The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The Nasdaq on Tuesday posted a record-high close of 18,712. The index finished 2.5% below Tuesday’s…
Warren Buffett turned heads as he dumped another big portion of his Apple stake, and here’s where his top holdings stood at the end of the third quarter. Berkshire Hathaway disclosed in its earnings report that approximately 70% of its equity portfolio was concentrated in just five stocks — Apple, Bank of America , Coca-Cola…
Here are five key things investors need to know to start the trading day: 1. Markets 2. Netflix shares jump The word “Netflix” shines brightly at the presentation of the new season 3 of the Netflix series “Bridgerton” on May 14, 2024. Rolf Vennenbernd | Picture Alliance | Getty Images Shares of Netflix jumped in…
Check out the companies making headlines before the bell: Procter & Gamble — The stock fell 0.8% after reporting weaker-than-expected revenue. The household goods maker posted $21.74 billion in revenue, while analysts polled by LSEG had estimated $21.91 billion. The company attributed the miss to lower demand in China. Adjusted earnings per share of $1.93 topped…
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 was mixed Friday, with the Nasdaq leading the way higher on Netflix ‘s nearly 11% post-earnings surge to an all-time high. During the morning meeting, Jim said the…
In an aerial view, the Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty Images My top 10 things to watch Friday, Oct. 18 1. Wall Street is headed for a mixed open. The Nasdaq is being helped by a pop in Netflix shares…
A trader works on the floor at The New York Stock Exchange following the Federal Reserve rate announcement on Sept. 18, 2024. Andrew Kelly | Reuters 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…
The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy….
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…
My top 10 things to watch Tuesday, Oct. 8 1. Wall Street was headed for a higher open Tuesday after the S & P 500 had its worst session in a month. U.S. oil prices declined, pausing their recent rally on Mideast tensions. The 10-year Treasury yield pushed higher yet again, staying above 4% 2….