Interactive Brokers is a stock that should be on Wall Street’s watchlist, according to Josh Brown of Ritholtz Wealth Management. “That’s on my best stocks list. I think that’s going way higher.” the firm’s CEO said on CNBC’s ” Halftime Report ” on Tuesday, referring to Interactive Brokers. “Just looking at the way Schwab and Robinhood have been treated, I think that stock should get a bigger rally. And there are tons of those stories everywhere I look in the sector, so I think it’s going to continue to work. I think you want to be in financials into end…
Author: usaeverydaylife
Opendoor Technologies attracted sudden interest among Reddit-obsessed retail traders, who pushed up the stock price by threefold in days, but the speculative run ran out of steam on Tuesday.The online real estate startup saw shares sliding more than 12% Tuesday after surging 24% earlier in the day. It had surged more than 42% in Monday’s session with trading halted multiple times due to volatility.Stock Chart IconStock chart iconOpendoor, 1 dayThe meme cohort appeared to be focused on Kohl’s, with shares jumping about 40% Tuesday. Half of Kohl’s float shares are sold short, according to FactSet.Opendoor, which had been trading mostly…
German Adrasti | E+ | Getty ImagesWhile the national conversation around AI often fixates on large corporations and Silicon Valley breakthroughs, AI’s impact is also a reality on Main Street. AI is rapidly transforming small businesses and the shift goes beyond just boosting productivity to directly influencing staffing decisions and day-to-day operations. Small business owners across the U.S. are actively embracing AI, and their future plans reveal a clear commitment to the technology. Our latest quarterly CNBC|SurveyMonkey Small Business Survey reveals the majority (71%) of owners who currently use AI plan on increasing investment, and some (17%) of those not yet…
Investors are raving about “neoclouds” and what their emergence means for the artificial intelligence boom. However, some warning signs are starting to flash. Neoclouds are companies specializing in AI cloud computing. Unlike traditional hyperscalers such as Amazon and Microsoft, these bespoke companies are viewed as attractive alternatives as they install and manage AI hardware and software in a faster and more tailored, cost-effective and potentially more energy-efficient way for clients. CoreWeave , which had its IPO in late March, is the largest publicly traded neocloud. Nebius is an up-and-coming name. A swathe of private neocloud companies such as Lambda and Crusoe…
A Kohl’s store in Pleasant Hill, California, on Nov. 25, 2024.Bloomberg | Bloomberg | Getty ImagesShares of Kohl’s surged on Tuesday morning in volatile trading that echoed the meme stock rallies of recent years.The legacy department store’s stock more than doubled from Monday’s close of $10.42 per share, only to see those gains wiped out about a half an hour after markets opened. Trading in the stock was temporarily halted at one point Tuesday morning.Still, shares were trading more than 40% higher before 2 p.m. ET. Meanwhile, the trading volume by late morning Tuesday was almost 17 times higher than the…
U.S. President Donald Trump and Philippine President Ferdinand Marcos Jr., meet in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | ReutersPresident Donald Trump said Tuesday that the U.S. has “concluded” a trade deal with the Philippines that includes a 19% tariff on goods imported from the southeast Asian country.Manila will not impose tariffs on U.S. goods as part of the deal, according to Trump, who praised the country for what he described as “going OPEN MARKET with the United States.””In addition, we will work together Militarily,” Trump said in a Truth…
Chip Somodevilla | Getty Images News | Getty ImagesIt’s often said that the economic reality on Main Street doesn’t match the mood on Wall Street, but right now small business owners are matching the market with increased confidence after a rocky start to 2025.After a significant decline in small business confidence in the second quarter amid President Trump’s tariffs policy pronouncements, nearly half of small business owners (46%) now say that the economy is “excellent” or “good”, up from 30% in Q2, according to the quarterly CNBC|SurveyMonkey Small Business Survey.The improved sentiment extends across party lines, with 24% of small…
President Donald Trump on Tuesday continued his barrage of criticism against the Federal Reserve but seemed to take a step back from any lingering plans to fire Chair Jerome Powell.”I think he’s done a bad job, but he’s going to be out pretty soon anyway,” Trump told reporters during a White House exchange. “Eight months, he’ll be out.”The exchange came amid continued speculation over Powell’s job security and legal questions over what authority Trump has to remove the central bank leader.Going back to his first term in office when he appointed Powell, Trump has repeatedly criticized the Fed for an…
This week, I’m once again using a debit spread for my trade on GLD — but with a different approach to identifying the setup. At times, stocks enter a prolonged sideways grind — a phase where price action stalls and volatility dries up. These periods of consolidation can drag on for weeks or even months, testing a trader’s patience. And sometimes, the best move during these phases is no move at all — sitting in cash and waiting for cleaner setups to emerge. But these quiet stretches don’t last forever. What traders call a “squeeze” often develops during low-volatility conditions…
Mustafa Suleyman, CEO of Microsoft AI, speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025.David Ryder | Bloomberg | Getty ImagesMicrosoft has hired around two dozen employees from Alphabet’s Google DeepMind artificial intelligence research lab in recent months, a person familiar with the recruiting told CNBC.The person asked not to be named in order to discuss internal matters.On Tuesday, Amar Subramanya, who worked at Google for 16 years, most recently as a vice president of engineering developing the Gemini assistant, said on LinkedIn that he has joined Microsoft…
