Business
5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. All mixed up The S&P 500 and the Nasdaq were on a five-day losing streak heading into […]
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United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans-Atlantic travel, in a bet that consumers will continue to shell out for international trips, some of which they had put off for years. Next summer, United […]
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Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
In this article CCO-CA PHIA-NL INTC PEP Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO1:2501:25 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue also […]
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Major League Baseball strikes sponsorship deal with CBD maker Charlotte’s Web
A MLB logo is seen before a game between the Oakland Athletics and the Los Angeles Angels at Angel Stadium of Anaheim on May 22, 2022 in Anaheim, California. Ronald Martinez | Getty Images Major League Baseball is getting into the CBD game. The league is teaming up with Charlotte’s Web Holdings Inc., a maker […]
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Further 20% fall in U.S. stocks ‘certainly possible,’ says IMF director
A shift in investor sentiment could see a further 20% downside for U.S. stock markets, according to the International Monetary Fund’s director of monetary and capital markets. IMF research found that rising interest rates and future earnings expectations were driving down company valuations in the current market downturn, Tobias Adrian told CNBC’s Geoff Cutmore at […]
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Green hydrogen corridor aims to harness Spanish sunshine and decarbonize Europe’s industrial north
In a statement Tuesday, the Port of Rotterdam Authority’s CEO, Allard Castelein, said northwest Europe used “far more energy than it can produce in a sustainable way.” Eschcollection | Stone | Getty Images Madrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop “the first green hydrogen corridor between southern […]
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These are the Dow stocks to buy and sell as rates surge
With interest rates surging and knocking the overall stock market back to its bear market lows, investors can win by finding the stocks that gain as yields increase. Markets were choppy Tuesday after the yield on the U.S. 10-year Treasury again approached the key 4% level in overnight trading before pulling back. The 10-year Treasury […]
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Cramer’s lightning round: Service Corporation International is a good stock to own
MGM Resorts International: “I don’t really care for that group, but you know what, I think anything can bounce in that business.” Rio Tinto PLC: “I do think that it represents great assets, but if the stock’s going to reflect that in the near term, I don’t know.” PubMatic Inc: “It’s so expensive. … I […]
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Jim Cramer says investors will be ‘rewarded’ when the Fed finishes hiking interest rates
CNBC’s Jim Cramer on Tuesday told investors that good things will come to those who wait for the Federal Reserve to stop raising interest rates. “I always say there’s no give without a get. Right now, the give is that you get your portfolio all going down — the Fed’s bringing the pain,” he said. […]
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Jim Cramer goes over the best and worst Q3 performers in the S&P 500
CNBC’s Jim Cramer on Tuesday gave his take on the winning and losing stocks in the S&P 500 during the third quarter. “This is a harsh market with harsh criteria. Constellation Energy and Enphase can meet those criteria, but everything else in the winner’s circle seems capricious, and the losers? Just not enough there to […]
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