Since the latest episode of extreme volatility in global markets, investors have shifted their interest from emerging markets to the U.S. and European stocks, says Amin Rajan, CEO of U.K.-based CREATE-Research.» Read More
In an exclusive interview with Maria Bartiromo, Starbucks Chairman and CEO Howard Schultz outlined how the coffee-shop chain doubled its fourth-quarter net income to $399.3 million.
The most interesting option trade was in the November 13 calls, which saw a single block of 10,000 bought as the stock dropped but failed to reach a new intraday low. The company's stock snapped back hard and pushed higher, finishing the day up 0.94 percent at $11.76.
President Obama, who looked like a chastised puppy in his press conference, was just given an early Christmas present: nonfarm payrolls not only rose 151,000, some 90,000 more than consensus, but the prior month showed a healthy upward revision, from a loss of 95,000 to a loss of 41,000. It was the first gain since May.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
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The euro could be set to rally to its high of last year against the dollar of $1.52, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
Investors looking to ride on Asia's recent stock rally face a more dangerous entry point in the near term, said Ajay Kapur, head of equity strategy, Asia at Deutsche Bank on CNBC Friday.
The October employment report is not expected to show much in the way of new job growth, but the euphoria over Fed easing may trump any concern in markets Friday.
Stocks got a boost on Thursday after President Obama said he is open to extending the Bush-era tax cuts across all income levels. Kevin Caron, market strategist at Stifel Nicolaus, and Chief Investment Officer David Kotok of Cumberland Advisors, both see the news helping stocks add on to recent gains.
Stocks surged to two-year highs on Thursday as all the major indexes rose beyond their closing highs for the year in the wake of the Federal Reserve's decision to buy $600 billion in Treasury bonds to boost the economy and news that President Obama said he was open to extending the Bush-era tax cuts to all income levels. JPMorgan and BofA gained.
Stocks continued to soar to new highs for the year Thursday, with banks getting a boost from news the Fed will allow "healthy" institutions to raise their dividends. BofA and JPM gain.
QE2 (quantitative easing) apologists are already noting that QE2 might be more effective than many think. Credit Suisse, for example, says QE2 will be more effective than investors realize because of these reasons...
The Republican victories in Tuesday's elections are apparently already having an impact on market mood. Warren Meyers, DME Securities trader, told CNBC that Wall Street has a new optimism.
"It is easy to envisage QE2 giving way to QE3, QE4 and beyond because now that the Fed has started down this road again, it will be very hard to stop," says one economist.
With a market cap of $77 billion, Qualcomm is the world's largest semiconductor producer and wireless chipset and software technology. Its products help power the majority of 3G mobile, computer, and consumer electronics devices we use today. In other words - It’s a good barometer of the tech sector....but is it a good buy?
Emergency unemployment benefit claims have tracked Wal-Mart’s stock fairly closely over the last two years.
Gold soared near $1,380 an ounce on Thursday as the dollar plunged, after the Federal Reserve said it would pump $600 billion into financial markets. Jason Toussaint, managing director at World Gold Council, shared his outlook.
When BHP Billiton unveiled its hostile bid for Potash in mid August there were plenty of questions about whether it would succeed. But few of those questions centered on the factor that has doomed BHP’s efforts: the opposition of the Canadian regulatory authorities.
Stocks gained after President Barack Obama said he was open to extending the Bush-era tax cuts to all income levels. Boeing and Caterpillar gained.