Next week’s inflation data will be the first major test for markets after the Federal Reserve took a dovish stance on interest rates, at a time when bond…
Read more Wall Street expects rate hikes are off the table for now. Next week’s inflation data will test that thesisMathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to…
Read more Companies — profitable or not — make 2024 the year of cost cutsThere are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that…
Read more Top money managers pick the stocks they like for 2024 that aren't the Magnificent SevenIt was another win for the bulls this week. Wall Street started the month of December higher Friday — building on November’s rally, which broke a three-month losing…
Read more Signs of a sector rotation — plus 2 more themes to watch in the stock marketCheck out the companies making headlines in midday trading. Sonos — The stock climbed 17% after Sonos CEO Patrick Spence said the company is entering a multiyear product…
Read more Stocks making the biggest moves midday: Sonos, Cisco Systems, Alibaba, Walmart and moreWith Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a software company. On Thursday, Cisco CSCO said it…
Read more By buying Splunk, Cisco is closer to becoming a software companyCisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said Thursday, in its largest acquisition ever.…
Read more Cisco makes largest ever acquisition, buying cybersecurity company Splunk for $28 billion in cashA new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its $28 billion…
Read more Cisco taps new M&A firm Tidal for $28 billion Splunk acquisition deal | CNN BusinessCheck out the companies making headlines in extended trading. Take-Two Interactive Software — Shares jumped 8.1% Wednesday during after hours trading. The video game company reported $1.39 billion…
Read more Stocks making the biggest moves after hours: Take-Two Interactive, Cisco Systems and moreAs the likelihood of a hard landing this year rises, Barclays says investors should seek quality stocks that are not overly expensive. Large-cap tech stocks have been outperforming…
Read more Barclays highlights 10 top quality stocks that are also cheapWells Fargo (WFC) and Halliburton (HAL) headline a group of five dividend-paying Club stocks that are expected to post robust earnings growth this year. The bank and oilfield…
Read more These 5 dividend-paying Club stocks are expected to grow earnings double-digits this yearPedestrians walk past the NASDAQ MarketSite in New York’s Times Square. Eric Thayer | Reuters It seems like an eternity ago, but it’s just been a year. At…
Read more Tech’s reality check: How the industry lost $7.4 trillion in one yearCisco Systems Inc.’s stock rose in extended trading Wednesday after the networking-technology company delivered better-than-expected numbers on the top and bottom line, and offered encouraging guidance. Still, Cisco…
Read more Cisco’s stock rises on strong quarterly sales and guidance, but a restructuring is comingThe stock market’s rally after October’s inflation report will be tested in the week ahead, as investors watch some major retailers’ earnings and a flurry of Federal Reserve…
Read more Stock market rally will be put to test in week ahead, after yields fall and tech surgesShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Satori Fund founder Dan Niles shares his macro analysis of the large-cap tech sector,…
Read more CNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here’s his strategy for tech names
