Michael Burry added to bets on Chinese stocks last quarter — but there’s a catch
Michael Burry, the hedge-fund investor made famous by Michael Lewis’s book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he’s also making sure to protect his downside.
Why gold prices skidded from record highs to a losing streak in just two weeks
Gold went from setting records to a tough November losing streak. Here’s what changed.
Landry's CEO Fertitta becomes Wynn Resorts' largest individual shareholder with nearly 10% stake
Billionaire casino mogul and Landry's CEO Tilman Fertitta increases his stake in Wynn Resorts to 9.9%
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.
Hims & Hers’ stock tumbles on Amazon’s latest disruptive foray into healthcare
Amazon is now offering upfront pricing for virtual care for ailments such as men’s hair loss and ED.
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
A surging U.S. dollar is hammering emerging-market stocks and metals. Watch out.
The U.S. dollar remains an unabashed beneficiary of Donald Trump’s presidential election win — and it’s relentless rise is causing significant pain for some emerging-market assets and commodities.
Here's my playbook for how to invest in stocks during a Trump presidency
Let's be perfectly clear: Gaming this president is going to be hard. Lessons learned from the first time around can be our guide.
When clients show signs of dementia, what should financial advisers do?
Take steps now to avoid a financial mess later.
Biogen’s stock rises after E.U. regulator reverses negative view of Alzheimer’s drug
Biogen’s stock rose 1% Thursday, after Europe’s pharmaceutical regulator issued a positive opinion on the Alzheimer’s disease drug that the company developed with Japanese partner Eisai — reversing an earlier decision not to approve the drug.
This group of cryptocurrencies is starting to make a dent in demand for short-term Treasurys
Cryptocurrencies are making their way through the plumbing of the financial market — and one of the most interesting ways they’re doing this is by reaching into the U.S. government-debt market.
Here's why investors are so excited about Disney's quarterly results
After several quarters of underperformance and investor frustration, CEO Robert Iger's turnaround plans appear to be working.
Bitcoin could hit $100,000 by Inauguration Day, says crypto expert—what a Trump Presidency could mean for digital assets
Crypto experts say Republican control of Congress likely bodes well for the future of cryptocurrency.
Planning a Roth IRA conversion? Trump’s win and GOP trifecta could buy you more time to act.
The chances are “‘pretty high” that income-tax rates will stay where they are after 2025, one expert said.
Diamond Sports reaches key milestone toward exiting bankruptcy
A bankruptcy judge approved Diamond Sports' reorganization plan on Thursday, paving the way for the regional sports networks' owner to exit chapter 11.
Bessent or Lutnick? Support for tariffs looks key as Trump weighs Treasury pick
Trump appears to be choosing between hedge-fund manager Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick, though other names remain in the mix as well for the job.
Here’s why the FBI seized Polymarket founder’s phone
The Federal Bureau of Investigation seized the phone of Polymarket founder and CEO Shayne Coplan Wednesday, setting off a wave of complaint from crypto boosters who say the raid was politically motivated.
Nvidia tops list of favored S&P 500 stocks on expected sales growth through 2026
Other expected highfliers include KKR, AMD, Microsoft and Live Nation.
Will Super Micro get booted from the S&P 500? That may come before a delisting.
Super Micro shares are down more than 80% since the company joined the S&P 500 in March. That poor performance could catch the eye of the index committee, an expert said.
Off-price retailers could thrive, BofA says, citing this bullish data point
BofA analysts reiterated buy ratings on Burlington Stores Inc., Ross Stores Inc. and TJX Cos. Thursday, ahead of the discount retailers’ coming third-quarter earnings, and said they expect all three to continue to attract core and trade-down consumers.
Some voters retain optimism for a woman president following Trump's win: 'Americans are ready, it just wasn't meant to be Harris'
Despite the historic potential of Harris' campaign, the idea of electing the first female president didn’t strongly motivate voters.
‘I handle my dad’s finances’: My father is in a nursing home and will get $100K in compensation. What should I do with it?
“I’ve thought about CDs, money-market and mutual funds.”
Gaetz as Trump’s AG seen as bullish for pot stocks, but confirmation looks unlikely
If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.
Here are our top 5 performing stocks since October's Monthly Meeting
Donald Trump's presidential election victory and the Fed's policy decisions have been front and center since our last monthly gathering.
‘DJT’ stock flattens out as investors take in Trump’s cabinet moves
There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.
Gary Gensler reviews his accomplishments, says he was 'proud to serve' as SEC Chair
In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.
10-, 30-year Treasury yields fall from 4-month highs ahead of Powell appearance
Treasury yields broadly fell Thursday morning as traders looked past a rise in U.S. wholesale prices for October and waited for fresh comments from Federal Reserve Chair Jerome Powell later in the session.
‘I’m 38 and completely broke’: I earn $50,000 a year. What professional degree will guarantee me six figures?
“I am willing to put in an extra 1 to 4 years of schooling and use student loans to pay for it.”
Tesla should sell its stock after the big post-election run up, analyst says
Tesla should take advantage of its stock’s post-election surge to raise capital by selling shares, a Jefferies analyst says.
