(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. ) Another clockwork bid to erase the minor index dip from yesterday , with the usual flag carriers of the AI-buildout boom doing the work while stocks closer to the here-and-now consumer remain sluggish. Put Tuesday’s wobble in semiconductor stocks…
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 Monday and what’s on the radar for Tuesday’s session. Big deal and Big Tech…
Next week’s inflation data could confirm whether or not the Federal Reserve is making the right move in cutting interest rates this fall. The personal consumption expenditures price index is widely known as the Fed’s preferred inflation measure, and next Friday economists expect the August edition will show that inflation is actually headed higher. That…
Hedge fund billionaire David Tepper thinks the verdict following the latest Federal Reserve decision is this: Don’t fight the Fed. “I don’t love the multiples, but how do I not own it?” the Appaloosa Management founder said Thursday on CNBC’s ” Squawk Box ” when talking about the stock market. “I’m not ever fighting this…
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 Wednesday and what’s on the radar for Thursday’s session. Communication services The sector soared…
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 and what’s on the radar for Friday’s session. It’s all about the data…
Nvidia’s closely watched earnings report showed weaker-than-expected sales at its data center business, though the stock’s pullback in extended trading may prove short-lived with investors still believing in the artificial intelligence trade. The chipmaker beat Wall Street’s expectations for fiscal second-quarter earnings and gave a stronger current-quarter revenue forecast than anticipated. But shares tumbled in…
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 Tuesday and what’s on the radar for Wednesday’s session. Cracker Barrel They’re bringing 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…
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 and what’s on the radar for the next session. The Nasdaq Composite The tech-heavy Nasdaq…