The ‘Fast Money’ traders talk Big Tech’s Monday rally. Source link
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. Markets: Stocks were higher in afternoon trading Monday, with the S & P 500 adding nearly 1% and the tech-heavy Nasdaq Composite advancing around 1.5%. The action across Wall Street — and not just in stocks, but also in areas like gold and oil — suggest the market is betting that the Israel-Iran attacks will not lead to a broader conflict in the Middle East. As we highlighted in a story…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks rebounded on Monday, and what’s on the radar for the next session. Oil West Texas Intermediate crude futures are up about 14% in the past month. Brent futures are up roughly 11% in a month but fell on Monday The Energy Select Sector SPDR Fund (XLE) is up 2.7% in the past month. Top performers in the past…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyStuart Kaiser, Citi head of equity trading strategy, joins ‘Fast Money’ to talk his investing game plan into the summer months.05:423 hours ago Source link
About two-thirds of newlyweds, 67%, say they took on debt to fund their big day, according to a March 2025 survey of over 1,000 brides and grooms from LendingTree. To some people, the choice may seem frivolous. The cake gets eaten, the flowers die, and you end up with a bill that collects interest. But there’s another way to look at it, says Matt Schulz, consumer finance analyst at Lending Tree. “To me, good debt is all about a return on your investment,” he says. “And that return on investment doesn’t have to be financial.”If having a certain kind of…
U.S. President Donald Trump is leaving the Group of Seven summit in Canada a day early due to the situation in the Middle East, the White House said on Monday.The G7 has struggled to find unity over conflicts in Ukraine and between Israel and Iran as Trump overtly expressed support for Russian President Vladimir Putin and has imposed tariffs on many of the allies present.Trump had earlier urged everyone to immediately evacuate Tehran, and reiterated that Iran should have signed a nuclear deal with the United States.”Much was accomplished, but because of what’s going on in the Middle East, President…
Sunset at Shinjuku , Tokyo – Japan.Xavierarnau | E+ | Getty ImagesAsia-Pacific markets were set open slightly higher Tuesday, as investors hope the Israel-Iran conflict might remain contained with Tehran reportedly signaling readiness to negotiate.Investors await the Bank of Japan’s policy verdict, with the BOJ expected to stand pat on interest rates at 0.5% in the face of an uncertain trade climate, as it concludes its two-day policy meeting later in the day.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 38,575 while its counterpart in Osaka last traded at 38,570, against the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJared Holz, Mizuho, joins ‘Fast Money’ to talk the fallout for Sarepta after another death related to its muscular dystrophy gene therapy.03:41an hour ago Source link
Equity and energy markets appeared to shake off concerns of a wider conflict in the Middle East on Monday, reversing some of the moves from late last week and suggesting that it may take significant military escalation to cause a more lasting sell-off. Traders who look beyond geopolitical issues are not unusual, and this conflict has yet to create the type of damage that has hurt markets in the past, said Henry Allen, London-based macro strategist at Deutsche Bank. “Historically, it’s only been when it’s affected macro variables like growth and inflation. So for markets, the geopolitical events that mattered…
OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025.Justin Sullivan | Getty Images News | Getty ImagesOpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools.The department announced the one-year contract on Monday, months after OpenAI said it would collaborate with defense technology startup Anduril to deploy advanced AI systems for “national security missions.””Under this award, the performer will develop prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,” the Defense Department said. It’s the first contract with…
