Investment strategy
Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club […]
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Disney’s next CEO, Chipotle’s traffic problem, government shutdown ends and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. In addition to Disney’s Josh D’Amaro, there was another top dog announced yesterday: Penny the Doberman pinscher won best in show at the Westminster Kennel Club Dog Show. Stock futures are ticking higher this morning. The market is coming off […]
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Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries
Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker’s overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm’s $10.27 billion revenue also came in above […]
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We’ve been here before: What gold’s past bull runs — and sell-offs — tell us about where it could go next
Precious metals remained in recovery mode on Wednesday morning, with prices rising off the back of a historic sell-off. By 3:45 a.m. ET, spot gold was edging toward a rise of 3%, settling at around $5,079.4 an ounce. New York gold futures jumped 3.3% to $5,093.80. XAU= 1Y line Gold price Gold — typically viewed […]
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Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes
Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source
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Cisco has finally surpassed its dotcom bubble high. Is the reinvented stock a buy from here?
If you bought Cisco Systems on March 27, 2000, you’re finally whole. After nearly 26 years in the wilderness, shares of Cisco have climbed above their dotcom bubble intraday peak, closing a long chapter for what was once the era’s ultimate poster child for internet excess. The stock eclipsed the record close it reached last […]
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Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging
In this article RKT Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO8:4108:41 Rocket Companies CEO: On track to produce the highest mortgage loan production in 4 years Squawk Box Rocket Companies shares jumped on Tuesday after CEO Varun Krishna told CNBC the company was writing a larger amount of mortgage loans. “We’re getting ready […]
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The xAI-SpaceX merger, Palantir earnings, China’s frowning horses and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. I did my workout studio’s Hyrox-themed class yesterday, which not only left me sore but also with a better understanding of what all the hype in the fitness business is about. S&P 500 futures ticked higher this morning. The stock […]
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We just got reasons to love these 2 portfolio stocks even more
Investors have a couple of new reasons to like portfolio stocks Broadcom and Goldman Sachs . Deal king: Coterra named Goldman Sachs as a financial advisor on its $58 billion all-stock merger with fellow shale producer Devon . The deal is the largest in the energy sector since Diamondback ‘s $26 billion acquisition of Endeavor […]
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