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Reddit — Shares rose more than 2% after Jefferies initiated research coverage with a buy rating and a Sreet-high price target. Rio Tinto , Arcadium Lithium — The two minerals stocks moved in opposite directions after the companies announced a deal for Rio Tinto to buy Arcadium for $5.85 per share. Shares of Rio Tinto dipped 1.2%, while shares of Arcadium surged 30%. GitLab — Shares rose 5% after Morgan Stanley initiated research coverage of the software stock with an overweight rating . Chewy — Shares rose nearly 2% after TD Cowen initiated research coverage of the pet products retailer with a buy rating.
Persons: Jefferies, Blackstone — Piper Sandler, Morgan Stanley, Sanjit Singh, Nio, TD Cowen, — CNBC's Sean Conlon, Lisa Han, Alex Harring, Jesse Pound, Hakyung Kim Organizations: Boeing, Department, Rio Tinto, Federal, Cruise, Citigroup, Citi Locations: Rio, Arcadium, Nio —
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega caps will continue to take us to the promise land, says Capital Area's Malcolm EthridgeMalcolm Ethridge, Capital Area Planning Group managing partner, joins 'Closing Bell' to discuss markets, mega cap stocks and where he sees stocks go from here.
Persons: Malcolm Ethridge Malcolm Ethridge Organizations: Planning Group
Dow and S&P 500 close at record highs
  + stars: | 2024-10-09 | 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 EmailDow and S&P 500 close at record highsBarbara Doran, BD8 Capital Partners CEO, and Courtney Garcia, Payne Capital Wealth Management senior wealth advisor, join 'Closing Bell Overtime' to talk the day's record market action.
Persons: Barbara Doran, Courtney Garcia Organizations: Dow, BD8 Capital Partners, Payne Capital Wealth Management
Opening Bell: October 9, 2024
  + stars: | 2024-10-09 | 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 EmailOpening Bell: October 9, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 9, 2024.
Organizations: New York Stock Exchange, Nasdaq
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Capital Area Planning Group's Malcolm Ethridge, American Century Investments’ Mike Rode and Obermeyer’s Ali Flynn PhillipsCapital Area Planning Group's Malcolm Ethridge, American Century Investments’ Mike Rode and Obermeyer’s Ali Flynn Phillips, join 'Closing Bell' to discuss their market outlooks and mega cap stocks.
Persons: Malcolm Ethridge, Mike Rode, Obermeyer’s Ali Flynn, Obermeyer’s Ali Flynn Phillips Organizations: Capital, Century Investments
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoyal Caribbean is 'best in breed on so many levels', says Citi's James HardimanJames Hardiman, Citi leisure analyst, joins 'Closing Bell Overtime' to talk the cruise industry as the sector climbs higher.
Persons: Citi's James Hardiman James Hardiman Organizations: Citi
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Intelligence will create the biggest upgrade cycle in years, says EMJ's Eric JacksonEric Jackson, EMJ Capital, joins 'Closing Bell' to discuss the return of the 'Teflon Tech' trade.
Persons: EMJ's Eric Jackson Eric Jackson Organizations: Apple Intelligence, EMJ, Tech
3-Stock Lunch: Boeing, Generac Holdings & Reddit
  + stars: | 2024-10-09 | 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: Boeing, Generac Holdings & RedditBill Strazzullo, Bell Curve Trading chief marketing strategist, joins ‘Power Lunch’ to discuss stock plays for three stocks.
Persons: Bill Strazzullo Organizations: Boeing, Generac Holdings, Bell Curve Trading
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHard for market to sustain a sharp sell-off with current tailwinds: Vital Knowledge's CrisafulliAdam Crisafulli, Vital Knowledge Founder and Charlie Bobrinskoy, Ariel Investments Vice Chairman, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Adam Crisafulli, Charlie Bobrinskoy Organizations: Vital Knowledge, Ariel
China's stock markets surged post-National Day break, driven by pent-up investor demand. Investors are assessing further economic stimulus measures from Beijing. AdvertisementChina's stock markets surged on Tuesday on pent-up demand from a weeklong trading break. Even before Tuesday's opening, China's social media was abuzz with what the stock markets may hold following the weeklong public holiday break. On Tuesday, hashtags about mainland China's stock market rushed to the top of Weibo's trending list.
Persons: , Jun Rong, Yeap Organizations: Service, Beijing's, CSI, National Development, Reform Locations: Beijing, Shanghai, Shenzhen, China, hashtags
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHard Rock Cafe CEO says he is open to partnership with commercial gambling operators in FloridaCNBC's Contessa Brewer joins 'Closing Bell' to discuss her conversation with Hard Rock CEO Jim Allen, where he said he's open to considering competitors for future partnerships.
Persons: Contessa Brewer, Jim Allen Organizations: Hard Rock Locations: Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetterment CEO Sarah Levy and soccer star Carli Lloyd talk new 'Pursue Better' campaignSarah Levy, Betterment CEO and Carli Lloyd, soccer star, join 'Closing Bell Overtime' to talk new promotional partnership 'Pursue Better'.
