Investment strategy
These are Bank of America’s top picks for the second quarter after a tough start to 2026
As the second quarter kicks off, Bank of America believes that stocks such as Meta Platforms and Spotify are positioned to outperform. The first quarter was marked with macroeconomic uncertainty and geopolitical volatility, characterized by ramping tensions in the Middle East. The S & P 500 jumped to begin April’s trading and the second quarter, […]
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Nike is the most oversold stock on Wall Street after a wild week of trading
The Dow Jones Industrial Average declined Thursday as investors heeded President Donald Trump ‘s warning that the Iran war could last for several more weeks and as oil prices surged . Against that backdrop, certain names fell very far over the week. The market downturn put some stocks across the real estate, consumer staples, health […]
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Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business
Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief […]
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The S&P 500 is trying to end its terrible Thursday streak
The S & P 500 was fighting in midday trading to break a streak of Thursdays being negative for the broad index. Over the last nine Thursdays, the index has ended in the red. It’s the longest streak going back to the 1980s. If the benchmark declines ends the session lower, the total of 10 […]
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Blue Owl caps private credit funds redemptions at 5% after steep request levels
Blue Owl is experiencing elevated redemption requests for two of its private credit funds, according to letters to shareholders issued Thursday. The firm’s flagship OCIC fund, with about $36 billion in assets under management, received redemption requests of about 21.9% of shares outstanding during the first quarter, the firm said. Blue Owl’s smaller, tech-oriented fund, […]
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Trump’s address, SpaceX IPO, Sam’s Club membership prices and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It’s the one-year anniversary of President Donald Trump’s initial tariff unveiling, what the president dubbed “liberation day.” Stock futures are falling this morning. The three major indexes are coming off another winning day. Here are five key things investors need […]
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Franklin Templeton acquires digital assets investment firm in active crypto management push
Avishek Das | Lightrocket | Getty Images Mutual fund giant Franklin Templeton has agreed to buy a small crypto investment firm, 250 Digital, which will join its newly established unit Franklin Crypto, as the firm deepens its digital assets push. By bringing 250 in-house, Franklin Templeton hopes to be able to increase its actively managed […]
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The stock market rebound, Nike’s recovery questions, ‘Project Hail Mary’ and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s also April Fools’ Day, so be wary of those too-good-to-be-true company announcements today. Stock futures are rising this morning. The three major indexes staged a big rally yesterday, ending their tough month and quarter on a high note. Here […]
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SpaceX lines up 21 banks for mega IPO, code-named project Apex
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, Sept. 23, 2025. Joe Skipper | Reuters SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with […]
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Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger
Crypto investment firm CoinShares said it will begin trading on Nasdaq Wednesday through a merger with a special purpose acquisition company, or SPAC. The company is merging with Vine Hill Capital to form the holding company CoinShares PLC. The deal closed late Tuesday, CNBC has learned. It was first announced in September, and it values […]
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