Stocks with smaller market capitalizations are set to reap the benefits from the start of the Federal Reserve’s latest rate-cutting campaign. The U.S. central bank reduced interest rates by an oversized half-percentage point on Wednesday, pushing stocks higher. The S & P 500 ended the week with a 1.4% increase, clawing back its losses from […]
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Okta Co-Founder, Chairman, and CEO Todd McKinnon joins ‘Mad Money’ host Jim Cramer to talk competition in the cybersecurity space, quarterly results, and more. ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email RH Chairman and CEO Gary Friedman joins ‘Mad Money’ host Jim Cramer to talk quarterly results, global growth, the state of the housing market and more. Source link
Stock Chart IconStock chart icon Dominion Energy’s year-to-date stock performance. Stock Chart IconStock chart icon Dutch Bros’ year-to-date stock performance. Dutch Bros: “I like Dutch Bros, I’m glad that they slowed their expansion…” Stock Chart IconStock chart icon Super Micro Computer’s year-to-date stock performance. Stock Chart IconStock chart icon LyondellBasell’s year-to-date stock performance. Jim Cramer’s […]
CNBC’s Jim Cramer on Friday walked investors through next week’s notable Wall Street action, pointing to quarterly reports from Costco and KB Home, as well as new economic data that could inform the Federal Reserve’s next decision about interest rates. But regardless of the week’s events, Cramer said the Fed’s successful start to the easing […]
Check out the companies making headlines in midday trading: FedEx — The delivery giant plunged more than 15% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx’s customers continued to shift to cheaper, slower delivery options, which […]
Nike’s CEO is stepping down, and some on Wall Street appear to be lukewarm about the news. On Thursday after the bell, the sneaker giant announced CEO John Donahoe will be retiring Oct. 13. Elliott Hill, who worked at the company for 32 years before retiring in 2020, will take over the position the following […]
Today is triple witching expiration , the quarterly expiration of single stock and index options, and index futures. Each of the four days is traditionally one of the most actively traded sessions of the year. It’s occurring at an unusual moment: The S & P 500 is at a historic high. That, Chris Murphy at Susquehanna says, makes […]
Check out the companies making headlines before the bell: Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the shipping giant shed more than 13% […]
(This is CNBC Pro’s live coverage of Friday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) An e-commerce giant and a snack maker were among the stocks being talked about by analysts. Evercore ISI raised its price target on Amazon to $240, implying more than 25% upside […]