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Market moves after the Fed rate cut — plus, two price target hikes on big-name stocks

Market moves after the Fed rate cut — plus, two price target hikes on big-name stocks

Finance News

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 turned slightly lower Wednesday afternoon after Federal Reserve Chairman Jerome Powell said a December interest rate cut was not a […]

Market moves after the Fed rate cut — plus, two price target hikes on big-name stocks Read More »

Alphabet set to report Q3 earnings after the bell Wednesday

Alphabet set to report Q3 earnings after the bell Wednesday

Finance News

Alphabet is set to report third-quarter earnings after the bell Wednesday. Here’s what analysts are expecting according to LSEG consensus: Revenue: $99.89 billion Earnings per share: $2.33 Wall Street is also watching several other numbers in the report: YouTube advertising revenue: $10.01 billion, according to StreetAccount Google Cloud revenue: $14.74 billion, according to StreetAccount Traffic acquisition costs (TAC): $14.82

Alphabet set to report Q3 earnings after the bell Wednesday Read More »

Snowflake says exec shared unauthorized guidance in Instagram street interview

Snowflake says exec shared unauthorized guidance in Instagram street interview

Finance News

The Snowflake Inc logo, which represents the American cloud computing-based data company that offers cloud-based storage and analytics services, is being displayed on their pavilion at the Mobile World Congress 2024 in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty Images Snowflake had to make a Securities and Exchange Commission filing

Snowflake says exec shared unauthorized guidance in Instagram street interview Read More »

Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance

Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance

Finance News

Cheng Xin | Getty Images News | Getty Images Fiserv‘s stock plummeted 44% Wednesday and headed for its worst day ever after the fintech company cut its earnings outlook and shook up some of its leadership team. “Our current performance is not where we want it to be nor where our stakeholders expect it to

Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance Read More »

Etsy stock sinks on downbeat earnings, CEO change — Depop chief to replace Silverman

Etsy stock sinks on downbeat earnings, CEO change — Depop chief to replace Silverman

Finance News

The Etsy NYC headquarters building is seen in New York City. Michael M. Santiago | Getty Images News | Getty Images Etsy CEO Josh Silverman will step down from his position and move to the role of executive chairman at the end of the year, the online marketplace said Wednesday. Kruti Patel Goyal, the CEO

Etsy stock sinks on downbeat earnings, CEO change — Depop chief to replace Silverman Read More »

Ray Dalio, JPMorgan back billion-dollar berry startup Fruitist in new 0 million funding round

Ray Dalio, JPMorgan back billion-dollar berry startup Fruitist in new $150 million funding round

Finance News

Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio’s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in

Ray Dalio, JPMorgan back billion-dollar berry startup Fruitist in new $150 million funding round Read More »

Nvidia shares pop 3% in premarket as tech giant nears historic trillion valuation

Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation

Finance News

The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara, California. Chip maker Nvidia will report second-quarter earnings today after the closing bell. Justin Sullivan | Getty Images News | Getty Images Shares of Nvidia rose more than 3% in premarket trade on Wednesday, putting the tech

Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation Read More »

Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to

Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to

Finance News

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025. Leah Millis | Reuters Nvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and

Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to Read More »

CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI

CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI

Finance News

OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite

CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI Read More »

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