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Search resuls for: "Zev Fima Matthew J. Belvedere"


3 mentions found


☆ Nasdaq had its best first six months in 40 years. Here's what stands in the way next week
  + stars: | 2023-07-01 | by ( Zev Fima Matthew J. Belvedere | Zev Fima | Matthew J. Belvedere | ) www.cnbc.com   time to read: +6 min
Club stock Apple finished the second quarter with a 17.6% gain and the first half of the year with a 49% advance. Meta jumped 35% in the second quarter and 138% year to date. Estee Lauder lost 20% in the second quarter and nearly 21% year to date. The Dow Jones Industrial Average rose 3.4% in the second quarter and 3.8% for the year. But, it was the Nasdaq that outshined them all — soaring nearly 13% in the second quarter and almost 32% in the first six months of the year.
Persons: Meta, Estee Lauder, Locker, Wells, Morgan Stanley, —, Wells Fargo, Levi Strauss, LEVI, That's, Friday's, Gold, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Josh Edelson Organizations: Federal Reserve, Nasdaq, Investors, Apple, Nvidia, Dow Jones, Federal, PMI, Independence, Modelo, Constellation Brands, U.S, Treasury, Jim Cramer's Charitable, CNBC, Apple's Worldwide, AFP, Getty Locations: U.S, Wells Fargo, Corona, Cupertino , California
☆ Nvidia stole the earnings spotlight last week. This week, it's all about the debt ceiling
  + stars: | 2023-05-29 | by ( Zev Fima Matthew J. Belvedere | Zev Fima | Matthew J. Belvedere | ) www.cnbc.com   time to read: +6 min
Looking ahead, investors this week will be laser-focused on Washington, as Congress prepares to vote on a bill to raise the U.S. debt ceiling . But the shortened trading week ahead still features some key earnings and economic data. ET: S & P/Case Shiller home price index (March) 10 a.m. ET: Employment report: Non-farm payrolls and jobless rate (May) Looking back Last week, three Club holdings reported earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ As the debt ceiling deadline creeps closer, investors await deal from Washington
  + stars: | 2023-05-20 | by ( Zev Fima Matthew J. Belvedere | Zev Fima | Matthew J. Belvedere | ) www.cnbc.com   time to read: +7 min
With the end of another earnings season in sight, Wall Street's attention has turned to Washington and the debt ceiling deadline. Republican negotiators on Friday walked out of talks on raising the debt limit , abruptly ending a positive week of discussions that appeared to be leading toward a deal. Democrats and the White House have been pushing for a "clean" hike to the debt limit that would push the next deadline past the 2024 presidential election, while Republicans are pressing for spending cuts. Many investors believe this ongoing game of chicken over the debt limit is largely for show, since the U.S. has never defaulted on its debt obligations. U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) and other congressional leaders in the Oval Office at the White House in Washington, U.S., May 9, 2023.
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