CNBC’s Jim Cramer on Tuesday told investors why he thinks JPMorgan might be the next non-tech stock to hit $1 trillion in market cap. “JPMorgan’s got something special. It excels at so many things: lending, capital markets, trading, and perhaps most important, statesmanship, with CEO Jamie Dimon performing at a level that’s rare for any…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The market is settling itself 24 hours before the expected resumption of Fed rate cuts into a steady economy with loose financial conditions, with the key questions surrounding how dovish the Federal Open…
Washington Commanders managing partner Josh Harris (L) signs a Commanders helmet while joined by Washington D.C. Mayor Muriel Bowser (C) and NFL Commissioner Roger Goodell (R) during a news conference on construction of a new Commanders stadium in Washington, D.C., on April 28, 2025. Win McNamee | Getty Images Over the last decade, private equity…
Bill Nygren, portfolio manager at Oakmark Funds since the 1980s, said Tuesday that investors should look outside of the S & P 500 for opportunities, as it has effectively become a megacap tech fund. The longtime value investor said he is picking up hidden gems outside the dominant technology sector, prioritizing strong companies with single-digit…
Gary Bettman, NHL Commissioner, speaking on CNBC’s Squawk Box on Nov. 20th, 2024. CNBC The 2026 Winter Olympics in Milan will mark the first time in 12 years that NHL players will return to the Games, something that NHL Commissioner Gary Bettman is expecting to have a big impact on the league. “Ultimately, in terms…
Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming. David A. Grogan | CNBC The Federal Reserve meets this week with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers….
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images President Donald Trump on Tuesday extended the deadline for ByteDance to divest TikTok’s U.S. business or be banned in the U.S. after a cabinet member on Monday…
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, crypto executives, including Tom Lee, chairman of the board for BitMine Immersion Technologies, and Strategy co-founder Michael Saylor, gathered in Washington to push forward legislation looking to establish the U.S. strategic bitcoin reserve. And Mike…
Gold should be a winner if the Federal Reserve cuts interest rates tomorrow as the market expects, according to Bank of America. The Fed is poised to lower the cost of money even though inflation stayed stubbornly high at an annual rate of 2.9% in August. In the past quarter century, gold has never declined…
