Breaking News: Markets
Here are 3 major moments that drove the stock market last week
A massive market snapback on Friday couldn’t erase all of the week’s damage. After several days of selling, the tech sector roared back, with the Nasdaq gaining over 2% on Friday. Chipmakers Nvidia and Broadcom led the way, with gains of 7.8% and 7.2%, respectively. The broad-based S & P 500 rose nearly 2% in […]
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South Korean crypto firm accidentally sends $44 billion in bitcoin to users
South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange. Bithumb apologized for the mistake, which took place on Friday, and said it had recovered 99.7% of the 620,000 bitcoins, worth about $44 […]
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Jim Cramer: Amazon spending looks painful but it’s not a reason to sell the stock
Jim Cramer is urging Amazon investors to remain patient and trust the cloud and e-commerce company’s massive spending strategy despite the evident risks it poses to profits. “I have total faith,” Jim said on Friday’s “Squawk on the Street.” “[Amazon CEO Andy Jassy] knows how to do this. So, I believe, and I’m not bolting.” […]
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Time for traders to fade this group of stocks that’s been on a tear, says Carter Worth
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The low-beta, long-time laggard S & P 500 Consumer Stapes Sector has come to in a big way the past 3 months, now up 15% in the period versus a 1% gain for the S & P 500 Index itself. Here and now, by […]
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Trump holds leverage over Iran thanks to low oil prices, Energy Secretary says
Low oil prices give President Donald Trump more leverage over Iran, U.S. Energy Secretary Chris Wright said Friday, speaking as the two adversaries teeter on the brink of another conflict. “The world is very well supplied with oil right now, and I think it gives President Trump more leverage in his geopolitical actions to not […]
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Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis
In this article MSTR SOL.CM= ETH.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Nastco | Getty Bitcoin tumbled toward $60,000 this week as investors reassessed its utility. And while there isn’t one clear catalyst driving the bloodbath, one thing is clear: the crypto market is in crisis. “There’s nothing going on in the marketplace that […]
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We’re upgrading shares of a big beneficiary of AI spending going through the roof
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were rebounding Friday. After a terrible week, technology was leading Friday’s market higher — even as Amazon , technically in the consumer discretionary bucket, pulls […]
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Stocks making the biggest moves midday: Amazon, Centene, Roblox and more
Check out the companies making headlines in midday trading. Centene — Shares of the health insurance provider slid 5%. Guidance for full-year revenue came in at $186.5 billion to $190.5 billion, missing the FactSet consensus call for $194.1 billion. The outlook for premium and service revenue for the year was also shy of Wall Street […]
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European stocks close higher as bumper earnings week concludes
People visit a lookout point in Greenwich Park, with the Canary Wharf financial district in the distance, during sunny weather but cold weather in London, U.K., on Jan. 2, 2026. Henry Nicholls | Afp | Getty Images European stock markets closed higher on Friday afternoon as a week full of corporate earnings reports drew to […]
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Stocks making the biggest moves premarket: Amazon, Reddit, Strategy, Molina, Strategy, Eli Lilly & more
Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina […]
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