Next week kicks off a new trading month as well as the back half of 2025, and Wall Street will be watching to see if stocks keep up their recent momentum. Stocks have made a massive comeback after seeing steep declines in early April, when investor anxiety around President Donald Trump’s sweeping tariff policy put…
It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club’s portfolio. The S & P 500 jumped to an all-time high of 6,187.68 Friday, while the tech-heavy Nasdaq Composite rose to a new record of 20,311.51. Both benchmark gauges advanced around 4% from last…
My top 10 things to watch Friday, June 27 1. Has Nike reached the bottom? Last night’s earnings report was the most bullish CEO Elliott Hill has been since taking over in October. Inventories are winding down, so now they can play offense. Shares jumped more than 10% this morning. 2. The S & P…
The S & P 500 has been knocking on the door of its all-time high as trade tensions ease and the Iran-Israel conflict appears to be halted thanks to a ceasefire. Another counterintuitive driver could keep the gains going: neutral investor sentiment. Tom Essaye, founder of the Sevens Report, highlighted Thursday that investors haven’t become…
Traders work on the floor at the New York Stock Exchange on June 23, 2025. Brendan McDermid | Reuters An aggressive trade war, Middle East escalation and AI competitions overseas — None of 2025’s big curveballs managed to spoil the market’s epic comeback from the year’s lows as stocks stand within reach of a new…
The S & P 500 has shrugged off a litany of economic and geopolitical concerns to recover nearly all of its losses since February’s record high. But that doesn’t mean some of those same concerns are no longer risks to the market in the second half of the year. One big issue could come to…
Chewy ‘s entry into the clinical veterinarian market opens the pet-focused retailer to a multibillion-dollar market and can send its shares sharply higher, according to Morgan Stanley. Analyst Nathan Feather named Chewy a top pick, rating it overweight with a $50 price target, implying 15% appreciation from Tuesday’s close. More optimistically, Feather raised his bull…
Jim Cramer on CNBC called defense technology company AeroVironment the next “Palantir of hardware” on Wednesday morning, and the stock went on to soar even higher after his commentary. Shares of AeroVironment, which makes unmanned aircraft systems, were already up 6% in the premarket after the company reported strong earnings after Tuesday’s close. By the…
Bernstein thinks investors are underappreciating Coinbase’s potential. Analyst Gautam Chhugani stood by his outperform rating on the stock and hiked his price target to $510 per share from $310. Shares of Coinbase closed at $344.82 on Tuesday afternoon, meaning that Chhugani’s revised target represents upside of approximately 48%. “Coinbase is the most misunderstood company in…
My top 10 things to watch Wednesday, June 25 1. All-time high watch for Nvidia today. Shares of the AI chip giant closed yesterday at $147.90, less than $2 below its Jan. 6 record close of $149.43. I’ll discuss Nvidia and the rest of the Club’s portfolio at our Monthly Meeting at noon ET. Nvidia’s…