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Traders work on the floor at the New York Stock Exchange (NYSE), after Republican Donald Trump won the U.S. presidential election, in New York City, U.S., November 6, 2024. U.S. stocks slid on Thursday, as fresh comments from Federal Reserve Chair Jerome Powell signaled that economic strength could warrant some patience with future rate cuts. The Dow Jones Industrial Average slipped 189 points, or 0.4%, after falling more than 250 points at the lows of the session. "The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said. Those moves come after the October producer price index released Thursday rose 0.2%, matching forecasts from economists polled by Dow Jones.

Persons: Republican Donald Trump, Jerome Powell, Stocks, Powell, Tesla, Dow Jones, Donald Trump's, Jay Woods Organizations: New York Stock Exchange, Republican, U.S, Federal, Dow Jones, Nasdaq, Trump, Russell, PPI, Dow, Freedom Capital Locations: New York City, U.S, Dallas

☆ Trump Media shares gain on Election Day as traders bet potential GOP candidate win will boost business
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump reacts at a rally in Las Vegas, Nevada, U.S. September 13, 2024. Shares of Trump Media & Technology rose on Election Day Tuesday, with traders betting a second Trump presidency would give the business prospects of the Truth Social operator a boost. Year to date, Trump Media, which is majority-owned by Trump, has nearly doubled. However, it has struggled recently, as Vice President Kamala Harris appeared to gain momentum heading into Election Day. Trump Media shares have seen huge retail trader inflows in the week's leading up to the election and has been the most-discussed stock on Reddit page WallStreetBets, which gained popularity during the GameStop fueled stock meme fad of 2021.

Persons: Donald Trump, Donald Trump's, Trump, Kamala Harris, Jay Woods, Woods, Harris, Kevin Breuninger, Alex Harring Organizations: Republican, Wall, Trump Media & Technology, Trump Media, Trump, Gamestop, Freedom Capital, CNBC, GameStop, NBC Locations: Las Vegas , Nevada, U.S

☆ How tech stocks could fare under a Harris or Trump administration
▼ + stars: | 2024-11-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

They have also considered the impact of potential tariffs proposed by former President Donald Trump. Some on Wall Street view a Harris win as a potential obstacle for antitrust and megacap technology stocks. "Regulatory scrutiny will probably help a lot of M & A activity under Trump — Harris, it'll be a little more of the status quo," said Jay Woods, chief global strategist at Freedom Capital Markets. This could "slow the pace of the AI revolution," he said in a recent post to X that also called a Harris win "more bullish" for the industry. Some investors also view Tesla as a likely winner under a Trump administration, given CEO Elon Musk's close ties to the former president.

Persons: Kamala Harris, Donald Trump, Roger McNamee, Harris, Trump, Trump — Harris, it'll, Jay Woods, McNamee, Vivek Arya, Joe Rogan, Arya, Ed Mills, Raymond James, of America's Brad Sills, Raymond James ' Mills, Dan Ives, Trump's, Tesla, Elon Musk's, Capital's, Wolfe, Chris Senyek Organizations: Elevation Partners, Tech, Antitrust, Google, Justice Department, Trump, Freedom Capital, Bank of America, PHLX Semiconductor, Democrat, Republican, SOX, Devices, Qualcomm, Nvidia, Broadcom, Texas Instruments, Intel, of America's, Microsoft, Oracle, Wedbush Securities, Investors Locations: stoke, Taiwan, China, Washington

☆ 3-Stock Lunch: Trump Media, KBW Bank & First Trust Nasdaq Cybersecurity
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Trump Media, KBW Bank & First Trust Nasdaq CybersecurityJay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss stock plays for three stocks.

Persons: Jay Woods Organizations: Trump Media, KBW Bank, First Trust, Freedom Capital Markets

☆ The pros and cons for investors of nonstop trading as NYSE looks to go 22 hours a day
▼ + stars: | 2024-10-28 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

"Core" trading hours for both the NYSE floor and NYSE Arca are 9:30 a.m. to 4:00 p.m. Nasdaq , which has current trading hours similar to the NYSE, declined to comment on the NYSE announcement and declined to say whether it would match the NYSE's proposal to expand trading hours. Is there demand for after hours trading? "In addition, there are retail traders in the U.S. who want to trade at night. Many retail traders work during the day, they come home and want to trade beyond the 8 p.m. cutoff for trading."

