My top 10 things to watch Thursday, Nov. 6 1. The S & P 500 was headed for a higher open this morning after investors yesterday shook off some of the AI-stock valuation worries that slammed the market on Tuesday. Bond yields were lower this morning. Job cuts last month hit their highest level for…
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in…
Whether or not markets are getting ahead of themselves over artificial intelligence is a hot topic for investors right now. Last week, billionaire investor Ray Dalio said his personal “bubble indicator” was relatively high, while Federal Reserve Chair Jerome Powell described the AI boom as “different” from the dotcom bubble. For Magnus Grimeland, founder of…
My top 10 things to watch Monday, Nov. 3 1. Kimberly-Clark has agreed to acquire Tylenol owner Kenvue in a cash and stock deal worth around $48.7 billion. The transaction is expected to close in the second half of next year. Shares of Kenvue were up 20% this morning, while Kimberly-Clark stock sank roughly 13%….
A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. November…
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…
Wall Street has been enamored with the “Magnificent Seven,” as the group pushes the broader stock market to all-time highs. The infatuation is at risk of becoming dangerous and could reverse soon, according to JPMorgan. “Markets are at their highs and the ‘love affair’ with U.S. technology & the Magnificent 7 remains extreme,” strategist Khuram…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. The S & P 500:…
Stock futures moved lower on Wednesday night as investors digested a batch of Big Tech earnings and the Federal Reserve’s interest rate decision. Futures tied to the Dow Jones Industrial Average slipped 30 points, or 0.06%. S&P futures fell 0.12%, while Nasdaq 100 futures fell 0.2%. Megacap tech giants Alphabet, Meta and Microsoft each reported…
My top 10 things to watch Wednesday, Oct. 29 1. The biggest two days of 2025 begin. The Fed concludes its October meeting this afternoon and is expected to lower interest rates by another 25 basis points to a range of 3.75% to 4%. The post-announcement news conference with Fed Chairman Jerome Powell is also…