Divided Federal Reserve officials at their January meeting indicated that further interest rate cuts should be paused for now but could resume later in the year only if inflation cooperates. While the decision to hold the central bank’s benchmark rate steady mostly was met with approval, the path ahead appeared less certain, with members conflicted…
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming…
When we hear about consumer discretionary, we typically think of the biggest names — Amazon and Tesla , which of course dominate the State Street Cons Disc Sel Sect SPDR Income ETF (XLY) and account for nearly 40% of the sector. But overall, it has more than 70 components, some of which have been doing…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks moved higher on Wednesday, driven by Big Tech. Shares of Nvidia climbed 2% after the company announced a multiyear partnership with Meta under which the Facebook parent will…
Amazon (AMZN) has entered 2026 with its core fundamentals strengthening even as the stock has undergone a sharp technical reset. After leading the artificial intelligence infrastructure buildout through 2025, AMZN has recently pulled back toward major support levels amid broader growth-stock volatility. This correction has pushed AMZN into oversold conditions, creating a favorable setup for…
White House economic advisor Kevin Hassett said Wednesday that the authors of a recent New York Federal Reserve paper that found U.S. companies and consumers are shouldering most of the tariff burden should be “disciplined.” In a CNBC interview, the National Economic Council director ripped the report, saying that central bank researchers ignored key aspects…
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock…
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company’s AI chips, including standalone central processing units, for its data center build-out. The New York Times Company — The stock rose 3% after Warren Buffett’s Berkshire…
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026….
Compass Point is adopting a bullish stance on Nebius Group . The firm initiated the artificial intelligence infrastructure stock with a buy rating and price target of $150, implying upside of 54%. Nebius’ advantage comes from the company’s position in scaling in the scarcest part of the software stack — powered data center capacity —…
