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Breaking News: Markets

Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

by Adrian Jhonsan
Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

CFOTO | Future Publishing | Getty Images Nvidia last week announced a 10-for-1 stock split which will bring its share price from over $1,000 to a more affordable level for …

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Categories World

Time is ‘ripe’ to cut rates next week: European Central Bank’s Rehn

by Adrian Jhonsan
Time is ‘ripe’ to cut rates next week: European Central Bank’s Rehn

Two key European Central Bank figures on Monday threw their weight behind the prospect of an interest rate cut next week, indicating that it is practically a done deal. In …

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Categories World

History shows how election can impact stocks

by Adrian Jhonsan
History shows how election can impact stocks

Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. Jeff Overs | BBC News & Current Affairs …

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Categories World

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

by Adrian Jhonsan
Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

Michael Arougheti, Ares Management Corporation Co-Founder, CEO & President Adam Jeffery | CNBC The explosion of private credit has been met with a whole host of concerns, but among the …

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Categories World

Costco earnings and 3 others and the Fed’s favorite inflation gauge

by Adrian Jhonsan
Costco earnings and 3 others and the Fed’s favorite inflation gauge

There was a good deal of divergence this week as higher bond yields on a hotter-than-expected reading on manufacturing activity slammed the economically sensitive Dow Jones Industrial Average , while …

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Categories World

Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

by Adrian Jhonsan
Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Investors who ran from Turkey in droves over the last several years may want to …

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Categories World

Eli Lilly big GLP-1 investment — plus, CRM, BBY, FL, COST earnings next week

by Shawn Butlere
Eli Lilly big GLP-1 investment — plus, CRM, BBY, FL, COST earnings next week

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing …

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Categories Health

Biden gasoline sale won’t impact pump prices

by Milton Acorn
Biden gasoline sale won’t impact pump prices

Drivers sit in traffic on southbound Interstate 5 during the afternoon commute heading into downtown San Diego on March 12, 2024 in San Diego, California. Kevin Carter | Getty Images …

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Categories Science

Oil prices hit three-month lows, head for weekly loss

by Milton Acorn
Oil prices hit three-month lows, head for weekly loss

A Shell gas station in Austin, Texas, on May 3, 2024. Brandon Bell | Getty Images Crude oil futures fell to three-month lows on Friday and are heading to a …

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Categories Science

Ether slips after SEC opens the door to ether ETFs, still heads for best week in more than a year

by Ev Richard
Ether slips after SEC opens the door to ether ETFs, still heads for best week in more than a year

Nikos Pekiaridis | Nurphoto | Getty Images Ether slipped on Friday even after the Securities and Exchange Commission approved a rule change that will pave the way for exchange traded …

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Categories Technology
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