Dow futures rise 200 points as market set to wrap up a wild week, Apple shares pop

Stock futures rose in overnight trading on Thursday, buoyed by a jump in Apple shares, as Wall Street looks to end a busy week. Futures contracts on the Dow Jones Industrial Average gained 200 points. S&P 500 futures rose 0.8% and Nasdaq 100 futures jumped 1.3%. Apple shares rose nearly 5% in after-hours trading after … Read more

The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet

NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021’s top-performing hedge fund Senvest Management was able to notch $700 million in … Read more

McDonald’s, Blackstone, Netflix and others

Check out the companies making headlines before the bell: Comcast (CMCSA) — Parent company NBCUniversal and CNBC earned 77 adjusted cents per share for the fourth quarter, 4 cents above estimates, with revenue also higher than analysts’ expectations. Comcast also announced an 8% dividend increase and an increase in its stock buyback program to $10 … Read more

Treasury yields are mixed following Fed decision

US Treasury yields were mixed on Thursday morning, as investors continued to digest the Federal Reserve’s latest policy update. The yield on the benchmark 10-year Treasury note rose by less than basis point to 1.8495% at 3:45 am ET. The yield on the 30-year Treasury bond fell by 2 basis points to 2.1413%. Yields move … Read more

Global oil benchmark tops $90 for the first time since 2014

An oil pump at sunset in Daqing, Heilongjiang Province, China, on July 13, 2006. Lucas Chivers | Getty Images Brent crude futures, the global benchmark for oil, crossed $90 on Wednesday for the first time since 2014, fueling oil’s recovery since pandemic-era lows in April 2020. The high blow comes amid rising geopolitical tensions between … Read more

Microsoft, F5, Navient & more

Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on May 27, 2016. Charles Pertwee | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Texas Instruments — Shares of the semiconductor company popped more than 4% on the back of a better-than-expected quarterly revenue figure. Texas Instruments … Read more

Cramer says selling not done for tech stocks trading at high multiples to sales: ‘Those have had it’

Jim Cramer Scott Millian | CNBC It’s been a bloody few weeks for tech stocks that were once flying, and CNBC’s Jim Cramer believes there is still more carnage in some parts of the market. In a CNBC special report Monday night, the “Mad Money” host said, “Tomorrow you have to do some selling…if you … Read more

Stock futures are little changed after volatile session

US stock index futures fell in overnight trading on Monday, after a very volatile session that saw the Dow Jones drop more than 1,100 points to end the day in positive territory. Futures related to the Dow Jones Industrial Average lost 211 points, or 0.6%. S&P 500 futures were down 0.8%, while Nasdaq 100 futures … Read more

Stock futures rise following S&P 500’s worst week since March 2020

Trader on the floor of the New York Stock Exchange, January 21, 2022. CNBC Stock futures rose slightly in overnight trading on Sunday, after the S&P 500 index’s worst week since March 2020, as investors awaited more corporate earnings results and a major policy decision from the Federal Reserve. Dow Jones Industrial Average futures rose … Read more

Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says

US Federal Reserve Chairman Jerome Powell attends his re-nomination hearing at the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill, in Washington, US, January 11, 2022. Graeme Jennings | Reuters Accelerating inflation could cause the Federal Reserve to become more aggressive than economists expect in the way it raises interest rates this … Read more