A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hours trading. Alphabet – Shares of Alphabet jumped nearly 3% even after the company reported quarterly earnings that fell short of … Read more
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 US companies — Microsoft and Apple — … Read more
Sefa Ozel | E + | Getty Images The Senate voted to advance a slimmed-down version of its bill designed to boost US semiconductor competition with China. The bill cleared a key procedural hurdle Tuesday night in a 64-34 vote even as lawmakers worked to finish various sections of the legislation. The bill, which would … Read more
Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Disney as overweight Morgan Stanley lowered its price target on Disney to $ 125 per share from $ 170, but said the stock is “attractive” at current levels. “Down 40% YTD and below its pre Disney Plus launch share price, we see an attractive … Read more
Here are Wednesday’s biggest calls on Wall Street: Barclays initiates Penn as overweight Barclays initiated several casino and gaming companies, saying they are attractively valued. “We’re positive on diversified land-based gaming (CZR, PENN, BYD), and select companies across Lodging and Leisure, based on demand exposures and / or valuation.” Read more about this call here. … Read more
It’s a tough year to be in the stock market, given the seemingly never-ending cycle of gyrations. Inflationary pressures remain elevated and with the Federal Reserve poised to pursue a more aggressive rate hike policy, a recession could be on cards. So how should investors trade this volatility? Fund manager Freddie Lait, a long-term investor, … Read more
Demonstrators hold up signs during a protest outside the US Supreme Court, after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington , US May 3, 2022. Elizabeth Frantz | … Read more
A worker inspects a Boeing 737 MAX airliner at Renton Airport adjacent to the Boeing Renton Factory in Renton, Washington on November 10, 2020. Jason Redmond | AFP | Getty Images Check out the companies making headlines in early morning trading. Enphase Energy – Shares of the solar microinverter maker jumped more than 8% during … Read more
CNBC Pro found 10 stocks that offer investors steady cash payouts and are beating the market this year.
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year.