Persons: Sarah Levy, Carli Lloyd
Following the trade, Jim Cramer's Charitable Trust will no longer own a position in Procter & Gamble. Shares of P & G have had a good run this year, rallying 14% on top of three dividend payments collected along the way. As we pointed out in a recent trim , P & G rose to new highs at the start of September when the market rotated into defensive stocks. Against that backdrop, we see less need to hold onto traditional slowdown stocks like P & G that don't have enough growth to satisfy their valuations. Due to this premium, we don't think P & G has the potential upside we seek in the portfolio.
Persons: Jim Cramer's, , Jim Cramer, Jim Organizations: Procter, Procter & Gamble, Federal Reserve, Jim Cramer's Charitable, CNBC Locations: Procter &
U.S. stock futures hovered near the flatline Tuesday night following a winning session for the major averages. Dow Jones Industrial Average futures rose 11 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures dipped 0.01% and 0.01%, respectively. Wall Street is coming off a strong session for the major averages as tech stocks outperformed, and oil prices eased off their highs. The S&P 500 rose nearly 1%, while the Nasdaq Composite rallied about 1.5%.
Persons: Dow, Keith Lerner, Lerner, Wells Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Nvidia, Broadcom, Truist, U.S, Treasury, Fed, JPMorgan Chase Locations: what's, Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBe overweight semiconductors for the medium-term, says Trivariate's Adam ParkerAdam Parker, Trivariate Research founder, joins 'Closing Bell' to discuss winning sectors in the market, if the 'Mag 7' are too expensive and his overall market outlook.
Persons: Trivariate's Adam Parker Adam Parker Organizations: Trivariate Research
China stocks – U.S.-listed shares of Chinese companies fell after China's state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies JD.com and Alibaba also fell nearly 9% and 7%, respectively. Wells Fargo – The bank rose more than 1% after Wolfe Research upgraded the lender to outperform from peer perform. Humana – Shares rose nearly 1% after Bernstein upgraded the health insurer to outperform from market perform.
Persons: Zheng Shanjie, Bilibili, Nio, Alibaba, Young Liu's, Liu, Wells, Bernstein, Oppenheimer, LSEG, , Jesse Pound, Brian Evans, Michelle Fox Theobald Organizations: U.S, Wynn Resorts, China, MDU Resources, Nvidia, Blackwell, Wolfe Research, Microsoft –, PepsiCo –, Gatorade, Frito, PepsiCo Locations: China, Las, Macau, Wells
Oil prices slid, while investors shrugged off sluggishness in China stocks. Wall Street is gearing up for CPI, which is in focus after the strong September payroll report. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStock markets opened higher on Tuesday as oil prices dipped, helping investors recover slightly after Monday's losing session. Instead, Wall Street is largely focused on earnings and upcoming inflation data, scheduled for release on Thursday.
Persons: Stocks, , Monday's, Brent, Wells Organizations: CPI, Service, Stock, Federal Reserve, Bank of America, PepsiCo, JPMorgan, BlackRock Locations: sluggishness, China, Beijing, Wells Fargo, Here's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's still more upside in tech, but in certain names, says Odyssey's Jason SnipeJason Snipe, Odyssey Capital Advisors principal, join 'Closing Bell' to discuss the tech sector's mega cap momentum, winners in the sector and his outlook.
Persons: Jason Snipe Jason Snipe Organizations: Odyssey Capital Advisors
Opening Bell: October 8, 2024
  + stars: | 2024-10-08 | 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 EmailOpening Bell: October 8, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 8, 2024.
Organizations: New York Stock Exchange, Nasdaq
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeneral Motors 'has some work to do' when it comes to EV sales: Fmr. Tesla Board Member Steve WestlySteve Westly, former Tesla board member and The Westly Group founder, joins 'Closing Bell Overtime' to talk General Motors' EV plans, Tesla's upcoming robotaxi event, and more.
Persons: Steve Westly Steve Westly Organizations: General, Westly, EV
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Trivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max KettnerTrivariate's Adam Parker, Truist’s Keith Lerner and HSBC’s Max Kettner, join 'Closing Bell' to discuss winning sectors in the market, if the 'Mag 7' are too expensive and their overall market outlook.
Persons: Trivariate's Adam Parker, Truist’s Keith Lerner, HSBC’s Max Kettner Trivariate's Adam Parker, HSBC’s Max Kettner
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBullishness prompts question of 'what's priced in' on markets, says VantageRock's Avery SheffieldAvery Sheffield, co-founder, CIO and senior portfolio manager of VantageRock, joins CNBC's 'Closing Bell' to discuss why she's cautious on the markets, her year-end stock playbook and more.
Persons: VantageRock's Avery Sheffield Avery Organizations: VantageRock's Avery Sheffield Avery Sheffield
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Betterment CEO Sarah Levy and soccer star Carli LloydSarah Levy, Betterment CEO and Carli Lloyd, soccer star, join 'Closing Bell Overtime' to talk new promotional partnership for Pursue Better from Betterment.
Persons: Sarah Levy, Carli Lloyd Sarah Levy, Carli Lloyd
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P places Boeing on 'creditwatch negative' on strike-related financial riskSheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk Boeing's recent slate of troubles and what it means for the stock.
Persons: Sheila Kahyaoglu Organizations: Boeing, Jefferies
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail investors shouldn't touch China stocks, warns Safanad's John RutledgeJohn Rutledge, Safanad chief investment strategist, joins 'Closing Bell Overtime' to talk China's market pullback and how U.S. investors should navigate it.
Persons: Safanad's John Rutledge John Rutledge Locations: China
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