These global tech stocks are in Citi's 'high-conviction' list. One was given nearly 80% upside – CNBC
Tech stocks have already performed well, and investors may be wondering if there’s more to come. For example, the iShares Global Tech ETF, which is made up of tech stocks from around the world, returned more than 50% in 2023, beating the S&P 500’s 24% return. The ETF has continued its performance this year, up […]
Stock futures are little changed on Sunday night after a record week for the S&P 500: Live updates – CNBC
42 minutes ago The S&P 500 could end the year at 5,500, says InfraCap’s Jay Hatfield. The S&P 500 index hit a new all-time high this week, closing above a key milestone of 5,000 points on Friday afternoon. But Jay Hatfield of Infrastructure Capital Advisors thinks the index still has room to rise through 2024. […]
Oil stocks share a bullish similarity with semis, but 'no one cares,' VanEck CEO says – CNBC
Investors may want to consider putting money into lagging parts of the market. Oil stocks are in trouble, according to VanEck CEO Jan van Eck. ” [oil] The supply is there.These companies are probably the next best cash flow companies. [compared to] He told CNBC’s “ETF Edge” this week that semiconductors are trading on double-digit […]
Policy changes look to reduce 401(k) plan 'leakage' – CNBC
Starty | E+ | Getty Images This problem greatly affects job-changers, especially those with small accounts, who often empty their accounts without rolling them over. They lose their savings and future income from that money. About 40% of job leavers cash out their 401(k) plans each year. according to To the Employee Welfare Research Institute. […]
Vanguard launches two new ETFs to hit this sweet spot of tax-free fixed income – CNBC
Investors focused on tax-free income have two new options from Vanguard to consider as Vanguard’s asset management company launches a municipal bond exchange-traded fund (ETF). The Intermediate-Term Tax-Exempt Bond ETF (VTEI) and the California Tax-Exempt Bond ETF (VTEC) debuted last week, giving investors access to a key part of the municipal bond yield curve, spots […]
Stocks making the biggest moves midday: Pinterest, Cloudflare, PepsiCo, Expedia and more – CNBC
Check out the companies that are trending in intraday trading. Pinterest — Shares fell about 11% after the image-sharing company issued a weaker-than-expected outlook for first-quarter earnings. Late Thursday, Pinterest announced fourth-quarter revenue that disappointed Wall Street but beat profits, according to LSEG. CleanSpark – The Bitcoin miner soared 37% on Thursday after announcing better-than-expected […]
S&P 500 tops 5,000 again, rises for a fifth week on encouraging inflation news: Live updates – CNBC
14 minutes ago S&P 500 begins above 5,000 threshold The S&P 500 rose on Friday, opening above the 5,000 level. The benchmark index rose 0.1% and the Nasdaq Composite Index rose 0.3%. The Dow Jones Industrial Average fell 7 points. For the week, the S&P rose 0.9%, while the blue-chip Dow and Nasdaq Composite rose […]
Jim Cramer looks outside the Magnificent Seven, names other companies with shares that are popping – CNBC
CNBC’s Jim Cramer on Thursday encouraged investors to look beyond the Magnificent Seven, saying other companies could make money. He acknowledged that mega-cap tech companies define the market every day, but other stocks are worth considering because they can generate higher returns than lower-risk investments like CDs. said. “I don’t want to deny you something […]
Here's who qualifies for the home office deduction on this year's taxes – CNBC
If you’re a W-2 worker, meaning your employer withholds taxes from your paycheck, you won’t be able to take the home office deduction in 2023. However, freelancers and contract workers whose income is reported through a 1099-NEC may be eligible. Justin Padgett Digital Vision | Getty Images If you were a fully remote or hybrid […]
Stocks open little changed as S&P 500 hovers near 5,000: Live updates – CNBC
1 hour ago Stock prices open with little change Stocks opened little changed Thursday. The Dow Jones Industrial Average rose about 50 points, or 0.1%. The S&P 500 and Nasdaq Composite were flat. — Samantha Subin 1 hour ago These are the stocks that made the biggest moves pre-market Check out the companies making headlines […]