Berkshire Hathaway shares hit eight-month high
The conglomerate that Warren Buffett built rallied to an eight-month high this week. There could be more gains ahead if they play catch up with the S&P 500. Source link
S&P 500 Index
Read More
The S&P 500 is stuck. This obscure index could determine the market’s next move
After a whipsaw two days of price action, bulls and bears are facing off again at a key technical level in the S&P 500. At the same time, an increasingly popular volatility-based measure of market breadth leans bearish. Options traders and market makers in Chicago were quick to buy dips below 7,500 in the benchmark…
What will Microsoft and Meta say on AI capex?
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. The Federal Reserve left interest rates unchanged on Wednesday afternoon after the conclusion of its July meeting . Unlike recent meetings when markets had a strong…
Here’s the tech stock to buy in a market losing patience with tech
It’s not the spend, it’s the return. That’s what Friday’s technology stock plunge said. I think it just might be the most significant tech selloff in more than a year. We need to know — potentially — what we are facing. We need to know if the trillion-dollar spigot is drying up — or it…
Inside S&P 500 AI boom, industrials are getting as rich as tech stocks
As the AI infrastructure buildout and global geopolitical developments spur massive spending, an old-guard sector of the economy is getting a level of attention from investors that rivals the action in tech. The industrials sector of the S&P 500 is trading at a price-to-earnings ratio above 30, a level investors more often associate with high fliers,…
For Gen X investors, dotcom bubble haunts near-retirement portfolios
A man looks over the plunging stock market indices at the Nasdaq MarketSite, December 20, 2000, in New York City’s Times Square. Chris Hondros | Hulton Archive | Getty Images While baby boomers hog most of the attention in conversations about retirement, Gen Xers are marching toward the same destination, and in many cases, without…
Here are 4 forces that drove a tough week for stocks
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….
Why we would buy the Intel dip but can’t get behind the Dover bounce
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 &…
J&J gets a big win on its new robotic surgical system — plus, a flood of earnings
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 were mixed on Wednesday . The S & P 500 was basically flat in late afternoon trading, while the Nasdaq was modestly weaker. Once again,…
Apple prepares a new way to buy iPhones. Plus, making sense of Google’s new AI models
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 are rebounding on Tuesday, with the S & P 500 on pace to snap a three-session losing streak. The steady climb in oil prices and…