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 Thursday’s key moments. 1. The stock market gained ground Thursday after the ADP private sector jobs report showed much weaker-than-expected hiring in August. The data boosted the already near 100% market odds on…
Check out the companies making headlines before the bell: Salesforce — The cloud company slipped 7% after Salesforce guided for third-quarter revenue to come in between $10.24 billion and $10.29 billion, lower than the $10.29 billion analysts polled by LSEG had estimated. However, Salesforce posted a second-quarter beat on both the top and bottom lines….
The August jobs report next week will be a key hurdle for a stock market that’s at all-time highs heading into what’s historically the worst month for equities. The question of Federal Reserve independence will also add to near term challenges. When it comes to monetary policy, the stakes are high for nonfarm payrolls. As far…
Check out the companies making headlines in midday trading: Coty — Shares of the beauty retailer plummeted more than 20% following its latest quarterly results. While its revenue of $1.25 billion beat the $1.20 billion that analysts surveyed by LSEG were expecting, it posted a loss per share of 5 cents, more than the 2…
The Club’s 10 things to watch Thursday, Aug. 21 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst. 1. We’re headed for another lower open. Dow futures are notably down roughly on par with the tech-heavy Nasdaq , which has been hit harder in the recent market rotation, falling over 2%…
Check out the companies making headlines in midday trading Robinhood — The brokerage stock climbed 7% as traders speculated that it could soon be added to the S & P 500. A spot in the index was opened by Hewlett Packard Enterprise’s acquisition of Juniper Networks, which officially closed Wednesday. Tesla — Shares of the…
Check out the companies making headlines in midday trading: Robinhood — Shares of the brokerage app provider popped 10% and touched a fresh 52-week high. Robinhood announced an array of new crypto-related offerings , including the launch of tokenized U.S. stocks and ETFs in Europe and crypto-staking in the U.S. Cohen & Steers — Shares…
CNBC’s Jim Cramer on Thursday told investors that President Donald Trump‘s new duty on China is so steep it’s “more of an embargo,” saying most businesses won’t pay for such a markup. “As much as I sympathize with what President Trump is trying to do here — and I do — we simply aren’t ready…
Pressure on Wall Street this week may have been overdone for a handful of stocks. Economic uncertainty stemming from President Donald Trump’s tariffs on Mexico, Canada and China has stoked volatility and left investors uneasy. Even though President Trump has walked back temporarily the duties on a wide array of goods coming into the U.S.,…
My top 10 things to watch Friday, March 7 1. The U.S. added 151,000 jobs in February, below the 170,000 consensus. Unemployment rate ticked up to 4.1%. Stock futures were basically flat in response. It’s been a rough week for Wall Street. 2. Everything is fluid. That’s the key word for this tariff-filled moment in…