My top 10 things to watch Wednesday, April 24 The S & P 500 and Nasdaq are trying to extend their winning streaks to three sessions. Bond yields are higher again so perhaps some headwinds ahead. Tech stocks have been leading the bounce back after rough sledding since the beginning of March. The Club’s five … Read more
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 up: The S & P … Read more
The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk of the Magnificent Seven names, which had a strong start to the year, but have been in a slump as of late. Tesla reports Tuesday, … Read more
Getting people back to the office comes with a steep price tag — and those willing to swap their remote job for working in an office full-time could see the biggest change in their paychecks. Salaries for fully in-office roles are climbing in the United States. Companies are offering an average $82,037 for in-person roles, … Read more
Artificial intelligence isn’t only benefiting technology companies. A host of stocks in other industries also stand to gain, according to Nancy Tengler, chief executive officer and chief investment officer of Laffer Tengler Investments. While shares of megacap technology companies such as Nvidia and Meta Platforms have soared on hopes that AI will usher in new technological … Read more
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover … Read more
Capital One CEO and Chairman, Richard Fairbank. Marvin Joseph| The Washington Post | Getty Images Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger â gaining “scale” in Wall Street-speak â it’s a bid to protect itself against a rising tide of fintech and regulatory threats. It’s a chess … Read more
Sopa Images | Lightrocket | Getty Images Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be announced Tuesday, the outlet said, citing sources. It will be an all-stock deal and Capital One, which already uses Visa and Mastercard networks, plans to … Read more
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment methods. CNBC | Evelyn Cheng BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to make mobile pay for international visitors even easier, said Zhang … Read more
BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images) Joan Cros Garcia – Corbis | Corbis News | Getty Images Payments giant Mastercard says it has built its own … Read more
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