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    London (CNN Business)Investors are anxious, tired and gloomy as they digest the worst start to the year since 1970 and try to chart a path forward. But you wouldn't know it from watching major stock indexes.What's happening: The S&P 500 rallied more than 9% in July, its best month since November 2020. The hope, among investors, was that the Federal Reserve could start to mellow out, reducing the risk that the central bank's aggressive interest rate hikes could tip America's economy into a recession this year or next.But real excitement about the pop is difficult to come by. Many traders are reading the gains as a "bear market rally," or a short-lived rise within a broader downturn. "We think the market might have been too complacent too soon in fading recession risks," strategists at Goldman Sachs told clients this week. "We think markets will be vulnerable to hawkish surprises."If stocks do start posting consistent losses again, it could be painful. That's because many investors have kept their money in the market despite recent volatility.Read More"We haven't seen broad-based outflows," Karim...
    Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, July 27, 2022.Brendan Mcdermid | Reuters Stock futures slipped in overnight trading in the wake of another 0.75 percentage point hike from the Federal Reserve as it attempts to quell rapid inflation. Futures tied to the Dow Jones Industrial Average slipped 20 points, or 0.06%. S&P 500 futures lost 0.13% and Nasdaq 100 futures dropped 0.36%. Shares of Meta Platforms dipped 3% in extended trading on the back of disappointing quarterly results while Ford gained more than 5% after a beat on the top and bottom lines, and as it raised its dividend. Teladoc's stock cratered more than 22% after taking another large goodwill charge. The after-hours moves came after markets saw a broad-based rally during regular trading on Wednesday as the central bank hiked rates by another 75 basis points and investors continued to bet on whether the Fed can halt surging prices without...
    Traders on the floor of the NYSE, July 19, 2022.Source: NYSE Stock futures dipped on Wednesday evening as investors hoped to build on a strong start to the week amid a flurry of corporate earnings. Futures tied to the Dow Jones Industrial Average shed 45 points, or about 0.1%. S&P 500 futures ticked down 0.2%, while Nasdaq 100 futures slipped 0.2%. The move in futures comes as Wall Street is enjoying a July rebound, with the three major averages hitting their highest levels in more than a month. The Nasdaq Composite jumped nearly 1.6% on Wednesday, its fourth positive session in five. The tech-heavy index is up about 3.9% for the week. Meanwhile, the Dow and S&P 500 each rose for the third day in four. The blue-chip index is up nearly 1.9% for the week, while the S&P 500 has gained 2.5% thus far. "The bulls seem to be coming back into the market now. We've seen pretty sharp rallies in tech, crypto and other risk assets over the past few days," said Callie Cox, U.S. investment analyst at...
    Traders on the floor of the NYSE, July 19, 2022.Source: NYSE U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 24 points, or 0.08%. S&P 500 and Nasdaq 100 futures climbed 0.22% and 0.46%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only 970,000 subscribers in the second quarter, less than the 2 million it had previously projected. Traders betting that markets found a bottom and will be pushed forward by stronger-than expected corporate earnings drove stocks higher Tuesday, with all three major indexes trading above their 50-day moving averages for the first time since April. The Dow rallied 754.44 points, or 2.43%, while the S&P 500 gained 2.76%. The Nasdaq Composite rose 3.11%. Bank of America's latest survey of professional investors showed that deteriorating investor sentiment has potentially set up a buying opportunity in the market. The U.S. dollar, which recently surged to a 20-year high against the euro, softened, giving the rally more steam. Earnings...
    In this article GSBD SCHW GS VIDEO5:2805:28The market is putting the Fed into a position to be more measured, says Fundstrat's Tom LeeClosing Bell: OvertimeU.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week of earnings. Futures contracts tied to the Dow Jones Industrial Average added 0.25%. S&P 500 futures were up 0.4%, while Nasdaq 100 futures advanced 0.5%. The major averages are coming off a losing week, despite a Friday relief rally that saw the Dow jump more than 650 points. The 30-stock benchmark shed 0.16% on the week. The S&P 500 and Nasdaq Composite fell 0.93% and 1.57%, respectively. Friday's relief rally came as traders bet that the Federal Reserve will be less aggressive at its upcoming meeting. The Wall Street Journal reported Sunday that the central bank is on track to lift interest rates by 75 basis points at its meeting later this month. Still, it was the second negative week in the last three for all the major averages. Recession fears have been front and...
    In this article SSNNF 2330-TW 2303-TW .FKRX300 VIDEO2:5402:54The market is worried about Samsung 'inventory corrections' in H2: Research firmSquawk Box AsiaSamsung shares rose on Thursday, dragging Asian chipmakers higher after the South Korean technology giant posted "better than feared" earnings guidance for the second quarter. The numbers assuaged investors' concerns about rising inflation, deteriorating consumer demand and higher material costs for semiconductor firms, though analysts cautioned that demand weakness may not have fully run its course yet. Chip stocks have been hammered this year amid a tornado of concerns, including supply chain disruptions, the Russia-Ukraine war, rising material costs and rampant inflation that threatens consumer demand for products like smartphones. A few days ahead of Samsung's earnings guidance, U.S. chipmaker Micron warned of softening demand for consumer products. That set the backdrop for Samsung's results. But Samsung was up more than 3% on Thursday after saying it expects second quarter revenue to rise 22% year on year to 77.78 trillion Korean won ($59.8 billion), in line with expectations. Operating profit is expected to grow around 12% to 14.12 trillion...
