The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes coming out ahead of Thanksgiving, as investors wrap up a major month for markets following President-elect Donald Trump’s election victory. The October personal consumption expenditure (PCE) price index set to release Wednesday could dent already-dimming…
My top 10 things to watch Friday, Nov. 22 1. Sellers were active yesterday in some of Club name Nvidia ‘s biggest customers, the hyperscalers that run a bunch of data centers. Does that continue as it dawns on people that there will be no price concessions on Nvidia’s next-gen AI chip platform Blackwell because…
My top 10 things to watch Wednesday, Nov. 20 1. Target is the disaster du jour. The stock sank more than 15% after the retailer missed on quarterly earnings and revenue and cut guidance. Discretionary spending is just not that. Consumers are being choosy. There’s some hope on the horizon: Still has $9.4 billion on…
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 sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Some of…
Check out the companies making headlines in midday trading. Shopify — Shares surged 26% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify’s $2.16 billion revenue beat a FactSet estimate of $2.12 billion. The stock was on track for…
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 Monday’s key moments. Wall Street was mixed Monday, the day before Election Day. There’s also a two-day Fed meeting this week. The market expects an interest rate cut of 25 basis points on…
Shortly after the opening bell, we will buy 50 shares of Advanced Micro Devices at roughly $142 and 40 shares of CrowdStrike at roughly $302. Following the trades, Jim Cramer’s Charitable Trust will own 675 shares of AMD, increasing its weighting to 2.8% from 2.6%, and 100 shares of CrowdStrike, increasing its weighting to 0.88%…
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…
We’re buying 13 shares of BlackRock at roughly $987 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 30 shares of BLK, increasing its weighting to 0.85% from 0.5%. With the stock market oversold, according to the S & P Short Range Oscillator momentum tool, we want to put cash to work in names…
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 Monday’s key moments. 1. Stocks kicked off the week on a high note, with big tech lifting the Nasdaq to new records. This week is crucial for the tech sector as Club names…