(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 key indexes stayed out of danger by hiding behind their big brothers, the Nasdaq giants that embody both defense and aggression in this bull market. Apple ‘s jailbreak rally extended for a…
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. Markets: Stocks on Friday are finishing the week out strong. The technology sector and in particular Apple are big reasons why — more on Apple shortly…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, ether and XRP rise after President Trump signed an executive order that clears a path for alternative assets to be added into 401(k)s. Plus, Jordi Alexander, founder of Selini Capital, explains what factors are driving…
James Lovell, the commander of Apollo 13 who helped turn a failed moon mission into a triumph of on-the-fly can-do engineering, has died. He was 97. Lovell died Thursday in Lake Forest, Illinois, NASA said in a statement on Friday. “Jim’s character and steadfast courage helped our nation reach the Moon and turned a potential tragedy…
Halfpoint Images | Moment | Getty Images Consumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax credits worth up to $7,500, according to auto analysts. Legislation championed by Republicans on Capitol Hill and signed by President Donald Trump in July eliminates the tax breaks — available for new, used and…
Gold futures climbed to a record high on Friday after a report that the United States had imposed tariffs on imports of 1-kg gold bars, while spot gold stayed on track for a second straight weekly gain on tariff turmoil and U.S. interest rate-cut hopes. Srinophan69 | Moment | Getty Images Gold prices fell from…
Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which…
Goldman Sachs has long been considered the king of Wall Street dealmaking. Now, the bank is increasing its focus on another target: managing money for wealthy clients and institutions. Investment banking services, like underwriting initial public offerings (IPO) and advising mergers and acquisitions (M & A), have long been Goldman’s bread and butter. In fact,…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Cement manufacturers Martin Marietta (MLM) and Vulcan Materials (VMC) are very similar businesses, with the shares in each company having a correlation of 92%. And right now, both stocks are toying with the prospect of breaking out to new 52-week highs and all-time highs….
These are the stocks posting the largest moves in midday trading. <