    VIDEO3:0503:05The Fed will press on the economy until something breaks, says Guggenheim's Scott MinerdClosing Bell: Overtime Stock futures were flat in overnight trading Tuesday after the major averages made a failed attempt at a bounce. Futures tied to the Dow Jones Industrial Average edge 0.13% or 39 points, while the S&P 500 and the Nasdaq Composite rose 0.13% and 0.17%, respectively. Pinterest shares jumped more than 4% after hours on news that CEO Ben Silbermann is stepping down. During regular trading on Tuesday the Dow Jones Industrial Average dropped 491.27 points, or 1.56%, to 30,946.99, while the S&P 500 slid 2.01% to 3,821.55. The Nasdaq Composite fell 3% to 11,181.54. Major averages rallied earlier in the session, with the Dow and S&P 500 up as much as 446 points and 1.17%, respectively. Markets gave up those gains following a disappointing consumer confidence index reading, which came in at 98.7 and missed Dow Jones' estimate of 100. The moves followed slight losses in Monday's session after the averages posted their best week for June last week. As the second quarter comes...
    VIDEO3:3603:36Weak commodity prices have driven this relief rally, says Ed YardeniClosing Bell: Overtime Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching. Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%. The overnight action followed modest losses on Wall Street as a comeback rally stalled. The blue-chip Dow fell about 60 points, while the broader benchmark, the S&P 500, dipped 0.3% and the tech-heavy Nasdaq Composite lost 0.7%. The major averages rallied last week, posting their first positive week since May. "Market bulls who have had the rug repeatedly pulled out from under them this year may understandably be suspect of the rally, since many of 2022's upswings have quickly given way to fresh lows and this time may be no different," said Chris Larkin, managing director of trading at E-Trade. Investors will monitor more data on Tuesday including June consumer confidence and April home prices to gauge the...
    Stock futures fell in overnight trading on Monday as the markets struggled to sustain a comeback rally following weeks of losses. Futures on the Dow Jones Industrial Average fell 110 points, or 0.36%. S&P 500 futures dipped 0.76% and Nasdaq 100 futures dropped 1.3%. Zoom Video shares popped 6% in extended trading after sharing strong guidance for the second quarter while Snap shares plummeted more than 28% as the company said it's bracing to miss earnings and revenue targets in the current quarter and warned of a hiring slowdown. The moves came as the markets staged a rebound from last week's steep market sell-off, which saw the Dow hit its first eight-week losing streak since 1923 and the S&P 500 briefly fall into bear market territory on an intraday basis. Stocks rallied during Monday's regular trading session as the Dow jumped 618 points, or nearly 2%, following a week of sharp losses. The S&P 500 rose 1.9% and the Nasdaq Composite gained 1.6%. The moves left investors wondering whether the bounce can hold or if it was yet another minor...
    A screen displays the Fed rate announcement as a trader watches on the floor of the New York Stock Exchange (NYSE) in New York City, May 4, 2022.Brendan McDermid | Reuters Stock futures fell slightly after the Federal Reserve raised rates by half a point and the major averages rallied to end the day. Futures tied to the Dow Jones Industrial Average lost 46 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each fell 0.1%. In regular trading, the Dow Jones Industrial Average rose 932 points, or 2.81%, and the S&P 500 gained 2.99% for their biggest gains since 2020. The Nasdaq Composite jumped 3.19%. Stocks rose for a third straight day to start the month, after the Fed increased its benchmark interest rate by 50 basis points, as expected, and said it would begin reducing its balance sheet in June. However, investor sentiment, which has been bogged down since the start of the year, flipped during Powell's press conference, when he clarified that the Fed is "not actively considering" a larger, 75-basis-point rate hike. Some Wall Street...
    Traders on the floor of the NYSE, April 4, 2022.Source: NYSE Stock futures were flat in overnight trading Monday after investors bought the dip in technology shares following recent weakness. Futures on the Dow Jones Industrial Average dipped 14 points. S&P 500 futures were little changed and Nasdaq 100 futures edged 0.1% lower. The overnight action followed a tech-led rally that saw the Nasdaq Composite rise 1.9%. Shares of Twitter surged 27% for its best day ever after Elon Musk disclosed a 9.2% passive stake in the social media company. The blue-chip Dow rose about 100 points to begin the trading week, while the S&P 500 advanced 0.8%, both posting their second straight day of gains. "In the near-term, we believe indiscriminate selling has created attractive entry points, particularly into some high-growth-potential stocks," Tony DeSpirito, CIO of U.S. fundamental equities at BlackRock, said in a note. The new quarter has kicked off after the major averages finished their worst quarter in two years. Investors are awaiting the Federal Reserve meeting minutes Wednesday for further clues on the central bank's rate-hike path....
