Here are the biggest calls on Wall Street on Wednesday: Roth MKM initiates Iren Energy at buy Roth says the blockchain bitcoin miner is well positioned. “We launch on IREN with a Buy and $14 PT and believe it offers investors an attractive investment opportunity in the growing energy demand for digital infrastructure.” DA Davidson…
My top 10 things to watch Monday, Sept. 30 1. Wall Street is on track for slight declines Monday, the last session in what has been a strong, but volatile, third quarter and month of September. Within the Investing Club’s portfolio, our top-performers in the third quarter have all been outside tech. In the week…
It always turns out the same way: No matter what people might say, the beginning of an interest rate cycle always causes a change in command in the stock market. You must always change your mind, hold your nose, and buy what look to be some of the weakest names — the stocks that do…
The S & P 500 index dipped Friday but logged its third straight weekly gain on the back of three record closes last week. For the week, the S & P 500 rose just over 0.6%; the Dow Jones Industrial Average , which closed at another record Friday, gained almost 0.6%; the Nasdaq advanced nearly…
10 things to watch Thursday, Sept. 26 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. Wall Street is looking at a higher open Thursday, led by surging tech stocks after memory chipmaker Micron delivered a better-than-expected quarter and upside guide. Micron shares jumped 18%. China stocks rallied…
An Amazon Web Services data center in Stone Ridge, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | 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. Like…
We’re making three trims on Wednesday. We’re selling 10 shares of Meta Platforms at roughly $569.66 each. Following the trade, Jim Cramer’s Charitable Trust will own 265 shares of META, decreasing its weighting to 4.4% from 4.56%. We’re selling 45 shares of Alphabet at $162.52 each. The Trust will own 500 shares of Alphabet, decreasing…
It’s time for some of my reflections on a week in San Francisco talking to dozens of executives and workers in tech. It was a grueling trip, but a necessary one, because we are at a pivotal time when it comes to the revolution of artificial intelligence and accelerated computing. AI gets talked about a…
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which…
Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to recenter attention on the winning trades. “We’re now in this computer revolution,” Huang said at the Goldman Sachs Communacopia + Technology Conference on Wednesday, “This generative AI is not just a tool….