Check out the companies making headlines in extended trading: Rivian — The electric vehicle maker added nearly 2% despite missing on both top and bottom lines in the third quarter. Rivian posted an adjusted loss of 99 cents per share on $874 million in revenue. Analysts polled by LSEG had forecast a loss of 92…
Wondering what stocks might do well the rest of this year as America awaits Donald Trump take office for a second time in January? A look at what happened the first time around offers some clues. CNBC found the best performing S & P 500 stocks between Nov. 7, 2016 — the day before that…
Japan is one stock market outside the U.S. that could win now that Donald Trump is headed back to the White House. A number of U.S.-listed funds tracking international markets slid Wednesday, as investors deliberated the impact of the president-elect’s proposed tariffs on global trade. Trump has previously proposed tariffs of up to 20% on…
Evercore ISI sees President-elect Donald Trump’s White House win as a reason for stocks to move higher. The firm said it sees the S & P 500 soaring to 6,600 by the end of June 2025. That implies upside of 11.3% from Wednesday’s record close. It is also well above Evercore’s year-end 2024 target of…
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. “The Chinese side is willing,…
Expectations fall towards a January rate cut With Treasury yields rising on the back of a Trump election victory, expectations have fallen as to how aggressive the Federal Reserve will be in cutting interest rates this winter. The fed funds rate, which determines what banks charge each other for overnight lending, currently ranges between a…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Donald Trump’s 2024 presidential win has raised the bar for China’s fiscal stimulus plans, expected Friday. On the campaign trial, Trump threatened to impose additional…
CNBC’s Jim Cramer reviewed Wednesday’s market action, saying the session was shaped by traders who were relieved that the election was over and were getting ready for President-elect Donald Trump’s administration. “Let’s understand that many people thought we’d have a contested election, which would cause tremendous uncertainty,” he said. “The fact that we already know…
A trader wearing a Trump hat works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Bloomberg | Bloomberg | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up…
With President-elect Donald Trump returning to the White House for a second term , there will be sweeping policy changes that could impact certain areas of the stock market, BTIG said in a note Wednesday. “As is often the case following elections, the market will now begin the process of attempting to separate rhetoric from…