    Traders on the floor of the NYSE, Jan. 24, 2022.Source: NYSE U.S. equities futures dipped slightly Tuesday evening after stocks extended their rally in the previous session, even as fears of an inverted yield curve sparked recession concerns and investors continued watching developments play out in Ukraine. Futures tied to the Dow Jones Industrial Average slipped by 50 points, or 0.1%. S&P 500 futures fell 0.1% and Nasdaq Composite futures lost 0.2%. In regular trading, the Dow added 338 points, or 0.97%, and the S&P 500 rose 1.23% – both for their fourth straight day of gains. The Nasdaq Composite climbed 1.84%, and now sits less than 10% from its record. "The market's now up almost 10% in the last 10 days, so we've had a pretty incredible rally in a very short time with not a whole lot of news change except that we actually have more rate hikes priced into the market," Stephanie Lang, chief investment officer at Homrich Berg, told CNBC. "This has been a nice ride," she added. "But I wouldn't get too comfortable for the...
    Investing Club: This drug stock's rip-roaring rally was too good not to take some profits
    VIDEO7:2407:24The Fed's 'unrealistic' tightening plan will spark market pain, says Bleakley's BoockvarFast Money U.S. stock futures moved modestly higher on Wednesday evening as investors digested the latest projections from the Federal Reserve. Futures tied to the Dow Jones Industrial Average added 55 points, or just under 0.2%. Those for the S&P 500 rose 0.2%, while Nasdaq 100 futures ticked up 0.2%. The moves in futures come after the Federal Reserve hiked its benchmark interest rate for the first time since 2018 and signaled six more hikes this year, spurring a relief rally in stocks. The Fed significantly raised its projections for rate hikes and inflation in 2022, but investors appear to have taken those aggressive changes as proof the central bank was taking the rise in prices seriously. "The dot plot shows they're behind the curve, and we all know they're behind the curve, and they're trying to fix it," said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. "At least they're telling the market 'we're trying to fix it.'" Jeffrey Gundlach, CEO of Doubleline, said on...
    Traders on the floor of the NYSE, Feb. 28, 2022.Source: NYSE Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled. Futures on the Dow Jones Industrial Average dipped about 25 points. S&P 500 futures and Nasdaq 100 futures were both near flat. Amazon shares jumped more than 6% in extended trading after the company announced a 20-for-1 stock split and $10 billion buyback. CrowdStrike rallied more than 12% after hours post-earnings. In Wednesday's regular trading session, the Dow rose 653.61 points, or 2%. The S&P 500 climbed 2.6% for its best day since June 2020. The Nasdaq Composite gained 3.6% for its best day since November 2020. The moves came as oil prices fell Wednesday after trading at elevated levels recently amid Russia's invasion of Ukraine. WTI crude oil dropped more than 12% in its worst day since November and international benchmark Brent crude oil tumbled 13% for its biggest one-day drop since April 2020.Loading chart... Other commodities that have seen significant rallies since the war in Ukraine also...
    Investing Club: This delivery stock rally gave us a chance to make a sale and pad our rainy day cash fund
    Investing Club: Salesforce's earnings beat and raise point to stock rally ahead
    Investing Club: We're using Friday's rally to lock a nice gain in another stock and bank more cash
    Investing Club: We're trimming two stocks in Friday's rally and adding to a troubled tech stock
    A trader works on the floor of the New York Stock Exchange.NYSE Stock futures rose in overnight trading Thursday as investors digested a slew of corporate earnings reports after the Nasdaq Composite posted its worst day in more than a year. Futures on the Dow Jones Industrial Average gained 140 points. S&P 500 futures added 1% and Nasdaq 100 futures rallied 1.8%. Several technology stocks posted huge after-hours gains following strong quarterly results. Amazon jumped more than 15%, Pinterest surged more than 24% and Snap rocketed up roughly 60% after reporting earnings. The moves come after a disappointing earnings report from Facebook parent Meta sent the mega-cap tech stock lower and weighed on equity markets. After Facebook's quarterly results, "everyone just gave up and sold the whole sector. That was clearly the wrong read," Rich Greenfield of Lightshed Partners told CNBC's "Closing Bell" on Thursday. "What's going to be really interesting is how investors start to look at these companies more individually versus ... this whole sector."Stock picks and investing trends from CNBC Pro:Alpha is back with most hedge funds...
    In this article AMC DIS T 6758.T-JP The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank.AaronP/Bauer-Griffin | GC Images | Getty ImagesAfter a year of massive stock gains, AMC Entertainment shares are starting to cool off. The movie theater chain, which narrowly avoided bankruptcy last January, was the beneficiary of a flurry of new retail investors who helped the company secure much needed capital. These ardent fans led a campaign that bolstered AMC's shares to an all-time high of $72.62 last June. Even though shares closed Tuesday at $16.02, AMC is in a better position in 2022 because of the support this new wave of investors and the opportunistic actions of its CEO Adam Aron. "Of all the meme stocks, AMC seems to be the smartest firm to take advantage and recognize the opportunity there," said Eric Wold, senior analyst at B. Riley Securities. As retail investors hoisted the company's shares to new highs, Aron made strategic stock sales and amassed a $2 billion "war chest" that could be used to invest in theater upgrades and...
