A long-term red-dotted trendline, converging near the $17 region, also acts as a significant support zone where the stock may find a long-term bottom. As the price has recently tested the $60 region, a strong correction has emerged around the 61.8% retracement zone. Given this setup, investors can consider buying the stock within the $30…
A week removed from a brutal payroll report that triggered worry over a tapped consumer and a trapped Federal Reserve, the broad stock indexes are back at the cusp of all-time highs, market volatility has returned to year-to-date lows and some investors are calling off the August hurricane watch. The S & P 500’s 2.4%…
US President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images India’s set to face a 50% tariff after the White House announced an additional 25% levy…
Check out the companies making headlines before the bell: Berkshire Hathaway — Class B shares of Warren Buffett’s conglomerate dipped nearly 1% in premarket after Berkshire’s operating profit fell 4% year over year to $11.16 billion in the second quarter, affected by a decline in insurance underwriting. Buffett’s cash hoard of $344.1 billion remained near…
The near-term outlook suddenly looks precarious for a stock market that’s near all-time highs, even after Friday’s big sell-off. Next week, investors will continue to act on what they learned this week. On the one hand, the artificial intelligence story that’s powered the stock market rally the last several months remains intact, with Microsoft this…
My top 10 things to watch Wednesday, July 23 1. We’re headed for a higher open this morning after President Donald Trump announced a surprise trade deal with Japan for lower-than-expected tariffs of 15% on each others’ goods. He said Japan also pledged to invest $550 billion in the U.S. It could be a template…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the Nasdaq Composite posted a record close, aided by Nvidia, and what’s on the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday as the major averages logged a third straight day of gains and what’s…
United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, New Jersey, , U.S., January 27, 2025. Fabrizio Bensch | Reuters Stocks with the largest percentage reversals Wednesday Symbol Name RBICS Economy Previous close Intraday Low Current price Chg at low % chg low to curr. UAL United Airlines…
Inflation readings next week will have to show that the rosy macroeconomic outlook underpinning the bull case for stocks remains intact, in order to reassure a whipsawed market swinging between the latest earnings news and the latest tariff updates. Wall Street is in for a quieter economic calendar in the week ahead, but investors will…