Finance
An analyst expects Plug Power stock to more than double. Plug Power (PLUG 35.16%) is absolutely crushing the markets, surging a jaw-dropping 66% this week alone through Friday noon, according to data provided by S&P Global Market Intelligence. First deliveries of electrolyzers to a major site and a massive analyst upgrade has sent the hydrogen…
REUTERS/BRENDAN MCDERMID/FILE PHOTO Traders work on the floor as screens display the logo for Chevron Corp. at the New York Stock Exchange in New York City, in October 2023. The S&P 500 eked out a record closing high in a volatile session today, with interest rate-cut expectations holding up as the U.S. government shutdown went…
The government shutdown is on track to stretch into next week — and lawmakers are showing no sign of a speedy resolution. In fact, Democrats and Republicans appear to be moving further apart. On Friday, lawmakers rejected a pair of spending bills — one written by Democrats, the other crafted by Republicans — that would…
While the government shutdown continues Friday, so do conversations among those in the military community about how to ensure service members and their families are taken care of. “It is tough to be deployed and to know that there’s problems going on back home and you can’t do anything about it,” said Tracy Owens, a…
CNBC’s Jim Cramer on Friday explained why he thinks there could be an opportunity to buy DraftKings following the stock’s recent losses, saying competition from online prediction markets isn’t a major threat to business. “I’m not backing away from this stock. I think the prediction market fears are overblown here, so if you don’t already…
Investing in AI infrastructure stocks can be a smart strategy in the long run. The role of the technology sector in the global economy is expanding rapidly. According to the researcher Gartner, global spending on information technology (IT) is estimated to reach $5.43 trillion in 2025. The rapid adoption of artificial intelligence (AI) worldwide is…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Wall Street holds near record highs in a government-data blackout , with enough rotational energy toward left-behind groups, refreshed confidence in the AI spending frenzy, certainty of a Fed rate cut this month…
We recently published 10 Stocks With Double-Digit Upsides. Ondas Holdings Inc. (NASDAQ:ONDS) is one of the top performers on Thursday. Ondas Holdings climbed to a fresh record high on Thursday, after ramping up its defense market segment through the purchase of 500 Wasp drones from Norway-based Rift Dynamics to support its US defense market distribution. Placed…
DEIR AL-BALAH, Gaza Strip (AP) — U.S. President Donald Trump on Friday ordered Israel to stop bombing the Gaza Strip after Hamas said it had accepted some elements of his plan to end the nearly two-year war and return all the remaining hostages taken in the Oct. 7, 2023, attack. “I believe they are ready…
Most stocks ticked higher on Friday, sending Wall Street to more records. The S&P 500 edged up by less than 0.1% to close out its seventh winning week in the last nine, and the Dow Jones industrial average climbed 238 points, or 0.5%. Both added to their all-time highs set the day before. The Nasdaq…