Broadcom Inc
There’s a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Dominika Zarzycka | Nurphoto | Getty Images Technology stocks popular with retail investors tumbled Monday as investors took profits on their 2024 winners and dumped the more speculative names in an environment of rising interest rates. Nvidia slumped 2%. Palantir dropped 4%, while quantum computing winner Rigetti Computing plunged about 33%. Last year’s Nasdaq winner […]
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Stocks making the biggest moves premarket: Abercrombie & Fitch, Pinterest, Howard Hughes Holdings and more
Check out the companies making headlines before the bell: Quantum stocks — Quantum stocks tumbled on Monday morning, following comments from Mark Zuckerberg echoing Nvidia CEO Jensen Huang that quantum is at least a decade away from being a “useful paradigm.” Zuckerberg made the comments on a Friday episode of the “Joe Rogan Experience.” Shares […]
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Stocks making the biggest moves premarket: FuboTV, American Airlines, Nvidia, Microsoft and more
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday’s close. FuboTV – The streaming provider […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Looking for a rebound Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters U.S. stock futures ticked higher Monday after a losing week for the major averages. Trading will […]
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Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025
Traders work at the New York Stock Exchange on Dec. 31, 2024. NYSE Crypto trades jumping. Roaring Kitty boosting meme stocks. Broader market ripping on no apparent catalysts. Animal spirits are on the run at the dawn of 2025 trading. Many speculative pockets of the stock market surged in early trading Thursday, the first session […]
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CNBC Daily Open: S&P 500 soared in 2024 despite a weak fourth quarter
A view of the ball drop during Times Square New Year’s Eve 2025 Celebration on December 31, 2024 in New York City. TheStewartofNY | Filmmagic | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain
Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]
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Rate cuts are in the cards in 2025. Here’s what it means for dividend payers
Investors may not be getting as many rate cuts as they had hoped in 2025, but there are still plenty of solid tailwinds for dividend-paying stocks. The Federal Reserve last week penciled in two interest rate cuts in the new year, fewer than the four reductions policymakers predicted back in September. A falling interest rate […]
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Tech stocks ruled 2024, but hopes for a big market rotation in the new year are uncertain
We are closing out 2024 with a bit more volatility than normal, but the overall trend remains up. To everyone who stops me on the street and asks me, “Why is the stock market up so much?,” I give a fairly simple answer: It’s because the overall profits and margins remain at near record levels. If […]
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Stocks making the biggest moves midday: Broadcom, Honda, GameStop, KULR Technology and more
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 […]
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