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. Big Data Tomorrow Morning Personal income, consumer spending both come at 8:30am. Squawk Box will have live coverage of the numbers and the immediate market reaction. URA YTD mountain Global X Uranium ETF in 2025 Nuclear Stocks CNBC TV’s Pippa Stevens will report on the stocks in the nuclear industry. The Global X Uranium ETF fell 2% today but is up 13% in a week and 29%…
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Household brand Nike is not setting itself up for a successful turnaround, according to Josh Brown, CEO of Ritholtz Wealth Management and CNBC PRO contributor . The widely followed investor believes that the iconic footwear brand isn’t keeping up with the fierce competition as its celebrity spokespeople age out of popularity. The stock has fallen another 19% this year following a 30% loss in 2024. “The superstars that are all aging. LeBron James is in his 40s. Michael Jordan is 30 years retired,” Brown said on CNBC’s ” Halftime Report .” “I don’t even know what we do with something…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Investor pessimism rebounds and bullishness fades in latest AAII surveyPessimism rebounded in the latest survey of Main Street investors by the American Association of Individual Investors. Bearish opinion toward stocks over the next six months grew to 41.9% this week from 36.7% last week, above its historical average of 31.0% for the 26th time in 28 weeks.Bullish sentiment toward the short-term outlook dropped to 32.9% of poll respondents, down from 37.7% last week and below its historical average of 37.5% for the 16th time in 17 weeks. In a special question, nearly 64% of those surveyed said “tariffs, the economy…
Check out the companies making headlines in extended trading. Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain. Costco — The wholesale retailer reported quarterly results that beat analyst expectations, yet shares were little changed. The company earned $4.28 per share on revenue of $63. 2 billion. Analysts expected a profit of $4.24 per share on revenue of $63.19 billion. Same-store sales growth and gross margins were above estimates…
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty.”The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are disappointed with the results, we are taking actions to better position the company and drive stronger performance in the upcoming quarters. Our brands remain resilient. The team is executing with urgency as we look to strengthen both the topline and profit flow-through.”The Pittsburgh retailer’s results do…
As markets grapple with President Donald Trump’s evolving tariff policy, returns outside of the U.S. are looking especially attractive. Several region-specific exchange-traded funds are seeing a strong 2025, far outperforming the S & P 500 which is only marginally positive this year. Consider that the iShares China Large-Cap ETF (FXI) and the iShares Europe ETF (IEV) are scoring 2025 returns of 15.8% and 20.8%, respectively. The iShares MSCI Mexico ETF (EWW) and its Canadian counterpart (EWC) are also toting double-digit returns this year. This disparity in performance has unfolded as Trump’s trade policy sows uncertainty for investors, companies and the…
Eunice Yoon, CNBC Business News, joins ‘Fast Money’ to talk the sentiment in China over U.S. tariffs. Source link
Jakub Porzycki | Nurphoto | Getty ImagesThe SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency.In a Thursday filing in the U.S. District Court for the District of Columbia, lawyers for the SEC and Binance jointly moved to dismiss the case, which was first brought in June 2023. The case had accused the crypto exchange of illegally serving U.S. users, inflating trading volumes, and commingling customer funds.This is breaking news. Check back for updates. Source link
The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty ImagesStarbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to a memo obtained by CNBC.The town, home to Elon Musk’s SpaceX, is considering a new zoning ordinance and citywide map.The notice, sent to property owners in a proposed “Mixed Use District,” would allow for “residential, office, retail, and small-scale service uses.”Starbase plans to host a public…
