Jim Cramer says he’s not buying the negativity on Disney — here’s why he is sticking around

Jim Cramer says he’s not buying the negativity on Disney — here’s why he is sticking around

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 Tuesday’s key moments. 1. Stocks are lower to start October following a strong month of gains in historically weak September. The Nasdaq fell about 1.5%, while the S & P 500 lost nearly … Read more

Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him

Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him

Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years leading the brokerage firm, the company announced Tuesday. Bettinger will be replaced on Jan. 1, 2025, by Charles Schwab President Rick Wurster. Bettinger will remain as the co-chair of Schwab’s board. Stock Chart IconStock chart icon Charles … Read more

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency … Read more

What is the EU’s Digital Operational Resilience Act? DORA, explained

What is the EU’s Digital Operational Resilience Act? DORA, explained

Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure … Read more

No 24-hour trading Monday due to issue at third-party venue

No 24-hour trading Monday due to issue at third-party venue

Spencer Platt | Getty Images Brokerage firm Robinhood announced on Monday evening that it would not offer overnight trading due to an issue with its execution venue. The company said in a post on social media site X that Blue Ocean ATS, the third-party firm that Robinhood works with for round-the-clock trading, has suspended its … Read more

Charles Schwab says it has a technical issue during stock market sell-off

Charles Schwab says it has a technical issue during stock market sell-off

Pedestrians walk by a sign posted outside of a Charles Schwab office on April 17, 2023 in San Francisco, California. Justin Sullivan | Getty Images Brokerage firms including Charles Schwab appear to be having technical issues on Monday in the middle of a steep sell-off for global equities. “Due to a technical issue, some clients … Read more

Jim Cramer’s top 10 things to watch in the stock market Tuesday

Jim Cramer’s top 10 things to watch in the stock market Tuesday

My top 10 things to watch Tuesday, July 23 1. Several key earnings reports before the bell: General Motors posted big numbers , beating Wall Street’s expectations for the second quarter, and raised its financial targets for the rest of the year. United Parcel Service missed profit and sales estimates and lowered its guidance . … Read more

Charles Schwab CEO defends business as shares tank after earnings

Charles Schwab CEO defends business as shares tank after earnings

In a Thursday interview with CNBC’s Jim Cramer, Charles Schwab CEO Walt Bettinger pushed back against negative sentiment on Wall Street about his company, which saw shares plummet this week after certain metrics in its banking business fell short of expectations during the recent quarter. Cramer asked Bettinger whether his company still had an issue … Read more

Why Gen Z is investing earlier than millennials did

Why Gen Z is investing earlier than millennials did

Eternity In An Instant | Stone | Getty Images The financial benefit of starting to invest early The time element is crucial for investing. A teenager opening a retirement savings account could end up with hundreds of thousands more dollars compared to someone who began saving in their 20s. For example, say you put aside … Read more

World Economic Forum, Davos founder Klaus Schwab to step back from executive role

World Economic Forum, Davos founder Klaus Schwab to step back from executive role

Klaus Schwab speaks at the Greentech Festival at Kraftwerk Mitte in Berlin, Germany, Sept. 16, 2020. Getty Images | Getty Images Entertainment | Getty Images The World Economic Forum confirmed Tuesday that founder Klaus Schwab is moving away from the day-to-day management of the organization after more than 50 years at the helm. The forum said that … Read more