Earnings season ramps up another notch next week to start February, forcing investors to wade through a barrage of quarterly results amid ongoing policy uncertainty that promises upheaval for an already choppy stock market. The January jobs report is also due out Friday. Next week will be the busiest stretch for fourth-quarter earnings. More than…
My top 10 things to watch Tuseday, Jan. 28 1. In Jensen we fail? Really? Jensen Huang’s Nvidia bounced Tuesday after losing $600 billion in market cap in one day. The sell-off was prompted by concerns about Chinese AI startup DeepSeek getting more computing power out of throttled-back Nvidia chips. 2. Nvidia told CNBC ,…
My top 10 things to watch Friday, Jan. 24 1. Wall Street has a new industrial growth favorite: GE Aerospace . Multiple price target boosts for the engine maker following yesterday’s better-than-expected earnings report, which sent shares up 6.6% in the session. JPMorgan went to $210 a share from $190. UBS went to $235 from…
My top 10 things to watch Wednesday, Jan. 22 1. Wall Street was tracking for a higher open on strong earnings after the S & P 500 and the Dow both rose Tuesday for the fifth straight session. The Nasdaq logged back-to-back gains. We looked how President Donald Trump ‘s new initiatives will impact our…
Wall Street rediscovered its winning ways last week, thanks to some promising inflation data. Investors are now focusing on Donald Trump’s first week back in the White House and another bundle of earnings. It was no surprise to see relatively muted action last Monday and Tuesday, given markets were reeling from a hot December jobs…
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: Stocks were poised to close out the week on a strong note. Friday’s gains put the S & P 500 on track for a…
My top 10 things to watch Friday, Jan. 17 1. President Joe Biden will not force TikTok to shut down its U.S. operations on Sunday, a day before President-elect Donald Trump is sworn in, NBC News and multiple other media outlets reported, citing sources. Trump has signaled support for keeping TikTok, and its CEO is…
My top 10 things to watch Wednesday, Jan. 15 1. Stock futures soared and bond yields fell after the December consumer price index came in slightly cooler to in-line versus consensus. That comes one day after a light wholesale inflation report. 2. JPMorgan reported a better-than-expected fourth quarter with revenues of $43.74 billion vs. $41.73…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks reversed to trade sharply higher Friday. The Dow , around noon ET, jumped more than 750 points, or over 1.8%. In fact, the S & P 500 and…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…