U.K. M&A is running hot, driven by large-cap companies simplifying their businesses and overseas buyers targeting cash-generative British assets, Citi U.K. CEO Tiina Lee has told CNBC. Speaking with CNBC’s “Squawk Box Europe” in Canary Wharf Thursday, Lee said M&A was “on fire,” pointing to an ongoing push by major companies to streamline portfolios and…
The Club’s 10 things to watch Thursday, June 25 1. The tech-heavy Nasdaq is set to rally today , led by semiconductor stocks after memory chipmaker Micron signaled supply still can’t keep up with growing AI-fueled demand. S & P and Dow futures are also positive, but to a much smaller degree. U.S. benchmark WTI…
Club name FedEx will soon step into the earnings spotlight after a holiday-shortened week of trading brought good news on the Iran war and oil prices. Also on our radar in the week ahead is May inflation data — though caveats are needed, as we’ll explain later — and earnings from memory chipmaker Micron ,…
A year after President Donald Trump declared his “liberation day” and imposed sweeping tariffs on imports, kicking off a wave of economic and political uncertainty, some companies are still feeling the effects. While some industries have emerged largely unscathed — having weathered twists and turns of several tariff iterations — others, such as retail, automotive,…
The stock market enters the week ahead battered and bruised by the war in Iran. In the coming days, weary investors will also need to contend with a fresh batch of jobs data and a few stragglers on the earnings front, including Club name Nike . The conflict in the Middle East will remain the…
CNBC’s Jim Cramer outlined his game plan for the week ahead, warning that a relentless rise in oil tied to the Iran war is continuing to pressure stocks – and could signal more downside. “Another miserable week. Four weeks since the war started and it’s been pretty darn awful,” Cramer said Friday on “Mad Money,”…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
A day after Jensen Huang unveiled a new chip and updated guidance at Nvidia’s annual GTC conference, the stock is … not doing much. That raises the question: Was this year’s keynote a disappointment? Has the stock simply run out of steam? Nvidia has one of the most frustrating stocks in the market, especially for…
In the world of big food, artificial intelligence is nothing new. McCormick, which owns brands including Frank’s RedHot, Cholula and Old Bay, has been using AI in flavor development for nearly a decade, with the company saying its development timelines have been cut by 20% to 25%, on average, by identifying promising flavor combinations and narrowing down which ideas are…
As earnings season continues, CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street, highlighting quarterly reports from companies including Netflix, Intel, Capital One Financial and McCormick. “It’s an awfully odd week, this second week of earnings season, as light as the next week is heavy,” Cramer said. “Except for a couple…
