Goldman Sachs sees more gains ahead in the latter half of 2025. David Kostin, the firm’s chief U.S. equity strategist, raised his year-end S & P 500 price target to 6,600, representing a nearly 6% increase from the broad-market index’s latest closing level. Kostin also lifted his 3-month and 12-month price target on the S &…
My top 10 things to watch Tuesday, July 8 1. Living with contrived chaos. That’s what we are doing with trade policy like this from the White House. It’s all deliberately created. Nothing has to be done like this. If you have the market at record highs, you can get away with this. That’s what…
We’re selling 20 shares of Goldman Sachs at roughly $717. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 220 shares of GS, decreasing its weighting to about 4.35% from about 4.75%. We are scrutinizing the portfolio, reviewing every position to determine if we are being too greedy following the recent strength in the broader…
Richard Bernstein, Chief Investment Officer at Richard Bernstein Advisors, sees too much heat in the artificial intelligence trade. In a note dated 30 June, he drew a sharp line between today’s AI rush and earlier booms that went too far. “Investors seem universally focused on ‘AI’, which seems eerily similar to the ‘.com’ stocks of…
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 and what’s on the radar for the next session. Overbought or an opportunity? The relative…
Trade headlines are again weighing on the stock market, as President Donald Trump’s latest tariff salvo helped fuel a sell-off on Monday . Trump sent letters to several countries on Monday, detailing new tariff rates set to go into effect on Aug. 1. Those rates appear to generally be closer to the levels revealed on…
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: The S & P 500 was lower Monday, giving back some gains following its run to new highs last week. The market was drifting…
Wall Street’s blistering three-month rally on cooling trade tensions will be put to the test this week. It’s an exceptionally light week of economic data and earnings releases, which means every little piece of information investors do get will be magnified. Against that sparse backdrop, President Donald Trump ‘s trade policy ahead of a long-awaited…
Tech stocks helped lift the S & P 500 to a record in the first half, but Deepwater Asset Management’s Gene Munster said the artificial intelligence trade still has room to run in 2025 — and he shared a couple of his picks. The broad market index made a stunning turnaround from its April lows…
John Davi, founder and CEO of investment management company Astoria Portfolio Advisors, has one overriding piece of advice for investors heading into the second half of the year: “Re-risk your portfolio.” The stock market has made a sharp turnaround from its early April lows, when fears over tariffs and their effect on inflation and the…