Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared … Read more
Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. jim watson | AFP | Getty Images Tesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed. Musk owns 73,486,938 shares of Twitter, … Read more
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are … Read more
Indonesia’s stocks are among the top picks of JPMorgan Asset Management and Goldman Sachs for 2022. In this photo from April 2019, the statue of a bull is standing at the lobby of the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Dimas Ardian | Bloomberg via Getty Images Geopolitical tensions around the world have been … Read more
CNBC’s Jim Cramer on Friday offered three stock picks for investors who dream of owning a professional sports team but can’t afford to pay up billions of dollars. “Owning the common stock won’t let you weigh in on the trades or attend the owners’ meetings, go through the draft — you’re very much along for … Read more
CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many … Read more
CNBC’s Jim Cramer on Thursday broke down why Alto Ingredients is a risky buy while Gladstone Land is a complete miss. “You have my blessing to swing at Alto Ingredients for speculation, but Gladstone Land is coming in way too hot,” the “Mad Money” host said. Alto Ingredients stock fell 0.15% on Thursday to $6.82, … Read more
Traders work, as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen at the New York Stock Exchange (NYSE) in New York City, March 16, 2022. Brendan McDermid | Reuters All eyes are on the yield curve between the two-year and the 10-year Treasurys, but investors are paying close attention to the … Read more
Stock futures were slightly higher in overnight trading Wednesday ahead of the last trading day of the month and quarter. Futures on the Dow Jones Industrial Average was near flat. S&P 500 futures ticked up 0.1% and Nasdaq 100 futures added 0.3%. Stocks are coming off a down session Wednesday in which the Dow and … Read more
Vlad Tenev and Baiju Bhatt react to the first trade on Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action against online brokerage Robinhood by declaring the state’s new fiduciary … Read more