Markets
These low-volatility stocks have a winning record and are attractively valued
For investors who want to find safe plays amid a volatile market, there’s a whole set of large-cap names — particularly in health care — that could make for attractive investments. Stocks had a wild few trading sessions after Monday’s steep global sell-off, and closed the week up at levels that almost reversed its weekly […]
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Top Wall Street analysts are bullish on these dividend stocks
The U.S. stock market has been under pressure recently due to fears of an economic slowdown, but dividend-paying names can help smooth the ride for investors. Investors can consider the recommendations of top Wall Street analysts as they search for stocks that are backed by strong financials and the ability to pay dividends consistently. Here […]
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Tech companies want nuclear power. Some utilities are throwing up roadblocks
A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Lauren Petracca | Bloomberg | Getty Images Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from […]
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Buy the dip in tech stocks including Nvidia amid market uncertainty, Bank of America says
There’s still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. The Wall Street bank named several companies that analysts believe sell at an attractive entry point. CNBC Pro combed through Bank of America research to find top buy-rated tech stocks. Those we found included Amazon, […]
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Markets just had the most volatile week since the pandemic outbreak — What we learned
A wild week of trading on Wall Street ended with the S & P 500 back roughly where it started, but the lessons learned by whipsawed investors over those five days could determine what happens next. The S & P 500 had its worst day since 2022 on Monday, and then its best since 2022 […]
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Trump Media reports $16 million loss for quarter as revenue falls
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a […]
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A key stock underperformed the market comeback this week
Chipmaking giant Nvidia failed to move up from its losses earlier this week even as the S & P 500 broadly recovered. Nvidia shares slipped 0.2% Friday to finish the week down around 2.4%. That is underperforming not only the broad market index, which closed only 0.04% lower week to date, but it is also […]
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Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively. Siegel, chief economist at WisdomTree, caused a stir Monday when he told CNBC that Fed Chair Jerome Powell and […]
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Stocks making the biggest moves midday: Sweetgreen, Doximity, E.l.f. Beauty and more
Check out the companies making headlines in midday trading. Sweetgreen — Shares of the salad chain popped 24% after the company reported second-quarter revenue of $184.6 million, topping the $181 million consensus estimate, per LSEG. Sweetgreen also gave full-year revenue guidance of $670 million to $680 million. Analysts were expecting guidance of $674 million. Doximity […]
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