Certain stocks that show a larger than usual sensitivity to declines in short-term interest rates could take off if the Federal Reserve cuts again on Wednesday and signals more easing is ahead. If history repeats itself, names like Blackstone and AvalonBay Communities should rally into year-end. The central bank’s movement of its overnight benchmark influences…
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…
My top 10 things to watch Friday, Sept. 19 1. The iPhone 17 and iPhone Air are officially on sale today. I’m a believer that this new lineup of phones, especially the Air, is exciting enough to drive upgrades. Shares of Club name Apple could sure use that boost while the tech giant gets its…
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. Meta We expect to learn…
What Federal Reserve Chair Jerome Powell says about the path of monetary easing next week will be critical to a stock market that’s been insistent on interest rate cuts. The Fed meeting next week is a critical one. Investors are certain the central bank will have to cut rates for the first time since December…
It’s finally Home Depot’s time to shine. “[Home Depot] is about to go higher. That’s what you buy right here, right now,” Jim Cramer said on CNBC’s “Squawk on the Street” on Friday morning. Jim’s commentary came after a weak August jobs report, which sent the 10-year treasury yield sliding to its weakest levels since April…
OMAHA, Neb. (AP) — Berkshire Hathaway revealed four new investments Thursday in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders — Lennar and DR Horton — but it’s not clear if the investments are big enough to ensure that legendary investor Warren Buffett handled them. Buffett, who plans to retire as CEO…
My top 10 things to watch Friday, Aug. 15 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst. 1. DA Davidson upgraded Club name Salesforce to a hold-equivalent rating from underperform while keeping its price target of $225 a share. Activist investor Starboard increased itss stake in the company by 47%,…
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’s producers were watching in Thursday’s session and what’s on the radar for Friday. UnitedHealth Group Some big names have…
NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth time in five days. The Dow Jones…