Company
stringclasses 155
values | Link
stringlengths 49
198
| Title
stringlengths 19
141
| Date
timestamp[ns]date 2007-03-01 16:04:11
2025-12-10 00:00:00
| Text
stringlengths 46
55.8k
|
|---|---|---|---|---|
Boeing
|
https://www.cnbc.com/2025/12/10/homeland-security-boeing-737-ice-deportations.html?&qsearchterm=Boeing
|
Homeland Security Dept. buying Boeing 737s for ICE deportations
| 2025-12-10T00:00:00
|
Department of Homeland Security Secretary Kristi Noem speaks during a press conference at a federal office building in Bradenton, Florida, October 20, 2025.
The Department of Homeland Security confirmed Wednesday that it has agreed to buy six Boeing 737 planes to be used for deportations by U.S. Immigration and Customs Enforcement.
The Washington Post first reported DHS' contract for the nearly $140 million purchase of the 737s from Daedalus Aviation.
The Virginia company's CEO and CFO hold identical roles in a separate company, Salus Worldwide Solutions, that has a nearly $1 billion contract with DHS to support voluntary "self-deportation," The Post noted.
The newspaper previously reported that the Trump administration has set a goal of deporting 1 million immigrants this year.
|
S&P Global
|
https://www.cnbc.com/2025/12/10/us-tariff-switzerland-trade-tariffs.html?&qsearchterm=S
|
Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November
| 2025-12-10T00:00:00
|
The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country's imports to a ceiling of 15% will apply retroactively to Nov. 14.
The deal reached last month slashed the 39% tariff on imports from Switzerland that President Donald Trump imposed in August.
The Swiss Federal Department of Economic Affairs, Education and Research said Wednesday that both countries can claim customs refunds from the effective date.
"With the US tariff ceiling set at 15%, trade-weighted US tariffs on Switzerland will fall by around 10% on average, the department said in a statement. "This will significantly improve access to the US market for Swiss companies."
The United States was the top destination for Swiss exports in 2024. Switzerland's government in October cut its economic forecast for the country, citing the U.S. tariff rate that was in effect until November's deal to slash it.
|
S&P Global
|
https://www.cnbc.com/2025/12/10/us-venezuela-oil-tanker-seize.html?&qsearchterm=S
|
Trump says U.S. seized oil tanker off the coast of Venezuela
| 2025-12-10T00:00:00
|
US President Donald Trump speaks during a roundtable discussion in the Roosevelt Room of the White House in Washington, DC, on Dec. 10, 2025.
U.S. forces on Wednesday seized an oil tanker off the coast of Venezuela, President Donald Trump said.
"We've just seized a tanker on the coast of Venezuela — a large tanker, very large, the largest one ever seized actually," Trump said during a meeting in the Roosevelt Room at the White House.
The president declined to provide information on who owned the tanker or its destination when asked by a reporter.
"It was seized for a very good reason," Trump said
U.S. crude oil was up 70 cents, or 1.2%, to $58.95 per barrel at 3:12 p.m. ET. Global benchmark Brent rose 71 cents, or 1.15%, to $62.65 a barrel.
Trump has escalated pressure on Venezuelan President Nicolas Maduro in recent weeks. The president said Maduro's "days are numbered" in an interview with Politico published Tuesday. He would not rule out a ground invasion of the South American nation.
"I don't want to rule in or out. I don't talk about it," Trump told Politico.
The White House has undertaken a large military buildup in the Caribbean and launched controversial, deadly strikes against boats that it claims were trafficking drugs to the U.S.
Venezuela is a founding member of OPEC and has the largest proven oil reserves in the world. It is exporting about 749,000 barrels per day this year with at least half that oil going to China, according to data from energy consulting firm Kpler.
Venezuela exports about 132,000 bpd to the U.S., according to Kpler.
"Shippers will likely be much more cautious and hesitant about loading Venezuelan crude going forward," said Matt Smith, an oil analyst at Kpler.
|
S&P Global
|
https://www.cnbc.com/video/2025/12/10/watch-cnbcas-full-interview-with-mastercards-michelle-meyer.html?&qsearchterm=S
|
We're expecting 2026 U.S. GDP growth of 2.2%, says Mastercard's Michelle Meyer
| 2025-12-10T00:00:00
|
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
We're expecting 2026 U.S. GDP growth of 2.2%, says Mastercard's Michelle Meyer
Michelle Meyer, chief economist at the Mastercard Economics Institute, joins 'Money Movers' to discuss the 2026 outlook, AI, and more.
|
S&P Global
|
https://www.cnbc.com/video/2025/12/10/nvidia-chips-and-the-u-s-china-competition-for-ai-ecosystem-dominance.html?&qsearchterm=S
|
Nvidia chips and the U.S., China competition for AI ecosystem dominance
| 2025-12-10T00:00:00
|
In this video
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Nvidia chips and the U.S., China competition for AI ecosystem dominance
CNBC’s Deirdre Bosa joins ‘Money Movers’ to report on China’s accelerating efforts to boost domestic AI chips, as President Trump eases Nvidia export restrictions.
|
S&P Global
|
https://www.cnbc.com/video/2025/12/10/us-markets-edition-walmart.html?&qsearchterm=S
|
U.S. Markets Edition: Walmart
| 2025-12-10T00:00:00
|
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
U.S. Markets Edition: Walmart
Walmart CEO Doug McMillon discusses his upcoming departure and the company's transformation under his leadership.
|
S&P Global
|
https://www.cnbc.com/2025/12/10/us-to-inspect-tourists-social-media-history-from-past-5-years-.html?&qsearchterm=S
|
U.S. to mandate checks of some tourists' social media history from past 5 years
| 2025-12-10T00:00:00
|
People wait in the security check in line in Terminal 5 at JFK Airport on Aug. 29, 2025 in New York, New York.
The U.S. is planning to impose social media inspections on some tourists as President Donald Trump continues to ramp up travel restrictions for foreign visitors.
Tourists — including those from Britain, Australia, France, and Japan — will be mandated to provide five years of their social media history as part of their applications to visit the U.S., according to a notice posted by U.S. Customs and Border Protection, or CBP, on Wednesday. The proposal, which has been given a 60 day-notice with requests for comments from the public, is not final and may see some revisions.
Tourists from nations that are included in the U.S.' Visa Waiver Program can apply to the Electronic System for Travel Authorization, or ESTA, to visit the country for 90 days or less, with a fee of $40. The social media check will now form a "mandatory data element" as part of the ESTA application.
The border force said it will also collect "several high value data fields," including applicants' email addresses from the past 10 years, their telephone numbers used in the past five years, and names and details of family members.
|
S&P Global
|
https://www.cnbc.com/video/2025/12/10/nubank-ceo-u-s-can-learn-a-lot-from-brazil-on-digitalization-in-payments.html?&qsearchterm=S
|
Nubank CEO: U.S. can learn a lot from Brazil on digitalization in payments
| 2025-12-10T00:00:00
|
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Nubank CEO: U.S. can learn a lot from Brazil on digitalization in payments
David Velez, Nubank CEO, joins 'Squawk Box' to discuss the company's expansion plans, competitors in the U.S. market and much more.
|
S&P Global
|
https://www.cnbc.com/2025/12/10/yen-edges-up-after-three-day-losing-streak-fed-meeting-in-focus.html?&qsearchterm=S
|
U.S. dollar slides after Fed cuts rates, as expected
| 2025-12-10T00:00:00
|
The yen looked punch-drunk on Wednesday after a sudden spill overnight, pressured by wide interest rate differentials between Japan and the rest of the world.
The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move, but indicated it will likely pause its easing cycle at the next policy meeting in January.
The Fed's decision to lower the benchmark policy rate by a quarter of a percentage point to the 3.50%-3.75% range drew three dissents: Chicago Fed President Austan Goolsbee and Kansas City Fed President Jeffrey Schmid argued that the policy rate should be left unchanged, while Fed Governor Stephen Miran again advocated for a larger half-percentage-point reduction.
"In considering the extent and timing of additional adjustments to the target range for the federal funds rates, the Committee will carefully assess incoming data," the Federal Open Market Committee said in a statement, a language that in the past has been used to signal a pause in policy actions.
The greenback lost ground against peer currencies immediately after the Fed's announcement. The dollar fell 0.4% against the Swiss franc to 0.8028 franc and was last down 0.2% to 156.635 against the Japanese yen .
The euro last changed hands at $1.1650, up 0.2%, while the dollar index , which measures the greenback against a basket of currencies including the yen and the euro, slid 0.2% to 98.99.
The greenback, however, has since trimmed some of its losses.
"The statement emphasized weakness in the labor market as the principal rationale for the 25-basis-point cut, and this detail is what the market has picked up on, suggesting the Fed could continue easing policy, even though the expectations for easing in 2026 haven't changed with one 25 basis point priced in," said Michael Rosen, chief investment officer at Angeles Investments, in Santa Monica, California.
|
S&P Global
|
https://www.cnbc.com/2025/12/10/china-connection-newsletter-us-china-ai-talent-race-chris-miller-chip-war-computing-brain-power-electricity.html?&qsearchterm=S
|
CNBC's The China Connection newsletter: U.S.-China AI talent race heats up
| 2025-12-10T00:00:00
|
This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. You can subscribe here.
The big story
Chris Miller, author of the book "Chip War," warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing geopolitical fault lines. Now, the Tufts University historian is raising a new concern: the U.S. risks losing its advantage over China in artificial intelligence talent. When it comes to brain power, "America's edge is deteriorating dangerously," Miller told a U.S. Senate Foreign Relations subcommittee last week. It's a lead that's "fragile and much smaller" than its advantage in AI chips, he said. Carnegie Endowment researchers echoed those concerns a day later, noting China has been producing more top-tier AI researchers over the last few years, while fewer are heading to the U.S. Part of the difference comes from sheer scale, especially as education levels rise in China. Its population is quadruple that of the U.S., and the same goes for the volume of science, technology, engineering and mathematics (STEM) graduates. In 2020, China produced 3.57 million STEM graduates, the most of any country, and far outpacing the 820,000 in the U.S. The growth of China's higher education graduates has been dramatic, increasing ninefold in just one generation. The share of adults with at least a master's degree rose from just 0.1% at the turn of the century to nearly 0.9% two decades later. The U.S., starting from a much higher base, has seen the same ratio climb far more steadily from 8.7% to 14.1% during that time.
