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☆ Nike shares pop after mixed first-quarter results. Here's what the pros say
▼ + stars: | 2023-09-29 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Nike from investors and analysts. The pros discussed the maker of Air Jordan athletic shoes after it reported mixed fiscal first-quarter results. Nike reported revenue of $12.94 billion that was below the expected $12.98 billion, but its earnings of 94 cents per share beat expectations. The latest financials mark the first time in two years the sneaker giant missed on revenue. Despite the mixed results, though, Nike shares surged Friday, closing up 6.7%.

Organizations: Nike, Air Jordan

When my husband and I bought our second home at the end of 2019, we were excited about the lower interest rate compared to our first mortgage. We were comfortable with the new payment, but the lower rate made it easier to stomach the higher monthly payment. In the spring of 2021, however, we realized we could likely get an even lower rate and decided to go through the refinance process. Refinancing our mortgage allowed us to go from a 3.875% to a 2.875% 30-year fixed mortgage, shaving 1% off our mortgage interest rate. For anyone that has closed on a home, you know that closing costs are typically thousands of dollars.

Persons: we've

☆ Nike shares pop after mixed Q1 results. Here's what the pros say
▼ + stars: | 2023-09-29 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike shares pop after mixed Q1 results. Here's what the pros sayStephanie Link of Hightower Advisors, Ike Boruchow of Wells Fargo Securities and Joe Terranova of Virtus Investment Partners discuss Nike after the company posted fiscal first-quarter results that beat on earnings and gross margin but missed on revenue.

Persons: Stephanie Link, Ike Boruchow, Joe Terranova Organizations: Nike, Hightower Advisors, Wells Fargo Securities, Virtus Investment Partners Locations: Wells Fargo

☆ Apple users are slamming the new iPhone 15 Pro, saying it can get so hot they can't even hold it
▼ + stars: | 2023-09-28 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

There have been numerous reports saying the new iPhone 15 Pro can encounter overheating issues. The new iPhones released last week, and the iPhone 15 Pro lineup is the first with titanium frames. AdvertisementAdvertisementPeople are talking about how hot the new new titanium iPhone 15 Pro can be — literally. Some iPhone 15 Pro owners have taken to social media sites in the US and China to complain about the issue. Justin Sullivan / Getty ImagesThe iPhone 15 Pro model is notably the first smartphone made by Apple with a titanium enclosure.

Persons: —, There's, It's, Apple hasn't, Max, Apple, Justin Sullivan, Chi Kuo Organizations: Service, Apple, Bloomberg Locations: China

Average 30-year mortgage rates have increased over 20 basis points compared to last week, and they remain the highest they've been since the early 2000s. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control. Sky high mortgage rates have pushed many hopeful buyers out of the market, slowing homebuying demand and putting downward pressure on home prices.

Persons: Fannie Mae Organizations: Zillow, Federal Reserve, Mortgage, Association, Sky, ARM Locations: Chevron

Pros, which has struggled to return to profitability, is being advised by investment bank Qatalyst Partners in its discussions with potential acquirers, the sources said. Many of the suitors are private equity firms whose offers Pros has rejected, the sources added. Pros shares jumped 13% on the news to $36.18 in early New York trading on Wednesday, giving the company a market value of $1.7 billion. Pros provides price optimization and revenue management software for companies in various sectors, including aviation. It reported subscription revenue of $57.3 million in the second quarter, up 14% year-over-year, with overall sales up 11% year-over-year to $75.8 million.

Persons: Brendan McDermid, Qatalyst, Milana Vinn, Anil D'Silva, Jane Merriman Organizations: Holdings, Inc, New York Stock Exchange, REUTERS, Qatalyst Partners, Wall, Thomson Locations: New York, U.S, Houston

☆ Costco beat on earnings, stock upgraded by firms. Here's what the pros say to do next
▼ + stars: | 2023-09-27 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco beat on earnings, stock upgraded by firms. Here's what the pros say to do nextJim Cramer, Jason Snipe of Odyssey Capital Advisors and Joe Terranova of Virtus Investment Partners talked about Costco after the company reported fiscal fourth-quarter results that beat on the top and bottom lines and saw an 8% uptick in memberships year-over-year.

Persons: Jim Cramer, Jason Snipe, Joe Terranova Organizations: Costco, Odyssey Capital, Virtus Investment Partners

☆ Savings Account and CD Rates Today | New 7% APY Checking Account Comes to Market
▼ + stars: | 2023-09-27 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, OnPath Credit, Credit Union, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Costco beat on earnings and won Wall Street upgrades. What the pros say to do next
▼ + stars: | 2023-09-27 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Costco from investors and analysts. The pros, including Jim Cramer , discussed the leading wholesale club after it topped earnings and revenue expectations and reported 71 million paid household members, up nearly 8% from a year ago. Costco's stock received several analyst upgrades after the results, closing Wednesday up 1.9%. It is currently held in Cramer's Charitable Trust portfolio.

