[ad_1] We’ve become prisoners of short-rate forecasts. Yeah, the ones controlled by the Federal Reserve. But those fearless investors who have broken out of this self-imposed mental jail are enjoying bountiful returns. Sure, it appears to be nothing but alchemy to the jailers and their powerful protagonists in the media. …
Read More »Tag Archives: Meta Platforms Inc
S&P 500 is little changed as early second quarter struggles continue: Live updates
[ad_1] Oil holds to gains as market monitors OPEC+ policy, geopolitical tensions Crude oil futures on Wednesday clung to recent gains as mounting geopolitical tensions and OPEC+ policy lift prices. The West Texas Intermediate contract for May delivery gained 28 cents, or 0.33%, to settle at $85.43 a barrel. The …
Read More »Wednesday’s analyst calls: UPS gets an upgrade, Meta Platforms to jump 20% ahead
[ad_1] (This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A delivery giant and a social media giant were among the biggest analyst calls on Wednesday. UPS was upgraded by Redburn Atlantic to buy. Meanwhile, …
Read More »EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
[ad_1] Executive Vice-President of the European Commission for a Europe fit for the Digital Age (Competition), Margrethe Vestager, holds a press conference on “Apple on App Store rules for music streaming providers” in Brussels, Belgium on April 30, 2021. (Photo by Dursun Aydemir/Anadolu Agency via Getty Images) Dursun Aydemir | …
Read More »Reddit power users balk at chance to participate in IPO as Wall Street debut nears
[ad_1] Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 million members and was the subject of her Ph.D. dissertation. She’s been a lurker on the forum since 2012. …
Read More »Jim Cramer: It’s not too late to buy this portfolio health-care stock after Friday’s selloff
[ad_1] 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 Monday’s key moments. U.S. stocks jumped Monday as the Nasdaq and S & P 500 attempts to recover from back-to-back weekly losses. Major gains were seen in …
Read More »Dow jumps more than 200 points, S&P 500 pops 1% for new closing high as Nvidia resurges: Live updates
[ad_1] Traders work on the floor during morning trading at the New York Stock Exchange (NYSE) on March 06, 2024 in New York City. Spencer Platt | Getty Images Stocks jumped Tuesday after fresh U.S. inflation data was about in line with expectations, clearing the way for investors to resume …
Read More »Stocks making the biggest moves midday: Spirit AeroSystems, Zscaler, Dell, Advanced Micro Devices and more
[ad_1] Check out the companies making headlines in midday trading. Spirit AeroSystems — Shares climbed more than 12% following a report that Boeing was in talks with Spirit to reacquire the fuselage supplier nearly 20 years after spinning it off into a separate company. Hewlett Packard Enterprise — The technology …
Read More »Nvidia posts record revenue up 265% on booming AI business
[ad_1] Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said …
Read More »Companies — profitable or not — make 2024 the year of cost cuts
[ad_1] Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that …
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