s sell-off on rising oil prices and bond yields, and on concerns about hyperscalers’ aggressive AI spending. That potent mix of crosscurrents…