Researchers inside a lab at the Shenzhen Synthetic Biology Infrastructure facility in Shenzhen, China, on Wednesday, Nov. 26, 2025. Bloomberg | Bloomberg | Getty Images
The surge is reshaping companies' pipelines. Most of Xpeng's new hires are fresh graduates, CEO He Xiaopeng told reporters last month. He claimed that despite a relatively small pool of AI talent in both the U.S. and China, the electric vehicle manufacturer was able to recruit 10 specialists in driver-assist technology this year. The company's former vice president of autonomous driving now heads Nvidia's automotive department. Beijing is engineering more of this momentum as it seeks tech self-sufficiency. The Ministry of Education said in August that one-fifth of higher education programs nationwide have been revamped in the last two years — with a slew of majors cut or added — to channel more students into AI and integrated circuits fields. It's not necessarily that China is much better at attracting global AI talent, but the ability to keep more AI experts at home "could have a major impact on talent flows," Tufts University's Miller pointed out to me in an email. Meanwhile, U.S. immigration rules could make it difficult for AI researchers to work in the U.S., he said.
Quantity vs. quality
There's still debate over whether volume can consistently create value. U.S.-based OpenAI triggered the generative AI craze in 2022 with the launch of ChatGPT-3.5, and other U.S. companies, such as Anthropic, have released models that are considered global benchmarks. China's DeepSeek only made similar waves early this year with its claim to have beaten OpenAI at only a fraction of the cost. Google raised the bar further last month with its Gemini 3 model. The U.S. AI models are officially unavailable in China, while Washington restricts exports of Nvidia's most advanced chips. Despite the restrictions, Chinese companies have increasingly found ways to use scale — whether in engineers, less advanced chips or data — to gradually build domestic AI capabilities. That's apparent in how Chinese AI models rival OpenAI at a fraction of the cost. Developers in China are also doing more with less. Chinese internet leaders spent about 400 billion yuan ($56.58 billion) in capital expenditure this year — about one-tenth of their U.S. peers, while achieving "comparable" AI model performance, Wei Xiong, China internet analyst at UBS Securities, said in a report last week. And while analysts sometimes warn of "circular financing" in the U.S. AI industry — buoyed by investor money that circulates within the same funding ecosystem rather than genuine commercial revenue — China's leading developers, by contrast, are drawing primarily on internal cash flow.
Big data advantages
Data abundance is another advantage. The popularity of short videos in China has given local companies a hoard of training material. Aside from two models from Google, the rest of the world's top 15 image-to-video AI generation models came from Chinese companies, according to AI benchmarking firm Artificial Analysis. Chinese companies have also posted the fastest growth in U.S. patent grants last year, with telecom giant Huawei ranking fifth overall among commercial firms. The company's global patent licensing revenue hit a record $630 million last year, with further growth expected in 2025, according to Huawei Vice President Alan Fan, who heads the company's intellectual property rights department. He said clients are increasingly seeking not only 5G and WiFi-related patents but also audio and visual technologies. Back home, Huawei is also partnering with universities for AI-related research and training. All these efforts add to a growing trend. China has ranked first in a U.S. index measuring student performance in STEM-related Olympiad competitions for several years. China's scientific research contributions, as tracked by the publisher of the scientific journal Nature, surpassed the U.S. in 2023 — and quadrupled that lead the following year. Yet talent still flows both ways. Many Chinese founders are still moving to Silicon Valley to launch startups, Lu Zhang, founder and managing partner of the locally based Fusion Fund, told me. She pointed to the benefits of operating within "one of the best enterprise ecosystems." Her bigger worry for the industry is insufficient electrical power, especially in the U.S. "I think before we run out of GPU we're going to run out of energy," she said. And energy is where analysts increasingly say China has the upper hand. In the trinity of factors that Miller identified in his Senate testimony for maintaining AI leadership —computing power, brain power, and electrical power — human capital isn't his only worry. "America has a substantial lead in computing power, [but] China leads in electrical power."
Top TV picks on CNBC
watch now
Kevin Liu, chief offshore China and overseas strategist at CICC, said there is still a way to go before AI demand, investments, and valuations reach the levels seen at the peak of the dotcom-era bubble.
watch now
Eswar Prasad, professor at Cornell University and former head of IMF's China division, sees "no clear opportunity" for the U.S. and China to increase direct trade.
watch now
Paul Triolo, Partner at DGA-Albright Stonebridge Group, discussed U.S. chip policy and the prospect of the SAFE CHIPS Act becoming law amid intense chip competition with China.
Need to know
Quote of the week
China is catching up rapidly [in AI] with the chips, with the applications. If we look at the number from the top down, macro perspective, China is not lagging that much behind with U.S. For example, the total amount of investment regarding technology [by China] is 70% of U.S. has been doing. — Kevin Liu, Equity Strategist at CICC
In the markets
Chinese markets fell Wednesday as investors parsed the latest inflation print. Hong Kong's Hang Seng index slipped 0.56%, and the mainland CSI 300 declined 0.78% after China's consumer prices rose 0.7% from a year earlier, its highest level since February last year. Both benchmarks are set to break a two-week winning streak. The Hang Seng Index has dropped over 2% since Monday, while the CSI 300 is down 0.5% over the same period. For the year to date, the Hang Seng is up over 26%, while the CSI 300 has gained more than 15%. The offshore yuan last traded at 7.0605 against the dollar, its strongest level since October 2024. — Lee Ying Shan
Stock Chart Icon Stock chart icon The performance of the Shanghai Composite over the past year.
Coming up
|
S&P Global
|
https://www.cnbc.com/2025/12/10/us-indonesia-trade-deal-in-jeopardy-.html?&qsearchterm=S
|
U.S.-Indonesia trade deal is in danger of falling apart, FT reports
| 2025-12-10T00:00:00
|
The trade deal between Indonesia and the U.S. is at risk of unravelling as Washington officials view that Jakarta is going back on the terms of the agreement, according to The Financial Times.
The report, citing people familiar with matter, said on Tuesday that U.S. trade representative Jamieson Greer believes Indonesia was "backtracking" on several commitments it had made.
Indonesian officials reportedly are averse to agreeing to some binding commitments made in the deal and have communicated that to the USTR.
Washington believes Indonesia is "backsliding" on removing non-tariff barriers to U.S. industrial and agricultural exports as well as its pledges on taking action on digital trade issues.
Reuters reported on Wednesday that an Indonesian official told the agency that tariff negotiations were ongoing, with no specific issues have arisen during the talks.
U.S. President Donald Trump U.S. had announced a deal with Indonesia in mid-July, slashing so-called "reciprocal" tariff rate on the Southeast Asian country to 19% from the 32% he had threatened in his "tariff letter" to the country earlier that month.
Trump had said that Indonesia had "committed" to purchasing $15 billion of U.S. Energy, $4.5 billion in American agricultural products, and 50 Boeing jets as part of the deal.
The U.S. president also said at the time that "U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE."
The USTR and Indonesia's trade ministry did not immediately respond to CNBC's request for comments.
|
Fiserv
|
https://www.cnbc.com/video/2025/12/10/calls-of-the-day-regeneron-booking-holdings-general-dynamics-and-fiserv.html?&qsearchterm=Fiserv
|
Calls of the Day: Regeneron, Booking Holdings, General Dynamics and Fiserv
| 2025-12-10T00:00:00
|
In this video
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Calls of the Day: Regeneron, Booking Holdings, General Dynamics and Fiserv
The Investment Committee debate the latest Calls of the Day.
|
MSCI
|
https://www.cnbc.com/video/2025/12/10/strategy-slams-msci-proposal-to-exclude-digital-asset-treasuries-from-indexes-cnbc-crypto-world.html?&qsearchterm=MSCI
|
Strategy slams MSCI proposal to exclude digital asset treasuries from indexes: CNBC Crypto World
| 2025-12-10T00:00:00
|
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Strategy slams MSCI proposal to exclude digital asset treasuries from indexes: CNBC Crypto World
On today's episode of CNBC Crypto World, digital currency investors react to the Fed's decision to cut rates. Plus, Strategy pushes back on a proposal from MSCI to exclude digital asset treasury companies from its global indexes. And, Marco Santori of Solmate discusses the company's deal with RockawayX as well as Abu Dhabi's position as a global crypto hub.
|
MSCI
|
https://www.cnbc.com/2025/12/10/5-things-to-know-before-the-stock-market-opens.html?&qsearchterm=MSCI
|
The Fed meeting, pressure on Oracle, Target's fashion-forward renovation and more in Morning Squawk
| 2025-12-10T00:00:00
|
Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange in New York, US, on Wednesday, Oct. 29, 2025. Michael Nagle | Bloomberg | Getty Images
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:
1. Setting expectations
2. Oracle's omen
The Oracle logo is displayed on a building at an Oracle campus on Sept. 10, 2025 in Redwood Shores, California. Justin Sullivan | Getty Images
After Powell finishes his conference, investors won't have long to wait before another potential market catalyst. Oracle is reporting its second quarter earnings after the bell — and the pressure is on. As CNBC's Seema Mody notes, the technology company needs to show it can continue to finance its bold infrastructure plans. Oracle has emerged as a leader within artificial intelligence in recent months, so the company also needs to prove its AI-driven growth story is sound. Oracle shares are little changed in premarket trading this morning. The stock is up more than 30% this year, even after seeing its biggest one-month drop in more than two decades in November.
3. Pharma's shopping cart
Eli Lilly's new planned manufacturing facility in Huntsville, Alabama. Courtesy: Eli Lilly
Big pharma is cutting big checks as it bets on obesity pills. Eli Lilly said yesterday it would spend $6 billion building a manufacturing plant in Huntsville, Alabama, to support the production of its experimental obesity pill, along with other drugs. As CNBC's Annika Kim Constantino notes, it's the third facility the company has announced as part of its plan to increase domestic manufacturing. Pfizer , meanwhile, announced a $2.1 billion licensing deal with Chinese-owned YaoPharma to develop and commercialize its obesity pill. The agreement marks Pfizer's latest push into the blockbuster weight-loss market following its acquisition of Metsera last month.
Get Morning Squawk directly in your inbox CNBC's Morning Squawk recaps the biggest stories investors should know before the stock market opens, every weekday morning. Subscribe here to get access today.
4. Un-pausing payments
Students walk on campus at Harvard University, in Cambridge, Massachusetts, U.S., Nov. 19, 2025. Reba Saldanha | Reuters
Millions of student loan borrowers whose payments have been on pause could soon be forced to restart payments. The Department of Education said yesterday that a proposed settlement would require borrowers enrolled in the Biden-era Saving on a Valuable Education, or SAVE, plan to select a new repayment method. The proposal comes as new data shows 42% of student loan borrowers said they have a harder time paying for necessities such as food and housing as a result of their monthly payments. More than half of respondents said their debt has made it more difficult to save for retirement.
5. Target, or Tarzhay?
Target has turned its store in New York City's SoHo neighborhood into a unique concept store. Inside of an area that resembles the company's Bullseye logo, the company has "The Drop," a rotating display of seasonal styles and curated items. Courtesy of Target
Target is trying to position itself as a trend and style leader. It's doing so in one of New York City's most fashionable neighborhoods. The retailer has renovated its SoHo store to include rotating merchandise, a beauty bar and displays curated by celebrities and influencers. Incoming CEO Michael Fiddelke called the location "a punctuation point" for Target's style sensibilities and its future path as the company aims to win back consumers' discretionary dollars. As CNBC's Melissa Repko reports, the redesign of the store's first floor took four months, with Target rushing to reopen the location in time for the holiday season. Click here to take a look inside.
The Daily Dividend
Loading chart...
|
MSCI
|
https://www.cnbc.com/2025/12/09/wednesdays-big-stock-stories-whats-likely-to-move-the-market-in-the-next-trading-session.html?&qsearchterm=MSCI
|
Wednesday's big stock stories: What’s likely to move the market in the next trading session
| 2025-12-09T00:00:00
|
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching on Tuesday and what's on the radar for Wednesday's next session. The last Fed decision of the year Markets are betting the central bank will almost certainly cut rates by a quarter point Wednesday, and those hopes have helped stock markets climb back toward record highs. The S & P 500 was down slightly on Tuesday and it's a little over a percent off its record from Oct. 29. The Dow shed 180 points and is 1.8% off its Nov. 12 record. The Nasdaq eked out a gain on Tuesday, and is up 0.9% in December. It's 1.9% from its Oct. 29 high. The small-cap Russell 2000 though, closed at a record. It's up 13% this year. The yield on 10-year Treasurys rose on Tuesday , and is up nearly 20 basis points this month. Senior economics reporter Steve Liesman will have all the headlines and market reaction on Wednesday. Reading the Oracle The business software giant reports earnings after the bel l on Wednesday. A blowout in its last quarter sent Oracle shares soaring 36% for its best day on record, and briefly got its market cap over $1 trillion on an intraday basis. But shares are down 36% from that high, with the company shedding $300 billion in market cap. Adobe also reports Wednesday night. Shares are down 2.8% in the last three months. Synopsys shares are down 23% since its earnings report three months ago. ORCL 3M mountain Oracle shares over the past three months Nvidia ripple effects China is reportedly going to limit the number of H200 AI chips Nvidia can sell in the country, even as the Trump administration has given the hyperscaler the green light . Nvidia shares, which had been up more than 2% after hours on Monday, finished the day down slightly. The stock is now 13% from its record high hit Oct. 29. Meanwhile, Chinese stocks were under pressure Tuesday. The KraneShares CSI China Internet ETF (KWEB) was down 1.3% The iShares China Large-Cap ETF (FXI) was down 1.7%. The iShares MSCI China ETF (MCHI) was down 1.4%. JPMorgan's Warning The big bank stock took a sharp leg lower midday after an executive warned of a "more fragile" environment for the consumer, and the bank shared higher-than-expected 2026 expense projections . JPMorgan shares ended the day down more than 4%, and are now down nearly 7% from its November record. CNBC's Leslie Picker spoke with other executives at the Goldman Sachs Financial Services Conference, including the CFO of Goldman and the CEO of Brookfield. She'll talk with Bank of America CEO Brian Moynihan and the head of Ares Management on Wednesday. Morgan Stanley , Goldman