Persons: Michael M, NYSA, Kevin Tyrrell, Tyrrell, Jim, Dmitri Galinov, Galinov, Spencer Platt, Dennis Kelleher, Kelleher, Benjamin L, Schiffrin, Jay Woods, Woods Organizations: ICE, New York Stock Exchange, Santiago, Getty, York Stock Exchange, Intercontinental Exchange, Big, NYSA Arca, NYSE, NYSE Arca, Nasdaq, CNBC, Security Traders Association, Exchange, SEC, Traders, Blue Ocean Technologies, Better, 24X, Freedom Capital Locations: New York City, U.S, South Korea, Japan, Europe

☆ The stock market's bull rally is 2 years old. Here's what tends to happen next.
▼ + stars: | 2024-10-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

With the bull market in stocks now two years old, investors are wondering how long the rally can last. AdvertisementThe stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally. A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over the past two years. A common Wall Street expression is "rotation is the lifeblood of a bull market," and that appears to be playing out. Advertisement"Although many might think this bull market has gone too far and is getting old, that isn't the case at all.

Persons: —, Jay Woods, Woods, Ryan Detrick, Detrick, Baird, Ross Mayfield Baird, Ross Mayfield, Mayfield, Rob Haworth, Haworth Organizations: Service, Nasdaq, Dow Jones, Freedom Capital, Jay, Freedom Capital Markets, Carson, Carson Group, Business, Asset Management, Rob, Bank Asset Management, Federal Reserve

☆ Tesla is approaching its 'most hyped' event in a decade. Here's what Wall Street is expecting from Robotaxi Day.
▼ + stars: | 2024-10-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Tesla is about to unveil its Robotaxi, the self-driving car Elon Musk has talked about for years. Tesla will host its long-awaited Robotaxi event on Thursday, where the company is set to unveil the self-driving car Musk has teased for years. Tesla shares slumped earlier this year after Musk moved the Robotaxi event from August to October, which fueled concerns about the new technology. Tesla is hosting the Robotaxi event at Warner Bros. That venue may be able to demo the self-driving car with a Hollywood polish, analysts have said.

Persons: Tesla, Elon Musk, —, Elon, Jay Woods, They've, Woods, Musk, UBS Tesla, Wedbush, Garrett Nelson, Nelson, CFRA Organizations: Service, Freedom Capital, Schwab Network, UBS, Warner Bros, Bloomberg, Truist Securities Truist Securities, Optimus, Wedbush, Tesla, CFRA Research Locations: Hollywood

☆ 3-Stock Lunch: Apple, Amazon & Netflix
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Apple, Amazon & NetflixJay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss stock plays for three stocks.

Persons: Netflix Jay Woods Organizations: Netflix, Freedom Capital Markets

☆ Trump Media stock is down 70% since going public. One expert says its $3 billion valuation is still 'unjustifiable.'
▼ + stars: | 2024-09-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Trump Media shares have plunged 70% since going public in March. AdvertisementShares of Trump Media have plunged 70% since the company went public in March. Even after that sell-off, it's carrying a market value of roughly $3 billion, a figure one expert says is still too high. AdvertisementIn addition to the eye-watering valuation, Woods said Truth Social's growth has limited upside due to its political nature. Another lingering issue weighing down Truth Social stock is Trump's increasingly frequent use of its biggest competitor, X, formerly known as Twitter.

Persons: —, Jay Woods, Woods, There's, Trump, he's Organizations: Trump Media, Service, Bloomberg, Freedom Capital Markets, United Atlantic Ventures

☆ Woods: October might bring market volatility from election and seasonal headwinds
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWoods: October might bring market volatility from election and seasonal headwindsJay Woods, Chief Global Strategist at Freedom Capital Markets, analyzes the Fed's rate cut and a dissenting vote that could create market volatility. He is optimistic about small caps and FedEx, predicting growth in the transportation sector.

Persons: Jay Woods Organizations: Chief Global, Freedom Capital, FedEx

☆ Investors eyeing financial shares and transports as beneficiaries of the Fed rate cut
▼ + stars: | 2024-09-19 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. Worldwide Exchange Word of the Day: "Dissent" Jay Woods of Freedom Capital Markets said he's paying close attention to Fed Governor Michelle Bowman becoming the first dissenting Fed Governor since 2005. "I think this is the return of the cyclical trade," said Shah on Worldwide Exchange. Worldwide Exchange Pick: FedEx and Transports FedEx reports after the bell Thursday.

