Famed shortseller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded more than nine times to 14 times previous peak earnings,” Chanos & Co.’s founder said. Monday on CNBC’s “Fast Money.” related investment news His latest warning comes in the midst … Read more
CNBC’s Jim Cramer said Monday that the benchmark S&P 500 could be at a critical juncture this week. “The charts, as interpreted by Mark Sebastian, suggest that we are approaching a decisive moment here. If the S&P 500 can avoid a major drop this week, it is optimistic about the future – on the other … Read more
Equity futures were calm Sunday night as investors geared up for a week of significant corporate earnings and a possible rate hike by the Federal Reserve. Futures linked to the Dow Jones Industrial Average fell 29 points, or about 0.1%. S&P 500 futures were down 0.1% and Nasdaq 100 futures were down 0.1%. Wall Street … Read more
Bank of America analysts say there are still plenty of opportunities to buy stocks as earnings reports continue to come out. The company recommends a slew of companies that investors should own ahead of the company’s quarterly results. CNBC Pro sifted through Bank of America’s recent research to find the most attractive stocks that are … Read more
CNBC’s Jim Cramer told investors on Friday to avoid stocks in the Nasdaq Composite and instead bet on names listed in the Dow Jones Industrial Average. While tech has started the new year strong, and it was insanely good today, the charts, as interpreted by Larry Williams, say you should be a little wary of … Read more
CNBC’s Jim Cramer told investors Wednesday that diversification remains key to maintaining a successful portfolio. “I can’t say that a diversified portfolio is bulletproof. But I can say that it makes it easier to stay in the game when a particularly popular group is put through the meat grinder,” he said. The Nasdaq Composite and … Read more
CNBC’s Jim Cramer reminded investors on Tuesday to pay close attention to the scope of analyst calls. “In the crazy world of Wall Street, it’s not enough to think about the company or the industry or the asset class or the macro, including the [Federal Reserve] – you also have to consider the reaction and … Read more
CNBC’s Jim Cramer said Monday that several elements could help propel stocks higher even during what could be an ugly earnings season. Tuesday kicks off a new earnings season with some of the largest tech, retail and consumer goods companies. Companies like Microsoft, IBM and Serve now come out with their quarterly financial results this … Read more
Tyler Winklevoss and Cameron Winklevoss (LR), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini is going to cut its workforce by 10%, a spokesperson told CNBC on Monday. It’s at least the third round of cuts in less than a … Read more
Traders on the NYSE, October 12, 2022. Source: NYSE Stock futures changed little on Sunday evening as investors weighed a potential slowdown or pause in the Federal Reserve’s rate hikes and looked ahead to a busy week of gains. Futures linked to the Dow Jones Industrial Average were 12 points lower, or 0.04%. S&P 500 … Read more
