A Delta Airlines and American Airlines Plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first -Quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a jpmorgan industry … Read more
Employees Move Semiconductor Testers on the Assembly Line of the Advantest Corp. Plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Asian Tech and Chip-Related Stocks Fell Tuesday after Us President Donald Trump Made it clear that tarifs on mexico and canada would go to go into effect as … Read more
Every weekday the cnbc investment club with jim cramer holds a “Morning Meeting” Livestream at 10:20 AM Et. Here’s a recap of Monday’s Key Moments. 1. Stocks open Higher to Start the Trading Week, but Gave Back Thos Gains after the februry ISM manufacturing data Missed Estimates. While The Report Showed Sector Growth, It Came … Read more
Wall Street finished last week with big back-to-back declines, moving the S & P 500 away from Wednesday’s record-high close. Chip giant Nvidia had a rough week ahead of this week’s earnings. The S & P 500 flipped negative for all of last week, down 1.7%, after Friday trading extended the weakness of the prior session. … Read more
The blessed, they are so few. That’s how I feel when I look at the crop of initial public offerings (IPOs) since 2020, a cornucopia of huge winners at the start of the decade, including Alex Karp’s Palantir, followed by a mighty fallow crop to the present. Trying furiously to catch up after a whirlwind … Read more
“My pathway led by confusion boats / mutiny from stern to bow.” That phrase, from Bob Dylan’s 1964 classic, “My Back Pages,” seeped into my head Friday afternoon, as I sought to reevaluate the role of tech in the Charitable Trust. We had just reviewed Eaton’s very good — though not excellent — quarterly results … Read more
The Palisades Nuclear Generating Station in Covert Township, Michigan. John Madill | The herald-paalladium | AP Covert, MICH. – A Closed Nuclear Plant on the Shores of Lake Michigan is Aiming to Construct the First Small Modular Reactor in the US by 2030. The owner of the Palisades Nuclear PlantHoltec International, Signed a Strategic Agreement … Read more