    CNBC's Jim Cramer said that Tuesday's stock market rally was made possible by cooling bond yields and favorable commentary from Federal Reserve Chairman Jerome Powell. "Sometimes, there's just too much good news to ignore," the "Mad Money" host said after the Dow Jones Industrial Averaged gained 0.51%, S&P 500 rose 0.92% and the tech-heavy Nasdaq Composite jumped 1.41%. Wall Street is off to a rocky start in the new year, with equity markets struggling against the backdrop of rising bond yields, which move inversely to prices. Cramer said that move in Treasurys was a key reason why so many stocks, especially those in the S&P 500, were being sold early in 2022, namely by large money managers and algorithmic traders. But with bond yields falling on Tuesday and Powell's congressional testimony emphasizing a data-based approach to interest rate hikes, Cramer said it cleared the way for investors to search for attractive stocks to purchase. "We see the trees through the forest, so to speak. And it turns out, while the forest was looking pretty terrible, there are enough healthy trees...
    VIDEO2:3702:37Hope may spring eternal again for stocks in 2022, Jim Cramer saysMad Money with Jim Cramer CNBC's Jim Cramer on Monday urged investors to keep an open mind heading into 2022, contending that the stock market's sizable advance in 2021 does not automatically rule out the possibility of strong gains this year. "Things can and do go right. It can be different this time. Sometimes you have to suspend your short-term skepticism to make long-term money," Cramer said. "Will hope spring again in 2022? Can't be sure," the "Mad Money" host acknowledged. "But the bottom line? Unless we realize that it happened before, just last year, we won't be ready for the opportunities it's going to create if it happens again." Cramer's comments came after Wall Street recorded a positive first trading session of 2022, with the Dow Jones Industrial Average and S&P 500 posting record closing highs. All three major U.S. equity averages notched double-digit gains in 2021, led by the S&P 500's nearly 27% move higher. The Dow and Nasdaq advanced 18.73% and 21.39% in 2021, respectively. As investors...
    Andrew Burton | Getty Images Stock futures were slightly higher Wednesday evening following the second trading day in which equities climbed higher, as investors looked past earlier jitters about the spread of the omicron Covid variant. Futures contracts tied to the Dow Jones Industrial Average added 0.08%. S&P 500 futures and Nasdaq 100 futures rose 0.09% and 0.08%, respectively. In regular trading, the Dow gained 0.7%, bringing its two-day rally to more than 800 points. The S&P 500 climbed 1% to 4,696.56 and now sits 1% away from its record. The Nasdaq Composite climbed 1.2%. All three averages are on track to end the week higher. The rebound, which began Tuesday, follows a three-day losing streak for the major averages spurred by fears about the speed of the spread of the latest Covid-19 variant. It was the worst decline for the S&P over a three-day period since September. For the Nasdaq, it was the worst three-day stretch since May. "December is a month where we're not supposed to see much volatility, but we have thanks to the omicron variant news,"...
    In this article T CAT VIDEO4:1204:12These stocks in corrections look cheap and ready to rally, traders sayTrading NationA few stocks well off their highs present buying opportunities at these levels, two traders say. U.S. stocks bounced back on Tuesday after three trading sessions in decline, with the Dow Jones Industrial Average mounting a 560-point rebound as the government announced new measures to mitigate the omicron outbreak. One stock still down nearly 20% from its 52-week highs is setting up for an even bigger rebound, Chantico Global CEO Gina Sanchez told CNBC's "Trading Nation" on Tuesday. "The demand and rebound in the global economy is not going away," particularly in metals and mining stocks, which dove sharply after President Joe Biden's Build Back Better Act hit a snag, Sanchez said. As coronavirus testing and treatment improve, a gradual economic reopening can keep driving demand for metals and minerals as the transition to clean energy comes back into focus, she said. "That's driving further demand for the actual equipment that does all of this, that actually digs into the ground, and...
    New York (CNN Business)Nearly a year ago, a bunch of day traders from the fringes of the internet figured out how to beat Wall Street at its own game. Or so they thought.  Around mid-January, shares of GameStop (GME) — a brick-and-mortar retailer that most analysts expected to go the way of Blockbuster — began surging, fueled by a pile-on of day traders from the WallStreetBets forum on Reddit. They were doubling, tripling, their positions by the day, chanting "diamond hands," and "to the moon," rally cries to hold onto their shares rather than cash out. The term "meme stock" sauntered into the mainstream. Better still, these amateur traders, who winkingly referred to themselves as "Apes," were sticking it to the fat cats on Wall Street who'd heavily shorted GameStop. The more people tried to dismiss the Reddit crowd — Citron Research called them "the suckers at this poker game" — the more they drove up the stock, squeezing the short sellers.In the end, the GameStop rally sent the stock up 1,600% before coming back down to Earth. Citron, meanwhile, shut down its short-selling...
    In this article AAPLVIDEO5:0505:05Apple faces critical level and holds key to a year-end rally, Miller Tabak saysTrading NationFrom your pocket to your garage, Apple is reportedly pushing forward with plans to develop a fully autonomous car. Those reports moved the stock to record highs on Thursday for the first time since September. Shares are up 8% over the past month, outpacing the S&P 500's 5% gain but still short of the broader market's rally this year. Apple could now indicate whether Santa Claus pays a visit to Wall Street this year, according to Miller Tabak chief market strategist Matt Maley. Speaking to CNBC's "Trading Nation" on Thursday, Maley says any pullback in high-flying tech stocks such as Nvidia and AMD could either help or hurt Apple. "My concern was or is that these stocks [like Nvidia] will start to pull back simply for technical reasons… and that might get the whole tech group to pull back," Maley said. "But if instead, this money that comes out of those names will roll in into other names like Apple… that's going to...
