The major U.S. stock indexes closed higher for the week, with the S & P 500 and Nasdaq Composite breaking multiweek losing streaks. Earnings drove the action, despite some less-than-ideal macroeconomic reports on economic growth and inflation. Meta Platforms ‘ report gave the market a bit of a scare Wednesday night, contributing to Thursday’s declines … Read more
Wall Street analysts on Monday issued a bearish call on Club holding Honeywell International , citing its lagging stock performance and sluggish growth prospects. We’re hopeful management can get the company back on track by reshaping its massive portfolio of far-flung businesses. Deutsche Bank downgraded Honeywell to hold from a buy rating and lowered the … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets Bounce Back : Stocks rebounded … Read more
My top 10 things to watch Thursday, April 11 The government’s second inflation report of the week was cooler. One day after Wednesday’s hotter consumer price index sank stocks, the smaller-than-expected rise in the March producer price index reversed early weakness in the market to the upside. How could so many prognosticators be so wrong … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Market pullback: Stocks took a bit … Read more
Google Cloud and the German health-care company Bayer on Tuesday announced they are building an artificial intelligence-powered platform that aims to help radiologists diagnose patients and work through cases more quickly. The platform’s generative AI flags anomalies within images for radiologists to look at, and it can also pull up relevant information from that patient’s … Read more
Optimism around the transformational opportunity of generative artificial intelligence continues to grow. As Nvidia CEO Jensen Huang recently told CNBC’s Jim Cramer after unveiling a new generation of AI chips and new deals taking AI beyond the tech sector, with Johnson & Johnson and GE Healthcare, “We’re in the beginning of this AI computing ramp. … Read more
Recently, I read a terrific little book about Abraham Lincoln, called “Lincoln Reconsidered,” by Professor David Herbert Donald, and the fundamental premise behind the title was simple: If you want to go down in history as a politician who is compassionate, honest and a visionary, you have to get right with Lincoln. That’s how sainted … Read more
3D Illustration of a human liver organ. magicmine | iStock | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good morning! Millions of Americans with a common and potentially life-threatening form of liver disease will soon have access to the first-ever treatment for … Read more
The fourth quarter was pretty darn good for our stocks. Results were mostly better than expected, and many corporate leaders forecasted more of the same. For good reason: Businesses are starting to spend again, supply chain conditions continue to improve and the consumer remains resilient. Roughly 73% of companies in the S & P 500 … Read more
