Tag: Markets

  • The role of the Fed in the bankruptcy of the SVB turned positive for equities, says Cramer

    Thanks to the Federal Reserve, the collapse of Silicon Valley Bank finally turned out positive for the stock market, CNBC’s Jim Cramer said Wednesday. Cramer said the Fed was focused on fighting inflation but soon had to turn its attention to the “immediate financial crisis” caused by the SVB. As a result, he said investors […]

  • 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 […]

  • 5 things you need to know before the stock market opens on Wednesday, March 29

    The run on Silicon Valley Bank could have been worse. The FBI accused Sam Bankman-Fried of bribing at least one Chinese official. Starbucks Senator Bernie Sanders and Howard Schultz face each other at a Senate hearing. Here are the most important news items investors need to start their trading day: The market is in a […]

  • Bitcoin (BTC) climbs to $28,000 as traders shrug at regulatory crackdown

    Bitcoin is up 50% so far in 2023, beating major commodity and stock indices. Industry insiders said the bank’s collapse has sent investors looking for alternatives to the traditional banking system and a slowdown in rate hikes is also anticipated, helping bitcoin. Filip Radwański | Sopa Images | Rocket | Getty Images Bitcoin rallied on […]

  • Stricter rules for banks after SVB collapse?

    Senator Tim Scott, RS.C., right, greets Michael Barr, off-camera, Vice Chairman for Oversight of the Board of Governors of the Federal Reserve System, at the Dirksen Building on Tuesday, March 28, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. […]

  • 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, […]

  • 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% […]