These energy stocks loved by hedge funds are trouncing the market

A general view of Gunvor Petroleum or Rozenburg refinery in Rotterdam, Netherlands. Europe’s largest port covers 105 square kilometers (41 square miles) and stretches over a distance of 40 kilometers (25 miles). Dean Mouhtaropoulos | Getty Images News | Getty Images The energy sector has been the biggest winner this year by far amid an … Read more

$47 billion swept into ‘ESG’ stocks last year — and here are Wall Street’s favorites

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 Analysts at Wall Street’s biggest banks have listed their top stocks for environmental, social and governance (ESG) factors in a sector that has soared in popularity … Read more

Stocks making the biggest moves midday: Poshmark, JPMorgan, Wells Fargo, Zoom, Spotify & more

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more … Read more

Stock futures little changed as Biden unveils $1.9 trillion stimulus plan

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were mostly flat on Thursday evening after President-elect Joe Biden announced details of a $1.9 trillion stimulus plan, one of the top agenda items when his administration begins next week. Contracts tied to the Dow Jones Industrial Average ticked up 25 … Read more

JPMorgan and Citigroup join U.S. corporations halting political donations after Capitol riot

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase and Citigroup were among the first major financial firms to say they will pause political action committee … Read more

You can have it all — just not all at once, says first woman to head major Wall Street bank

Jane Fraser’s appointment as the first woman CEO of a major Wall Street bank was a huge feat, not only personally but also for others hoping to balance professional ambitions with their private lives. But she is adamant other career-climbers can have it all too — perhaps just not all at once.  Fraser was named … Read more

Wells Fargo sees a modest overall market rise in 2021, but big gains for these ‘Covid beta’ stocks

Ralph Lauren signage is seen on the window of a store on Prince Street in New York. Michael Nagle | Bloomberg | Getty Images (This story is for CNBC Pro subscribers only.) Wells Fargo only expects marginal gains for the overall market next year, but a handful of stocks are poised for strong outperformance. Source … Read more

Any progress on stimulus could give the market a boost in the week ahead

Traders work on the floor of the New York Stock Exchange. NYSE Stimulus to help the economy and vaccines to stop the virus are expected to the be the main focus in markets in the week ahead.  Efforts to move along a fiscal package in Congress picked up momentum in the past week with Congressional … Read more

Banks could see a windfall as economy recovers: ‘Biggest reserve release in the history of banking’

Jamie Dimon Adam Galica | CNBC (This story is for CNBC Pro subscribers only) Banks have been among the most hated of stocks since the pandemic struck this year, forcing lenders to put up tens of billions of dollars in preparation for an expected tsunami of bad loans. Now a silver lining is emerging. The … Read more

Wall Street analysts are long-term bullish on these recovery plays like Micron and Ulta

Lyft President John Zimmer and CEO Logan Green and the Lyft Board of Directors speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters (This story is for CNBC PRO subscribers only.) Investors should begin to focus on companies that will emerge from the … Read more