Breaking News: Markets
Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
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Bank of America names five stocks with more room to run before they report earnings
Bank of America named several stocks that are well positioned ahead of their quarterly reports. The Wall Street investment bank says companies like Meta Platforms are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Roblox, Wex, Coupang and Trip.com. Roblox The gaming company is firing on all cylinders, according […]
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What Cramer expects from 10 stocks reporting earnings next week; calls two buys
Earnings season next week goes into overdrive as more than 150 companies in the S & P 500 report their quarterly results. Most of the “Magnificent Seven” tech firms are among them. With Tesla already out and Nvidia not out until Nov. 19, that leaves Alphabet and Club names Amazon , Apple , Meta Platforms […]
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Deckers Brands stock sinks more than 12% after soft outlook raises concerns about Hoka, Ugg growth
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged more than 12% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are […]
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OpenAI’s new Sora 2 video generation app went viral. Is it a real threat to Meta?
Meta is facing new pressure from OpenAI, the juggernaut behind ChatGPT, which is now making waves in short-form video with its viral hit, Sora 2. The new app combines AI-powered video generation with a social feed that mimics TikTok and Instagram Reels. Less than five days after its Sept. 30 launch , Sora 2 racked […]
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Stocks making the biggest moves midday: Ford Motor, Alphabet, Alaska Air, Coinbase, Boston Beer and more
Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet — […]
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Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Oct. 24 1. The long-awaited September consumer inflation report, delayed because of the ongoing government shutdown, came in slightly cooler than expected at an 3% annual rate. While still above the Fed’s 2% target rate, the stock market liked the number. Meanwhile, President Donald Trump said he has […]
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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown. The consumer price index showed a 0.3% increase on the month, putting the annual […]
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Stocks making the biggest moves premarket: Intel, Ford, Deckers, P&G, Comfort Systems & more
Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s […]
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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the […]
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