The stock market had a number of winners Thursday and many of them are names that have made slower gains than the rest of the market, CNBC’s Jim Cramer said. “In this newly rejuvenated market, it’s time to reach for the laggards and play catch-up,” the “Mad Money” host said. “The names on this list
Finance
Donald J. Trump looks out after a meeting with military leadership at the Mar-a-Lago club in Palm Beach, FL Jabin Botsford | The Washington Post | Getty Images President Donald Trump’s latest financial disclosure report reveals a drop in income at his Florida luxury resort Mar-a-Lago. The report, released Thursday, is required to be filed
Ginni Rometty, CEO of IBM, speaking at the Business Roundtable CEO Innovation Summit in Washington, DC on Dec. 6th, 2018. Janhvi Bhojwani | CNBC PARIS — Solving the question of “digital trade” is just as crucial to trade talks between the United States and China as conversations around resolving tariffs on physical goods, IBM CEO
Luxury fashion items sit on display beside tablet devices at the launch of the Farfetch “Store of the Future” pop-up exhibition, at the Design Museum in London, U.K., on Wednesday, April 12, 2017. Luke MacGregor | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Cisco Systems rose more
President Donald Trump exits the presidential limousine prior to departing Washington on a campaign trip at Joint Base Andrews in Maryland, November 5, 2018. Carlos Barria | Reuters Two of President Trump’s priorities — a strong stock market and a tough China trade deal — are at odds. The conflict is frustrating Wall Street as
Barclays analysts have questioned the ability of UBS to achieve satisfactory returns, suggesting market expectations of the Swiss investment bank are too high. In a note published Monday, Barclays European banks analysts Amit Goel, Jun Yang and Krishnendra Dubey cut their price target for UBS by 6%, and suggested the bank may need a strategy
Jeffrey Gundlach Jin Lee | Bloomberg | Getty Images DoubleLine CEO Jeffrey Gundlach warned investors Tuesday that the U.S. is unequipped for recession as it becomes increasingly strapped by debt. “Any thoughtful person would be concerned,” the so-called “bond king” said in a webcast. “It’s sounding like a pretty bad cocktail of economic risk, and
Shoppers pass the Christmas lights and Coca-Cola truck in Liverpool city centre. Peter Byrne | PA Images | Getty Images Check out the companies making headlines midday Tuesday: Coca-Cola — Coca-Cola rose 2% after Morgan Stanley upgraded the company to overweight from equal weight. Morgan Stanley said it raised Coke’s valuation because the company’s current
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equity futures opened lower Monday evening as traders weighed the details of an ongoing trade war between the United States and China. As of 6:10 p.m. ET Monday, Dow Jones Industrial Average futures were down
President Donald Trump, U.S. President Donald Trump’s national security adviser John Bolton, U.S. Treasury Secretary Steven Mnuchin attend a working dinner with Chinese President Xi Jinping after the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. Kevin Lemarque | CNBC The United States kicked off the necessary process before Washington can impose tariffs
Monitors display Uber Technologies Inc. signage in front of Morgan Stanley headquarters in the Times Square area of New York, U.S., on Friday, April 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Boeing — Boeing shares dropped more than 4% after the editor of Chinese newspaper
A man walks past a bitcoin ATM in Vilnius, Lithuania. Ints Kalnins | Reuters Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. It
Even if the May pullback lingers until summer, Cresset Capital’s Jack Ablin plans to embrace it. He believes market and economic fundamentals are intact, and a U.S.-China trade deal isn’t essential to keeping the bull market alive. Ablin cites liquidity —the ability and desire to borrow, spend and invest money — as a critical driver
Check out the companies making headlines in midday trade Friday: Uber– Shares of Uber were mostly down during its first hour of trading after going public on the New York Stock Exchange on Friday. Uber opened at $42 a share, lower than the $45 it was priced at on Thursday night. Lyft– Shares of ride-sharing
Don’t underestimate the power of the “Trump put.” Analysts say the stock market has been hanging in after trade talks with China hit a rough spot because investors believe a deal is coming, and they also expect President Donald Trump to take action if the stock market looks like it is heading for a real
Panoramic Images | Getty Images Private equity has taken center stage in active investing, and that means the stock market and its investors could face more challenges — especially in a recession. The transition is already underway and according to asset manager AllianceBernstein, won’t be ending soon. In a note to clients this week, the
Bob Iger Stephen Desaulniers | CNBC This week, several large traditional media companies provided us with data points that nicely illustrate today’s confusing media world: Let’s start with Disney, which announced its quarterly earnings on May 8. This week, Sinclair acquired Disney’s 21 regional sports networks (which it got when it bought Fox) for $9.6
Important data on the consumer and manufacturing is released in the week ahead, and investors are watching to see what it says about two key parts of the economy as new tariffs go into effect on Chinese goods. The economic reports should show how the economy is faring so far in the second quarter, following
Bitcoin far outperformed major U.S. markets this week. The world’s largest cryptocurrency climbed as high as $6,426.83 on Friday, bringing its one-week gains to more than 12%. Bitcoin is now up 70% since the start of this year. Earlier this week, the cryptocurrency hit the $6,000 level for the first time since mid-November. It still
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of the Semiconductor ETF. Karen Finerman was a buyer of Anthem. Brian Kelly was a buyer of Nvidia. Guy Adami was a buyer of McKesson. Trader disclosure: Tim Seymour is long AMZN, AAPL, ACBFF, ACRGF, AMZA, ACB, APC,