A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024. SeongJoon Cho | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know,…
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. Markets: Stocks are slightly lower Thursday, but not far from the S & P 500 ‘s record close set Wednesday. Oil spiked a few dollars per…
Morgan Stanley’s love for Nvidia has not faded. The news Analysts at the firm reiterated Nvidia as their top pick in semiconductors following meetings with CEO Jensen Huang and other company executives. Morgan Stanley has a buy-equivalent rating on the Club stock and a price target of $150 a share, implying 13% upside from Wednesday’s…
My top 10 things to watch Thursday, Oct. 10 1. Wall Street was lower after data on September inflation and weekly initial jobless claims both came in worse than expected. The S & P 500 and Dow each closed Wednesday’s session at record highs and were sitting on solid gains for the week. The Nasdaq…
Friday’s rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. The S & P 500 , the Dow , and the Nasdaq just barely overcame Tuesday’s sharp losses on rising tensions in the Mideast that boosted oil prices and the CBOE volatility…
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. Wall Street moved modestly higher Friday after a stronger-than-expected jobs report. To be sure, though, stocks were losing some of their earlier momentum. Jim Cramer calls September’s nonfarm payroll growth…
10 things to watch Thursday, Sept. 26 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. Wall Street is looking at a higher open Thursday, led by surging tech stocks after memory chipmaker Micron delivered a better-than-expected quarter and upside guide. Micron shares jumped 18%. China stocks rallied…
It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a…
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower…
Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to recenter attention on the winning trades. “We’re now in this computer revolution,” Huang said at the Goldman Sachs Communacopia + Technology Conference on Wednesday, “This generative AI is not just a tool….