A chip and snack food display at a convenience store in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Soda titans PepsiCo and Coca-Cola dropped more than 4% and 1.3%,…
Several software companies could be due for a pullback after the stock market’s roaring rally this week, fueled by president-elect Donald Trump’s election victory as well as robust quarterly earnings reports. Major U.S. indexes are on track for major wins this month, with the S & P 500 up roughly 5% and the 30-stock Dow…
Warren Buffett isn’t hot on stocks right now, and the 94-year-old CEO’s latest moves reflect that. Berkshire Hathaway on Saturday said its cash pile swelled to a record $325.2 billion in the third quarter, up from $276.9 billion at the end of June. For context, that’s more than the market value of Nike , Goldman…
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…
My top 10 things to watch Tuesday, Oct. 29 1. The S & P 500 is headed for a muted open Tuesday after Wall Street on Monday started the busy week of earnings and economic data on a high note. Stocks were supported by U.S. crude oil recording its worst one-day loss in two years….
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are….
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Stock futures fell on Tuesday evening after the S&P 500 posted its first back-to-back loss since early September. Futures linked to the broad market index lost nearly 0.14%. Dow futures slid…
Here are the most important news items that investors need to start their trading day: 1. Can stocks keep rising? U.S. stocks have carved out a winning streak. The S&P 500 and Dow Jones Industrial Average have posted six straight positive weeks. Both indexes closed at record highs on Friday. A busy week of earnings,…
With Wall Street rolling into the thick of earnings season, CNBC’s Jim Cramer on Friday told investors what market-moving action to keep an eye on next week, including reports from Boeing, Tesla, IBM and T-Mobile. He celebrated the market’s lengthy winning streak and suggested it could continue. “It’s hard to believe, but this market’s now…
When Warren Buffett, the ultimate buy-and-hold investor, sells a stock, it often sends a negative signal about the underlying business and maybe even the entire industry. The Sage of Omaha, whose preferred holding period is forever, is usually only motivated to exit a big position when he judges that the competitive edge of a business…