10 things to watch Friday, July 25 1. Stocks were steady this morning as we head into the last session before the weekend. The S & P 500 posted a slight gain yesterday and closed at a record high. 2. Intel reported a messy quarter. The chipmaker plans to cancel foundry projects that new CEO…
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: The S & P 500 and Nasdaq Composite were clinging to slight gains Thursday afternoon, boosted in part by Google parent Alphabet’s strong earnings report…
It all comes back to tech, once again. Magnificent Seven earnings kick off in the week ahead, with Alphabet and Tesla the first of the megacaps to report this earnings season at a time when the artificial intelligence trade — along with strong quarterly results and economic data — is once again carrying the market…
By Akash Sriram (Reuters) -Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp (INTC) and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector. The company develops cameras that enable machines and devices to perceive the world in three dimensions, allowing them…
Here are some of the companies making big moves in midday trading: Monster Beverage — The energy drink manufacturer dropped nearly 3% after Rothschild & Co. downgraded shares to neutral from buy. Analyst Charlie Higgs pointed to uncertainty around aluminum tariffs, noting that “this has yet to be reflected in consensus estimates, which look too…
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 Friday’s key moments. 1. Stocks are mixed Friday, as Wall Street wraps up a strong week that has sent the S & P 500 up nearly 4%. A belief that U.S.-China trade tensions…
NEW YORK (AP) — Big Tech stocks carried major U.S. indexes higher to close out the market’s latest roller-coaster week. The S&P 500 rose 0.7% Friday, adding to its big gains over the previous three days. Spurts for Nvidia and other influential tech stocks sent the Nasdaq composite up 1.3%. The Dow Jones Industrial Average…
Check out the companies making headlines in midday trading: T-Mobile — Shares pulled back 11% after the company’s wireless subscribers for the first quarter missed Wall Street estimates. T-Mobile reported 495,000 postpaid phone additions in the first-quarter, while analysts polled by StreetAccount were looking for 504,000. Alphabet — The Google parent company gained about 2%…
My top 10 things to watch Friday, April 25 1. Alphabet reported better-than-expected first quarter growth, blew it away on Youtube and search and there seems to be no cannibalization at all. Extraordinary quarter and shares trade at just 16.6 times forward earnings. Several Wall Street firms, including JPMorgan and Goldman Sachs, raised their price…
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 Thursday as the major averages logged a third straight day of gains and what’s…