Futures contracts tied to the major US stock indices held steady during Wednesday night’s overnight session as investors analyzed a large amount of corporate earnings during a positive week. Dow Jones Industrial Average futures fell 18 points, implying a slight opening loss when regular trading resumes on Thursday. The S&P …
Read More »Cramer says market movements are ‘crazy’ but ‘please stop comparing them to 1999’
CNBC’s Jim Cramer said Tuesday that “it’s time to admit these moves are crazy” after big gains from some of the biggest tech stocks on the market pushed the Nasdaq Composite to another record the day before, but he’s not forecasting a reversal. Expanding on a tweet in which he …
Read More »Cramer says movements in tech stocks are ‘really crazy’ as Amazon and Tesla rise
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Monday that the moves for three major tech stocks were “really crazy and different than the ones I’ve ever seen.” Cramer’s comments in a tweet came as shares of Amazon and Microsoft, two of the largest US stocks by market …
Read More »The return of the coronavirus stock is similar to the dot-com bubble of the 1990s
Billionaire Mark Cuban told CNBC on Monday that the stock market rebound from its coronavirus-driven low in late March reminds him of the dot-com bubble of the 1990s. “In some ways, it is different because of the Federal Reserve and the liquidity that they have introduced and the inflation of …
Read More »Warren Buffett Gets $ 40 Billion From Giant Apple Share From March Fund
Warren Buffett. Gerald Miller | CNBC An off-brand move to build up in Apple stock could have been Warren Buffett’s biggest trade. Berkshire Hathaway’s stake in Apple, which has claimed 40% of its share portfolio, has increased a whopping $ 40 billion since the market bottom in March. The investment …
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