Finance

BTIG’s Julian Emanuel believes the Reddit frenzy will play a major role in a deep market sell-off this summer. On CNBC’s “Trading Nation” on Monday, Emanuel compared the current backdrop to late January when the mania was firing on all cylinders. Weeks later, wild swings pressured the major indexes as retail investors took profits. “We all

In this article .SPX .DJI Traders on the floor of the New York Stock Exchange Source: NYSE Stock futures are flat in overnight trading Monday after the Dow and S&P 500 each started the week lower. Futures on the Dow Jones Industrial Average fell 18 points, or 0.05%. S&P 500 futures ticked 0.01% higher and

An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained steam. Shares of AMC jumped

There’s an overwhelming risk that’s concerning long-time bull Phil Orlando right now. Inflation, according to the Federated Hermes chief market strategist, could be stickier than the Federal Reserve anticipates. He warns it could spook Wall Street and put investors in the crosshairs of a turbulent summer. “Inflation levels are going to keep rising,” he told

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures are flat as the S&P 500 attempts to make a run at a record high this week amid optimism about the economy’s ongoing reopening this summer. S&P 500 futures added less than 0.1%. Dow Jones Industrial average futures gained 15 points,

A top investor expects volatility to dominate Wall Street for months. Amanda Agati, PNC Financial’s chief investment officer, lists stretched market valuations, Federal Reserve taper chatter and the end of stimulus checks as troubling forces. “You have to pick and choose your exposures very, very carefully,” Agati said on CNBC’s “Trading Nation” on Thursday. “This

May’s job gains were “solid” but not enough to change the direction of monetary policy, Cleveland Fed President Loretta Mester told CNBC. “Bottom line, I would like to see further progress than where we are right now,” Mester told CNBC’s Steve Liesman during a live “Squawk on the Street” interview Friday. The Labor Department reported

Nayib Bukele, El Salvador’s president, delivers a speech to Congress at the Legislative Assembly building in San Salvador, El Salvador, on Tuesday, June 1, 2021. Photographer: Camilo Freedman/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images MIAMI — El Salvador is looking to introduce legislation that will make it the world’s first sovereign nation

Britain’s Chancellor of the Exchequer Rishi Sunak (from left), U.S. Treasury Secretary Janet Yellen, Managing Director of the IMF Kristalina Georgieva and Canada’s Finance Minister Chrystia Freeland chatting on the first day of the Group of Seven Finance Ministers Meeting at Lancaster House in London on June 4, 2021. Stefan Rousseau | AFP | Getty

Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Musk answered a range of questions relating to SpaceX projects during his appearance at the conference. Win McNamee | Getty Images Bitcoin’s price fell Friday morning after Elon Musk posted a tweet suggesting

The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images DocuSign – Shares of the electronic signature company surged 19.7% after beating on the top and bottom lines of its quarterly earnings. DocuSign earned 44 cents per share on

The AMC Empire 25 near Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images It’s been quite the week for AMC Entertainment and other meme stocks as frenzied trading inspired by Reddit’s

U.S. stock futures were little changed in overnight trading Thursday ahead of the May jobs report. Dow Jones Industrial Average futures rose just 9 points. S&P 500 futures lost 0.01% and Nasdaq 100 futures ticked 0.03% lower. Investors have been waiting for the Labor Department’s release of May’s nonfarm payrolls report that comes out Friday

In this article AVGO DOCU CRWD AMC CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell: AMC Entertainment — AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular

In this article AMC The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped

Traders at the New York Stock Exchange, June 2, 2021. Source: NYSE U.S. stock futures were flat early Thursday morning, following a quiet day of trading on Wednesday. Futures for the Dow Jones Industrial Average were unchanged. S&P 500 and Nasdaq 100 futures both gained marginally. During the regular session, the 30-stock Dow rose just

In this article XOM A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters A third Exxon board seat has been claimed by Engine No. 1, the activist firm that’s been targeting the oil giant over its dependence on fossil fuels, the company said in a

Yieldstreet co-founders Milind Mehere (L) and Michael Weisz Source: Yieldstreet Alternative investments platform Yieldstreet — which is aiming to democratize private investing opportunities historically reserved for the top 1% — announced Wednesday a $100 million series C funding round. For the last six years, Yieldstreet has been giving its users access to a category of deals

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke Wednesday for the first time since President Joe

In this article ZM One of the ultimate stay-at-home plays is out with a second-quarter beat. Zoom Video earned $1.32 adjusted earnings per share versus the Refinitiv estimate of 99 cents. It earned $959 million in revenue compared with the $906 million estimate. Two traders think the information tech company will stay relevant as the