Investing

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th,

A sign outside of a facility occupied by TreeHouse Foods in Brantford, Ontario, Canada. Kristoffer Tripplaar | SIPA USA | AP Company: TreeHouse Foods Inc. (THS) TreeHouse Foods Inc. of Oak Brook, Illinois manufactures consumer packaged food and beverages, including a range of shelf-stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad

Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash and as his company holds a massive cash balance. Gerald Miller | CNBC This is

An artist’s illustration of the difference in size between the company’s Terran 1 rocket, to the left, and the planned Terran R rocket. Relativity Space Relativity Space, the 3D-printing rocket builder, is making another big bet: Developing a fully reusable rocket, designed to match the power and capability of SpaceX’s workhorse Falcon 9 rockets. Called

Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the market begins to believe that the Fed has somehow lost control of where the bond

Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In the last 24 hours, we saw the number of occurrences of mentions for GameStop spike. It actually started spiking about four

Traders work on the floor of the New York Stock Exchange. NYSE Bonds have been shunned by many investors as rock bottom rates made them unattractive relative to equities. On Thursday, the bond market may have gained an upper hand in the eyes of some investors. The 10-year Treasury yield jumped 9 basis points to

A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more than 90% in afternoon trading on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up. GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26. “Mr. Bell’s

Pavlo Gonchar | LightRocket | Getty Images The firm that provides clearing and settlement services for brokers proposed shortening the time it takes to settle a trade, amid the GameStop controversy that caused brokerages like Robinhood to restrict trading. The Depository Trust & Clearing Corporation, or DTCC, outlined what a T+1, or one-day settlement period,

Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service. Amid heightened volatility, the stock was halted multiple times during the last half hour of trading, before ultimately finishing the

Pavlo Gonchar | LightRocket | Getty Images Hedge funds are still licking their wounds after a retail trading frenzy forced the industry to slash its overall exposure to stocks, leading to an underperformance in 2021. Last month, an army of retail investors who coordinated on social media managed to push GameStop shares up 400% in

An image from the video taken by multiple cameras as NASA’s Perseverance rover landed on Mars on Feb. 18, 2021. NASA/JPL-Caltech NASA on Monday released first-of-its-kind video of a spacecraft landing on another planet, as multiple cameras captured its Perseverance rover touching down on the surface of Mars. The U.S. space agency landed Perseverance on

A Starlink user terminal installed on the roof of a building in Canada. SpaceX SpaceX CEO Elon Musk says the company’s Starlink satellite internet service “will double” speeds to customers “later this year,” as it continues to build out the global consumer network. “Speed will double to ~300Mb/s & latency will drop to ~20ms later

Ken Griffin speaking at the 2018 Delivering Alpha Conference in New York on July 18th, 2018. David A. Grogan | CNBC Ken Griffin, the billionaire CEO of hedge fund Citadel, defended his $2 billion investment in short seller Gabe Plotkin’s Melvin Capital last month amid the height of the GameStop mania. “No, I think Gabe

Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers. According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current

Former TD Ameritrade CEO Fred Tomczyk told CNBC on Friday he believes retail stock market investors have never had it better when it comes to competing against Wall Street pros. “When you think about what the retail investor has today, they have free trading, free research, free investor education, and they have faster and better

Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Company: Bausch Health Companies Inc. (BHC) Bausch Health Companies Inc, formerly Valeant Pharmaceuticals International Inc, is a Canada-based company that develops, manufactures and markets a range of branded and generic pharmaceuticals, medical devices and over-the-counter

Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week – and the strong demand for shares means many investors believe the company’s two ambitious projects will drive that valuation even higher. The company’s valuation jumped 60% from its previous capital raise, which was just six months ago. And SpaceX’s

Former SEC chairman Jay Clayton told CNBC on Friday he does not believe the Reddit-sparked trading frenzy in GameStop shares represented an illegal pump-and-dump scheme. Clayton, who led the Securities and Exchange Commission under former President Donald Trump, made the comments in response to a question from CNBC’s Joe Kernen. The “Squawk Box” co-host asked

Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen told CNBC on Thursday that there could be parts of the U.S. stock market in which investors should exercise caution. In an