Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps, per…
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their…
Year-end is quickly approaching, meaning one thing on Wall Street: Strategists will be racing to put out their 2026 stock market outlooks. Some shops have already indicated what they expect will happen next year. Morgan Stanley, for instance, expects the S & P 500 to reach 7,800 over the next 12 months. That’s almost 16%…
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant. The new program will allow customers to secure financing, start…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years. Alphabet shares were…
Check out the companies making headlines in premarket trading. Alphabet — The YouTube and Google owner rose more than 4% after Warren Buffett’s Berkshire Hathaway revealed it took a more than $4 billion stake in Alphabet in the third quarter. Zymeworks and Jazz Pharmaceuticals — Drugmakers Zymeworks and Jazz Pharmaceuticals reported Phase 3 trial results…
2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on…
Stifel believes that Tesla could get a bump higher as it makes progress on the robotaxi front. Analyst Stephen Gengaro, who has a buy rating on the electric vehicle maker, raised his price target to $508 per share from $483. The new forecast points to upside of 26% from Friday’s close. Gengaro pointed to updates…
Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida last month. The deal piqued interest and prompted coverage from TMZ to the Architectural Digest, with most of the focus on the celebrity buyer. But aside from the name recognition, the home’s skyrocketing price over the past five years also…
A promotion can feel like a green light to upgrade your lifestyle. But before you make any big purchases or or open new accounts, take a look at what that increased income means for your budget, your tax liability and your long-term financial goals. “One of the biggest mistakes people make after receiving a raise…
