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 Friday’s key moments. 1. U.S. stocks were mostly higher on Friday. The S & P 500 was on track for a fifth positive week in a row. The broad market index topped 5,000 … Read more
Bitcoin marched higher to end the week, with its price breaching the $48,000 level for the first time since spot bitcoin exchange-traded funds began trading. The flagship cryptocurrency was last higher by more than 4% at $47,619.00, according to Coin Metrics. Ether advanced 3% to $2,511.90. Earlier, bitcoin rose to as high as $48,207.78 for … 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. Here is Friday’s edition. We came … Read more
Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties. JPMorgan Chase, Wells Fargo and … Read more
Bitcoin marched higher to end the week, with its price breaching the $47,000 level for the first time in almost two years. On Friday the flagship cryptocurrency rose more than 3% to $47,222.63, according to Coin Metrics, a level not seen since March 2022. Ether advanced nearly 3% to $2,498.98. Bitcoin trading volume and sentiment … Read more
A picture taken from southern Israel near the border with the Gaza Strip on December 21, 2023, shows smoke billowing following Israeli bombardment in the Palestinian territory amid ongoing battles with the Palestinian Hamas militant group. Jack Guez | AFP | Getty Images Oil prices are poised to post a weekly again as hopes for … Read more
TOKYO, JAPAN – SEPTEMBER 03: Zombies perform on the red carpet for the ‘Resident Evil: Retribution’ World Premiere at Roppongi Hills on September 3, 2012 in Tokyo, Japan. Adam Pretty | Getty Images Entertainment | Getty Images Japan’s stock markets have been on a stellar run since the start of 2023, repeatedly breaching 33-year highs … Read more
The hand of Alain Kablan Porquet in dry cocoa beans, in Gagnoa, Ivory Coast, November 19 2023. The Washington Post | Getty Images Cocoa prices have surged to all-time highs this week as bad weather conditions hammer crop yields in West Africa, home to three quarters of the world’s production. Cocoa futures prices have surged … Read more
A logo outside a Societe Generale SA bank branch in Paris, France. Bloomberg | Bloomberg | Getty Images Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million) share buyback program. The French lender posted a … Read more
Wall Street liked what it saw from GE Healthcare and Eli Lilly in their earnings reports, leading to a round of well-deserved price target bumps for the Club stocks. Analysts at four equity research firms boosted their price targets for GE Healthcare since the maker of MRI machines and other medical equipment on Tuesday delivered … Read more
