Here are the most important news items that investors need to start their trading day: 1. Stallmart Investors hope to end a lackluster week on a high note. Stocks dropped on Thursday, as the S&P 500 dipped 0.4%, the Nasdaq Composite lost 0.5% and the Dow Jones Industrial Average slid 1%. Walmart‘s stock fell more…
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: Stocks were sharply lower Friday, putting the S & P 500 on track for a decline of more than 1.5%. Growing concerns about the health…
My top 10 things to watch Friday, Feb. 21 1. Texas Roadhouse , our newest Club stock, delivered a strong quarter , though there’s some weather-related noise around its current-quarter traffic. It also warned of beef inflation because of tighter projected cattle sizes later this year. Layer in the egg situation, and the agriculture complex…
Omar Marques | Lightrocket | Getty Images Investors continued to dump Palantir shares on Thursday, escalating concerns that the latest hot pick among retail traders could be fizzling out. Shares of the mysterious technology and defense stock retreated close to 5% on Thursday, regaining some ground into session close. Still, that builds on Wednesday’s slide…
Palantir ‘s high valuation leaves little rescue opportunities amid the ongoing sell-off , according to Ritholtz Wealth Management CEO Josh Brown. “It’s not like the value guys are waiting and saying, ‘OK, here is where we pounce,’” Brown said Thursday on CNBC’s “Halftime Report.” “It’s kind of in a no-man’s land — it’s either momentum,…
Snowflake is set to continue its recent outperformance as demand accelerates and artificial intelligence projects come to life this year, according to BTIG. Analyst Gray Powell upgraded the cloud-based data storage company to buy from neutral and set a price target of $220 per share, which implies 17.9% potential upside. “After two-plus years of dealing…
My top 10 things to watch Thursday, Feb. 20 1. Wall Street was heading for a lower open Thursday after the S & P 500 closed at another record. Following Wednesday’s strength, the Dow and Nasdaq finished less 1% off their all-time highs. It is Monthly Meeting Day for the Club. Kicking off at noon…
Here are five key things investors need to know to start the trading day: 1. New heights The S&P 500 rose 0.24% Tuesday to close at a new record high of 6,129.58. The index also notched a new intraday all-time high, climbing to 6,129.63 when the stock rally picked up its pace just before the…
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images Retail investors haven’t traded stocks this much since another mania took over Wall Street three years ago. Data compiled by JPMorgan shows that the share of small investors…
My top 10 things to watch Wednesday, Feb. 19 1. Wall Street was headed for a mixed open, the morning after the S & P 500 closed at a record high. The Dow and Nasdaq each finished higher Tuesday, inching towards their own record highs. 2. In an almost daily barrage of trade headlines, President…