BlackRock’s better-than-expected quarterly results Tuesday helped push the stock to a fresh record high. The market sees what we see: The asset manager’s pursuit of growth beyond lower-cost stock and bond funds is bearing fruit. Revenue in the third quarter rose 25% year over year to $6.51 billion, topping the $6.22 billion estimate, according to…
Wells Fargo CEO Charlie Scharf speaks during in interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 4, 2025. Brendan McDermid | Reuters My top 10 things to watch Tuesday, Oct. 14 1. Stocks looked to open lower this morning as the U.S.-China trade war…
CNBC’s Jim Cramer said Monday that Wall Street is a land divided — with three distinct markets existing under the surface that are all behaving differently. “We’ve got a speculative market, and then we’ve got a market that is keying on tech, and then we’ve got a regular market that isn’t doing anything,” Cramer said…
Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
Days before the start of earnings season, President Donald Trump ratcheted up trade tensions with China, sending the stock market reeling on Friday and scrambling the backdrop for the week ahead. The federal government shutdown is also dragging on. Here is an in-depth look at the three biggest things we’re watching over the next five…
Joby Aviation, Inc. (NYSE:JOBY) is one of the stocks Jim Cramer recently offered insights on. While discussing speculative stocks like Joby, Cramer said the cohort reminded him of the dot-com era. He said: “It’s the speculative stocks that remind me of the dot-com era, a group of companies with no earnings to speak of that…
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 selling off to close the week after President Donald Trump threatened a “massive” tariff increase on China amid a dispute over rare earth minerals….
My top 10 things to watch Friday, Oct. 10 1. The gold rally has been one of the week’s biggest market stories, and the stocks of gold miners have been flying, too. Some profit-taking was likely behind yesterday’s pullback in both bullion and the miners. Raymond James upped its price target on Newmont ($96 from…
The Club’s top 10 things to watch Oct. 9, 2025 — Today’s newsletter was written by Investing Club editors Matthew J. Belvedere and Kevin Stankiewicz. 1. Washington approved billions of dollars worth of Nvidia chip exports to the United Arab Emirates, according to Bloomberg. Meanwhile, Cantor Fitzgerald said it’s still “early innings of a multi-trillion…
My top 10 things to watch Wednesday, Oct. 8 1. Nvidia CEO Jensen Huang told Investing Club members that Oracle’s cloud business renting Nvidia chips to customers will “be wonderfully profitable” over the life of the AI system. He was responding to a media report that said Oracle was seeing thin margins on the chips…