Keurig Dr Pepper, CSX, Li Auto and more

Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig’s margins as commodity inflation, especially related to coffee, remains elevated. Lucid Group — […]

Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with “economic moats” could help investors shield their portfolios from increasing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain competitive advantages […]

Ares Management CEO Michael Arougheti breaks down where to find yield in a world of uncertainty

(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have all made 2022 a tough environment for investing.  A traditional portfolio of stocks and bonds is deeply in the red, leaving investors to seek diversity elsewhere.  Ares Management, however, has been a beneficiary of the current environment. With hundreds […]

Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares

Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022. CNBC Warren Buffett’s Berkshire Hathaway on Friday received regulatory approval to purchase up to 50% of oil giant Occidental Petroleum. Shares of Occidental jumped10% on the news to close at $71.29 apiece, pushing their 2022 gains to more than 145%. On […]

Investor Sarat Sethi has some stock picks to play inflation and a consumer slowdown

Investors should stick to companies that can keep generating earnings as they navigate high inflation and a consumer slowdown, according to DCLA’s Sarat Sethi. “Earnings are going to drive this market going forward,” Sethi said Monday on CNBC’s “Squawk Box.” “Not multiple expansion, not liquidity, it’s going to be where do we find earnings, and […]

Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography

Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman is taking a vocal stance against Visa, saying the credit card giant has the power to pressure Pornhub to remove child pornography from its site. “My interest comes from the fact that I have four daughters,” […]

These stocks’ momentum could go on in second half, Credit Suisse says

Credit Suisse believes the July stock market rally will continue, and has a list of names that could continue to ride the momentum from here. Stocks capped a strong month on Friday, rallying sharply off their June lows, as traders bet that markets have already priced in the likeliest recession expectations and shifted into more […]

Enphase (ENPH) earnings Q2 2022: Huge growth in Europe

Workers install solar panels on the roofs of homes under construction south of Corona, California. The California Energy Commission in May 2018 adopted new energy building standards requiring solar panels for virtually all new homes built in the state starting in 2020. MediaNews Group/Inland Valley Daily Bulletin via Getty Images | Digital First Media | […]

UBS misses second-quarter earnings expectations; CEO cites ‘uncertain times’

UBS on Tuesday missed expectations for the second quarter of 2022 as its wealth management and investment banking divisions saw falling client activity on the back of the global market downturn. The Swiss bank posted a net profit attributable to shareholders of $2.108 billion, below analyst expectations aggregated by the company of $2.403 billion. It […]

Markets face crucial summer week, with Fed, earnings and economic data

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest U.S. companies — Microsoft and Apple — […]

Snap, Meta Platforms, Mattel and more

People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell:  Snap – Shares of the Snapchat parent company plummeted more than 26% in extended trading after reporting a miss on the […]

Stock futures extend Dow rally as Netflix earnings beat estimates

U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]

Goldman Sachs, Coinbase and more

Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73 per share, compared to a consensus estimate of $6.58 a share. Goldman’s profit dropped from a year ago, however, as the pace […]

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes. Stocks were volatile in the past week. The three major indexes posted sharp gains Friday, after worries the […]

JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad

Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Christophe Morin | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one paragraph, and it’s not all good. On the one hand, Dimon said the U.S. “economy continues to grow and both the job […]

Richard Branson takes stake in Lightyear, Europe’s answer to Robinhood

The Lightyear app. Lightyear Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson. Silicon Valley’s Lightspeed Venture Partners led the deal, the company told CNBC exclusively — a rare vote of confidence for an upstart brokerage at a time when […]

Stock futures are flat with all eyes on June’s inflation report

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Stock futures were little changed in overnight trading on Tuesday as investors awaited a key inflation report that is expected to show a fresh high. Futures on the Dow Jones Industrial Average edged up 18 points. S&P 500 futures and Nasdaq 100 futures […]

