Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : Stocks are slightly higher on Tuesday in what’s generally been an up-and-down session. The big banks are having a strong day thanks to…
Financial stocks could be among the biggest beneficiaries of the Federal Reserve’s upcoming policy pivot, according to Lauren Goodwin, chief marketing strategist at New York Life Investments. With the Fed expected to cut rates starting next week, Goodwin says it could be a friendlier environment for banks and financial services firms as the yield curve…
The Cracker Barrel logo is seen on a billboard outside of one of its restaurants. Paul Weaver | Lightrocket | Getty Images The Old Country Store look is back. Cracker Barrel announced Tuesday it was suspending all restaurant remodels, the latest chapter in the controversy over its rebranding that reached as far as the Oval…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
A new exchange-traded fund launching Tuesday is giving investors the chance to mimic billionaire hedge fund manager Bill Ackman. The VistaShares Target 15 ACKtivist Distribution ETF (ACKY) provides a portfolio that reflects the top publicly disclosed holdings of Ackman-led Pershing Square Capital. It’s the latest ETF release from VistaShares focused on the major players in…
A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | Reuters While U.S. companies battle inflation, those in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by…
Check out the companies making the biggest moves midday: Metsera — The biotech company rose 5% after Leerink Partners initiated the stock with an outperform rating and called for the stock to double. “The company’s platform and pipeline of novel obesity peptide-based therapeutics offer key advantages relative to competing assets,” the research firm said about…
iPhone prices in focus Wall Street Journal tech columnist Joanna Stern said Apple’s launch event has to deliver for investors and consumers, but price stability will be a key point of focus. “In a world of tariffs, in this world of the economy, that’s pretty amazing for Tim Cook,” Stern told CNBC’s “Worldwide Exchange.” “So…
Smoke rises after several blasts were heard in Doha, Qatar, September 9, 2025. Ibraheem Abu Mustafa | Reuters Israel on Tuesday carried out an attack on senior Hamas officials in Qatar’s capital city of Doha. The Israel Defense Forces announced the “precise strike” in a social media post, accusing the targeted leaders of being “directly…
Pete Lomchid | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions,…
