Shares of Meta Platforms are suffering in Monday’s big sell-off, and they are worth snapping up, according to G Squared Private Wealth’s Victoria Greene. The information technology sector of the S & P 500 suffered keenly as the stock market swooned amid investors’ heightening fears of a recession. The tech-heavy Nasdaq Composite slid roughly 4%…
The market’s message and intentions are always worth debating — especially so during an intense pullback, with cacophonous policy headlines and piqued investor emotions animating the action day to day. Here’s an assessment of the weight of the evidence, after another rough week — but one that ended in a perky, if apprehensive, rally off…
The bulls on Wall Street emerged victorious Friday but not for the week. Investors shook off a midday, end-of-the-week sell-off on geopolitical concerns sparked by President Donald Trump’s Oval Office spat with Ukraine President Volodymyr Zelenskyy . Still, the advance Friday was not enough for the S & P 500 and Nasdaq to overcome weekly…
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: Wall Street is attempting to rebound Friday, but policy uncertainty in Washington continued to get in the way. A midday pullback in stocks occurred…
The Club’s 10 things to watch Friday, Feb. 28 1. Stock futures rose after the Federal Reserve’s favorite measure of inflation rose in line with expectations. The personal consumption expenditures index for January increased 0.3% month over month and 2.5% year over year. It’s a decent number, but you’re going to need at least a…
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta AI will soon become one of the social media company’s standalone apps, joining Facebook, Instagram and WhatsApp, CNBC has learned. The company intends to debut…
Investors are selling Nvidia shares Thursday, sending the stock down more than 3% after the artificial intelligence giant’s better-than-expected quarterly results the prior evening. What, exactly, is causing the selling? It could be the guidance for its current fiscal 2026 first quarter. While strong, it wasn’t as strong as investors got used to in recent…
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an…
People love to talk about the straw that broke the camel’s back. I think an anvil broke the bull market’s back last week. A straw would never have done it because, until last week, I didn’t see a lot on the back of a bull that would cause a straw to do the job. But…
Wall Street finished last week with big back-to-back declines, moving the S & P 500 away from Wednesday’s record-high close. Chip giant Nvidia had a rough week ahead of this week’s earnings. The S & P 500 flipped negative for all of last week, down 1.7%, after Friday trading extended the weakness of the prior session….