    By Esha Dey and Kristine Owram | Bloomberg Tesla lost nearly $175 billion from its valuation, heading for the biggest two-day slide in 14 months, as the surge in shares lost momentum amid a host of negative news. The drumbeat of adverse headlines reached a crescendo after Elon Musk’s Twitter poll that asked voters over the weekend if he should sell 10% of his stake in the electric-vehicle company was followed by news of his brother Kimbal selling some shares just before the poll. There was also a Business Insider report on Michael Burry, the investor made famous by “The Big Short” movie, saying Musk may want to sell stocks to cover his personal debts. “The stock is extremely overvalued from a long-term perspective, and investors are struggling with the valuation,” said Matt Portillo, an analyst at Tudor Pickering. He noted that Musk’s stock-sale poll provided investors “an excuse to pull back a bit.” The shares fell as much as 12% on Tuesday, after closing down 4.8% on Monday. Despite the latest drop, Tesla is still up 46% this year,...
    CNBC's Jim Cramer said the rally in infrastructure-related stocks Monday demonstrates the growing influence of retail investors on Wall Street. The "Mad Money" host expressed surprise that companies such as steelmaker Nucor and construction materials supplier Martin Marietta moved solidly higher during Monday's session, which was the first since the House of Representatives passed a more than $1 trillion infrastructure bill late Friday. "Historically, you had to buy before something good happens, and then sell into the news. The smart money always loaded up and crushed bids when stories broke, often leading to big losses for anyone who bought the news," Cramer said. "Not this market, though. The new pattern is insane if you've got experience, but it's making fortunes for newcomers." Cramer pointed to Nucor, in particular, to make his case. While he noted he's maintained an optimistic outlook on Nucor, he said there have been others on Wall Street who believed its stock had fully priced in most of the potential benefit from an infrastructure deal. "In the old days, once we found out Congress had finally passed...
    In this article PLTR VUZI ARKQ VIDEO2:4802:48Ark Invest's robotics ETF makes a comeback. Two traders on stocks to watchVideosCall it Cathie Woods' comeback. ARK Invest's ARKQ autonomous technology and robotics ETF, one of her funds, has seen a turnaround in the past month, rallying by roughly 12%. Those gains were largely driven by top holding Tesla. But, it's not the only stock in the ETF that has caught investors' attention. CNBC's "Trading Nation" asked two of its traders which name deserves a second look. "One holding that's actually a small market cap company is Vuzix," Todd Gordon, founder of Inside Edge Capital Management, said Tuesday. "It popped 40% since Facebook's Oct. 28 announcement, going Meta. It's [now] pulling back. Support is around $10. If you actually look at a month-over-month rotation of all the holdings of that ARKQ, Vuzix is actually the strongest."Zoom In IconArrows pointing outwardsVuzix develops and designs wearable augmented and virtual reality displays for industries ranging from manufacturing to telemedicine. Shares have surged 268% off a low set last November. The stock is up 38% this...
    There may be no one on the planet who was more giddy for the release of Adele’s new single “Easy On Me” than Neil Cavuto. It was her first new song release in six years. How excited was the Fox News host? So excited that he spent the first 14 minutes and 30 seconds of Friday’s show about it, complete with “Fox News Alert” graphic at the top of the show. (We’re only showing you the first two and a half.) He also sprinkled references to the singer throughout the rest of his show. “Adele — she’s back,” said Cavuto. “There’s hope for the world.” He has long worn his Adele fandom on his sleeve. Last Week Tonight even did an “And Now” segment titled “Neil Cavuto Really Loves Adele.” “I know what you’re thinking,” Cavuto said to his Friday afternoon audience. “‘This Adele fixation of yours, Cavuto, is weird.’ Maybe it makes some of you uncomfortable. Last time I got into this Adele thing, some of you said it was downright creepy. ‘You’re old enough to be her father.’...
    In this article XLEVIDEO3:0203:02Trading Nation: Brent hits nearly three-year high, nat gas spikesTrading NationWhile the rest of the markets sold off, one S&P 500 sector has taken off. Energy stocks have surged nearly 9% over the past week as Brent oil traded near a three-year high and natural gas rallied. The group is also the top performer this year, leading the S&P 500 with a 40% gain. But, it may be too late for investors looking to buy in on more upside, according to Gina Sanchez, chief market strategist at Lido Advisors. "Energy had a long way to catch up," Sanchez told CNBC's "Trading Nation" on Tuesday, explaining its big move this year. "They were big negative earners during the pandemic and so as the economy reopened and energy demand started to pick up, naturally that was going to be a boon for all energy companies." Upside potential may have already been exhausted, Sanchez said. "The [oil] spike is predicated on disruptions in supply meeting this big demand and those tend to happen in very sudden moments and will work...
