Tag: Breaking News: Markets

We’re adding a new Bullpen stock, and it’s a financial Cramer has had his eye on

Jim Cramer has been considering a potential investment in BlackRock, the world's largest asset manager, and we're now adding it to our Bullpen...

U.S. crude oil on pace to eke out second weekly gain on Middle East war risk

U.S. crude oil on Friday was on pace to eke out its second weekly gain in a row as Israel prepares to retaliate...

Saudi sovereign wealth fund allocates $5.2 billion in green bonds project amid diversification push

Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia's Public Investment Fund (PIF) has allocated $5.2 billion out of...

Wholesale prices were flat in September, below expectations

A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024. Adam Jeffery | CNBCA measure of wholesale prices...

Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income

Wells Fargo reported lower earnings and revenue for the third quarter than a year ago on Friday amid a sizable decline in net...

Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’

JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street...

Tesla shares drop 5% in premarket after Cybercab robotaxi reveal fails to impress

Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla sank after the company's long-awaited robotaxi event...

10-year Treasury yield dips as investors await producer prices data

The U.S. 10-year Treasury yield edged lower on Friday as market participants awaited the release of the Producer Price Index (PPI) report.The yield...

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country,...

Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen |...

The Fed is finally cutting rates, but banks aren’t in the clear just yet

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate...