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Trump Rings NYSE Opening Bell, Says Economy 'Is Going To Be Very Strong'
Thursday, December 12, 2024 - 11:26am | 695President-elect Donald Trump rang the New York Stock Exchange opening bell Thursday, marking a high-profile appearance after winning the 2024 election. Trump also used the occasion to thank TIME magazine for naming him the 2024 Person of the Year. What Happened: Flanked by key picks for his...
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ChatGPT Writes Palantir Analyst Note Warning Of AI Competition: Why Jim Cramer Sees It As Buy Signal For Nvidia Stock
Thursday, March 2, 2023 - 12:54pm | 588DA Davidson initiated coverage on Palantir Technologies (NYSE:PLTR) Wednesday morning — or did they? The entire note was written by ChatGPT. The analyst firm just simply fact checked it. What To Know: DA Davidson initiated Palantir with a Neutral rating and set an $8 price...
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Interactive Brokers Founder Talks Crypto Trading On Platform, Crypto For Payments
Thursday, September 16, 2021 - 1:56pm | 461Interactive Brokers Group Inc (NASDAQ: IBKR) announced the launch of cryptocurrency trading earlier this week. The launch was in response to client demand, Interactive Brokers chairman and founder Thomas Peterffy said Thursday on CNBC's "TechCheck." The company has been...
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Could This Explain The Recent Volatility In AMC And GameStop?
Thursday, July 15, 2021 - 12:16pm | 391The CNBC panel discussed potential reasons for the recent volatility in AMC Entertainment Holdings Inc (NYSE: AMC) and GameStop Corp (NYSE: GME) Thursday on "Squawk On The Street." What They Said About AMC: There are people who want to break AMC, Jim Cramer said, adding...
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October 28 Is Best Trading Day Of Year Statistically, Kicks Off Best 6 Months For S&P 500
Wednesday, October 28, 2020 - 7:15am | 453If you’re reading this on October 28, you’ll be happy to know that today is statistically the best trading day of the year. The S&P 500 has posted the largest gain on October 28 dating back to 1950. What To Know: CNBC's Carl Quintanilla shared a chart from LPL Financial advisor...
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Facebook Lost $120 Billion In Market Cap: Here's Some Perspective
Thursday, July 26, 2018 - 4:00pm | 641Facebook, Inc. (NASDAQ: FB) plunged 19 percent Thursday after the company’s second-quarter earnings report. Incredibly, the earnings crash shaved more than $120 billion off of the company’s market cap in a matter of hours. Experts React Facebook’s disastrous day has been the talk...
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10 Financial Twitter Names To Follow In 2018
Friday, December 29, 2017 - 4:05pm | 1656It's that time of the year again. As we head in 2018, it's time to reassess your financial strategy and who you follow and where you are getting information plays an important role in your decision making, subconsciously or not. Twitter Inc (NYSE: TWTR) has emerged as a critical platform...
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The Case For Why Apple Should Buy Disney
Thursday, April 13, 2017 - 8:29am | 419Here's a thought: Apple Inc. (NASDAQ: AAPL) should use its giant trove of cash to acquire Walt Disney Co (NYSE: DIS). Sounds crazy, right? Not so much when considering this idea has been floated before but is now being given serious thought from Wall Street analysts. CNBC's Carl Quintanilla...
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Massive Layoffs In Retail May Be Approaching
Friday, April 7, 2017 - 9:41am | 751Reflecting the precarious existence of brick-and-mortar stores, Cowen Research said in a note it sees the possibility of closure of 2,000 stores in its universe alone, according to a tweet by Carl Quintanilla of CNBC. .@CowenResearch has an 80-page report on retailers, saying 2,000 stores may...
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How The Biggest Tech IPOs Traded On Their First Day
Thursday, March 2, 2017 - 12:46pm | 525Snap Inc (NYSE: SNAP) is making its highly-anticipated market debut Thursday after the company’s IPO priced at $17, higher than anticipated. The public-market debuts of major Silicon Valley giants can be extremely unpredictable, but they are typically extremely volatile. Related Link: The...
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Trump Cheers The Market's Bull Run, But How Optimistic Are We?
Thursday, February 16, 2017 - 11:59am | 568On Thursday morning, President Trump took to Twitter to give himself a pat on the back for the stock market’s post-election bull run. The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up 9.5 percent since Election Day and is trading at new all-time highs. The bull market has certainly picked...
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6 Biggest Foreign Acquisitions Of American Companies In History
Tuesday, February 14, 2017 - 11:20am | 393U.K. company Reckitt Benckiser Group plc has delivered the largest M&A deal so far in 2017 by announcing a $19 billion buyout of U.S. company Mead Johnson Nutrition CO (NYSE: MJN). According to CNBC’s Carl Quintanilla, the Mead Johnson buyout is the fourth-largest foreign buyout of a U.S...
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How The Market Performed The First Month Of Every Presidency Since Eisenhower
Monday, February 13, 2017 - 4:02pm | 459President Donald Trump hasn’t even been on office for a month yet, but he has already made a number of controversial policy decisions. Trump has announced that he will begin construction on the border wall with Mexico within months, he has instituted a 90-day travel ban from seven majority-...
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Top 10 S&P Stocks Of The Obama Presidency
Wednesday, January 11, 2017 - 11:34am | 491Outgoing president Barack Obama is almost hitting the homestretch of his presidency. Economically, Obama's tenure was characterized by steadiness, although lacking the verve of a buoyant phase. The performance can still be qualified as commendable, given the precarious situation the economy was in...
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Disney's Distribution Revenue Earns Stock Another Upgrade
Friday, January 6, 2017 - 9:56am | 284Shares of Walt Disney Co (NYSE: DIS) hit a new 52-week high of $107.62 on Thursday as investor attitude towards the media empire continues to improve amid a notable upgrade from Vijay Jayant of Evercore earlier this week. Jayant argued that Disney is well positioned to benefit from many macro-...