Sachs , Bank of New York Mellon , Capital One , State Street and Synchrony Financial all hit all-time highs during Tuesday's session Citigroup hit its highest level since 2008. JPM YTD mountain JPMorgan shares year to date Grocery Games Campbell's reported results before the bell Tuesday morning amid a rough run for consumer staples stocks. The soup company saw both sales and profit fall from the prior year on weak demand for snack foods. It also said it was buying a 49% stake in the maker of Rao's pasta sauce. Shares fell over 5% and are now down 32% this year. The broader staples sector is up just 1% this year. Dollar General and Dollar Tree are the best performers this year, each up 60% or more. Conagra leads the losses, down more than 38% in 2025; followed by Clorox , down nearly 38%; and Constellation Brands , down 35%. Investor days Nuclear power provider GE Vernova held its investor day. Shares were higher after hours, after the company raised its revenue target and upped its dividend and buyback plans. Shares were already up 90% this year, but the after-hours move puts it at a new record. Health care provider CVS Health also held its investor day, forecasting profit next year would come in ahead of expectations as its turnaround efforts take hold. Shares were up over 2%, bringing its gains for the year to nearly 75%. The stock on pace for its best year since 1982. Home Depot gave weaker-than-expected earnings growth guidance for next year at its investor day. Shares fell a percent today. They are down over 11% this year and down 3.5% since its last earnings report three weeks ago Energized gains Exxon Mobil jumped nearly 2% for its best day since July. The oil major upped expectations for earnings and cash flow growth through 2030. Exxon is up about 10% this year. XOM YTD mountain Exxon Mobil shares year to date Step aside, gold Silver notched its 10th record high of the year, jumping more than 4% and settling at over $60 an ounce. The "other" precious metal is up 108% in 2025, pacing for its best year since 1979. Silver miners came along for the ride, with many hitting 52-week highs, or better. Pan American Silver was up 11%, closing at a record. Silvercorp Metals was up almost 5%, at its best in about 5 years. Small-cap Integra Resources was up over 6%, hitting its best level since early 2022. Gold , meanwhile, settled 0.4%. It's up 60% this year, also its best since 1979.
|
PG&E Corporation
|
https://www.cnbc.com/2025/12/10/jim-cramer-says-buy-nvidia-if-you-dont-own-it-and-consider-these-2-stocks-too.html?&qsearchterm=PG
|
Jim Cramer says buy Nvidia if you don't own it, and consider these 2 stocks, too
| 2025-12-10T00:00:00
|
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 mixed Wednesday as investors awaited the Federal Reserve's expected interest rate cut at the conclusion of its December meeting at 2 p.m. ET. Fed Chairman Jerome Powell's news conference is set for 2:30 p.m. ET. Jim Cramer is paying attention to the S & P Short Range Oscillator as it hovers slightly below overbought territory. Despite this, Jim cited Club names Procter & Gamble and Texas Roadhouse as potentially "attractive" buy opportunities. 2. GE Vernova soared to all-time highs of $725 per share. The energy equipment giant excited investors with exceptional guidance out through fiscal 2028. The stock earned upgrades to buy ratings from at Oppenheimer and RBC Capital. JPMorgan hiked its price target on the stock to $1,000. "I think that's where it's headed," agreed Jim. We raised our Club price target on the stock to $800 from $700 and reiterated our buy-equivalent 1 rating . 3. Nvidia shares dipped Wednesday following a report in tech media outlet The Information, which said China-based AI startup DeepSeek was using smuggled Blackwell chips for its next models. Club name Nvidia refuted the claim. As of now, the U.S. chipmaker is still waiting to publicly hear about orders out of China for H200 chips, which were approved this week for export by the U.S. "This is all the wrong narrative," said Jim, who believes that China's business will be meaningful for the AI-leader. "You should take advantage [and buy the stock] if you don't own any Nvidia," Jim said. 4 . Stocks covered in Wednesday's rapid fire at the end of the video were: AeroVironment , Chewy , JPMorgan , Southwest Airlines , and KeyCorp . (Jim Cramer's Charitable Trust is long NVDA, PG, GEV, TXRH. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
|
PG&E Corporation
|
https://www.cnbc.com/2025/12/10/cnbcs-uk-exchange-newsletter-the-worlds-biggest-ice-cream-maker-hopes-the-futures-sweet.html?&qsearchterm=PG
|
CNBC's UK Exchange newsletter: The world’s biggest ice cream maker hopes the future’s sweet
| 2025-12-10T00:00:00
|
In this article ULVR-GB Follow your favorite stocks CREATE FREE ACCOUNT
This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Lovers of ice cream brands like Magnum, Cornetto, Carte D'Or, Ben & Jerry's, Breyers and Wall's can now own shares in them directly following Monday's demerger of The Magnum Ice Cream Company (TMICC) from former parent Unilever. In one of the splashiest stock market events of 2025, shares of TMICC debuted on Amsterdam's Euronext, and there are also secondary listings in London and New York — where Peter ter Kulve, the chief executive, will ring the opening bell today. (He'll also be live on CNBC's Squawk on the Street at 3 p.m. GMT/10 a.m. ET.) The listing, Euronext's largest this year, valued TMICC, the world's biggest ice cream producer, at 7.8 billion euros ($9.1 billion).