Persons: Jay Woods, Michelle Bowman, Seema Shah, Woods Organizations: Pro, Worldwide, Federal Reserve, Freedom Capital Markets, Management, FedEx, Transports FedEx, Dow

☆ Big tech stocks got clobbered on Monday — What investors are looking for before they buy more
▼ + stars: | 2024-08-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

A sharp sell-off in 2024's winning tech giants has left investors wondering whether it's safe to scoop up the pummeled shares. At one point during Monday's rout, the "Magnificent Seven" stocks combined had lost nearly $1 trillion in value , later recovering some of the losses. To be sure, some investors on Wall Street are pumping the brakes after Monday's sell-off, cautioning others to hold off on buying the dip just yet. Many investors viewed the sell-off as a necessary pullback in what's been a seemingly endless uptrend in the market. Like many investors, he also views Monday's pullback as a small blip in the AI trade's record run.

Persons: That's, Jamie Meyers, Management's Paul Meeks, CNBC's, Tengler's Meyers, Kayne Anderson, Julie Biel, Adam Sarhan, Jay Woods Organizations: Federal Reserve, Investments, Wall, Broadcom, Microsoft, Tesla, CNBC, Nasdaq, Nvidia, Freedom Capital Locations: U.S

☆ AI spending is in the crosshairs in a 'make-or-break' week that determines where Big Tech heads next
▼ + stars: | 2024-07-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The Roundhill Magnificent Seven ETF (MAGS) currently sits 11% off its highs. MAGS YTD mountain Magnificent Seven ETF performance This backdrop sets the tone for a "make or break week" coinciding with the Federal Reserve's July rate decision Wednesday, according to Wolfe Research's Chris Senyek. Now, more than 18 months after the launch of groundbreaking ChatGPT, Wall Street wants results. Some Wall Street analysts believe strong quarterly results may not be enough to reverse the pullback in tech shares. "My gut is that the tech earnings are going to come in better than people expect."

Persons: Morgan, Roundhill, Wolfe, Chris Senyek, Jay Woods, Sundar Pichai, Deutsche Bank's David Folkerts, Baird's Ted Mortonson, Senyek, Rowe Price, Dominic Rizzo, CNBC's Organizations: Nasdaq, Federal, Microsoft, Meta, Apple, Freedom Capital, Deutsche, Tech, Fed, Trump

☆ Woods: Some frothiness in semiconductors but not the overall market
▼ + stars: | 2024-06-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWoods: Some frothiness in semiconductors but not the overall marketJay Woods, Chief Global Strategist at Freedom Capital Markets, discusses Nvidia and the broadening of the markets.

Persons: Jay Woods Organizations: Chief Global, Freedom Capital Markets, Nvidia

☆ The market is due for a pause, says Freedom Capital's Jay Woods
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is due for a pause, says Freedom Capital's Jay WoodsJay Woods, Freedom Capital Markets chief global strategist, joins 'Squawk Box' to discuss the latest market trends, state of the tech sector, where to find opportunities, and more.

Persons: Jay Woods Jay Woods Organizations: Freedom Capital Markets

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Nvidia’s earnings will be in focus next week as stocks try to sustain record levels
▼ + stars: | 2024-05-17 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The S & P 500 broke above 5,300, also for the first time. The S & P 500 has notched record close after record close in 2024. This quarter, the top-performing S & P 500 sector is utilities, higher by 9%, followed by communication services, up by 4%. The S & P 500 and Nasdaq Composite each closed out a fourth straight week of gains. Sustaining all-time highs Nvidia's earnings will also be a key catalyst at a time when technicians are watching to see whether stocks can sustain the record levels they reached this week.

Persons: what's, they're, Jay Woods, hadn't, Piper Sandler's Harsh Kumar, Kumar, Jensen Huang, Blackwell, Zachary Hill, Chris Zaccarelli, Zaccarelli, Woods, Katie Stockton, Stockton, TJX Cos, Raymond James Thursday, Ralph Lauren Friday, Nick Wells Organizations: Nvidia, Federal Reserve, Dow Jones, Freedom Capital, Dow, Nasdaq, Independent, Alto Networks, Devices, Target, Chicago, PMI, New, . Kansas City Fed, Intuit Locations: Stockton, . Kansas

☆ Woods: Stocks are most volatile around CPI than any other data point
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWoods: Stocks are most volatile around CPI than any other data pointJay Woods, Chief Global Strategist at Freedom Capital Markets, discusses the new trading week ahead.

