Friday’s selloff in the stock market resulted in the biggest options volume day ever and the latest sign of the retail trading crowd’s incredible support of the stock market. Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, said Friday, Oct. 10 resulted in over 108 million contracts traded, only the second…
My top 10 things to watch Thursday, Oct. 16 1. Salesforce issued better-than-expected 2030 guidance and said it will return to double-digit organic revenue growth. Very important. It was perceived to be impossible because AI was hurting its other businesses while its own AI product, Agentforce, wasn’t catching on one year later. Shares jumped more…
Investors took advantage of the market dip last week and piled into stocks, according to Bank of America Securities. Yet there was one cohort sitting out: hedge funds. The bank saw $4.1 billion in inflows to single stocks from clients, the fifth largest since 2008, it said in a note Tuesday. The move came after…
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors…
Wall Street’s banner first half in trading was based on handling tariff-induced market chaos. The third quarter showed the biggest banks can also seize on the stock market’s steady march higher. Morgan Stanley led the pack in generating $4.12 billion from trading stocks in the bank’s best third quarter for the business ever. Rivals JPMorgan…
Traders work on the floor of the New York Stock Exchange during afternoon trading on Oct. 14, 2025 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were little changed Wednesday night after strong bank earnings shifted investor focus from risks both at home and abroad as a U.S. government shutdown…
Check out the companies making the biggest moves in midday trading: F5 — Shares of the cybersecurity firm fell more than 3% after it disclosed a nation-state actor gained access to its systems. The company said the breach hasn’t hurt its operations. Progressive — The insurer’s stock tumbled about 8% after reporting disappointing results. Progressive…
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 Wednesday’s key moments. 1. The stock market is higher Wednesday as a rollout of better-than-expected earnings overshadowed investor concerns on intensifying U.S.- China trade talks. President Donald Trump ‘s latest threat to China…
A transport truck exits the Bunge facility, which is part of the company’s agricultural and food processing operations, in Hamilton, Ontario, Canada, Jan. 27, 2025. Carlos Osorio | Reuters Bunge Global jumped more than 11% on Wednesday on the back of the Trump administration’s threat to cut off U.S. purchases of Chinese cooking oil. Bunge…
My top 10 things to watch Wednesday, Oct. 15 1. Bank of America’s better-than-expected earnings report this morning showed a level of charge-offs that is incredibly low. Club name Wells Fargo yesterday also set aside less money for losses. Nobody else seems to be warning about lurking bad corporate loans. Is JPMorgan the outlier here?…