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: The S & P 500 is off to a muted start to the week, but the broad-based index has clawed back losses thanks to investors buying the dip in technology stocks. The tepid action follows Friday’s strong rally, which pushed the S & P Oscillator near overbought territory and may explain some of the modest giveback. The market hasn’t had much to react to in terms of headlines. A…
Author: usaeverydaylife
An aerial view of a cargo ship being loaded with shipping containers at the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty ImagesPostal carriers across Europe are planning to suspend some shipments to the U.S. as the nations prepare for the end of a longstanding trade rule.Certain shipments from Germany, Spain, France, Belgium, Sweden, Denmark, Finland, Norway and Switzerland are due to be paused in the coming days and weeks after President Donald Trump signed an executive order ending the century-old “de minimis” exemption.The trade policy, sometimes referred to as a “loophole,”…
Chinese technology stocks have asserted cyclical uptrends over the past year, joining U.S. tech names in the artificial intelligence bull market. One example is Alibaba (BABA) , which is in a bullish turnaround phase, evident in the rounded bottom that has formed on the chart since the stock bottomed in late 2022. Long-term momentum is positive for BABA per trend-following metrics like the monthly MACD and the 12-month moving average. BABA has also cleared the lower boundary of the monthly cloud model in a new bullish long-term catalyst. After a strong start to the year, BABA entered a corrective phase…
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, on May 3, 2025.Brendan McDermid | ReutersWarren Buffett is not in the market to buy another railroad but he met with the CEO of CSX earlier this month and discussed cooperation to make freight rail more efficient, he told CNBC’s Becky Quick on Monday.Berkshire Hathaway Chairman Buffett and CEO designate Greg Abel met with CSX CEO Joseph Hinrichs in Omaha on Aug. 3 in his office alone without any advisors present. They made clear to Hinrichs…
US President Donald Trump speaks to the press after signing an executive order that aims to end cashless bail, in the Oval Office of the White House in Washington, DC on August 25, 2025. Mandel Ngan | AFP | Getty ImagesPresident Donald Trump said Monday that the Department of Justice will sue California over Gov. Gavin Newsom’s efforts to draw a new, Democratic-leaning congressional map.The redistricting push in California was ignited by a similar effort underway in Texas to gerrymander key House districts to more heavily favor Republicans.”I think I’m going to be filing a lawsuit pretty soon, and I…
Here are the biggest calls on Wall Street on Monday: Goldman Sachs reiterates Nvidia as buy Goldman Sachs says the stock remains extremely well positioned. “To be clear, we remain very bullish on Nvidia’s prospects for driving outsized growth in 2026, based on positive hyperscaler CapEx commentary and the prospects for non-traditional customer demand we see.” Bank of America reiterates Apple as buy The firm acknowledged that despite reports there is no official iPhone event yet scheduled on Sept. 9 for Apple , investors should temper their expectations for the next cycle anyway. “Some media reports and tech websites are…
When Eric Thompson lost his job in October 2024 and started looking for a new one, he began a drawn-out battle with something many job seekers have come to know too well: the dreaded ghost job.He became so fed up with the practice that he’s put together a working group to propose the Truth in Job Advertising and Accountability Act, or federal legislation that would make the practice illegal.The first time Thompson, 53, heard the term “ghost job,” it was 2023 and his friend was discussing applying endlessly to openings and never hearing back. Could it be all the roles…
French Prime Minister Francois Bayrou will seek a high-stakes confidence vote in parliament on September 8 over unpopular plans to clean up France’s public finances.Bayrou’s move will gauge whether he has enough support in a fragmented parliament for his 44 billion euro ($51.51 billion) budget squeeze as he tries to tame a budget deficit that hit 5.8% of gross domestic product last year, nearly double the official EU limit of 3%.French Prime Minister Francois Bayrou.Sopa Images | Lightrocket | Getty ImagesIf he loses the confidence vote, Bayrou’s minority government will fall.”We face an immediate danger, which we must tackle ……
Goldman Sachs says Shoulder Innovations could have a massive growth runway ahead of it. The firm initiated coverage of the shoulder implants stock with a buy rating and a $20 per share price target in a Sunday note. Goldman’s forecast implies more than 57% upside from Friday’s $12.71 close. Shoulder Innovations went public late last month at $15 per share. The stock has slipped about 16% in August. Morgan Stanley, Goldman and Piper Sandler were the joint lead booking-running managers for the offering. Jefferies and BTIG also participated. Jefferies also began coverage of the stock Monday with a buy, while…
Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear, the move comes after President Donald Trump said the government will make more deals similar to the one made with Intel. Last month, the Pentagon became the largest shareholder in MP Materials . Apple — The iPhone maker traded higher even after two of Elon…
