Even if we get more inflationary data next week, stock prices could still head higher, Jim Cramer told his Mad Money viewers Friday. That’s because an aggressive stance on inflation from the Federal Reserve is already priced into the market. Macro issues, however, will still dominate stocks going into next week. Cramer’s game plan for […]
US oil refiners are once again making good money, but investors aren’t quite piling into the shares. They should be, a top energy analyst tells me. The profit boom could last through the end of the decade, helped by a price mishap that won’t be easy to fix: the giant premium Europe must pay for […]
Constellation Energy is a safety pick among nuclear energy stocks whose time to shine on Wall Street has finally come, CNBC’s Jim Cramer said Friday. “When the [Federal Reserve’s] tightening aggressively, hedge funds love to hide in defensive stocks like the utilities. Constellation Energy, it’s the perfect mantra: It’s a real company with a real […]
SINGAPORE — Chinese stocks fell Friday as the rest of Asia-Pacific traded mixed, while Wall Street stocks rallied overnight and oil prices fell. Hong Kong’s Hang Seng dropped 2.47% to close at 21,404.88, paring some losses after plunging nearly 3% earlier. The Shanghai composite was down 1.17% to close at 3,212.24, and the Shenzhen component […]
SINGAPORE — Stocks across Asia-Pacific were mixed Friday morning as Wall Street stocks rallied overnight and oil prices fell. Hong Kong’s Hang Seng was subdued, dipping 0.23%. Shares of Hong Kong-listed Russian aluminum producer Rusal bucked the trend, and surged more than 10% in early trade before paring gains to trade about 1.5% higher. The […]
Gas prices hit over $6 dollars per gallon at a petrol station in Los Angeles, California on February 23, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices have been fluctuating but are likely to keep moving sporadically higher, and more drivers could pay over $5 and even $6 a gallon for unleaded […]
Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the $2.10 consensus estimate, with revenue and comparable-store sales also below analyst forecasts. Darden said the omicron variant significantly impacted guest demand, staffing levels and […]
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the UK if they fail to register with the finance watchdog ahead of a key deadline next week. From Mar. 31, firms operating crypto services […]
The seal of the US Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernest | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be […]
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop, a day after Wall Street had resumed its upswing Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters 2. Moderna […]
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