First quarter numbers that will flood the market are largely baked into current stock prices and the pain trade is to the upside, one analyst said.
Jamie Dimon issues warning on rates: ‘It will undress problems in the economy’
Higher rates jammed up swaths of the economy this year, from bankers who bet on low rates to consumers who can no longer afford mortgages or credit card debt.
S&P 500 still tracking for positive week despite Friday slump – listen to the ‘Homestretch’
Jeff Marks, the Club’s director of portfolio analysis, said the overbought market appeared due for a pullback like Friday’s decline. He also recapped a busy morning for bank and health-care earnings. A transcript will be added shortly.
Elon Musk is reportedly planning an A.I. startup to compete with OpenAI, which he cofounded
Musk’s entry would be the latest in an increasingly crowded artificial intelligence space, even as the CEO questions whether AI development is moving safely.
Wells Fargo gives up gains despite earnings beat. We see a buying opportunity
Wells Fargo (WFC) reported better-than-expected first-quarter results on Friday, demonstrating its underlying fundamentals are strong.
The 4 signs you need to start looking for a new savings account
Learn what to look for before moving your money to a new account.
‘Manufactured’ debt ceiling crisis would damage U.S. economic rebound, key Treasury official says
Deputy Treasury Secretary Wally Adeyemo warned that not raising the debt ceiling would affect international confidence in the U.S. economy.
These stocks crushed it this week, including one name analysts expect to rally 95% from here
CNBC Pro screened the S&P 1500 for the best-performing stocks this week.
4 countries that are embracing—or experimenting with—the 4-day workweek
Dozens of countries including Ireland, Spain and the UK have tested a 4-day workweek, with overwhelmingly positive results.
ECB must ‘carry on and act consistently’ with interest rate hikes, policymaker says
The European Central Bank must “carry on and act consistently” with interest rate hikes, policymaker Olli Rehn said Friday.