The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Author: usaeverydaylife
The S&P 500 and the Dow Industrials snapped a four-day losing run on Tuesday. Here’s what CNBC is watching going into Wednesday. Source link
From the Maldives to Bali to the Cayman Islands, Marc LeBlanc and Laura Robinson have lived and worked in places that most people dream of visiting.They work in the hospitality industry — a journey that LeBlanc, who is Canadian, began at 16 years old when he accepted a job as a dishwasher at a hotel. He worked his way up to bellman, then to the reservations desk, before pursuing a degree in hotel management.Robinson, who is British, studied marine biology and worked as a diving instructor before transitioning to hotel leadership. The couple met while working in the Cayman Islands and…
Looking for another leg higher in stocks this summer? JPMorgan thinks investors should pump the breaks. Fabio Bassi, the bank’s head of cross-asset strategy, warned the S & P 500 could “remain rangebound, with limited short-term upside.” He added: “The rally to our bull case scenario of 5,800 for S & P 500 has played out, but from here we expect a consolidation and range-bound dynamic.” Indeed, the S & P 500 has surged 20% since hitting an intraday low on April 7, as investor sentiment recovered after the “liberation day” tariff shock that sent global markets tumbling. The benchmark…
The ‘Fast Money’ traders talk investing in the WNBA. Source link
Two years ago this month, Nvidia shocked investors with sales guidance beyond anybody’s wildest dreams, accelerating the stock’s epic run. The seemingly unstoppable Club name hit turbulence earlier this year before clawing its way back into the green. The next test of its recovery rally comes Wednesday evening. The leading maker of artificial intelligence chips is set to release its fiscal 2026 first-quarter results after Wednesday’s closing bell. Once again, anticipation is high after an eventful few months for Nvidia and the market overall amid President Donald Trump ‘s tariff war and concerns about an economic downturn. Nvidia stock got…
Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark’s “Home & Family” at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty ImagesPresident Donald Trump said Tuesday that he will pardon reality television stars Todd and Julie Chrisley, who were convicted of tax evasion and bank fraud, and sentenced to several years behind bars.”It’s a terrible thing, but it’s a great thing because your parents are going to be free and clean,” Trump said on a phone call with the couple’s daughter, Savannah Chrisley.”I hope we can do it by tomorrow,”…
Jeremy Allaire, co-founder and CEO of Circle, speaks at the 2025 TIME100 Summit in New York on April 23, 2025.Jemal Countess | TIME | Getty ImagesStablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That’s not the only unusual aspect of its IPO.In Circle’s updated prospectus on Tuesday, the company said it would sell 9.6 million shares in the offering, while existing shareholders would sell 14.4 million shares. It’s exceedingly rare in a tech IPO for more shares to come from investors than the company.Facebook was one of the few…
UBS says LifeStance Health stock is undervalued compared to the company’s performance. The firm upgraded shares of the outpatient behavioral health services to buy from neutral on Sunday, and reiterated its $8.50 per share price target. UBS’ forecast implies more than 54% upside from Friday’s $5.49 close. LifeStance shares rose more than 6% in early trading. Analyst Kevin Caliendo says investors may be overlooking the stock over concerns tied to conservative current quarter and full-year earnings guidance from the executives in LifeStance’s most recent earnings release, as well as a change from a stock-to-cash incentive program. He also pointed to…
The ‘Fast Money’ traders talk how to play Nvidia ahead of earnings. Source link
