Investment strategy
Jim Cramer says the stock market is so overbought that we have to tread carefully
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. The major averages were mixed Wednesday. The blue-chip Dow was down about 200 points, but the S & P 500 was higher by roughly 0.3%. Leading the way is […]
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Bank of America earnings, Kalshi’s DC charm offensive, a United-American merger and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy Tax Day. As of last week, the average tax refund this year is more than 10% higher than the same time a year ago, according to IRS data. S&P 500 futures are little changed this morning after the […]
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Morgan Stanley tops estimates as trading revenue exceeds expectations by $1 billion
Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC Morgan Stanley reported first-quarter earnings before the opening bell Wednesday. Here’s what the company reported: Earnings: $3.43 a share, vs. $3 LSEG estimate Revenue: $20.58 billion, vs. […]
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Bank of America is set to report earnings. Here’s what to expect
Brian Moynihan, CEO of Bank of America, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Bank of America is scheduled to report first-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $1.01 a share, according to LSEG Revenue: […]
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Cramer: The market’s biggest fears ‘just didn’t happen’ – and that’s why you can’t leave the game
CNBC’s Jim Cramer said investors who fled the market during recent volatility may be grappling with a familiar realization that the worst-case scenarios driving their decisions never materialized. “What we have is a rally that appears to be based on nothing,” said the “Mad Money” host on Tuesday. “But in reality, it’s based on the […]
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Crypto exchange Kraken confirms it has confidentially filed for an IPO
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken co-CEO Arjun Sethi said Tuesday that the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC’s previous reporting on the matter. Sethi’s comments were made at the Semafor World Economy conference in Washington, D.C., […]
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Prediction markets will grow to $1 trillion by 2030, Bernstein estimates
Key Points Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts. While a regulatory battle is brewing, Bernstein thinks it’s unlikely to […]
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Jamie Dimon says Anthropic’s Mythos reveals ‘a lot more vulnerabilities’ for cyberattacks
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., right, departs the US Capitol in Washington, DC, US, on Wednesday, Feb. 25, 2026. Graeme Sloan | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Tuesday that while artificial intelligence tools could eventually help companies defend themselves from cyberattacks, they are first making […]
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David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
Key Points Greenlight Capital’s David Einhorn warned that investors may be underestimating potential downside risks. “It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter. Source
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Evercore ISI pounds table on Sandisk. Bull case sees rally to $2,600
Evercore ISI is jumping on the Sandisk bandwagon, initiating coverage of the stock with an outperform rating and $1,200 price target. That implies 26% upside from Monday’s close. However, its bull case has the stock surging to $2,600 — a 173% jump. The flash memory storage company has been on a tear this year, already […]
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