Investors aren’t letting a little bad news bother them. Despite some unsettling developments, Wall Street roared to new records this week. Even with tariff-inducted inflation rising and growing signs of stress in the labor market, the focus now is on healthy corporate profits and aid on the way from Washington. Among the worst of it:…
Check out the companies making the biggest moves in midday trading: Six Flags Entertainment — The theme park operator jumped 7% after the company reported increased attendance and strong interest in its 2026 season-pass program. Tesla — Shares of the electric vehicle company rose 6%, extending recent gains. Tesla is up nearly 12% over the…
My top 10 things to watch Friday, Sept. 12 1. Markets were relatively muted on Friday. But it has been a strong week, with the S & P 500 hitting new highs in response to economic data that suggests the Federal Reserve will need to be more aggressive with interest rate cuts over the next…
Safra A. Catz, CEO of Oracle, on Oct. 7, 2024. Marco Bello | Reuters Oracle shares closed down 6% on Thursday, a day after the stock closed at a record high, following an analyst note expressing concern that most of the company’s upcoming growth is coming from a single client: OpenAI. The software vendor has…
My top 10 things to watch Thursday, Sept. 11 1. Wall Street was heading for a higher open today, which would add to yesterday’s record-high close for the S & P 500. This morning’s inflation and jobless claims data didn’t change the near lock on a 25-basis-point Federal Reserve interest rate cut at next week’s…
MANILA, Philippines (AP) — World shares were mostly higher Thursday, buoyed by gains of tech-related stocks after Wall Street inched to more records following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom. In early European trading, Germany’s DAX was nearly flat at 23,631.29….
CNBC’s Jim Cramer was just astounded by the 40% surge in Oracle stock to all-time highs on Wednesday, calling it life-changing for the individual investors who owned a lot of shares. “I have been saying [for decades] you can get rich in individual stocks,” Cramer told members of the CNBC Investing Club. He pointed to…
My top 10 things to watch Wednesday, Sept. 10 1. The S & P 500 and Nasdaq were set for strong opens this morning, boosted by Oracle ‘s blockbuster earnings report and a much cooler-than-expected wholesale inflation report. The S & P 500 and Nasdaq were coming off record highs in yesterday’s session. 2. The…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters With the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend. The Morningstar PitchBook US Modern Market…
Oracle Corp. shares surged to a record after the company gave an aggressive outlook for its cloud business, stunning Wall Street and galvanizing hopes that the post-ChatGPT global AI infrastructure build-out is accelerating. The company is on track to add about $200 billion to its market value if the stock’s 30% premarket gain holds through…