Breaking News: Investing
Wall Street wrote off Palantir as too expensive. Retail investors can’t get enough
Sopa Images | Lightrocket | Getty Images Kyle Dijamco is a proud member of Palantir Technologies‘ fast-growing retail investor base. The Los Angeles-based marketer has bet big on the defense tech stock, even increasing his exposure after a drawdown earlier this year. The 31-year-old’s position now stands at roughly $25,000. “It’s an exciting stock to […]
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Citadel to return $5 billion in profit to investors, source says
Key Points The firm’s flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said, who asked not to be named discussing performance details. The profit being returned is not all that was generated in 2025, the person said, but rather, a way of constraining capital amid what the fund […]
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Here’s where the stock market is headed in 2026, according to Wall Street’s top strategists
Stocks are in for another double-digit gain in 2026, according to Wall Street’s top strategists. Wall Street is confident the bull market can continue for another year, albeit not as strong as this one has been, according to the 2026 CNBC Market Strategist Survey . On average, strategists expect the S & P 500 can […]
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Your CEO wants to be a social media influencer. Is it cool or cringy?
Vladimir Godnik | Fstop | Getty Images For years, Braden Wallake has posted everything from business lessons to animal pictures on his LinkedIn page. A fateful midweek post on a late-summer day stopped the marketing executive in his tracks. Wallake shared a teary-eyed selfie with a message about his feelings after laying off staff. Just […]
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Bank of America says Nvidia and these stocks are its top picks for 2026
Bank of America named a host of stocks it says are too hot to ignore as 2026 approaches. The Wall Street investment bank says companies like Nvidia are its best ideas with more room to run. Other buy-rated names screened by CNBC Pro include: UBS, Estee Lauder, Bruker and Ametek. Bruker The life sciences biotech […]
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Friday could be a wild day of trading on Wall Street. Here’s why
Key Points More than $7.1 trillion in notional options exposure is set to expire this Friday, according to Goldman. December options expirations are typically the biggest of the year, but this one eclipses all prior records. Source
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Tricolor CEO received a $6.25 million bonus weeks before company’s bankruptcy, prosecutors say
Key Points Tricolor CEO Daniel Chu directed a deputy to send him $6.25 million in bonuses in August, weeks before the company filed for bankruptcy, U.S. prosecutors alleged. Chu is accused of engaging in “systemic fraud” over roughly seven years through 2025, according to an indictment unsealed on Wednesday. Prosecutors say Chu used some of […]
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Robinhood is rolling out NFL parlay and prop bets on prediction markets platform
Key Points Robinhood announced a number of prediction markets features on Tuesday. Users are now able to trade what are essentially parlay and prop bets on NFL games and players. The company also said users will be able to combine up to 10 outcomes across NFL games in custom combos, a feature that is expected […]
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Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea
The Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images Nasdaq is moving closer to around-the-clock stock trading, a shift that some on Wall Street are calling unnecessary — and potentially destabilizing. The exchange said it plans to submit paperwork to the Securities and Exchange Commission […]
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Kevin Warsh moves ahead in Fed chief race on Kalshi after Hassett pushback
Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the U.S. Federal Reserve. Reuters Kevin Warsh has surged ahead of Kevin Hassett in prediction markets betting on who President Donald Trump will nominate as the next chair of the Federal Reserve, as doubts grow inside Trump’s orbit about Hassett’s […]
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