Tag: Breaking News: Markets

  • Stocks making the biggest moves in the afternoon: LULU, MU, CCL, CALM

    A display of a Canadian sportswear retailer’s Lululemon logo in one of their stores. Alex Tai | LightRocket | Getty Images Check out the companies making headlines in Wednesday afternoon trading. Lululemon – Shares of the athletic apparel company rose more than 13% after the company reported strong quarterly earnings and earnings that beat Wall […]

  • Cramer’s things to watch on the stock market Wednesday: stocks, retailers, AI

    My top 10 things to watch Wednesday, March 29, 1. The Dow and the S&P 500 are poised to open higher, one day after the indexes broke their three-session winning streak. The Nasdaq, on a two-day losing streak, is also poised to rise. Wall Street’s First Quarter Ends Friday: The Dow Looking for Losses; but […]

  • Hong Kong shares rise 2% as Alibaba lifts tech stocks; Asian markets tend to rise

    3 hours ago Alibaba’s overhaul could be followed by tech peers: KraneShares According to KraneShares CIO Brendan Ahern, Alibaba’s big shakeup could be followed by its Chinese tech peers. “I think investors are saying what we saw in Alibaba, really the leader in Chinese technology, that their plans can be used by others,” Ahern said, […]

  • Alibaba shares rise 15% in Hong Kong after major revision news

    Alibaba’s Hong Kong-listed shares rose during open day on Wednesday after the company announced a major overhaul to split the company into six business groups. The company said in its announcement that the move is intended to “unlock shareholder value”. Signage at the offices of Alibaba Group Holding Ltd. in Beijing, China, on Tuesday, January […]

  • Jamie Dimon is impeached over JPMorgan Chase’s role in Epstein lawsuits

    Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, will be ousted over his bank’s ties to disgraced former financier Jeffrey Epstein, according to a person with knowledge of the matter. Dimon agreed to be interviewed under oath, at an undetermined date in the future, for two civil trials related to convicted sex offender […]

  • MU, PARA, MKC and more

    Micron Technology headquarters in Boise, Idaho, March 28, 2021. Jeremy Ericson | Bloomberg | Getty Images Check out the companies making headlines in Tuesday afternoon trading. PagSeguro – Shares rose 5.3% after Citi upgraded Brazilian payments stocks to buy from neutral. The company called the company’s fourth-quarter earnings unsurprising, saying it is still in rough […]

  • First Republic rallies 25% Monday to lead regional banks’ comeback

    Bloomberg News reported Saturday that US officials are considering expanding federal programs that provide banks with liquidity, in part to help First Republic search for a buyer. CNBC reported on Saturday that the inflow of deposits into major banks from the smaller regions has slowed significantly. Regional bank stocks have been under a lot of […]

  • Stocks make the biggest moves premarket: PINS, FCNCA, CAT

    Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffrey | CNBC Check out the companies making headlines before the bell rings. Pinterest — Pinterest gained 4.3% after UBS upgraded its social media stock to buy, saying shares could rise more than 25% as the company improves its advertising strategy. First Citizens BancShares — Stocks rose 40% […]

  • Asian markets are mixed as banking sector stress continues

    40 minutes ago CNBC Pro: Here’s how to spot a good growth stock, according to a fund manager “As a growth manager, how do you recognize good growth companies?” fund manager Ian Mortimer told CNBC Pro Talks Wednesday, when he shared his strategy for spotting outperforming stocks. Mortimer manages the growth and innovation-focused Guinness Global […]

  • Deposit outflow from small banks to JPM, WFC, C delayed

    The wave of deposits moving from smaller banks to big institutions like JPMorgan Chase and Wells Fargo has slowed to a trickle in recent days, CNBC has learned. Deposit outflows, which rocked markets worldwide and forced regulators to step in to protect bank customers, began to improve around March 16, people with knowledge of inflows […]