    In this article FIncoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company's Michigan plant that produces the pickup.Michael Wayland | CNBCDETROIT – After a decade of mediocrity, shares of Ford Motor are up by nearly 50% so far this year and on pace for their best annual performance since 2009. Investors like the new turnaround plan from CEO Jim Farley called Ford+ that aims to better position the automaker to build electric and autonomous vehicles as well as to generate recurring revenue. Thus far, electric vehicle introductions from Ford such as the Mustang Mach-E and upcoming Ford F-150 Lightning have been well-received by investors. Ford Chair Bill Ford says the company plans to keep the momentum going into 2022 and beyond, despite an ongoing global shortage of semiconductor chips causing production disruptions.VIDEO1:4701:47Ford reveals its new electric F-150 Lightning pickup truck — Here are all the new featuresNews Videos"When we came out with the Mustang Mach-E and then the F-150 Lightning, I think...
    In this article BUGVIDEO3:3103:31Two cybersecurity stocks could lead group in next leg of rally, traders sayTrading NationCybersecurity stocks have broken out, surpassing gains in the broader market over the summer. The BUG cybersecurity ETF has rallied nearly 20% over the past three months — more than double the increase for the S&P 500. Hacking headlines and an increased focus on data security have proven a tailwind for the group. CNBC's "Trading Nation" on Wednesday asked which of the cybersecurity stocks could lead the next leg of the rally. Todd Gordon, founder of Inside Edge Capital Management, pinpointed ZScaler as one of his favorite plays in the space. "It's one of the largest cybersecurity firms out there. They offer cloud-delivered solutions for user device data protection," Gordon said. "The valuation is excessive — its trading multiple, multiple forward earnings — but it's not dissimilar to the other names here." ZScaler trades at a lofty 483 times forward earnings. The BUG ETF, by comparison, trades at 58 times forward earnings.Zoom In IconArrows pointing outwards"The chart looks solid. It's broken out from $230...
    In this article AMC GME Dado Ruvic | ReutersMeme stock king GameStop rallied more than 30% on Tuesday as retail investors came back in full force despite an otherwise quiet market. The videogame retailer surged as much as 36.5% to $225 apiece in heavy trading volume. More than 7 million shares have changed hands, more than tripling its 30-day average, according to FactSet. Other meme stocks were also popping. Shares of AMC Entertainment jumped 21%. The movie theater chain was the most active stock on Fidelity's trading platform as of 2:30 p.m. ET, according to the broker's website. Clover Health climbed 10%. Bed Bath & Beyond rose more than 4%. Robinhood, which has also earned a meme stock status, advanced 9% Tuesday on no apparent news.Meme stocks rally Outside of the group favored by retail investors, the stock market seemed to be dull with most investors eagerly awaiting a key Federal Reserve summit Thursday and Friday. The S&P 500 inched up 0.3% in afternoon trading. Overall volume was light Tuesday with the SPDR S&P 500 ETF trading 24...
    A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 11, 2021.Andrew Kelly | Reuters Stock futures edged higher in overnight trading on Monday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. Futures on the Dow Jones Industrial Average rose 45 points. S&P 500 futures and Nasdaq 100 futures both rose 0.1%. The market started the week on a high note as shares sensitive to an economic recovery jumped on optimism that the vaccine approval would clear path for more mandates in the face of the spread of the delta variant. "Considering the recent spike in cases and some of the disappointing economic data, this is another step in the right direction, and it helps give confidence to those who might still be holding out on getting the vaccine," said Ryan Detrick, chief market strategist at LPL Financial. The S&P 500 closed Monday's session 0.8% higher after touching an intraday record high. The tech-heavy Nasdaq Composite rose about 1.5% to hit...
    In this article HOODA person looking at a smartphone with the projected Robinhood price shares in Los Angeles, July 27, 2021.Chris Delmas | AFP | Getty ImagesRobinhood's short run as a meme stock has crashed into Wall Street reality. Shares of the stock-trading app dropped 8% on Thursday to $45.79 after the company reported earnings for the first time since its IPO in late July. Since climbing as high as $85 on Aug. 4, the stock has plummeted 46% to the lowest since its fourth day on the market. Robinhood said second-quarter revenue more than doubled to $565 million, close to the high end of its forecast. But an outsized amount of its growth came from dogecoin, a cryptocurrency that was started as a joke. Revenue from crypto transactions surged more than 45-fold from a year ago to $233 million, accounting for 52% of total transaction-related revenue, up from 17% in the first quarter and 4% in the fourth quarter of last year. More than 60% of its funded accounts traded crypto in the quarter. Within Robinhood's crypto business, which includes...
    More On: stocks Pelosi’s husband bets $11 million on Big Tech US-listed Chinese stocks plummet as government crackdown rattles traders China widens crackdown on homegrown tech companies traded in US AMC shares fall after research house discloses short position So-called meme stocks are falling out favor with investors as prices tumble and interest in them wanes. Purchases of meme stocks, which include GameStop, AMC, Bed Bath & Beyond and others, fell sharply last week, according to data from Vanda Research. Purchases of meme stocks tumbled to $360 million in value, down from a peak of $963 million that was notched the week of June 8, with Vanda Research analysts saying that retail investors are “falling out of love with meme stocks.” The stock prices of some of the companies, which have become favorites among many amateur investors who trade tips over the Reddit forum WallStreetBets, reflect the declining interest. A basket of 37 of retail traders’ favorite stocks that’s tracked by Bloomberg is down nearly 20 percent from its peak on June 8 as investors look for safer...
