Advanced Micro Devices Inc
Cramer says Wednesday’s relief rally won’t vanquish the bears, expects Fed skeptics to remain
CNBC’s Jim Cramer said Wednesday he’s still “drawn to owning stocks,” even as the Federal Reserve aggressively raises interest rates in such a way that some skeptics believe will send the U.S. economy into a recession. “They probably sold into the rally today. They will sell again tomorrow because this is who they are,” the […]
Read More
Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to attract more drivers, […]
Read More
Stocks making the biggest moves premarket: Uber, Brinker, Generac and more
Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries also continued to grow. Brinker International (EAT) – The parent of Chili’s and other restaurant […]
Read More
Stocks making the biggest moves after hours: Airbnb, Lyft, Starbucks and more
Check out the companies making headlines after the bell: Lyft — The ridesharing stock plummeted 23% in extended trading despite reporting a beat on revenue and an unexpected profit in the recent quarter. Lyft shared guidance for the second quarter that fell below analysts’ estimates as it said it will need to continue to invest […]
Read More
AMD sales jump 71%, shrugging off concerns about PC slowdown
Lisa Su, CEO, AMD Scott Mlyn | CNBC AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue, sending the stock up over 3% in extended trading. Here’s how the chipmaker did versus Refinitiv consensus estimates in the quarter ending March: EPS: $1.13, adjusted, versus $0.91 expected, up 117% […]
Read More
Stock futures are lower after big market reversal to start May
U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jones Industrial Average futures fell 59 points, or 0.2%. S&P 500 and Nasdaq 100 futures dipped 0.2% and 0.3%, respectively. Earlier in the day, the major averages posted a wild up-and-down session with the Nasdaq […]
Read More
Cramer’s week ahead: Jam-packed earnings season continues, be ready for market bounce
CNBC’s Jim Cramer said Friday that he expects a rough start to next week on the heels of a dismal end to April in the stock market. “I’m hoping that next week should be better. I’ve got to tell you, I don’t expect a good day Monday. When you have a really horrible day like […]
Read More
Stocks making the biggest moves midday: Twitter, AMD, Deere, Verizon and more
The Twitter logo is displayed on a smartphone screen on April 14, 2021. NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares of the social media company rose 4% on news that it may want to finalize a takeover deal with Tesla founder Elon Musk ahead […]
Read More
As market slides, does the Federal Reserve want or need stocks much lower?
Driving down the market is not a direct goal of the Fed, yet declining stocks fit with the broader project of raising the cost of capital across the economy. Source
Read More
Energy stocks lead the market, these names are outperforming as tech swoons
Energy is far and away the top-performing S&P group this year amid a surge in oil and gas prices. Source
Read More