Magnum Ice Cream Company signage as a trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images
But what are the prospects for the newly demerged business and for Unilever itself? Neither question is easily answered. First: TMICC, where even the share price prospects are unpredictable in the short term. The company itself has warned that, as it will not qualify for indices such as the FTSE 100, there could be initial selling by tracker funds unable to hold the stock. The lack of a dividend in 2026 will also deter some investors. Unilever and its banking advisors sought to address this by setting a low reference price for TMICC shares and, accordingly, some bargain hunters may step in. And it is cheap: including debt, TMICC is worth little more than the next-biggest player in the $87-billion global ice cream market, Froneri, a British-based joint venture between Nestle and PAI Partners, the French private equity firm. It has an 11% global market share compared with TMICC's 21%. In terms of trading prospects, there are also headwinds, most obviously the growing popularity of weight-loss drugs. Ahead of the demerger, ter Kulve played down these risks, arguing that for years TMICC has evolved its portfolio to include more products with reduced sugar, higher amounts of protein or in which portions can be controlled. Examples include Breyers CarbSmart ice cream, which is higher in protein, or Ben & Jerry's move from pint cartons to ice cream on sticks. The CEO is targeting medium-term organic annual sales growth of 3%-5%, compared with the long-term average of 3% achieved under Unilever. There may also be opportunities for TMICC, as a more focused business, to increase investments in its supply chain, where there was little overlap with Unilever's other businesses, potentially leaving it neglected. That goes for the investment story more broadly. As Chris Beckett, consumer staples analyst at the wealth manager Quilter Cheviot, put it: "While Magnum hasn't thrived under Unilever's ownership, there is some hope that the revitalised management team — albeit predominantly made up of ex-Unilever employees — will produce a better operating performance." There is another potential thorn in ter Kulve's side. Ben & Jerry's, bought in April 2000 from founders Ben Cohen and Jerry Greenfield, has been increasingly problematic.
Tubs of Ben and Jerry's ice cream is displayed for sale in a freezer at a supermarket. Matt Cardy | Getty Images News | Getty Images
In 2021, the pair briefly stopped Unilever from selling the product in Israeli settlements in the West Bank, before the ensuing backlash prompted Unilever to sell the brand's Israeli arm to a local licensee. Greenfield left the business in September this year, while last month, TMICC said that Anuradha Mittal, chair of the Ben & Jerry's independent board, "no longer meets the criteria" to serve, without giving more details. In a typical piece of Dutch plain speaking, ter Kulve told the Financial Times on Monday the pair should "hand over to a new generation." He warned that TMICC might no longer continue contributing to the Ben & Jerry's charitable foundation unless corporate governance failures identified in a recent audit were addressed. The spat is another reason why Unilever will be happy to offload TMICC — where returns have been lower than in its other businesses, even though it is, for now, retaining a 19.9% stake, which will be sold over the next five years. A long overdue re-rating? The bigger question, though, is whether this latest reshaping of Unilever will lead to a re-rating by the market. I have been covering this company's fortunes for more than 30 years and have witnessed countless attempts to achieve this. Coming in, there were the purchases in 2000 of Ben & Jerry's, Slim-Fast (since sold) and Best Foods, which brought Unilever the Hellmann's brand; the ill-fated $1 billion acquisition of Dollar Shave Club in 2016; and the 2019 acquisition of the healthy snacking brand Graze, again since sold. Going out of the door have been Unilever's speciality chemicals business, sold to ICI for £5 billion ($6.66 billion) in 1997; its spreads business — including the Flora brand — which was sold to KKR for 6.7 billion euros in 2017 and, more recently, the £3.8 billion sale in 2021 of Unilever's black tea business, owner of iconic brands such as PG Tips and Liptons, to the private equity firm CVC. Not to mention a whole host of smaller disposals, such as Ambrosia creamed rice and Brown & Polson cornflour, both sold to Premier Foods in 2003 and Birds Eye frozen food, offloaded to Permira in 2006. In between, there have been numerous strategic overhauls. Terry Smith, whose investment firm Fundsmith is one of Unilever's top 10 shareholders, noted last year they have included 2010's Unilever Sustainable Living Plan, 2016's Connected 4 Growth and 2022's Unilever Compass Strategy for Sustainable Growth. Yet none mattered as much as the move, five years ago, to a single company structure that ended the 90-year-old arrangement of two parents — the British Unilever plc and the Dutch Unilever NV — and provided more corporate flexibility. The demerger of TMICC feels almost as fundamental. At a stroke, it raises the quality of Unilever's earnings, leaving it even more focused on the two dozen or so brands that account for three-quarters of its annual sales. Of these, a dozen have annual sales exceeding 1 billion euros, including Dove, Omo and Domestos. As Fernando Fernandez, the newish chief executive and a man plainly in a hurry, noted on LinkedIn on Monday: "For Unilever, this milestone allows us to keep sharpening our focus in building a portfolio of power brands with unparalleled geographical footprint and superior growth prospects." Notably, just two of these 1-billion-euro brands — Knorr and Hellmann's — reside in its food division. Other food brands, including Marmite, Colman's mustard and Bovril, are already said to be on the block. Should the spin-off of TMICC not result in a re-rating, it would be no surprise if Unilever became a pure beauty and well-being, personal care and home care business, with its entire foods division a distant memory. Top TV picks on CNBC
watch now
James Edwardes Jones, managing director at RBC Capital Markets, discusses Unilever's decision making for spinning off its ice cream business.
