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Finance
Biden says he put ‘personal ambition’ aside to ‘pass the torch’ to Harris for Trump battle
President Joe Biden on Wednesday night told the American public that "the defense of democracy is more important than any title," as he explained his stunning decision to drop out…
Hedge fund manager Dan Niles says it’s too early to buy beaten-up megacap tech stocks
Hedge fund manager Dan Niles sees this week's tech sell-off as confirmation the trade is in significant trouble. Niles sees the market's response to Google parent Alphabet 's…
$1 million hypothetical portfolios: How kids from wealthy families at an elite Swiss school learn about money
Institut auf dem Rosenberg, a private boarding school in St. Gallen, Switzerland.Courtesy: Institut auf dem RosenbergWith a sticker price of more than $160,000 a year, Institut auf…
Harris’ Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
U.S. Vice President and Democratic presidential candidate Kamala Harris arrives to boards Air Force Two at Joint Base Andrews in Maryland, U.S. on July 24, 2024. Brendan Smialowski…
Stocks making the biggest moves after hours: Chipotle, IBM, Ford, ServiceNow and more
Check out the companies making headlines in after-hours trading: Ford Motor — Ford shares tumbled 11% after the company's second-quarter earnings came in much lower than Wall…
Chipotle shares pop more than 10% as earnings and revenue top estimates, restaurant traffic rises again
A Chipotle restaurant in New York on July 3, 2023.Jeenah Moon | Bloomberg | Getty ImagesChipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped…
Tech stocks tank as profit-taking persists. Here’s why Abbott stands out among the wreckage
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets…
Job seekers are sour on the cooling labor market
Nitat Termmee | Moment | Getty ImagesWorkers are souring on the state of the job market.Job seeker confidence in Q2 2024 fell to its lowest level in more than two years, according…
Stocks making the biggest moves midday: Lamb Weston, Tesla, Enphase Energy and more
Check out the companies making headlines in midday trading: Lamb Weston — The potato and french fry company tanked 27% after issuing a disappointing report for the fiscal fourth…
Alphabet’s earnings sell-off is unwarranted. Here’s how Jim Cramer would approach the stock now
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. Stocks were lower…