    Traders at the New York Stock Exchange.Source: NYSE One of the biggest fears investors have faced this year is the threat that inflation could run amok and thwart the post-pandemic economic recovery. But over the past month, those fears have abated significantly, and a chart diagramming the trend could be signaling the next leg up in the stock market. A popular measure of market anticipation for inflation is the difference between Treasury yields and inflation-indexed bonds of the same duration. The metric is known as the "breakeven" rate, and investors and economists most often look at the 5- and 10-year spreads. After rising in May to their highest levels in about eight years, those breakeven rates have been falling consistently, indicating that investors no longer see inflation maintaining its current blistering pace far into the future. The 5-year breakeven rate is now at 2.45% while the 10-year sits at 2.33%, indicating that markets see inflation falling over a longer time frame. "To us, this signals that markets are starting to give up on the idea of structurally higher US inflation,"...
    Traders on the floor of the New York Stock Exchange.Source: NYSE U.S. stock futures opened slightly higher on Monday night after the Dow Jones Industrial Average posted its best day since March. Dow Jones Industrial Average futures rose by 40 points, or 0.12%. S&P 500 and Nasdaq 100 futures climbed 0.12% and 0.07%, respectively During the regular session, the Dow rose 586.89 points, or 1.76%. The S&P 500 ended the day up 1.4% and the Nasdaq Composite rose 0.79%. The indexes recouped some of last week's steep losses when the Federal Reserve's updated projections on inflation cued a sell-off. Commodity stocks like Devon Energy and Occidental Petroleum led the market comeback Monday after being hit hard last week. Norwegian Cruise Line and Boeing stocks climbed more than 3% as the economy continues to reopen. "Stocks staged a strong rebound on Monday, although all the S&P did was recoup its decline from Friday," according to Vital Knowledge's Adam Crisafulli. "Cyclical stocks may have rebounded on Monday, but they are still in a downtrend and investors should use rallies to book profits."...
    In this article CMGVIDEO2:4902:49Trading Nation: Biotech sees a boost in JuneTrading NationRaymond James has asked for an extra helping of Chipotle. Analysts at the firm upgraded the stock to a strong buy, expecting the chain to be able to pass off increasing costs to the consumer. But, the stock has had a disappointing first half of 2021. After double-digit rallies in the previous three years, it's barely positive over the past six months and has fallen more than 11% from an April peak. Ari Wald, head of technical analysis at Oppenheimer, said this underperformance gives it "rotation potential." "In this bull market, investors are going to look for this stock at least for a trading rally from here and, as it stands based on technicals, a trading rally makes sense," Wald told CNBC's "Trading Nation" on Monday.Zoom In IconArrows pointing outwards"It's curling up from the lower end of its range, which is marking support at around $1,320. That extends back to the January low in the stock and we can see the more recent price action … marked a little...
    In this article NVDA ADP VIDEO3:4303:43The S&P 500 stalls below records, but these stocks are already thereTrading NationThe S&P 500 came frustratingly close to a record high but failed to cross that hurdle. Still, several stocks have managed to make new highs this week, including ADP, Target, eBay, T-Mobile and Nvidia. Todd Gordon, founder of TradingAnalysis.com, told CNBC on Wednesday that one of those stocks should continue its hot streak on the back of a rotation back into technology. "You're seeing a rotation back into the large-, medium-cap growth relative to value, … and Nvidia is the play. This is obviously the largest GPU and AI play out there," Gordon said on "Trading Nation." Zoom In IconArrows pointing outwards"We've been in a massive uptrend since 2015. We don't show resistance until about $,1650. Nvidia is the second largest holding stock in my portfolio, behind Apple," said Gordon.  Nvidia would need to climb more than 137% to reach Gordon's target. He said there's still opportunity to buy the stock in any near-term dip. "We just broke out of year-long range...
    An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021.Carlo Allegri | Reuters AMC Entertainment, the meme stock that amazed Wall Street recently, rallied double digits on Monday as speculative trading activity in the struggling movie theater gained steam. Shares of AMC jumped 23% in morning trading on Monday, following an 80% rally in the prior week. The stock has dethroned GameStop to become the star on the infamous WallStreetBets forum on Reddit with retail traders encouraging each other to pile into the shares and call options. A call option is an instrument that gives an investor the right to buy a stock at a stated price within a particular time frame. AMC has gained more than 120% in June alone after a 160% advance in May, pushing its 2021 rally to over 2,600%. Amid the wild trading, TD Ameritrade put in place increased margin requirements to 100% on AMC and GameStop. The brokerage firm said it may also implement additional requirements on opening trades on AMC options that...
