CNBC’s Jim Cramer explained why he thinks newly-minted IPO Klarna is a buy even after shares climbed during its first trading session. “While Klarna roared right out of the gate, the stock hasn’t gone to an insane valuation yet. I think the numbers look good, so I think it can be bought at these levels,”…
Senior woman looking on cell phone at sidewalk cafe. Yuliya Taba | E+ | 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. A leading advisory group to the wealth…
©Studio One-one | Moment Unreleased | Getty Images Depending on where you live, relying on a postmark to prove you mailed your tax return, mail-in ballot, bill payment or any other time-sensitive document by a specific date may no longer work as you expect. As the U.S. Postal Service continues implementing operational changes in an…
It didn’t take long for star cornerback Trent McDuffie and the Los Angeles Rams to come to terms on an extension agreement. Just four days after agreeing to a trade for McDuffie, the Rams and the cornerback have agreed to a four-year, $124 million extension with $100 million guaranteed, ESPN reported Sunday. The deal will…
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Recent bouts of market volatility haven’t done much to dim investor confidence, according to a new report. After a year of wild market swings followed by the S&P 500 hitting fresh highs last week, nearly two-thirds of investors expect their portfolios to perform the same or better in the coming months, according to Fidelity Investments’ “State…
SAN RAFAEL, CALIFORNIA – APRIL 11: A sign is posted in front of a Wells Fargo bank office on April 11, 2025 in San Rafael, California. Wells Fargo reported first-quarter earnings that fell short of analyst expectations with revenue of $20.15 billion compared to the expected $20.75 billion. (Photo by Justin Sullivan/Getty Images) Justin Sullivan…
Philippe Laffont, founder and portfolio manager of Coatue Management, speaks during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC Hedge fund manager Philippe Laffont sounded a stark warning about the state of the U.S. IPO market, arguing that the ecosystem for taking companies public has deteriorated significantly….
Christmas is around the corner, but Wall Street isn’t feeling the holiday spirit heading into the week ahead. The S & P 500 and Nasdaq Composite are lower for the month, marking an unusually weak stretch for stocks. December has historically been one of the stronger months for equities, with both benchmarks averaging a gain…
The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark, on Wednesday, Nov. 5, 2025. Nichlas Pollier | Bloomberg | Getty Images Shares of Novo Nordisk on Monday fell as much 11% after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to meet its main goal. The trial tested whether semaglutide — the…
