Check out the companies making headlines before the bell. Tesla — The electric vehicle maker jumped 6% after Bloomberg News reported that President-elect Donald Trump’s transition team is planning to make a national regulatory framework for self-driving vehicles a top priority for the U.S. Transportation Department. Spirit Airlines — Shares of the struggling airline were…
Economic growth concerns now more prominent than fears about high inflation, ECB’s De Guindos says The Vice-President of the European Central Bank, Luis de Guindos, speaks during the new edition of the Vanguard Forums, at the ONCE Auditorium, on 14 March, 2024 in Barcelona, Catalonia, Spain. Europa Press News | Europa Press | Getty Images…
Traders work on the floor of the New York Stock Exchange during the opening bell on Nov. 13, 2024. Angela Weiss | AFP | Getty Images Stock futures were slightly higher on Sunday night as Wall Street awaits a major earnings week and monitors a seemingly fizzled out postelection rally. Futures tied to the Dow…
As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will declare its third…
What exactly President-elect Donald Trump’s second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The postelection rally took a pause this week, with all three major averages…
A chip and snack food display at a convenience store in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Soda titans PepsiCo and Coca-Cola dropped more than 4% and 1.3%,…
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…
Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC’s Jim Cramer said drug and junk food industries aren’t necessarily headed for ruin. “Ultimately, if RFK dons jackboots and demands that we don’t have vaccines or eat junk food, it probably won’t matter,” he said….
Investors thought they had the whole “Trump Trade” figured out, until, unfortunately, they didn’t. Stocks and other risky assets rallied strongly in the wake of Donald Trump ‘s decisive triumph in the Nov. 5 presidential election as markets bet on expansionary fiscal policy and easing regulations that would spark another leg up for Wall Street…
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…