Several software companies could be due for a pullback after the stock market’s roaring rally this week, fueled by President-elect Donald Trump’s election victory as well as robust quarterly earnings reports. Major U.S. indexes are on track for major wins this month, with the S & P 500 up roughly 5% and the 30-stock Dow…
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, 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…
U.S. Flags on the front of the New York Stock Exchange hang behind the street signs making the corner of Wall and Broad Streets in the center of the financial district on October 24, 2024 in New York City. J. David Ake | Getty Images News | Getty Images Stock futures were moving higher Tuesday…
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures edged higher in overnight trading ahead of Tuesday’s high-stakes U.S. presidential election Futures tied to the Dow Jones Industrial Average added 25 points, or 0.06%, while S&P 500 futures gained 0.1%. Nasdaq-100 futures rose 0.15%. Palantir popped 13% in overnight trading…
Warren Buffett turned heads as he dumped another big portion of his Apple stake, and here’s where his top holdings stood at the end of the third quarter. Berkshire Hathaway disclosed in its earnings report that approximately 70% of its equity portfolio was concentrated in just five stocks — Apple, Bank of America , Coca-Cola…
Traders work on the floor of the New York Stock Exchange. NYSE Nasdaq 100 futures advanced Thursday night as traders analyzed major earnings reports in the runup to the all-important jobs report. Futures tied to the tech-focused index added 0.35%. Dow Jones Industrial Average futures climbed 47 points or 0.11%. S&P 500 futures ticked up…
Check out the companies making headlines in after-hours trading: Chipotle Mexican Grill — The burrito chain reported mixed quarterly results and shares dipped 3%. Chipotle reported adjusted earnings of 27 cents per share, exceeding expectations of 25 cents a share from analysts polled by LSEG. Revenue came out at $2.79 billion for the period, just…
Sebastien Bozon | AFP | Getty Images With massive corporations including Alphabet, Meta, Apple, Microsoft and Amazon set to report earnings next week, CNBC’s Jim Cramer on Friday urged investors to keep a level head. He also said not to forget about the nonfarm payroll report next Friday, where a weak hiring result could urge…
CNBC’s Jim Cramer analyzed Tuesday’s market action and explained why some Big Tech favorites saw gains while other stocks floundered, saying investors are worried about the broad economic implications of rising bond yields. “Big tech made a big comeback today because of the bond market, not anything to do with the stocks themselves,” he said….