Persons: Jay Woods Organizations: Chief Global, Freedom Capital Markets

☆ Amazon Q1 results on deck: Here's what to expect
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon Q1 results on deck: Here's what to expectJay Woods, Freedom Capital Markets chief global strategist, joins 'Squawk Box' to preview Amazon's quarterly earnings results today, what to expect from the tech giant, Tesla's stock rebound, and more.

Persons: Jay Woods Organizations: Freedom Capital Markets

☆ Tesla's tentative autonomous driving deal in China is not enough
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's tentative autonomous driving deal in China is not enough to make it magnificent: StrategistJay Woods of Freedom Capital Markets says that the technology behind Tesla's autonomous driving will "revolutionize the industry" but the company needs to deliver results before it can be considered as one of the Magnificent 7 stocks again.

Persons: Jay Woods Organizations: Freedom Capital Markets Locations: China

☆ Elon Musk gave Tesla investors the one thing they've been demanding — and it worked brilliantly
▼ + stars: | 2024-04-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Elon Musk said Tesla will get cheaper electric vehicles out sooner. AdvertisementElon Musk dangled a long-awaited prize — cheaper Tesla models — in front of investors on Tuesday. But it was enough to calm investors, and Tesla's stock rose 13% in after-hours trading. Significant challenges and a plummeting stockWhile a promise of cheaper cars relieved investors, Tesla's troubles are far from over. Tesla's stock is down 42% year-to-date.

Persons: Elon Musk, Tesla, Tesla's, —, Elon, Musk, Jay Woods Organizations: Service, Freedom Capital Markets, Reuters, EV Locations: China, Europe

☆ Technical Support: Meta, Dominion Energy & General Motors
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnical Support: Meta, Dominion Energy & General MotorsJay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for a few companies.

Persons: Jay Woods Organizations: Dominion Energy, General, Freedom Capital Markets

☆ If you’re investing in the AI theme for the long haul, here’s how to pick the winners
▼ + stars: | 2024-04-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors have poured money into all things related to AI as they hunt for the next big winners. AI is poised to be a central theme as the technology transitions from early-stage winners to second-stage adopters. When it comes to chip stocks, Schleif also recommends taking a look at government grants. She highlighted the Global X Robotics and Artificial Intelligence ETF (BOTZ) , the First Trust Nasdaq AI and Robotics ETF (ROBT) and the Global X Artificial Intelligence & Technology ETF (AIQ).

Persons: Tesla, Nvidia —, Jay Woods, Carol Schleif, Schleif, Joe Biden, Nancy Tengler, Marguerita Cheng, BMO's Organizations: ChatGPT, Apple, Microsoft, Nvidia, Big Tech, Nasdaq, Freedom Capital, BMO Family Office, Samsung Electronics, Intel, Investors, Tengler, IBM, Blue, Global Wealth, Robotics, Intelligence, Technology Locations: Texas, Gaithersburg , Maryland

☆ Tracking the Technical Support for: Cloudflare, Micron & Nike
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTracking the Technical Support for: Cloudflare, Micron & NikeJay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for Cloudflare, Micron Technology and Nike.

Persons: Nike Jay Woods Organizations: Micron, Nike, Freedom Capital Markets, Cloudflare, Micron Technology

☆ Stock futures inch higher as Wall Street awaits another inflation report: Live updates
▼ + stars: | 2024-03-13 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 13, 2024. U.S. stock futures inched higher on Wednesday night as traders looked ahead to another inflation reading. S&P 500 futures and Nasdaq 100 futures both climbed around 0.1%. These moves come after the major stock indexes ended Wednesday's session with mixed activity. The bigger market theme right now is the sell-off in the technology sector, according to Jay Woods, the chief global strategist of Freedom Capital Markets.

Persons: Dow Jones, Jay Woods, Tesla Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Street Journal, Nvidia, Dow, PPI, Federal, Freedom Capital Locations: New York City, U.S, China

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