The Club’s top 10 things to Thursday, Oct. 2 — Matthew J. Belvedere and Kevin Stankiewicz wrote this morning’s newsletter. 1. The S & P 500 was heading for a higher open this morning. The index reversed yesterday’s early declines on the government shutdown and weak ADP jobs concerns and closed at a record high….
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway announced Thursday it reached a deal to buy Occidental Petroleum’s petrochemical unit, OxyChem, for $9.7 billion in cash. The deal marks Berkshire’s largest since 2022, when it paid $11.6 billion for insurer Alleghany….
Very few stocks made the “100% club” in the third quarter, meaning they saw shares more than double in the span of just three months. Tuesday marked the final session of the third quarter, which saw the S & P 500 gain nearly 8%, the tech-heavy Nasdaq Composite jump more than 11% and the Dow…
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 Wednesday and what’s on the radar for Thursday’s session. No shutdown on the record…
Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle that Warren Buffett had warned about. The chair and CEO of the Omega Family Office read a quote from the “Oracle of Omaha” on CNBC’s “Money Movers” Wednesday,…
The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year. Jackal Pan | Moment | Getty Images The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact. The dollar…
My top 10 things to watch Wednesday, Oct. 1 1 . Government shutdown implications? Don’t buy on the first day, but stocks have historically been higher a week after the shutdown ends. The U.S. government shut down at midnight after the Republican-controlled Senate failed to secure a temporary spending bill. 2. Nike is coming back. The…
It was a terrific third quarter for Wall Street as the stock market hit record high after record high. The S & P 500 and Nasdaq climbed 7.8% and 11.2%, respectively, from the June 30 close to Tuesday’s close, the session before the start of the fourth quarter, which began on a sour note after…
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 Tuesday’s key moments. 1. The stock market dipped Tuesday as a government shutdown loomed. Jim Cramer, however, called it a non-event, saying, “I don’t want anyone to sweat it.” He added, “If the…
Stock Chart IconStock chart icon Arista Networks’ year-to-date stock performance. Stock Chart IconStock chart icon Applied Digital’s year-to-date stock performance. Stock Chart IconStock chart icon Resideo Technologies’ year-to-date stock performance. Stock Chart IconStock chart icon Sprouts Farmers Market’s year-to-date stock performance. Sprouts Farmers Market: “Something’s wrong with Sprouts, the stock keeps going down, I don’t…