What's the most you should pay for housing? Here's a breakdown by salary, from $30,000 a year to $120,000
A breakdown of what your housing costs should be based on how much you earn.
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad.
Greenlight's David Einhorn says the markets are broken and getting worse
Einhorn's frustration with passive investing is understandable. Academic research has long supported the belief that, in the long run, value outperforms growth.
The average amount Americans have saved for retirement in every U.S. state—see how you compare
Retirement savers in one state have the most saved up, on average, in the U.S.. Here is the average household retirement account balance for nearly every state.
Intuitive Machines’ stock skyrockets as Q3 revenue more than triples and NASA fuels record backlog
The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon’s surface.
General Mills is buying its fifth pet food business. Here’s why it could fetch more growth.
From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.
Jobless claims fall to lowest level since May
Claims drop 4,000 to 217,000, fourth drop in past five weeks
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.
Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.
Advance Auto Parts to close more than 500 stores, exit 200 other locations
Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.
Will a big firm managing your money boost your odds of financial success?
Bigger may not be better — or it may be just what you need — but there are other factors.
Why no more than 60% of your retirement money belongs in stocks
Bonds have kept pace with stocks throughout U.S. market history.
Disney’s stock surges as streaming profits grow and film releases shine
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.
Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says
A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.
Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
Oil prices consolidate after sinking on surging dollar; IEA sees 2025 crude glut
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a forecast from the International Energy Agency and awaited U.S. inventories data.
Surging diabetes rate underscores vast opportunity in weight-loss drugs
The number of adults diagnosed with diabetes has more than quadrupled since 1990 and now stands above 800 million, according to new data released in The Lancet on World Diabetes Day.
Trump’s ‘drill, baby, drill’ pledge may be a win-win for drivers and oil producers alike
President-elect Donald Trump’s pro-energy policies don’t seem all that supportive for the oil market — at first glance.
It’s not just election betting: Why one expert thinks prediction markets will become bigger than stocks
Event contracts give markets a way to price in an uncertain future, says Interactive Brokers founder Thomas Peterffy.
Republicans clinch control of House, setting stage for quicker action on extending tax cuts
Republicans are poised to keep their hold on the House in the new year, as the AP just called enough House races in their favor. Having scored a sweep in this month’s election, the party is expected to focus on the upcoming expiration of their 2017 tax cuts, along with other tax-policy priorities.
Dow shrugs off new inflation data. Bond yields suggest it’s ‘top of mind’ for 2025.
The U.S. election has sharpened investors’ focus on inflation as they weighed the latest CPI data.
Why one economist says Elon Musk could hold the key to lower mortgage rates
Could Elon Musk hold the key to lower mortgage rates?
Jim Cramer reviews ten stocks that are up more than 200% so far this year
CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year, including Cava, Palantir and Carvana.
Ben Affleck touts groundbreaking approach to bring actors and the business side together
"It's for people who are willing to bet effectively on themselves," Affleck said Wednesday at CNBC's Delivering Alpha conference
Vanguard Group increases GameStop position, surpassing CEO Ryan Cohen’s stake
The asset-management giant has grown its stake in videogame retailer and original meme stock.
Where crypto ETFs can go next during a second Trump term
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
Investment firm stole $658 million in a Ponzi scheme targeting conservatives and immigrants
Using celebrity endorsers like Bill O’Reilly and buying ads targeting conservatives and immigrants, a New Jersey real-estate investment company promised huge returns but stole millions.
Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts
The buy-now-pay-later company aims to tap into a revival of interest in stocks like Affirm and SoFi.
Cisco sees product orders accelerate in the AI era
Networking company sees a 20% boost in product orders for the latest quarter.
NFL star Odell Beckham Jr. took his 2021 salary in bitcoin. Here’s how much it’s worth now.
‘Who said taking my salary in bitcoin was dumb?’ he asks now
Our lone oil-and-gas stock strikes 2 smart deals — plus, AMD sharpens its AI focus
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Homebuilder deal activity is surging, fueled by major Japanese buyers
Strong demand for new housing has smaller builders ripe for takeover. The Japanese are big players because their cost of capital is low.
These teachers, firefighters, and other government workers are missing out on Social Security. This House-passed bill could help.
Millions of public-sector workers are affected by the Windfall Elimination Provision and Government Pension Offset.
Beverly Hills surgeon sues Medtronic for patent infringement
The lawsuit, filed Tuesday in U.S. District Court in Delaware, is the latest in a series of patent challenges against Medtronic.
Nasdaq CEO shares the best investing advice she's given her own son: It’s a ‘foundational element of wealth creation’
Nasdaq CEO Adena Friedman has a three-word piece of money advice for anyone who finds the investment market daunting. It's the same thing she taught her own sons.
Americans’ $1 trillion credit-card debt problem is inching in the right direction as inflation eases
Americans are still building up their credit-card balances, but they’re doing a better job paying those bills on time — and it could be sign that inflation’s bite is easing.