Persons: Jim Cramer Organizations: Trust

☆ FTC files lawsuit against Amazon. Here's how to play the stock
▼ + stars: | 2023-09-26 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Amazon from investors and analysts. The pros discussed the e-commerce giant as the Federal Trade Commission announced it was suing the company on antitrust charges. Amazon is accused of illegally maintaining "monopoly power" to artificially raise prices, degrade quality for shoppers and stifle competition. Amazon's stock closed the trading day down 4% Tuesday and is currently held in Jim Cramer 's Charitable Trust portfolio.

Persons: Jim Cramer Organizations: Federal Trade Commission, Trust

☆ Savings Account and CD Rates Today | New No-Penalty CD Market Leader
▼ + stars: | 2023-09-26 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 5.25% (as of 08/11/2023) Minimum Deposit Amount $0 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Valley Bank, Bank, Cash, Products, Savings, BluPeak Credit Union, USALLIANCE, Newtek, Federal Credit Union Locations: Axos, —

☆ Is Meta uninvestable or a top pick? Pros weigh in on whether it's time to buy
▼ + stars: | 2023-09-26 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Tech giant Meta seems to be going through an "identity crisis" of sorts, making the stock "uninvestable" right now, according to Adam Coons, chief portfolio manager at Winthrop Capital Management. Reports indicate that it has plans to roll out a generative AI-powered chatbot with multiple personas that will rival ChatGPT. META mountain 2022-09-25 Meta price chart American investment bank Citi has named Meta as its "top-pick across the internet sector," giving it a buy rating at a price target of $385 — giving it over 30% upside from its Sept. 21 close. Elsewhere, Baird Equity Research has an outperform rating on Meta at a target price of $355, giving it an around 18% upside from its Sept. 22 close. However, even given Meta's new launches and opportunities in ad revenue, Winthrop Capital's Coons is skeptical of how long this will go on "until Mark Zuckerberg changes his mind."

Persons: Adam Coons, –, CNBC's, ChatGPT, Coons, —, Baird, Meta's, Winthrop Capital's Coons, Mark Zuckerberg, — CNBC's Michael Bloom Organizations: Winthrop Capital Management, Facebook, Citi, Baird Equity Research, Meta, Reality Labs, Apple Vision

☆ 18 top public-relations experts CEOs scramble to hire in a crisis
▼ + stars: | 2023-09-25 | by ( Michael Kaminer | ) www.businessinsider.com time to read: +1 min

When companies, execs, and celebrities face crises, they call on PR experts to control the damage. Insider identified 18 PR execs who've handled some of the biggest controversies in recent years. Brands once sought crisis PR for one-off incidents like an airplane crash, a product recall, or a scandal. Now, in a deeply polarized world grappling with labor unrest, online misinformation, and cultural conflicts, crisis communications have become an everyday need. Crisis PR has also grown to encompass risk assessment and mitigation, and clients are relying more on PR pros to advise on potential outcomes of regular events like product launches, marketing campaigns, and even executive hires.

Persons: who've Organizations: Brands

☆ Jefferies downgrades Nike to hold from buy. Here's what the pros say to do next
▼ + stars: | 2023-09-25 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Nike from investors and analysts. The pros discussed the sports apparel retailer after Jefferies lowered its call on the stock from buy to hold. The analyst behind the call, Randal Konik, also lowered Nike's price target by $40 to $100 . The firm's recent consumer survey signaled that there will likely be a slowdown in spending as federal student loan payments ramp back up in October. These repayments had been paused since March 2020 as a Covid-era relief measure.

Persons: Jefferies, Randal Konik Organizations: Nike

☆ Large U.S. companies outperformed other investments over the last 20 years—but you should still diversify, pros say
▼ + stars: | 2023-09-25 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

In theory, the more return you hope to earn from an investment, the more risk you'll have to take on. While most asset classes follow the risk/return rules, a couple notable outliers emerge. Commodities, despite being one of the jumpier asset classes, offer the weakest 20-year return at 0.73%. There are compelling cases to be made that, given their outsize performance, large stocks are overvalued compared with other asset classes, such as small-company and developed and emerging markets stocks, Stovall adds. For long-term investors, he says, "nibbling at small- and mid-cap stocks as well as international investments might be a good thing."

Persons: We've, there's, Sam Stovall, they'll, Wayne Gretzky, Stovall, Amy Arnott Organizations: Morningstar Direct, Commodities, Morningstar Research Services

☆ Savings Account and CD Rates Today | Earn 5.50% on Savings Accounts
▼ + stars: | 2023-09-25 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ 10 stocks analyst are most optimistic about as the 4th quarter begins — including 2 with 100% of analysts recommending you buy them
▼ + stars: | 2023-09-24 | by ( Mark Reeth | ) www.businessinsider.com time to read: +1 min

The recent stock market sell-off illustrates just how uneasy investors are right now. The recommendations of Wall Street pros can provide some guidance for regular investors. These are the 10 stocks with the highest percentage of analyst 'buy' recommendations. Cutting through the noise and finding smart investments has never been more difficult. Improving investor sentiment and a few key tech stocks riding the AI wave have sent stocks higher than expected this year, and some market watchers believe the stock market rally will continue.