Bill Ackman to wind up SPAC, return $4 billion to investors

Bill Ackman during a Bloomberg Television interview on 1 November 2017. Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. Christopher Goodney | Bloomberg | […]

S&P 500 futures edge lower ahead of kickoff to earnings season

Traders on the floor of the NYSE, June 24, 2022. Source: NYSE U.S. equities futures dipped Sunday evening as Wall Street looked ahead to big company earnings reports and key inflation data, on the heels of a strong employment report. Futures tied to the Dow Jones Industrial Average slipped by 51 points, or 0.1%. S&P […]

Kazakhstan’s Rybakina wins women’s Wimbledon title, first Slam

The Wimbledon logo amongst flowers The Championships at All England Lawn Tennis and Croquet Club on July 10, 2019 in London, England. Visionhaus | Getty Images Elena Rybakina beat Ons Jabeur 3-6, 6-2, 6-2 in the Wimbledon final on Saturday to become the first tennis player from Kazakhstan to win a Grand Slam singles championship. […]

S&P 500 futures are little changed after a late day rally and ahead of Fed minutes

Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. equities futures were flat Tuesday night after the market staged a big midday reversal, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data. Futures tied to the Dow Jones Industrial […]

One boring stock quietly hits all-time high as bear market rages

As the bear market continues to rage on, one boring stock has quietly hit an all-time high. On Tuesday, shares of General Mills reached $76.09, a new intraday high since the food company started publicly trading in 1928. Investors have been positive on the food company, which has gained more than 10% this year while […]

Recession fears flare and jobs report looms as markets head to Q3

Traders work on the floor of the New York Stock Exchange. NYSE Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it might otherwise have been. The jobs report and Wednesday’s release of minutes from the Federal […]

Broadcom, Chevron among Wall Street’s favorite dividend stocks heading into second half

As dividend stocks gained in popularity this year, CNBC Pro sought names that could continue to offer investors relative safety and higher yields in the back half of 2022. Investors have pivoted deeper into dividend payers, as greater uncertainty and rising interest rates unnerved market participants and spurred a rotation out of growth names. On […]

Fed’s Mester backs 75 basis point hike in July if conditions remain the same

Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015. Lucas Jackson | Reuters Federal Reserve Bank of Cleveland President Loretta Mester said Wednesday that if economic conditions remain the same when the U.S. central bank meets to decide […]

Credit Suisse to overhaul its risk management after Archegos and other scandals

A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite what its CEO called […]

Stock futures dip following two straight days of gains on Wall Street

Stock futures fell marginally in overnight trading Tuesday after two consecutive days of gains on Wall Street. Futures on the Dow Jones Industrial Average dipped 55 points. S&P 500 futures and Nasdaq 100 futures both declined just 0.2%. Investors shrugged off some signs of an economic slowdown ahead of a key inflation reading. The S&P […]

Stock futures are slightly higher ahead of May’s jobs report

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Stock futures rose Thursday evening as investors focus their attention on more jobs data due out Friday morning. Futures tied to the Dow Jones Industrial Average were up about 78 points. S&P 500 futures and Nasdaq 100 futures were both higher by 0.3%. […]

Stock futures are little changed as investors dwell on health of the economy

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters U.S. stock futures were flat Wednesday night as economic concerns dragged down investor sentiment. Futures tied to the Dow Jones Industrial Average edged lower by 13 points, or […]

Etsy can go up 54% from here as the online marketplace becomes a “top-of-mind” destination, JMP says

Investors should consider buying into Etsy , as the stock could see big gains going forward, according to JMP Securities. Analyst Nicholas Jones initiated coverage of Etsy with a market outperform rating, saying in a Wednesday note that the e-commerce company is attracting more repeat buyers during the pandemic. “ETSY’s platform has been one of […]

Home Privacy Policy Terms Of Use Medical Disclaimer Anti Spam Policy Contact Us Affiliate Disclosure DMCA