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Markets

Watch live: U.S. House Speaker Kevin McCarthy speaks on the debt ceiling
  • Politics

Watch live: U.S. House Speaker Kevin McCarthy speaks on the debt ceiling

(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday…

  • Published: February 6, 202310:29 pm
  • Author Lenexworld
Why all the big bank equity analysts think the market is going to drop
  • Business

Why all the big bank equity analysts think the market is going to drop

After a stellar start to 2023, many big bank analysts are skeptical that this rally can continue and urge investors to prepare for another leg lower. All the major averages posted…

  • Published: February 6, 20238:17 pm
  • Author Lenexworld
Bitcoin struggles around ,000 level as new-year rally loses steam
  • Business

Bitcoin struggles around $23,000 level as new-year rally loses steam

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a…

  • Published: February 6, 20236:21 pm
  • Author Lenexworld
Markets may be taking the wrong read from January’s shocking jobs report
  • Business

Markets may be taking the wrong read from January’s shocking jobs report

January’s blockbuster jobs report does little to change the narrative for the economy or Federal Reserve monetary policy, according to views from multiple Wall Street…

  • Published: February 6, 20234:33 pm
  • Author Lenexworld
Tesla just ignited a price war in electric vehicles. Investors should see it as an opportunity
  • Business

Tesla just ignited a price war in electric vehicles. Investors should see it as an opportunity

When Tesla slashed the prices of some of its electric vehicles at the start of the year, it jolted the auto industry and kicked off the start of a price war – weeks later, Ford…

  • Published: February 6, 20233:26 pm
  • Author Lenexworld
Criminals use Telegram to recruit ‘walkers’ as America’s big banks see an 84% increase in check fraud
  • Politics

Criminals use Telegram to recruit ‘walkers’ as America’s big banks see an 84% increase in check fraud

Dmitry Feoktistov | TASS | Getty Images A screenshot posted to the messaging platform Telegram shows a bank receipt confirming a $24,000 check deposit. “I’m happy I…

  • Published: February 6, 20232:44 pm
  • Author Lenexworld
Raymond James downgrades PayPal, cites concern over potential market share decline
  • Business

Raymond James downgrades PayPal, cites concern over potential market share decline

Raymond James is bearish on PayPal despite its strong start in 2023. Analyst John Davis downgraded PayPal shares to market perform from outperform, saying that he expects…

  • Published: February 6, 20232:36 pm
  • Author Lenexworld
Judge could take months to decide case of Castro-era Cuban debt
  • Business

Judge could take months to decide case of Castro-era Cuban debt

Fidel Castro observes the May Day parade at the Revolution Square in Havana, Cuba May 1, 1998. Sven Creutzmann | Mambo Photography | Getty Images Can the Cuban government be sued…

  • Published: February 6, 20232:26 pm
  • Author Lenexworld
Jim Cramer’s top 10 things to watch in the market Monday: Stocks slump, off-price retail boost
  • Business

Jim Cramer’s top 10 things to watch in the market Monday: Stocks slump, off-price retail boost

My top 10 things to watch Monday, Feb. 6 1. Goldman Sachs’ David Kostin offers conventional, well-loved wisdom: the Fed engineers soft landing and it’s already priced…

  • Published: February 6, 20232:19 pm
  • Author Lenexworld
Wells Fargo upgrades Spotify, says stock can rally nearly 50% as margins expand
  • Business

Wells Fargo upgrades Spotify, says stock can rally nearly 50% as margins expand

It’s time to jump back into the Spotify bandwagon, according to Wells Fargo. Analyst Steven Cahall upgraded the audio streaming stock to to overweight from equal weight,…

  • Published: February 6, 20231:44 pm
  • Author Lenexworld
Here are the big trends to watch at the Exchange ETF conference this week
  • Business

Here are the big trends to watch at the Exchange ETF conference this week

This is what everyone is talking about at the Exchange ETF conference in Miami Beach and what it means for the market.

