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 as the major averages posted back-to-back losses, and what’s on the radar for the next…
My top 10 things to watch Tuesday, March 18 1. Alphabet on Tuesday signed a “definitive agreement” to acquire Wiz, the New York-based cloud security startup, for $32 billion in an all-cash deal, CNBC reported . Last July, CNBC reported that Wiz walked away from a potential $23 billion acquisition by Google, announcing to employees…
(Bloomberg) — Block Inc. shares sank the most in almost five years after the digital-payments company posted fourth-quarter profit and revenue that fell short of analysts’ forecasts. Most Read from Bloomberg The stock fell almost 18% to $68.35, the steepest decline on a closing basis since March 2020. The shares had risen about 26% in…
Wall Street fought through a pair of inflation reports and more tariff headlines to post a strong week of gains. On Valentine’s Day, the S & P 500 even flirted with a fresh all-time high before ending Friday’s session with a tiny loss. For the week, the S & P 500 advanced 1.47%, the Nasdaq…
In This Story After consecutive tariffs from the Trump administration and persistent inflation concerns, this week is expected to be relatively quiet, with only a handful of earnings reports from major companies. Elon Musk denies knowledge of a $400 million ‘Armored’ Tesla deal with the Trump Administration Read more: 5 sectors facing price hikes from…
There’s still plenty of stocks to buy ahead of earnings, according to Bank of America. The firm named several companies it says are “compelling” such as Nvidia. The other buy-rated stocks include: JD.com, Block and Toronto-Dominon. Toronto-Dominion Toronto-Dominion Bank was recently upgraded to buy from neutral by analyst Ebrahim Poonawala. The Canadian bank had been…
My top 10 things to watch Thursday, Dec. 19 1. Micron is dead right about data center demand but very wrong about cellphone and PC demand, particularly weakness in NAND memory chips used in those markets. Micron reported solid earnings results Wednesday while lowering its outlook. Truly a mistake on CEO Sanjay Mehrotra’s part. Micron…
My top 10 things to watch Monday, Dec. 2 1. Spending on Black Friday was a little stronger than expected, according to Mastercard data. It was up 3.4% overall while e-commerce was up 14.6%. Brick and mortar was up just 0.7%, which jibes with the performance over the last few weeks of Best Buy ,…
The postelection rally has hit some turbulence in recent days, giving investors a bumpy ride in the near term. However, these choppy markets can harbor plenty of opportunities — for those who know where to look. Investors shouldn’t focus too much on short-term volatility as they position their portfolios. Recommendations from Wall Street can help…
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE 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…