Persons: that's Organizations: Wall

☆ Savings Account and CD Rates Today | Earn 5.60% on a 3 Year CD
▼ + stars: | 2023-09-24 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Crypto is growing up: Goodbye yacht parties and NFTs, hello regulation and practical tech
▼ + stars: | 2023-09-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +8 min

The three-day Messari Mainnet conference in New York was less expensive and less fun than it was a year ago. That's the sense I got after spending three days rubbing shoulders with crypto founders, blockchain pros, politicians and executives at Messari Mainnet in New York City. Coinbase hosted reporters at a press breakfast during Messari Mainnet 2023. AdvertisementAdvertisementThe long shadow of Gary GenslerGary Gensler, the chairman of the Securities and Exchange Commission, did not attend Messari Mainnet, but no one could stop saying his name. "Gary Gensler cannot state whether ethereum is a security or not," Ramaswamy told the audience.

Persons: Phil Rosen, Carlos Domingo, they're, Anthony Scaramucci, Jesse Pollak, Base, Coinbase, Crypto, Jess Houlgrave, WalletConnect, Houlgrave, Gary Gensler Gary Gensler, Scaramucci, Vivek Ramaswamy, Ramaswamy, Gensler, Gary Gensler, Coinbase's Pollak, Pollak, Messari Organizations: Service, Skybridge Capital, White House, Coinbase, Securities and Exchange Commission, Jiminy Cricket, SEC Locations: New York, Wall, Silicon, New York City, ethereum, Singapore, Hong Kong

☆ Savings Account and CD Rates Today | Earn 5.80% on a 1 Year CD
▼ + stars: | 2023-09-23 | by ( Business Insider | ) www.businessinsider.com time to read: +18 min

Compare Today's Savings RatesLeading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Annual Percentage Yield (APY) 5.25% Minimum Deposit Amount $1 Pros Check mark icon A check mark. Annual Percentage Yield (APY) 5.31% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates.

Persons: Banks, you'd, —, Cash, we've Organizations: Pacific Western Bank, FDIC, National Bank, Valley, Western Alliance Bank, Mint Western Alliance Bank, Freedom, Cash, Products, Savings, BluPeak Credit Union, Newtek, Federal Credit Union Locations: Axos, —

☆ Apple closes little changed as new iPhone is released. How to play the stock
▼ + stars: | 2023-09-22 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Apple from investors and analysts. The pros, including Jim Cramer , discussed the new features of the iPhone and how its sales will affect the stock. After its release to stores on Friday, crowds flocked to stores in China to buy the latest version of the smartphone following reports earlier this month that China was banning iPhone use by government officials. Apple shares closed 0.5% higher and is held in Cramer's Charitable Trust portfolio.

Persons: Jim Cramer Organizations: Apple, Trust Locations: China

If price growth remains stubborn, the central bank could hike rates again, which would keep mortgage rates elevated. Mortgage Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control.

Persons: Dan Richards, Fannie Mae Organizations: Federal Reserve, Zillow, Mortgage, Association, Sky, ARM Locations: Chevron

Compare Banco Popular de Puerto accounts Banco Popular de Puerto Rico U Save AccountBanco Popular de Puerto Rico e-accountBanco Popular de Puerto Rico CIMA CD Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. $1,000 Start saving Banco Popular de Puerto Rico, FDIC insured Start banking Banco Popular de Puerto Rico, FDIC Insured Start saving Banco Popular de Puerto Rico, FDIC InsuredThe bottom line: Banco Popular de Puerto is a good option if you want a bank with a large presence around Puerto Rico. Banco Popular de Puerto Rico U Save Account review External link Arrow An arrow icon, indicating this redirects the user." Banco Popular de Puerto Rico CIMA CD review External link Arrow An arrow icon, indicating this redirects the user." How Banco Popular de Puerto Rico ComparesBanco Popular de Puerto Rico vs. Oriental BankBanco Popular de Puerto Rico has many more branches than Oriental Bank, so it may be the more convenient option.

While you can get plenty of value out of a free account, Robinhood Gold is a good deal with lots of features. Account Minimum $0 ($1 for fractional shares; $2,000 for margin trading through Robinhood Gold) Fees 0% ($5/month for Robinhood Gold) Pros Check mark icon A check mark. IPO investing availableCheck mark icon A check mark. Through ACATS, you can electronically transfer cash, stocks, and other eligible assets from other brokerages to your Robinhood account. Getting Robinhood Gold is optional, and a standard Robinhood account still offers plenty of freebies and low-cost features.

Persons: it's, Robinhood, you'll, you've, Robinhood's, Gold, there's Organizations: Robinhood, Trade Locations: America's

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Two of our favorite business cards — the Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card — just brought back their highest-ever welcome offer that can earn you even more than usual for meeting a minimum spending requirement as a new cardholder. Ink Business Cash® Credit Card Apply now lock icon An icon in the shape of lock. That means the new welcome offer on the Ink Business Cash® Credit Card and Ink Business Unlimited® Credit Card could be redeemed as 90,000 Chase points as opposed to $900 in bonus cash. You can learn more in our Ink Business Unlimited card review, and check out our comparison of the Ink Business Cash vs. the Ink Business Unlimited card.

Persons: Chase, It's Organizations: Ink, FDIC, Chase

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