Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices have been investing with more caution since President Donald Trump’s tariff announcement…
Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s…
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer…
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. Despite higher…
JPMorgan is coming off the sidelines when it comes to Coinbase . The bank upgraded shares of the cryptocurrency exchange to an overweight rating from neutral. It also lifted its price target to $404 per share from $342. Coinbase stock has rallied 30% this year, but the firm said it still has an attractive valuation…
An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Saturday, Jan. 6, 2024. David Ryder | Bloomberg | Getty Images U.S. carrier Alaska Airlines said early on Friday it had restored operations following a technology outage that grounded flights across all airports and led to the cancellation of more…
If you’re looking to save some cash, you have a small window of opportunity to lock in a guaranteed, inflation-beating return before savings rates fall further. Why’s that? The Federal Reserve is meeting next week to decide if there will be another rate cut and it’s pretty much a given. After weakening jobs data, the…
Fund managers are taking a cautious stance as the fourth quarter gets underway, opting to go underweight in risk assets in favor of defensive plays with lower volatility. AI, private credit, sticky inflation — and the Fed’s ability to deal with it amid interference from U.S. President Donald Trump — are top of mind for…
Private credit investors say active portfolio management, tighter lending standards and greater risk discipline are now paramount as the sector navigates rising default rates. After J.P. Morgan CEO Jamie Dimon warned last week of “cockroaches” lurking in private markets, fears of contagion and a potential repeat of the 2008 subprime lending crisis have driven central…
Industrial conglomerate Dover reported better-than-expected third-quarter profits Thursday and gave skeptical investors plenty to like, sending the stock up more than 6%. Revenue rose 4.7% year over year to $2.08 billion, missing the consensus of $2.11 billion, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) in the three months ended Sept. 30…
