Cramer bemoans lack of earnings momentum in stocks: ‘It’s starting to bother me’

CNBC’s Jim Cramer on Wednesday gave his prognosis on the market as many stocks failed to gain trading traction after positive quarterly reports. “Most stocks simply aren’t getting much pin action now for what they do, in part because, well, the market’s had a miraculous run,” the “Mad Money” host said. “That makes everything seem … Read more

Cushman & Wakefield CEO expects growing economy to make up for remote work-related office declines

Cushman & Wakefield CEO Brett White on Friday offered a positive long-term outlook on the commercial real estate market, telling CNBC he expects a booming economy to compensate for companies that trim their office footprint due to an embrace of remote work. “As we think about the immediate near term … we’re looking at about a 10% … Read more

These solar stocks are poised for strong earnings results – and analysts say they’re good buys

Peter Cade | Stone | Getty Images Solar companies begin reporting first quarter results next week, and Wall Street analysts say the recent pullback in the sector allows investors to get in on the cheap. “The bar is low (for a change); expect beats in [residential],” Goldman Sachs said in a research note, adding that … Read more

Citigroup CEO Jane Fraser says of moves to shrink retail banking footprint: ‘We want to be a winner’

Citigroup CEO Jane Fraser said that she decided to exit the bank’s retail operations in 13 countries outside the U.S. to improve returns. One of the biggest priorities for Fraser, who took over for predecessor Michael Corbat in February, is to bring New York-based Citigroup’s returns closer to those of peers including JPMorgan Chase and Bank … Read more

The post-pandemic spending spree has begun. Here are 6 things Americans are buying

Shoppers wearing protective masks carry bags on Market Street in San Francisco, California, on Wednesday, April 14, 2021. David Paul Morris | Bloomberg | Getty Images Shoppers are emerging from their cocoons and aspiring to switch it up from sweatpants, stubble and streaming. With each day, more Americans are getting Covid-19 vaccines. As spring temperatures … Read more

Concerns over inflationary pressure on earnings will test stocks in the week ahead

Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From Coca-Cola and IBM to Johnson & Johnson and Netflix, investors will hear … Read more

Big bank stocks are ‘dirt cheap’ after posting earnings, Jim Cramer says

Big bank earnings are out and the results were positive enough to quell one concern about their valuations, CNBC’s Jim Cramer said Thursday. The stocks of large financial institutions like JPMorgan Chase and Wells Fargo have surged from last summer, far outgaining the market. Cramer, himself an alum of Goldman Sachs‘ investment shop, said their … Read more

Stock futures flat after Dow, S&P 500 hit fresh records

A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Sunday evening, suggesting Wall Street could see muted trading on Monday … Read more

Earning season is about to get underway and that could be a positive catalyst for stocks

A man wearing a protective face mask walks by 14 Wall Street in the financial district of New York, November 19, 2020. Shannon Stapleton | Reuters The earnings reporting season gets underway in the week ahead, and it is expected to be a positive catalyst that could continue to send stocks higher for now. The … Read more

How JPMorgan increased the number of Black interns in its Wall Street program by nearly two-thirds

JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts, CNBC has learned. The company said that 18% of its corporate and investment bank summer interns in North America are Black this year, a … Read more