Almost 80% of small-business owners say ‘shopping small’ is more important than ever before — here’s why

This holiday season, your decision to “shop small” could help your favorite local shop keep its doors open another year. That’s according to the 523 small-business owners surveyed by American Express in October, 78% of whom said that their holiday sales this year will likely determine whether they can stay afloat in 2022. Complicating the … Read more

Earnings are the big catalyst for stocks in the week ahead, as Tesla and Netflix report

Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla … Read more

Walmart+ is gaining momentum, hits 32 million members, Deutsche Bank estimates

The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart‘s membership program, Walmart+, is gaining momentum and attracting younger, higher-income shoppers, according to a research note published Tuesday by Deutsche Bank. The subscription service — which launched almost exactly one … Read more

As Warren Buffett turns 91, the legendary investor prepares Berkshire Hathaway for a new economy

Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway’s annual meeting in 2019. Scott Morgan | Reuters Now 91, Warren Buffett is taking steps to make sure that Berkshire Hathaway — and his eventual successor — will be better positioned to benefit from a technology-driven … Read more

Affirm shares soar on news of Amazon partnership for buy now, pay later

Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, … Read more

Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more

Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80 per share. That beat the consensus estimate of $1.66, with revenue above estimates as well. Results were … Read more

Earnings could be the biggest driver for markets in the week ahead as investors watch bonds

Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to boost stocks with solid earnings reports. That was not the case for some financial sector … Read more

Jim Cramer says stock futures mislead investors, create buying opportunities

CNBC’s Jim Cramer rendered stock futures to be a worthless tool to gauge the temperature of the market after stock indexes finished at records on Monday. “When you wake up at 4 a.m., you’ll learn a ton amount the market. I encourage you to try it if you want to see how stocks are setting … Read more

Jim Cramer’s three types of stocks to buy if the market sells off

After stocks took a dive to open the trading week Tuesday, CNBC’s Jim Cramer explained three ways investors can find buying opportunities. “Remember the three types of stocks to buy on down days: The ones that rallied anyway, the ones where you’re finally getting a long-awaited pullback, and the ones that got recommended but failed … Read more