Weight loss drug patients spend less on restaurants, takeout: survey

A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and also how much they spend on food. Most people taking those medications, … Read more

Stock market today: Live updates

Stock futures were little changed on Thursday morning as Wall Street looked ahead to a second key inflation report. Futures tied to the Dow Jones Industrial Average slid 7 points, or about 0.02%, while S&P 500 futures also lost 0.2%. Nasdaq-100 futures gained 0.04%. Stocks hit sell-off mode Wednesday as investors assessed a hot March … Read more

4 main events to watch the market

Wall Street bounced back Friday but still turned in a losing week. Questions about Federal Reserve interest rate cuts and rising geopolitical tensions dominated trade and will continue to be key themes to watch. Good jobs news — strong hiring last month with elevated but moderating wage inflation — was treated as such Friday. But … Read more

Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks

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. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off … Read more

Spirits sales top beer and wine in 2023

Spirits on display at a bar in Cardiff, Wales, in the United Kingdom. Matthew Horwood | Getty Images News | Getty Images The spirits industry held its market share edge over beer and wine for the second straight year in 2023, even as it showed little growth, according to new data released Wednesday. U.S. spirits … Read more

Jim Cramer explains how investors can pick stocks in an overbought market

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here’s today’s edition. Market moves: Wall Street rebounded from Wednesday’s declines that started with a sell-the-news reaction to tech earnings and accelerated when Federal Reserve Chairman Jerome Powell poured cold … Read more

Here's a rapid-fire update on all 32 stocks in our portfolio, including Cramer's fave tech play

During the Club’s January meeting, Jim Cramer dished out his thoughts on the stocks in his Charitable Trust, including his favorite tech holding right now. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Trusted Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the … Read more

Fed-induced rally is unsustainable, especially for 5 sectors

It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many … Read more

These are the 11 stocks in our portfolio that Wall Street likes best

The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . The Mexican beer importer and media-and-entertainment giant are among the 11 Club holdings with buy-equivalent ratings from at least 75% of the analysts who cover them, according … Read more

3 things to watch in the market in the first week of trading for 2024

Another trading year is officially in the books. The S & P 500 ended the year with nine straight weeks of gains and was just short of an all-time high. The broad market index posted a return of 24.2% for the year. The Dow Jones Industrial notched a 13.7% increase, while the Nasdaq was the … Read more