A Wall Street firm issued price target reductions for three of our industrial stocks. However, the changes are not cause for concern. The news Analysts at Barclays on Wednesday struck an upbeat tone on Honeywell despite modestly revising their price target on the stock to $247 a share from $251. The new target still implies…
My top 10 things to watch Wednesday, March 26 1. The long knives are still out for Nvidia . Today’s example is a story in the Financial Times about environmental rules in China that, if tightly enforced, could ban sales of Nvidia’s H20 chips. The rules were put in place last year, but suspiciously are…
My top 10 things to watch Wednesday, March 12 1. Wall Street was heading for a higher open that kicked into a higher gear on cooler-than-expected consumer inflation data. The stock market has been slammed recently on economic worries about President Donald Trump’s tariffs. 2. February’s consumer price index rose 2.8% year over year. Core…
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. Market moves: Wall Street is attempting to rebound Friday, but policy uncertainty in Washington continued to get in the way. A midday pullback in stocks occurred…
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 on Monday were trying to bounce from Friday’s sharp selloff, which saw the S & P 500 post its biggest one-day pullback of the year. “I don’t know…
“My pathway led by confusion boats / mutiny from stern to bow.” That phrase, from Bob Dylan’s 1964 classic, “My Back Pages,” seeped into my head Friday afternoon, as I sought to reevaluate the role of tech in the Charitable Trust. We had just reviewed Eaton’s very good — though not excellent — quarterly results…
We say hello to February. In Friday’s session, the stocks turned over after President Donald Trump said tariffs on imports from China, Mexico, and Canada would begin Saturday. And, come Saturday, they went into effect, adding another thing for Wall Street to worry about after the final week of January was so jampacked with news…
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. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small…
My top 10 things to watch Monday, Jan. 27 1. Artificial intelligence stocks are plunging as Wall Street grapples with the ascent of DeepSeek, a Chinese startup that possibly built a competitive AI model for much less money than the American tech giants are spending on their pursuits. Nasdaq futures are down almost 4%. The…
When we talk during the 9 a.m. ET hour of CNBC’s “Squawk on the Street,” the morning show I love so much, there’s never time to flesh things out. We hit topic after topic: bang, bang, bang. Occasionally, though, Carl Quintanilla will serve it up, I’ll lob it back, and then David Faber smashes it…