Technology’s tough week may come with a silver lining: an attractive buying opportunity, according to Fundstrat. Technical strategist Mark Newton noted that tech stocks are now at prices suitable for investors to buy the dip. “It looks too early to give up on Technology,” Newton wrote Thursday night in a note to clients. “Despite the…
Check out the companies making the biggest moves in premarket trading: Opendoor Technologies – The meme stock soared 33.6% after the online real estate platform named Shopify executive Kaz Nejatian as its next CEO . Former chief executive Carrie Wheeler resigned last month under pressure from investors. Oxford Industries — The Tommy Bahama and Lilly…
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…
Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : Stocks were falling to close out the week, but the S & P 500 was still tracking for a small weekly gain. Initially,…
Wall Street will have to contend with the fallout from the latest jobs data next week, with investors keeping an eye on troubling signals in the bond market. Inflation data is also on deck. Stocks vacillated Friday, with the major averages falling during midday trading after making a move to all-time highs earlier in 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 as the Nasdaq Composite posted a record close, aided by Nvidia, and what’s on the…
My top 10 things to watch Thursday, July 10 1. Stock futures were little changed as President Donald Trump ramped up the tariffs pressure. The Pentagon, meanwhile, will become the largest shareholder in American rare earth miner MP Materials , via a $400 million investment in preferred stock. Shares surged more than 60% this morning….
My top 10 things to watch Thursday, July 3 1. Wall Street is set for a higher open after better-than-expected June job creation. The S & P 500 closed at another record high yesterday as President Donald Trump announced a Vietnam trade deal. Investors are also watching House voting on the Trump-backed megabill of spending…
Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged…