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Finance
We’re hiking Eaton price target on signs the post-earnings rally to all-time highs has legs
Eaton shares surged Thursday and hit a new all-time high after the electrical power management company reported an upside fourth quarter and provided a bullish view of 2024. We…
Stocks making the biggest moves after hours: Meta, Amazon, Apple, Skechers and more
Check out the companies making headlines after the bell : Amazon — Shares gained nearly 10% after the e-commerce giant reported fourth-quarter results that exceeded analyst…
Jim Cramer explains how investors can pick stocks in an overbought market
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here's today's edition. Market…
Stanley Black & Decker’s guidance pressures the stock. But Cramer says buy the dip
Stanley Black & Decker reported mixed fourth-quarter results Thursday but beat expectations on the metrics that matter most to our investment thesis — evidence the toolmaker's…
Wilson tennis racket maker Amer Sports opens at $13.40 per share in market debut after pricing IPO at $13
Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024.Jeenah Moon | Bloomberg | Getty ImagesAmer Sports, the Finnish athletic company…
Jim Cramer tells investors to buy the earnings-driven declines in 2 portfolio stocks
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 Thursday's key moments. 1. U.S. stocks bounced on…
Bank of England chief hints the market could be getting it right on rate cuts
Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank's headquarters in the City of London, UK, on Thursday, Feb. 1,…
Peloton shares plummet 20% as fitness company gives dismal outlook
Shares of Peloton plunged on Thursday after the fitness company warned investors it is still months away from growing sales or turning a profit.The retailer posted mixed results…
Stocks making the biggest moves premarket: Qualcomm, Merck, General Motors and more
Check out the companies making headlines before the bell. Qualcomm — The semiconductor stock shed 2% following a downgrade from Citi to neutral from buy . While Qualcomm beat both…
Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023.Nurphoto | Nurphoto | Getty…