Stocks making the biggest moves in the afternoon: Pentair, UPS and more

Stocks making the biggest moves in the afternoon: Pentair, UPS and more

General Motors CEO Mary Barra addresses reporters as she awaits the arrival of President Joe Biden at the media day of the North American International Auto Show in Detroit, Michigan, Sept. 14, 2022. Rebecca Cook | Reuters Check out the companies making headlines in Tuesday afternoon trading. General engines — Shares of the automaker rose … Read more

Stocks make the biggest moves premarket: McDonald’s, UPS and more

Stocks make the biggest moves premarket: McDonald’s, UPS and more

Nathan Stik | Getty Images News | Getty Images Check out the companies making headlines before the bell rings. McDonald’s — Shares fell more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped profit and revenue estimates, saying customers are increasingly frequenting its restaurants. Still, McDonald’s CEO Chris Kempczinski said … Read more

Asian chip makers fall as Samsung sees worst quarterly profit in 8 years

Asian chip makers fall as Samsung sees worst quarterly profit in 8 years

Attendees wait in line under a large LED display of smart connected home products to enter the Samsung Electronics booth at the Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2023. Patrick T Fallon | AFP | Getty Images Shares of semiconductors in Asia fell as South Korean chip giant Samsung Electronics … Read more

Chinese stocks approach bull market after returning from Lunar New Year holiday

Chinese stocks approach bull market after returning from Lunar New Year holiday

Tourists walk under colorful lanterns at the Beijing Nangong Tourist Resort during the spring festival holiday on January 23, 2023 in Beijing, China. The Chinese Lunar New Year or Spring Festival falls on January 22. Vcg | Visual China Group | Getty Images China’s onshore A-shares hovered near bull market territory on Monday, the first … Read more

Investors are dangerously ignoring the impact of the bear market on earnings

Investors are dangerously ignoring the impact of the bear market on earnings

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

Charts suggest the S&P 500 is approaching a “decisive” moment, Cramer says

Charts suggest the S&P 500 is approaching a “decisive” moment, Cramer says

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

Stocks making the biggest moves in the afternoon: Carvana, AMD and more

Stocks making the biggest moves in the afternoon: Carvana, AMD and more

Check out the companies making headlines during Monday afternoon trading. Macy’s flagship store at Herald Square in New York, December 23, 2021. Scott Mill | CNBC Colgate-Palmolive — Shares rose 2.8% after Morgan Stanley upgraded the stock from an equal weight to overweight and named it the top pick in the home and personal care … Read more

Most Adani stocks continue to lose; founder loses $28 billion in month

Most Adani stocks continue to lose;  founder loses  billion in month

Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on Nov. 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, dropped out of the top five richest in the world to seventh on Bloomberg’s Billionaire Index. Indranil Mukherjee Afp | Getty Images … Read more

Equity futures are little changed ahead of a busy week of earnings, Fed meeting

Equity futures are little changed ahead of a busy week of earnings, Fed meeting

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

Charts suggest investors should bet on “workhorses” in the Dow Jones Industrial Average, says Jim Cramer

Charts suggest investors should bet on “workhorses” in the Dow Jones Industrial Average, says Jim Cramer

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