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Thursday, December 26, 2024

Tag: Markets

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

BlackRock's iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven.The firm launched the iShares Top...

Jim Cramer: Abbott stock is ‘dirt cheap’ after a surprising legal win validates our conviction

Abbott Laboratories shares jumped Friday after the Club holding picked up a surprise victory in a trial over the safety of its formula...

Chevron beats earnings expectations, returns more than $7 billion to shareholders

Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders.The company's shares were up more than 4% in...

Friday’s jobs report is expected to show the slowest pace of hiring in years

Hiring signs outside a Stewart's gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesPowerful...

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty...

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to...

Trump Media falls nearly 12% as DJT stock pinballs before presidential election

Shares of former President Donald Trump's media company fell nearly 12% Thursday in another volatile trading day leading up to the 2024 presidential...

Microsoft’s stock has worst day in two years after disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg...

Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last...

Linde falls after its guidance fails to wow the market. We’ve seen this movie before

Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a...

We’re hiking our price target on an industrial whose earnings benefit from AI data center boom

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8%...

Beaten-up Nextracker provides investors a reason to believe. But timing is key here

Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company's full-year profitability outlook and...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed...

New Starbucks CEO shares more details on his turnaround plan. We like what we heard

Returning soon to a Starbucks near you: Ceramic mugs, Sharpies on cups and the condiment bar to add your own cream and sugar....

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