Momo Productions | Digitalvision | Getty Images Parents with young kids or those expecting a child may wonder: What financial steps should I take to set my family up for success? Here are four of the top considerations, according to Rianka Dorsainvil, a certified financial planner and co-CEO of 2050 Wealth Partners. Dorsainvil is also … Read more
The recent sell off in Carnival Corp. has created an opportunity before the cruise operator reports earnings on Monday, according to Stifel. The cruise line operator’s stock was down 13.2% this month, through Thursday’s close. “We absolutely are buyers of CCL shares heading into next week’s EPS release and concurrent disclosure of FY23 guidance,” analyst … Read more
Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Block — Shares shed nearly 3%, after losing nearly 15% … Read more
The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster’s engine failed. Blue Origin Jeff Bezos’ space company Blue Origin released findings from an investigation into the failed flight of a cargo mission last year, which it says was due to an issue in the rocket’s engine nozzle. The … Read more
The Club on Friday is updating five price targets for stocks in the portfolio to reflect recent developments at the companies and broader macroeconomic trends. We’re also adding a new stock to the bullpen, while reiterating our support for Morgan Stanley amid the recent upheaval in the banking sector. Meta We’re increasing our price target … Read more
Some stocks were able pull through despite the market turbulence this week. Equities took a volatile ride over the course of the week, as investors shifted attention between the latest interest rate hike from the Federal Reserve and the potential for contagion within the banking sector. Still, the Nasdaq Composite is set to end the … Read more
Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in Washington, March 22, 2023. Leah Millis | Reuters Judging from the Federal Reserve’s most recent statements … Read more
Carl Icahn on Friday alleged that Illumina‘s directors demanded extra personal liability insurance before the biotech company signed off on a $7.1 billion acquisition of cancer test developer Grail in 2021. The claim is the latest development in a brewing proxy fight between the activist investor and San Diego-based Illumina, who have been trading jabs … Read more
The owner of one of Minnesota’s two nuclear power plants said it will temporarily power down the facility on Friday to repair a recurring leak of radioactive water discovered this week, occurring as state regulators had been monitoring the effects of an initial spill four months ago. Xcel Energy said in a news release Thursday that there is … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Defensive stocks Watch Microsoft Own Nvidia 1. Look to defensive stocks Stocks edged down during midmorning trading Friday after shares of Deutsche Bank (DB) sold off for the third consecutive … Read more