(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) Nvidia’s quarterly report this week is the biggest catalyst to watch in the current “bend but don’t break kind of market,” New York Stock Exchange insider Jay Woods tells traders. Nvidia — set to report after the bell on Wednesday — is expected to inform Wall Street on the strength of the artificial intelligence trade moving forward, particularly with the tech-heavy Nasdaq Composite on track to snap a seven-month win streak. The chipmaker’s…
Author: usaeverydaylife
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. Market update: Stocks are trading lower Monday, extending the market’s recent struggle to find its footing. Concerns about stretched valuations, particularly in the technology sector, along with debt-driven spending on data centers and AI with uncertain returns, weighed on stocks. Amazon is seeking to raise $15 billion through a bond sale, its first in three years, Bloomberg reported Monday, which will help the cause. Deals like this also benefit the large…
Acting Administrator of the Federal Emergency Management Agency (FEMA) David Richardson testifies before the House Committee on Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings, and Emergency Management in the Rayburn House Office Building on July 23, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesDavid Richardson, the acting head of the Federal Emergency Management Agency, is stepping down, according to a senior Trump administration official, ending a troubled tenure just six months into the job and while the Atlantic hurricane season is underway.Richardson, a former Marine Corps officer, is the second FEMA head to leave or be fired…
Under the surface, we are seeing breakdowns in high-beta stocks that had formerly been upside leadership for the market, even as the major indices hold up above initial support. A correction has been in place for high-flying stocks since mid-October, which has resulted in a one-month return of -11.7% for the ARK Innovation ETF (ARKK) , a high-growth technology stock proxy. We view the sell-off in ARKK as a risk-off indication for the broader market. The correction in ARKK looks poised to deepen over the next few weeks, at least. Intermediate-term momentum recently shifted to the downside per the weekly…
Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida, last month. The deal piqued interest and prompted coverage from TMZ to Architectural Digest, with most of the focus on the celebrity buyer.But aside from the name recognition, the home’s skyrocketing price over the past five years also makes it stand out.The actor’s transaction in October marks the home’s fourth sale in that same time period, and a dramatic 118% price increase from its sale in January 2020 when the fully furnished mansion traded for $17 million.The grand entrance to the almost 17,800 sq ft…
Assemblymember Alex Bores from Assembly District 73 speaks on the State Capitol Wednesday, May 29, 2025, in Albany New York.Kena Betancur | APA bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate who helped lead an effort to put safety measures on the AI industry.Alex Bores, a New York State Assemblymember, has pushed “ideological and politically motivated legislation” that would “handcuff” the nation’s edge on AI, the heads of the “Leading the Future” PAC said in a statement Monday morning.Bores, who is running to represent New York’s 12th Congressional…
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025.Brendan McDermid | ReutersWall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their portfolios in cash to protect against a major downturn.Speaking on Bloomberg’s Odd Lots podcast, the DoubleLine Capital CEO warned that the stock market looks dangerously speculative, saying it’s among the least healthy he’s seen in his entire career. The Dartmouth grad who started his Wall Street career in…
Joe TerranovaScott Mlyn | CNBCJoe Terranova plans to stick by the winning quantitative approach that’s allowed his Virtus Terranova U.S. Quality Momentum ETF (JOET) to identify stocks like Palantir early before the rest of the market has piled in over the last five years.The ETF — created by Terranova, chief market strategist for Virtus Investment Partners — has risen 10.9% this year, beating the 6.8% gain in the Invesco S&P 500 Equal Weight ETF (RSP) in that time.Stock Chart IconStock chart iconJOET, RSP YTD chartTo select the ETF’s holdings, Terranova follows a strict set of rules-based principles. First, he and…
Check out the companies making the biggest moves midday: Brinker International — The Chili’s parent jumped more than 8%, on pace for its largest one-day advance since April. Short interest amounts to 12% of Brinker’s float, FactSet data shows. Brinker continues to rebound after tumbling as much as 18% between reporting earnings on Oct. 29 and the close on Nov. 6. Gibraltar Industries — Shares slumped over 12% after the building products manufacturer announced it had reached an agreement to acquire OmniMax International, a smaller rival, for $1.34 billion. The deal is expected to close in the first half of…
2025 is proving to be a defining year for cybersecurity, with the rise of artificial intelligence that can both defend and attack computer networks. A surge in ransomware attacks and data breaches disrupting businesses worldwide has investors looking for cyber companies – such as portfolio names Palo Alto Networks and CrowdStrike – that can turn their security capabilities into consistent revenue growth and profitability — and, higher and higher stock prices. The biggest hacks this year impacted companies such as Yahoo, Alibaba , Microsoft ‘s LinkedIn, Meta Platforms ‘ Facebook, and Marriott — just to name a handful. The rise…
