Mark Zuckerberg passed Elon Musk on Friday to become the third-richest person in the world, the first time since 2020 the arch-rival billionaires have held those positions. Musk, who ranked first on... Read more »
Martin Puddy | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to... Read more »
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push... Read more »
Americans who enjoyed capital gains from a rallying stock market or interest from high-yield savings accounts in 2023 may have a few surprises waiting for them in their tax bill. That’s emerging... Read more »
It may be time to buy shares of Tesla as a popular metric on Wall Street indicates shares could be ripe for a rebound. The broader market has struggled this week thanks... Read more »
Good morning. Stocks struggle for direction after another record day on Wall Street and Ken Griffin becomes the latest big hitter to tell the Fed to move cautiously on rate cuts. Here’s what’s... Read more »
U.S. equities aren’t the only ones on a bull run — the Japanese stock market is also enjoying an upward climb. Last week, Japan’s benchmark Nikkei 225 Index hit its highest level... Read more »
S & P 500 share repurchases could make a comeback in 2024 with the help of the Magnificent 7, according to Goldman Sachs. The firm estimates S & P 500 constituents will... Read more »
The stock market may be ripping higher, but there are still some names trading at a discount that could do well, according to Sarat Sethi, portfolio manager of Douglas C. Lane & Associates.... Read more »
Hedge funds’ most-loved stocks have nearly doubled the S & P 500 ‘s return this year due to the continuous strength in Big Tech, according to Goldman Sachs. The Wall Street bank... Read more »
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives... Read more »
Uber reported its first annual profit on Feb. 7. It was a milestone for the San Francisco-based ride-hailing and food delivery company, which was once infamous for hemorrhaging cash as it sought... Read more »
Several technology and travel companies are reporting earnings this week — and some of them are likely to see dramatic moves when they do. Wall Street is now in the final half... Read more »
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse,... Read more »
GenZ fashion influencers aren’t the only ones trying to channel the 1990s these days. Investors likewise see plenty of current-day relevance in that decade of upheaval, renewal, technological acceleration and eventual excess.... Read more »
Investors may want to consider putting money to work in a lagging part of the market. According to VanEck CEO Jan van Eck, oil stocks are getting a raw deal. “The [oil]... Read more »
With the S&P 500 closing above 5,000 for the first time, there’s an inevitable question for investors with cash on the sidelines: Should I get in now — or is the milestone... Read more »
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks... Read more »
Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the Russell 2000‘s underperformance so far this year is likely a near-term setback.... Read more »