Fight over semi-automated cranes leads to breakdown in East and Gulf Coast port talks aimed at avoiding a new strike
With roughly two months before union workers at East and Gulf Coast ports may begin a new strike, a fight over automated technology is slowing negotiations.
AMD to lay off 4% of workforce, or about 1,000 employees
At the end of last year, AMD had 26,000 employees, according to an SEC filing.
‘I’m young, debt-free and happy-go-lucky’: My boyfriend has $45,000 in debts, two houses, two kids and pays child support. Is he a safe bet to marry?
“Lately, we’ve been discussing the future, including marriage.”
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.
Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
President-elect Donald Trump holds the majority of stock in Trump Media. DJT shares have dramatically fluctuated in value since becoming publicly traded
Analysts are conflicted on industrials — and why we disagree with a sell call on Starbucks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Can my son live in my home permanently after my death? Or will he have to share it with his siblings?
A trust has many options, but you have to make some hard decisions first
This biotech’s stock could double if its treatment for major depressive disorder succeeds, says Mizuho
Mizuho reiterated its bullish stance on biotech Neumora Therapeutics Inc. on Wednesday, and predicted a positive outcome when the company reports data from a late-stage trial of its treatment for major depressive disorder, or MDD, later this year.
10-year Treasury yield is little changed after tame inflation report
Investors assessed a key inflation reading that came in as expected.
MARA’s moves beyond bitcoin mining may be good business, but bad for the stock
MARA’s stock falls as J.P. Morgan recommends selling in wake of the bitcoin miner’s quarterly results.
Nvidia earnings are a test for chip stocks as software has stolen the limelight
Nvidia’s earnings could give a jolt to other AI semiconductor plays if the outlook impresses, but don’t expect software stocks to lose shine during a seasonally strong quarter.
Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $91,000 following slightly higher October inflation data Wednesday.
Will bitcoin keep going up? 3 warning signs it could start dropping soon.
Bitcoin’s rally may still have room to run, but the cryptocurrency is likely to face a major pullback in the coming days if history repeats itself, according to analysts at Glassnode.
Buy now, pay later giant Klarna files for U.S. IPO
Klarna, which is known for its popular "buy now, pay later" business, has filed IPO documents with the U.S. Securities and Exchange Commission.
Planet Fitness loses 11th hour bid to acquire bankrupt Blink
A bankruptcy court judge said accepting PureGym's offer to acquire Blink would avoid antitrust risks.
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
The future could see more megamergers, middle-market deals and initial public offerings.
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit is expected to file for bankruptcy in the coming weeks.
Super Micro’s stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.
Jim Cramer's top 10 things to watch in the stock market Wednesday
Inflation and the Fed are key to markets. But what about Donald Trump's new regime?
Elon Musk will attend Trump's first post-election meeting with House Republicans in D.C.
Tesla and SpaceX CEO Elon Musk was one of the top backers of President-elect Donald Trump's winning campaign against Vice President Kamala Harris.
Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to purchase Summa Health for $485 million.
Oil prices consolidate after U.S. benchmark’s pullback below $70 a barrel
Oil futures were marginally higher early Wednesday.
Rocket Lab stock soars amid strong momentum for the space-launch company’s Electron rocket
Shares of Rocket Lab USA Inc. are up 23.7% in premarket trades after the space-launch company highlighted strong demand for its Electron rocket during its third-quarter results Tuesday.
Starbucks’ turnaround plan has ‘merit’ but its unknown cost makes the stock a ‘sell,’ analyst says
Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.
Cava is riding a strong wave, but the stock’s quadrupling in 2024 has analysts wary
Cava Group Inc., the Mediterranean-focused fast-casual restaurant chain, is riding a strong wave that shows no sign of cresting with its latest earnings beating Wall Street estimates on every metric, sending the stock up 16% early Wednesday.
Why the stock market’s ‘Trump bump’ could become a ‘Trump dump’
Are you sure you know more about the stock market than Warren Buffett?
Trump just might be able to impose higher tariffs without starting a trade war
The president-elect’s trade policies are still uncertain. But here are some potential pros and cons.
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.
This is what history shows after big stock-market jumps like this one
There have been eight instances of 36%+ S&P 500 rallies over 52 weeks since 1995
The ‘Trump bump’ added $75,000 to my $1.3 million portfolio. I’m 39. Should I retire early and move to Europe?
“I have my eyes set on either Italy or Spain next year, where the cost of living is roughly half of what it would be in the U.S.”
Ivanka Trump has been living the high life in her $24 million Miami megamansion since she left politics
Since 2021, Ivanka has pursued a celebrity lifestyle, traveling the world, attending red carpet events, and renovating the mansion.
TikTok influencer Loren Gray on the challenges of living in a 300-year-old house with spiders
Gray says the Pennsylvania property has no built-in closets, leaving her to take drastic measures to find space for her collection of shoes and clothing.
Treasury yields dip from four-month highs ahead of U.S. inflation data
Bond yields retreated from their highest levels since July, as traders awaited the U.S. consumer prices report.
Grubhub to be sold for a fraction of what Just Eat Takeaway paid in 2021
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago
