Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments. Photo obtained from OnePay website OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday ‘s key moments. 1. The stock market rose on Monday, driven by AI leader Nvidia and other tech stocks. “There are people who are making money in every market today,” Jim Cramer…
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. Meta We expect to learn…
My top 10 things to watch Wednesday, Sept. 17 1. It’s Fed day. The central bank is widely expected to announce a quarter-point interest rate cut at 2 p.m. ET. The market gives slim odds to a jumbo half-point reduction. Much attention will be paid to the so-called dot-plot projections on where Fed members think…
Investors aren’t letting a little bad news bother them. Despite some unsettling developments, Wall Street roared to new records this week. Even with tariff-inducted inflation rising and growing signs of stress in the labor market, the focus now is on healthy corporate profits and aid on the way from Washington. Among the worst of it:…
The August jobs report could be a market-moving event, with the data impacting how investors see the economy and the outlook for Federal Reserve rate cuts. Economists polled by Dow Jones expect a 75,000 job gain. Daniel Morris, chief market strategist of BNP Paribas, doesn’t see a big market reaction unless the number is approximately…
My top 10 things to watch Tuesday, Sept. 2 1. New tariff drama was setting Wall Street up for a sharply lower open this morning. The S & P 500 finished lower Friday but higher for the fourth straight month. Embarking on the first day of trading in September, historically the worst month of the…
Retail investors, who have nailed the market comeback this year, loaded up on their artificial intelligence favorite Nvidia headed into September, along with a number of other tech names, according to JPMorgan’s data. Nvidia topped the list of top 10 single stocks with largest weekly retail order imbalance over the past week with $867 million…
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome Powell , perhaps because he…
The Club’s 10 things to watch Friday, Aug. 22 — Today’s newsletter was written by Portfolio Analyst Zev Fima and Director of Portfolio Analysis Jeff Marks. 1. It’s Fed day. Wall Street will be hyper-focused on what Fed Chair Jerome Powell has to say today during his speech at the central bank’s annual economic symposium…