    Shares in AMC almost doubled on Wednesday as amateur traders pushed the 'meme-stock' to record highs and forced trading to be suspended four times.  The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS and Kellogg, as well as fellow meme-stock GameStop.   Its previous closing record had been $35.86, which was set on March 23, 2015, according to FactSet data.  Among other so-called meme stocks - companies popular with a new generation of social media centric traders on Reddit's WallStreetBets and other online forums - security software provider BlackBerry and headphone maker Koss Corp rose 31.1% and 68.6%, respectively.  The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of GameStop earlier this year.   In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit´s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that...
    In this article AMCVIDEO2:3402:34Here's how much the AMC CEO's wealth has grown amid stock surgeSquawk BoxAMC Entertainment CEO Adam Aron has seen his wealth soar by more than $200 million since the start of the year thanks to a retail-investor fueled rally, according to securities filings. The theater chain, which has become a favorite of retail investors and social media message boards, has seen its stock surge by more than 1,600% in 2021. AMC shares more than doubled in fevered trading Wednesday. They also set set an all-time high of $72.62, which was far above their previous record share price. Aron's shares were worth about $8 million at the start of 2021, according to share data compiled by Equilar. Those shares are now worth over $220 million, which means the rally has added more than $210 million to his net worth. While Aron hasn't sold any shares, according to securities filings, he gifted 500,000 shares to his two sons in March. Those shares are now worth over $25 million. While Aron may have "diamond hands" when it comes to his...
    In this article AMCStreet performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020.Amir Hamja | Bloomberg | Getty ImagesInvestors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week as shares rallied more than 116% since Monday, according to data from S3 Partners. The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. Shares closed at $26.12 per share Friday, up from $13.68 on Monday. At its peak, the stock reached $36.72 a share. AMC was the most active stock on the New York Stock Exchange by far on Friday as more than 650 million shares changed hands. Its 30-day trading volume average is just above 100 million shares, according to FactSet. With 450 million shares outstanding, the entire company changed hands nearly 1.5 times during Friday's trading. The so-called short covering could be contributing to AMC's massive rally this week. The company has about 20% of its...
    More On: amc entertainment GameStop and AMC shorters lost $930 million AMC cashes in on Reddit-trading frenzy with $428 million share sale Cinemark inks deal with Hollywood studios as movie theaters eye recovery AMC to reopen almost all US movie theaters by Friday Shares of AMC Entertainment continued to soar Friday morning — even outpacing fellow so-called meme stock GameStop. AMC was up more than 17 percent, trading at over $30 per share in the premarket, extending gains of about 35 percent from the day before. The stock has seen a dazzling rally this week that’s sent shares up more than 120 percent since Monday.  The recent rally has given AMC a market cap of almost $12 billion, up from less than half a billion dollars last year. Shares are up more than 1,200 percent since January.  GameStop, which led the market rally in January that seemingly pitted a massive community of traders on Reddit against hedge funds that were betting against the stock, has risen this week, too.  Shares of GameStop were up more than 2 percent in...
    In this article AMC GME Rafael Henrique | LightRocket | Getty ImagesJust when you think the GameStop mania is a tale from the past, meme stocks came back from the dead with a double-digit rally this week as enthusiastic investors piled back into speculative assets with the market near record highs. Shares of GameStop soared another 11% on Wednesday, pushing its gains this week to more than 30%. Another Reddit target, AMC Entertainment, rallied 12% in morning trading, bringing its weekly advance to over 50%. Zoom In IconArrows pointing outwards Strategists believe the recent run-up occurred as these speculative assets and others became oversold. Last week, bitcoin suffered a 30% one-day crash that spooked many on Wall Street and the cryptocurrency recouped some of the losses this week but trading remains volatile. Meanwhile, the stock market, which came back near its record level recently amid reopening optimism, might have unleashed another wave of animal spirits and pulled some investors back into the riskiest parts of the market. "I believe the bounce back in these thematic names are a function...
    Don’t miss these top money and investing features: Don’t be a sitting duck when this stock market rally fades — here’s what to do now Inflation Is here and hotter than it looks. Why it’s time to worry Why Jeremy Siegel says stocks can ‘more than compensate’ even if inflation rises To all those who say bitcoin is the new gold: You haven’t lived long enough How to invest in an IPO These money and investing stories, popular with MarketWatch readers over the past week, focus on helping you make sense of the recent spike in U.S. inflation. Understand how rising prices can affect your investment portfolio, and taking appropriate steps now to respond, can prevent unpleasant surprises later. Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSWhy any stock market rally right now will be quick Market-timers are running with the bulls but can easily turn bearish, reflecting weak support for current stock prices.Why any stock market rally...
    Stock trading app Robinhood took in at least $110 million from the so-called meme stock rally that sent share prices of retailer GameStop and other struggling companies soaring earlier this year. The amount in fees the digital trading platform gets from selling its users' stock orders to other Wall Street firms rose to $331 million in the first three months of the year, according to an analysis posted online earlier this week by market research firm Alphacution. That was up from $221 million in the last three months of 2020. The increase is also more than the $91 million Robinhood got from those same fees a year ago. The big jump in fees Robinhood now collects underscores how popular the trading app has become. The firm does not disclose its total number of accounts, but it is believed to have added millions of new users in the past year. It also illustrates how much money Robinhood can make in a market frenzy, even as its customers are able to trade stocks and options on its app nearly for free. "It appears...