Wall Street analysts scrambled to keep up with GE Vernova this week, dramatically hiking their stock price targets after the power company’s shares blew past expectations on a strong second quarter. Its shares rallied more than 14% on Wednesday to close at an all-time high, after raising its full-year guidance as robust power demand blunts…
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump‘s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and…
China markets fall at the open Mainland China and Hong Kong stocks opened lower, as the Asia-Pacific region was mostly in the red. Mainland China’s CSI 300 was down 0.16%, while Hong Kong’s Hang Seng Index — which includes major Chinese companies — lost 0.53%. The Hang Seng Tech Index, which tracks the largest technology companies listed in Hong…
An old school, tech workhorse is having a rough post-earnings session, but has still managed to trounce the S & P 500 in 2025 – and also rewards long-term investors who are seeking portfolio income. International Business Machines sold off sharply Thursday, down 7.6%, as investors punished the tech company when it missed Wall Street’s…
A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | Reuters Stock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high. S&P 500 futures traded up 0.1%, along with Nasdaq 100 futures. Futures…
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: The S & P 500 and Nasdaq Composite were clinging to slight gains Thursday afternoon, boosted in part by Google parent Alphabet’s strong earnings report…
My top 10 things to watch Thursday, July 24 1. Club name Honeywell solidly beat on second quarter earnings per share (EPS) and revenue and bumped up full-year guidance on each. Honeywell’s planned split into three public companies — automation, aerospace, and advanced materials — is still on track to be completed in the second half…
Bursts of speculative rallies in meme stocks have been largely held in check, making some believe the trading frenzy won’t derail the overall market that’s back at a record. Shares of Opendoor jumped about 7% in premarket trading Thursday after two days of retreat. The real estate startup gained sudden fandom among retail traders, pushing…
US President Donald Trump delivers remarks at the “Winning the AI Race” AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025. Andrew Caballero-Reynolds | AFP | Getty Images A trade agreement between the European Union and U.S. could be imminent, however with no guarantees Brussels continues to prepare retaliatory…
Chinese President Xi Jinping (3rd-L) speaks with President of the European Commission Ursula von der Leyen, President of the European Council Antonio Costa and High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas, during the opening remarks of the 25th European Union – China Summit at the Great…