My top 10 things to watch Friday, March 28 1. Wall Street was headed for a lower open, with weekly gains as of Thursday’s close in jeopardy. Tariff uncertainty is sitting on the market as the Fed’s preferred inflation gauge came in hotter than expected. 2. The core personal consumption expenditures (PCE) price index rose…
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday said it priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021. The company, which…
My top 10 things to watch Monday, March 17 1. Nvidia’s annual GTC conference will dominate this week’s news. Nvidia’s stock has had big run-up into the event for AI developers. That’s normal, as is a rally after. The AI chip king, which we own for the Club, is expected to share new details about…
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images Retail investors haven’t traded stocks this much since another mania took over Wall Street three years ago. Data compiled by JPMorgan shows that the share of small investors…
Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user numbers fell short of Wall Street’s expectations. Daily active uniques averaged 101.7 million for the fourth quarter, reflecting growth of 39% year over year but missing analysts’ call for 103.1 million, per StreetAccount. Separately, Reddit…
Traders work on the floor of the New York Stock Exchange on Feb. 4, 2025. NYSE S&P 500 futures are near flat Wednesday night as traders analyzed the latest corporate earnings reports while awaiting more inflation stats. Futures tied to the broad index ticked up 0.1%, while Nasdaq 100 futures added 0.2%. Dow Jones Industrial…
Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500 slipped by 0.2%, while the Dow Jones Industrial Average…
My top 10 things to watch Wednesday, Dec. 11 1. Wall Street is set for a higher open after the consumer price index report for November came in as expected. Headline CPI was up 0.3% month over month and 2.7% on an annual basis. Ex-food and energy, core CPI was up 3.3% on a 12-month…
My top 10 things to watch Monday, Nov. 25 1. President-elect Donald Trump’s pick for Treasury secretary, hedge fund veteran Scott Bessent, is viewed as a moderate. It’s a sign from Trump that he cares enough about the deficit and the potential destruction tariffs can cause, and that means it may be a more reasonable…
Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — The burrito chain reported mixed quarterly results and shares dipped 3%. Chipotle reported adjusted earnings of 27 cents per share, exceeding expectations of 25 cents a share from analysts polled by LSEG. Revenue came out at $2.79 billion for the period, just…