A chicken burrito, guacamole, bag of tortilla chips, and a drink are arranged for a photograph at a Chipotle Mexican Grill Inc. restaurant in El Segundo, California, U.S., on Wednesday, July 25, 2018. Patrick T. Fallon | Bloomberg | Getty Images Fast food Mexican restaurant chain Chipotle is “better, faster” and “stronger” heading into the
Check out the companies making headlines before the bell: Best Buy (BBY) – The electronics retailer reported quarterly earnings of $1.13 per share, 10 cents a share above estimates. Revenue also came in above forecasts. Same-store sales rose 1.7%, beating the consensus estimate of 1.3%, and the company raised its full-year earnings forecast. Abercrombie &
Home Depot (NYSE:HD) stock usually moves on news of the broader economy or the housing market. These days, however, investors in the big-box retailer are focusing on technology. HD stock is up 14% in the last six months, compared with an 11.8% gain for the S&P 500 index. Source: Helen89 / Shutterstock.com In 2017, Atlanta-based
Although Blue Apron (NASDAQ:APRN) had a typical IPO, Blue Apron stock didn’t. Source: Roman Tiraspolsky / Shutterstock.com The IPO market often struggles with over-hype issues. That is, a new and exciting company often IPOs on the public markets with a splash, and investors gobble up the shares at a premium price under the expectation that
U.S. stocks set another all-time high on Monday — and the session feels a bit different. As we’ve noted in this space before, the rally of the last few months has been strangely quiet. Source: Shutterstock Indeed, the 0.78% gain in the S&P 500 was the second-largest daily rally of the last six weeks. The
Reports from India indicate gold imports dropped 21.43 billion USD in the April-October months this year (2019) compared to 2018. That’s an 18.4% drop which is significant in anyone’s book. Regular followers of The Gold Enthusiast know he watches Indian gold figures closely, as India is often the world’s largest importer of raw gold. Indian consumers are traditionally
Is the bond market telling us that the yield curve is set to again invert? That is what we discuss tonight on Sunday Night Futures Live! We also discuss our Members Stock Charts Requests along with the early hour open of the stock market, currency and commodity futures market. We also discuss top stock market
China’s hand in cementing a phase one trade deal with the U.S. keeps getting weaker even though many American media outlets keep reporting otherwise because they seem to like Chinese President Xi Jinping better than President Donald Trump, CNBC’s Jim Cramer said on Monday. Cramer said on “Squawk Box” the mainstream media wrongly thinks that
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines after the bell: CVS Health shares popped more than 2% before settling around its closing price of $76.58 following
As we rapidly approach the final month of the year, Wall Street analysts are turning their attention to 2020. Source: Shutterstock I can tell you right now that they are missing one of the biggest themes of all. They shouldn’t be. The headlines are out there for anyone who’s paying attention. But recognizing it would
One of the bigger challenges for investors in the U.S. stock market is the increased concentration of larger stocks into many leading and widely followed indexes. And those indexes, in turn, have become the underlying basis for bigger exchange-traded funds (ETFs). The impact of this is that a handful of large-capitalized stocks drives the stock
Tilray (NASDAQ:TLRY) stock, like other marijuana companies, rallied massively last week. The chances of marijuana being legalized in the U.S. increased a little last week after the House of Representatives’ Judiciary Committee approved a bill that would lift the federal government’s restrictions on the drug. Of course, if the bill becomes law, Tilray stock and
U.S. equities exploded higher in the stock market today. Small-cap stocks ripped higher by more than 2%, triggering a big-time breakout in an index that has lagged its U.S. counterparts through all of 2019. The Nasdaq Composite added more than 1.3%, while the S&P 500 added 0.75% and the Dow Jones Industrial Average tacked out
Two benchmarks for crude oil A location, quality, and political risk spread Brent-WTI going into the December OPEC meeting The price of nearby NYMEX WTI crude oil moved higher and lower in choppy trading last week. The active month January NYMEX crude oil futures market began to rise from a low at $50.69 per barrel
Netflix CEO Reed Hastings split the company in two in 2011, thinking that the growing ubiquity of high-speed Internet access would soon mean the end of their disruptive DVD mailing business. But neglecting the DVD business proved to be a mistake, and Netflix reversed course. Ore Huiying | Getty Images Wells Fargo downgraded Netflix on
Pedestrians pass in front of a TD Ameritrade location in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in the premarket Thursday: TD Ameritrade, Charles Schwab — TD Ameritrade shares surged more than 25% in the premarket after a source told CNBC’s Becky Quick the discount
Nvidia (NASDAQ:NVDA) stock has had a great year, as it’s jumped 58% in 2019. Source: Hairem / Shutterstock.com As we head into the 35-day holiday stretch on Thursday, I can only assume that longtime owners of NVDA stock have one wish this Christmas: They want Nvidia stock to deliver a repeat performance in 2020. Can
If you own Hexo (NYSE:HEXO) stock, you’re probably wondering if it can get any worse. Hexo’s share price was recently down 80% from its April peak. Just since the beginning of October, HEXO stock had lost more than half of its remaining value. Shares recently tanked below the $2 mark following lousy earnings both at
Major market indices closed down modestly last week, a brief pause in an upward climb. But U.S. stocks still are heading in the right direction: the S&P 500 has gained 7.5% in less than seven weeks. Source: Shutterstock That said, the rally in recent weeks, and even recent years, hasn’t necessarily been broad-based. For most
Shoppers pack an aisle during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky. John Minchillo | AP (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) As customers gear up for the biggest shopping days