Stocks may be volatile, but income investors can at least count on some relative calm from their municipal bonds: States’ financials are looking strong – albeit some more so than others, according to research from Morgan Stanley Investment Management. The Wall Street bank recently issued a report titled “State of the States: How Do They … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin slides to the $95,000 level. Shares of trading platform Robinhood pop after reporting its 2024 Q4 earnings, revealing a surge in crypto transaction revenue. Also, Kevin Lehtiniitty of Borderless.xyz discusses U.S. regulatory developments around … Read more
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said the U.S. could cut defense spending in half, according to Reuters. The … Read more
New York City Mayor Eric Adams arrives at the federal court after being charged with bribery and illegally soliciting a campaign contribution from a foreign national, in New York City, U.S., October 2, 2024. Caitlin Ochs | Reuters The top federal prosecutor in Manhattan resigned Thursday on the heels of a directive by the Department … Read more
Outside view of the newly completed Meta’s Facebook data center in Eagle Mountain, Utah on July 18, 2024. George Frey | Afp | Getty Images Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers. The Financial Times … 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. Markets: Stocks rose Thursday, shrugging off the latest inflation and tariff headlines. Despite a hotter-than-expected January producer price index, which followed a hot consumer price index … Read more
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around. Some investors seem convinced, especially after the retail drugstore chain on … Read more
President Donald Trump’s steel and aluminum tariffs could slow data center growth by exacerbating the shortage of key components in the electric grid, according to a leading commodity analyst at Carlyle. Big Tech missed Wall Street expectations for their cloud segments last week due in part to a shortage of transformers, said Jeff Currie, chief … Read more
Things continue to look up for GE Healthcare stock this year. Shares of the medical technology company jumped roughly 9% on Thursday after delivering solid fourth-quarter results and providing prudent 2025 guidance. While the Club stock left much to be desired in 2024, these numbers boosted shares that were already bouncing off their most recent … Read more
Into the third week of January, shares of ServiceNow (NOW) appeared to be in a fairly stable and consistent uptrend phase. But after underwhelming 2025 guidance from company management last month, NOW gapped lower to short-term support. This week, we’ve observed further price deterioration as investors seem hesitant to take bullish bets on this cloud … Read more