Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are….
Credit the index funds. They sop up the cash and distribute the money like a weighted-stock trampoline, jumping in the moment of a decline, desperate money seeking a home and finding it in the S & P 500 . It’s unseen because it comes in hidden over the transom. The Vanguard S & P 500…
Shortly after the opening bell, we will be buying 75 shares of Advanced Micro Devices at roughly $163.41. Following the trade, Jim Cramer’s Charitable Trust will own 575 shares of AMD, increasing its weighting to 2.70% from 2.35%. Now that we are no longer restricted, we are adding to our position in AMD. We’ve wanted…
CNBC’s Jim Cramer on Monday opined on the continuous success of Big Tech stocks in the market, explaining why the Magnificent Seven, as well as Netflix, continue to rally as the bull market persists. “Even if you’ve missed these rebounds in the Magnificent Seven plus Netflix, don’t, don’t sweat the program,” he said. “We know…
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. Banks drive rally: The S & P 500 is on track to close out the week at a record high and is pacing for its fifth…
Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft will allow people to buy and play video games through its Xbox app for Android starting in November, the company said on Thursday. The move is an immediate…
My top 10 things to watch Wednesday, Oct. 9 1. The S & P 500 is little changed a day after a nearly 1% bounce-back rally. Tuesday’s gains for the market were driven, in part, by a pullback in oil prices, which had been climbing on Mideast tensions. Crude was modestly lower Wednesday morning. 2….
The U.S. stock market witnessed a solid September, thanks to the Federal Reserve’s much-awaited interest rate cut. However, escalating geopolitical tensions in the Middle East could weigh on investor sentiment this month. Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term…
My top 10 things to watch Friday, Oct. 4 1. Stocks jumped after a much stronger-than-expected September jobs report. Bond yields also rose in response, with the 10-year reaching its highest levels since early August. The early stock gains, if they hold, would cut into weekly losses. The Nasdaq has been the biggest loser through…
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person. Zuckerberg’s net worth reached $206.2…