  • Published: February 6, 20231:39 pm
  • Author Lenexworld
Here are Monday’s biggest analyst calls: Apple, Tesla, Amazon, Netflix, Spotify, Disney, Uber & more
  • Business

Here are Monday’s biggest analyst calls: Apple, Tesla, Amazon, Netflix, Spotify, Disney, Uber & more

Here are Monday’s biggest calls on Wall Street: Jefferies reiterates Netflix as buy Jefferies said its recent survey checks show that Netflix should be able to retain users…

  • Published: February 6, 20231:30 pm
  • Author Lenexworld
Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children’s Place and more
  • Business

Stocks making the biggest moves premarket: Tyson Foods, PayPal, Children’s Place and more

Tyson food meat products are shown in this photo illustration in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in premarket trading. Tyson…

  • Published: February 6, 202312:48 pm
  • Author Lenexworld
Bernstein upgrades Diageo, says spirits giant can rally nearly 30%
  • Business

Bernstein upgrades Diageo, says spirits giant can rally nearly 30%

Bernstein is getting bullish on Diageo . Analysts Trevor Stirling upgraded the Johnnie Walker and Ketel One parent to outperform from market perform. He also hiked his price…

  • Published: February 6, 202312:28 pm
  • Author Lenexworld
5 things to know before the stock market opens Monday
  • Business

5 things to know before the stock market opens Monday

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City. Michael M. Santiago | Getty Images Here are the most…

  • Published: February 6, 202311:55 am
  • Author Lenexworld
Morgan Stanley says Disney can surge 35% as a strong consumer drives park revenue
  • Business

Morgan Stanley says Disney can surge 35% as a strong consumer drives park revenue

Shares for Disney could see big gains going forward, according to Morgan Stanley. Analyst Benjamin Swinburne reiterated his overweight rating on Disney ahead of its earnings…

  • Published: February 6, 202311:41 am
  • Author Lenexworld
China urges calm after U.S. shoots down suspected spy balloon
  • Business

China urges calm after U.S. shoots down suspected spy balloon

“What I want to emphasize regarding this unexpected accident is that both sides, especially the U.S., should remain calm,” said China’s Ministry of Foreign…

  • Published: February 6, 202310:22 am
  • Author Lenexworld
Adani rout deepens despite soothing words from India’s government and billionaires
  • Business

Adani rout deepens despite soothing words from India’s government and billionaires

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February…

  • Published: February 6, 20236:38 am
  • Author Lenexworld
Huawei turns to patents for a lifeline — including those in the U.S.
  • Business

Huawei turns to patents for a lifeline — including those in the U.S.

Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant…

  • Published: February 6, 20233:06 am
  • Author Lenexworld
January’s U.S. jobs reports was stunningly good
  • Business

January’s U.S. jobs reports was stunningly good

A hiring sign is pictured at a McDonald’s restaurant in Garden Grove, California on July 8, 2022. Robyn Beck | Afp | Getty Images This report is from today’s CNBC…

  • Published: February 6, 202312:13 am
  • Author Lenexworld
Optimism on Chinese stocks soars to five-year highs
  • Business

Optimism on Chinese stocks soars to five-year highs

Trucks and passenger cars drive across the Sutong Bridge in the city of Suzhou near Shanghai on Jan. 27, 2023, during the Lunar New Year holiday. Future Publishing | Future…

  • Published: February 5, 202311:45 pm
  • Author Lenexworld
Here’s our February rapid-fire update on all 34 stocks in Jim Cramer’s Investing Club portfolio
  • Business

Here’s our February rapid-fire update on all 34 stocks in Jim Cramer’s Investing Club portfolio

Here’s a rapid-fire update on all 34 stocks in Jim Cramer’s Charitable Trust, the holdings we manage in the CNBC Investing Club. Jim and Club portfolio director Jeff…

  • Published: February 5, 20231:46 pm
  • Author Lenexworld
Top Wall Street analysts find these stocks compelling
  • Business

Top Wall Street analysts find these stocks compelling

Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC During these challenging times, making informed decisions with a long-term view is vital for investors. Here are five…

  • Published: February 5, 20231:42 pm
  • Author Lenexworld
Investors have tough choices now with yields for money market funds on the rise
  • Business

Investors have tough choices now with yields for money market funds on the rise

The ” Fast Money ” traders are looking to capitalize on the rising yields in money market funds and dividend-paying stocks. The largest taxable money market funds, as…

