A small replica of the Charging Bull statue is seen on a street vendor stall outside the New York Stock Exchange on July 11, 2025. Jeenah Moon | Reuters The S&P 500 and the Nasdaq Composite climbed Wednesday, powered by tech shares after a federal court decision allowed Google to keep its Chrome browser. Optimism…
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. Communication services The sector soared…
Macy’s posted fiscal second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) -A wan, unconvincing bounce attempt from Tuesday’s stumble, but with enough pep in Mag 7 names to support the broad indexes. -The pops in Alphabet and Apple after a favorable antitrust ruling –…
Bank of America grew more optimistic on Alphabet and Apple after the Google search operator avoided a major breakup in an antitrust case. Analysts at the bank raised their price target on the Google parent to $252 per share from $217, signaling 19% upside. As for Apple, they see the stock rising to $260 from…
Wall Street is looking for a jobs report number Friday that will hit the sweet spot. Investors are fretful heading into the August payrolls report. The S & P 500 recently topped 6,500 in part because of hopes of easing monetary policy. That means Friday’s jobs data will have to do two things: Come in…
It’s been 100 trading days since the S & P 500 reached its post “liberation day” closing low. The gains have been astonishing. The benchmark index is up nearly 29% in that time. Since 1950, there have been just four instances in which the S & P 500 has seen a larger return over a…
My top 10 things to watch Wednesday, Sept. 3 1. Google will not have to divest its Chrome browser as a remedy to the search monopoly ruling, nor will it be banned from making payments for default placement on other firms’ devices. Big win for Google. Why did it happen? Because of the rise of…
Check out the companies making headlines in premarket trading. Alphabet — The parent of Google and YouTube jumped more than 6% after a federal judge ruled that Alphabet can keep its Chrome browser. But Google won’t be able to sign exclusive search deals and also has to share its data, the ruling said. Macy’s —…
The Google logo is seen outside a building housing Google offices in Beijing on February 4, 2025. China on February 4 said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods. Greg Baker | Afp | Getty Images Alphabet shares rose 6% in…