Investing is not just a game of giant Jenga. But the pessimistic hedge funds, or the ones who must have shorts on to justify their high fees, as well as their media acolytes who sound so painfully bearish even if they are just trying to sound like informed skeptics, sure make it seem that way…
Another busy week of earnings lies ahead. About 130 S & P 500 companies are set to report this week, including Palantir Technologies , AMD and fast food giant McDonald’s . Those results come after the busiest week of the season, in which more than 150 names just posted quarterly figures. So far, profits have…
Tareq Amin, CEO of Saudi Arabian AI startup Humain, has expressed confidence that the US will approve the sale of advanced chips to the country. This prediction follows his company’s detailed assurances to American officials. One of the key guarantees provided by Humain is that the company will not purchase equipment from China’s Huawei Technologies…
There’s a problem with the stock market’s latest moves to record levels: most stocks aren’t participating. BTIG chief market technician Jonathan Krinsky highlighted Monday that, while the S & P 500 hit all-time highs on Friday and Monday, overall breadth was lackluster. Put another way, the number of New York Stock Exchange-listed companies that closed…
My top 10 things to watch Monday, Oct. 27 1. Wall Street was in rally mode this morning on the potential for a U.S.-China trade truce. A higher open would extend last week’s S & P 500 surge and record high Friday . In the week ahead, tons of earnings , including much of the…
We had some big wins this week from investing in stocks and managing a portfolio — not speculating, not betting, not risking it all on a wing and a prayer that would make Vegas casino owners green with envy. Honeywell delivered with a terrific quarter in aerospace — and you can, at last, see that…
The stock market has been volatile lately as investors study the latest twists and turns in the the U.S.-China trade war as well as earnings of major American companies. Despite those challenges, investors can also choose to focus on stocks of companies that can navigate short-term pressures to deliver strong, long-term returns. Tracking top Wall…
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap off Friday’s key moments. 1. The stock market rose Friday, with all three major indexes hitting fresh intraday record highs. Cooler-than-expected inflation data boosted investor optimism that the Fed will keep cutting rates to…