Markets
Here are Wednesday’s biggest analyst calls: Netflix, Chevron, Apple, Alibaba, Amazon & more
Here are Wednesday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note previewing Apple earnings later this month that it’s a “high quality name to buy on pullbacks.” “We expect June Q results slightly below Street and toward the lower end of guidance, with Mac & Services […]
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A top European carmaker suggests the global chip shortage is easing
Volvo Cars, one of Europe’s top car brands, says it’s past the worst of a chip supply crunch that placed a tremendous squeeze on auto production. The company’s semiconductor inventory is now “back at fully supply,” CEO Jim Rowan told CNBC’s “Squawk Box Europe” on Wednesday. “We had guided in the first quarter we were […]
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Stocks making the biggest moves premarket: Baker Hughes, Biogen, Netflix and more
Check out the companies making headlines before the bell: Baker Hughes (BKR) – The oilfield services company reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts had forecast. Revenue also fell below estimates, with Baker Hughes citing various challenges including component shortages and supply chain inflation. Baker Hughes tumbled 6% […]
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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 City, U.S., July 19, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks slip up Equities futures fell Wednesday morning after a strong close Tuesday for the major […]
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Bitcoin climbs past $23,000 as hopes of softer Fed action fuel crypto relief rally
The world’s largest cryptocurrency is down roughly 50% since the start of 2021. CFOTO | Future Publishing | Getty Images Bitcoin broke the $23,000 threshold for the first time in more than a month, as hopes of a rate hike less aggressive than feared from the Federal Reserve triggered a relief rally in cryptocurrencies. The […]
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Charts suggest Tuesday’s rally could ’just be at the beginning,’ Jim Cramer says
CNBC’s Jim Cramer told investors that Tuesday’s market recovery could be the start of a longer rally. “The charts, as interpreted by the legendary Larry Williams, suggest that Wall Street has finally thrown in the towel and some powerful seasonal patterns are finally on the side of the bulls. I wouldn’t be surprised if he’s […]
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Cramer’s lightning round: I like Deere over Mosaic
Mosaic Co: “If you want to be in that group, you should be in Deere, because that’s been able to come back regardless of the cycle of fertilizer.” Novocure Ltd: “It’s still the best thing for experimental and sad brain cancer, and I think it’s going to be the standard for a long time.” Archer-Daniels-Midland […]
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Jim Cramer says stubborn investors are taking the ‘wrong approach’ to the market
CNBC’s Jim Cramer on Tuesday warned investors not to be so set in their ways that they miss the chance to make money. “The level of negativity about stocks at this moment is the highest it’s been in years. … There’s a new class of investors who buy stocks not based on fundamentals, but based […]
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Stock futures edge higher following Dow rally, better-than-expected Netflix earnings
U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]
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Stocks making the biggest moves midday: IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 5.25% after the tech company warned of a potential $3.5 billion […]
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