The Wall Street bank expects shares of one of its “top picks” to rise by 26% over the next 12 months.
Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns
“I don’t think we’re near the end of this move in the bond market,” the Bianco Research president told CNBC’s “Fast Money” on Tuesday.
Bill Gross says the surging 10-year Treasury yield could test 5% in the short term
One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.
Jim Cramer says bonds are ‘in charge’ and aren’t letting the stock market get out of its slump
“Until rates go down — meaning until bond prices go up in price — this cascade’s going to continue,” CNBC’s Jim Cramer said.
Laphonza Butler makes history as first Black openly lesbian U.S. senator
Laphonza Butler was sworn into the Senate this afternoon, making history as the first Black and openly lesbian senator to serve in Congress.
Pros are bullish on Nike after its latest quarterly results. Here’s what they say
Pros on CNBC discussed Nike after the company reported fiscal first-quarter earnings last week.
Intel plans to IPO programmable chip unit within three years; stock rises after hours
Intel said it will continue to support its programmable chip business and will retain a majority stake after a spinout
Expect a ‘violent’ rally before the end of the year, Fundstrat’s Tom Lee says
Fundstrat managing partner and head of research Tom Lee is sticking with a bullish forecast on the S&P 500 before the end of the year.
Tech stocks are still sliding after closing out their worst month of 2023
Tech stocks fell sharply Tuesday, leading a broader market decline that was sparked by concerns of rising interest rates.
Here’s who might testify in Sam Bankman-Fried fraud trial: Parents, ex-girlfriend Ellison, Scaramucci
Friends, family members, and investors were all named in a list of potential witnesses.
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