My top 10 things to watch Monday, Dec. 16 1. Club name Honeywell said it is weighing a separation of its aerospace business split, exactly what activist investor Elliott wants. Would be huge for us. Another update on Honeywell’s strategic review will come alongside its fourth-quarter earnings release. Shares rose more than 3% Monday. 2….
The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. The Dow Jones Industrial Average on Friday registered its seventh consecutive down session, its longest losing streak since 2020, on its way to falling 1.8% for the week. The S & P 500…
My top 10 things to watch Friday, Nov. 22 1. Sellers were active yesterday in some of Club name Nvidia ‘s biggest customers, the hyperscalers that run a bunch of data centers. Does that continue as it dawns on people that there will be no price concessions on Nvidia’s next-gen AI chip platform Blackwell because…
CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump…
Warren Buffett isn’t hot on stocks right now, and the 94-year-old CEO’s latest moves reflect that. Berkshire Hathaway on Saturday said its cash pile swelled to a record $325.2 billion in the third quarter, up from $276.9 billion at the end of June. For context, that’s more than the market value of Nike , Goldman…
(This is CNBC Pro’s live coverage of Thursday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A pharmacy operator and an industrial stock were among the stocks being talked by analysts on Thursday. Barclays upgraded CVS to overweight from equal weight, calling for 24% upside. Meanwhile, JPMorgan…
With the start of the holiday season just more than a month away, investors should keep an eye on some consumer names that may be positioned to benefit from continued economic recovery, according to JPMorgan. Last month, the Federal Reserve slashed interest rates by a half point – the first time the central bank cut…
After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. That gloom lasts until near the close, where the market seems to say, “Oh well, maybe things aren’t that bad, at least for…
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…
Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024. Amir Cohen | Reuters LONDON — European stocks were slightly higher Wednesday as investors attempted to look beyond escalating tensions in the Middle East and await fresh employment data out of the region. The pan-European Stoxx 600 was up 0.35%…