Seagen, Moderna, Utz, Kroger and more

The Kroger supermarket chain’s headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Seagen – Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen. The report, citing people familiar with … Read more

Apple, Dow, Amazon, CVS, Roblox, Netflix

Here are Friday’s biggest calls on Wall Street: Goldman Sachs upgrades Utz to buy from neutral Goldman said investors should buy the dip in shares of the snacks company. “We upgrade Utz to Buy, as we see an above average top and bottom line growth outlook given the company’s strong position in the attractive salty … Read more

Cramer’s week ahead; market needs obstacles resolved before a rally

CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful comeback, we need China to reopen, Russia to withdraw from Ukraine, and the [Federal Reserve] to curb-stomp inflation with a 100-base point … Read more

Earnings reports are causing big moves for stocks. Here’s a way to play them with options

A volatile earnings season is winding down, but there are still a few opportunities for investors to take advantage of big earnings-driven moves, according to Goldman Sachs. Retailers have seen big hits, with names like Walmart and Target experiencing some of their biggest one-day drops on record. On the other hand, shares of Toll Brothers … Read more

Dick’s Sporting Goods, Nordstrom, Wendy’s and more

Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Dick’s Sporting Goods – Shares of the sporting goods seller jumped 11%, despite the company cutting its outlook … Read more

Dick’s Sporting, Express, Wendy’s and more

Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares slid 14.4% in the premarket after it issued a weaker-than-expected outlook for the full year as it adjusts for what it calls challenging macroeconomic conditions. Dick’s reported better-than-expected profit and revenue for its latest quarter, and … Read more

Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, March 7, 2022. Andrew Kelly | Reuters If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs … Read more

The 30-year mortgage rate tops 5%. Here’s what investors should know

The average rate on the popular 30-year fixed mortgage crossed 5% last week for the first time since 2018.

Watch these stocks for signs of whether a recession is really coming

History suggests that if the bond market is correct about a recession coming, the stock market will start to send some signals as well.

Developers flood Arizona with homes even as drought intensifies

California just experienced its driest January and February ever, and the snowpack is dangerously low. As the West enters its third year of drought, water sources are drying up, and restrictions on the Colorado River are now hitting all sectors of the Western economy, inculding homebuilding. While there is a shortage of water, there is … Read more