Check out the companies making headlines in premarket trading. PVH Corp — The fashion stock soared about 16% on the back of stronger-than-expected earnings for the fourth quarter. The Calvin Klein and Tommy Hilfiger parent earned $3.27 per share, excluding items, on $2.37 billion in revenue, beating the consensus forecasts of analysts polled by LSEG…
CoreWeave was one of the most highly-anticipated initial public offerings of the year. In fact, it was the biggest U.S. tech IPO since 2021. The cloud services provider – which has navigated a challenging path to its IPO – is being viewed as a barometer of future Wall Street dealmaking and the investment banks that…
Wall Street woke up Monday to an artificial intelligence stock rout driven by the emergence of Chinese startup DeepSeek, which gained buzz over the last week for possibly building a competitive model for a fraction of the money that big U.S. companies such as Meta Platforms and Microsoft are currently spending. Early takes from the…
10 things to watch Thursday, Sept. 26 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. Wall Street is looking at a higher open Thursday, led by surging tech stocks after memory chipmaker Micron delivered a better-than-expected quarter and upside guide. Micron shares jumped 18%. China stocks rallied…
Top 10 things to watch Monday, Sept. 23 1. Stocks are looking slightly higher Monday. It’s big week of earnings with Micron , Jefferies and Club name Costco scheduled to report. On the data side, the key event is the PCE price index, the Fed’s favorite inflation gauge. The Dow , the S & P…
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 Dow and S & P 500 were lower Friday after surging to record highs Thursday in response to the Fed cutting interest rates by…