  • Published: February 5, 20231:40 pm
  • Author Lenexworld
Earnings playbook: Your best moves ahead of Chipotle, Disney and the second half of reporting season
  • Business

Earnings playbook: Your best moves ahead of Chipotle, Disney and the second half of reporting season

We’re halfway there. Roughly 50% of S & P 500 companies have posted earnings thus far, and the results have been mixed. Just 69.7% have beaten expectations, according to…

  • Published: February 5, 20231:28 pm
  • Author Lenexworld
Morgan Stanley’s Mike Wilson warns there’s a group of stocks that are riskier than growth shares
  • Business

Morgan Stanley’s Mike Wilson warns there’s a group of stocks that are riskier than growth shares

Morgan Stanley’s Mike Wilson is telling investors to avoid a popular trade tied to the economy. “Cyclicals probably are more risky now than the growth stocks,”…

  • Published: February 4, 20231:54 pm
  • Author Lenexworld
Bears sent running as stock market breaks downtrend and passes key fundamental tests
  • Business

Bears sent running as stock market breaks downtrend and passes key fundamental tests

The way to scare away a bear, according to experts, is to make a lot of noise while rising up to make yourself appear bigger. Sure enough, a loud equity rally to start the year…

  • Published: February 4, 20231:36 pm
  • Author Lenexworld
Goldman Sachs says these stocks have major upside following earnings
  • Business

Goldman Sachs says these stocks have major upside following earnings

Goldman Sachs analysts said this week there is a slate of stocks coming out of earnings that are just too attractive to ignore. Of the 250 companies in the S & P 500 that have…

  • Published: February 4, 20231:15 pm
  • Author Lenexworld
How Zelle is different from Venmo, PayPal and CashApp
  • Business

How Zelle is different from Venmo, PayPal and CashApp

More than half of smartphone users in the U.S. are sending money via some sort of peer-to-peer payment service to send money to friends, family and businesses. Stocks of payment…

  • Published: February 4, 20231:02 pm
  • Author Lenexworld
A flurry of earnings, another Fed rate hike, signs of a new bull market — and what’s ahead next week
  • Business

A flurry of earnings, another Fed rate hike, signs of a new bull market — and what’s ahead next week

Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. We’ll be looking beyond the headline…

  • Published: February 4, 20231:00 pm
  • Author Lenexworld

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Movies

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International

  • Suspected Chinese spy balloon was 200ft tall – US defence officialSuspected Chinese spy balloon was 200ft tall – US defence official
  • Former aide accuses Republican George Santos of sexual misconductFormer aide accuses Republican George Santos of sexual misconduct
  • Turkey earthquake: Aleppo among worst-hit areas in SyriaTurkey earthquake: Aleppo among worst-hit areas in Syria
  • Facebook’s parent firm Meta can be sued by ex-moderator, judge rulesFacebook’s parent firm Meta can be sued by ex-moderator, judge rules
  • BBC on the scene of earthquake devastation in TurkeyBBC on the scene of earthquake devastation in Turkey
  • Chinese balloon: What investigators might learn from its recovered contentsChinese balloon: What investigators might learn from its recovered contents
  • Second quake hits while Turkish TV crew are on airSecond quake hits while Turkish TV crew are on air
  • Building collapses in Turkey after deadly earthquakeBuilding collapses in Turkey after deadly earthquake
  • On the ground near earthquake epicentreOn the ground near earthquake epicentre
  • Palestinian gunmen killed in Israeli raid in JerichoPalestinian gunmen killed in Israeli raid in Jericho

Business

  • Powerful quake rocks Turkey and Syria, kills more than 3,400Powerful quake rocks Turkey and Syria, kills more than 3,400
  • Google CEO issues rallying cry in internal memo: All hands on deck to test ChatGPT competitor BardGoogle CEO issues rallying cry in internal memo: All hands on deck to test ChatGPT competitor Bard
  • Winklevoss twins’ crypto exchange Gemini to contribute 0 million to Genesis bankruptcy recoveryWinklevoss twins’ crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
  • Pinterest shares plunge on weak fourth-quarter revenuePinterest shares plunge on weak fourth-quarter revenue
  • Amazon scales back cargo flying as demand cools, contractor saysAmazon scales back cargo flying as demand cools, contractor says
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