watch now
Visa is relocating its European headquarters from Paddington to London's Canary Wharf financial district — leasing a 15-year, 300,000-square-foot space at One Canada Square from 2028.
watch now
Huge fiscal stimulus and low rates are going to lift demand and growth globally, but protectionism and geopolitical unrest will raise inflation, says Wellington Management's Paul Skinner. — Katrina Bishop Need to know The UK wants to unlock more nuclear energy. Britain once had more nuclear power stations than the U.S., USSR and France combined. In 2023, the country generated just 14% of its power from nuclear — it wants to increase that proportion to 25% by 2050. UK's Canary Wharf grows more attractive to companies. Once emptied by the coronavirus pandemic, London's answer to Wall Street is seeing a resurgence of interest. Visa is moving its European headquarters there, while JPMorgan plans to build a new tower in the area. [PRO] A UK travel company that could see its share price multiply. Alyx Wood, co-founder and chief investment officer of Kernow Asset Management — a contrarian stock picker — said the stock is "materially undervalued," and gives it an upside of 468% over the next five years. — Yeo Boon Ping, Katrina Bishop Quote of the week We should get, starting at the December [BoE] meeting, a much clearer route to rate cuts in the U.K. … The U.K. market has not done badly this year, but those rate cuts actually give a decent story for us to look forward into next year.
— George Godber, fund manager, Polar Capital UK Value Opportunities Fund In the markets London-listed stocks reversed course this week, with the FTSE 100 losing 0.62% since last Wednesday. The index closed 0.03% lower at 9642.01 on Tuesday, pulling back from reaching a landmark 10,000 points. Shares of WPP rallied 6.3% on Tuesday after the advertising and communications giant landed a lucrative contract to run the U.K. government's ad strategy. The four-year deal, which is reportedly worth up to £2 billion ($2.7 billion), will see WPP-owned agency Wavemaker oversee a wide range of media and advertising campaigns for the government. Meanwhile, Unilever was another one of the FTSE's key risers on Tuesday, rising 3.6% as its ice cream spin-off The Magnum Ice Cream Company debuted on stock exchanges in London, New York and Amsterdam on Monday. The British pound was marginally lower against the greenback over the week, trading at $1.3296 on Tuesday, compared with last Wednesday's $1.3352. Yields on the U.K. government's benchmark 10-year bonds — also known as gilts — rose over the same period, up to 4.511% from 4.480%.
Stock Chart Icon Stock chart icon The performance of the Financial Times Stock Exchange 100 Index over the past year.
|
M&T Bank
|
https://www.cnbc.com/2025/12/09/cramers-lightning-round-im-going-to-have-to-stay-away-from-dorman-products.html?&qsearchterm=M
|
Cramer's Lightning Round: 'I'm going to have to stay away from' Dorman Products
| 2025-12-09T00:00:00
|
Stock Chart Icon Stock chart icon Dorman Products' year-to-date stock performance.
Dorman Products : "The only thing worse than housing is cars. I'm going to have to stay away from that one."
Stock Chart Icon Stock chart icon CoreWeave's year-to-date stock performance.
CoreWeave : "...There are better places to play the data center, but it's doing very, very well."
Stock Chart Icon Stock chart icon Alaska Air Group's year-to-date stock performance.
Alaska Air Group : "I think Alaskan's good...but as a trading vehicle only."
watch now
|
KeyCorp
|
https://www.cnbc.com/video/2025/12/09/keycorp-is-well-positioned-if-the-fed-cuts-interest-rates-says-ceo.html?&qsearchterm=KeyCorp
|
KeyCorp is well positioned if the Fed cuts interest rates, says CEO Chris Gorman
| 2025-12-09T00:00:00
|
KeyCorp is well positioned if the Fed cuts interest rates, says CEO Chris Gorman
CNBC's Jim Cramer sits down with KeyCorp chairman and CEO Chris Gorman to discuss the company's momentum, investment strategy, stock buybacks and more.
|
Pentair
|
https://www.cnbc.com/2025/12/10/wednesday-stock-calls-from-analysts-include-nvidia-roblox-ge-vernova.html?&qsearchterm=Pentair
|
Here are Wednesday's biggest analyst calls: Nvidia, Amazon, PepsiCo, Roblox, SharkNinja, GE Vernova, Micron Technology & more
| 2025-12-10T00:00:00
|
Here are the biggest calls on Wall Street on Wednesday: Stephens initiates LKQ at overweight Stephens says the online auto parts store is a "deep value stock." "We are initiating coverage of LKQ with an Overweight rating, $39 PT." JPMorgan upgrades PepsiCo to overweight from neutral JPMorgan says the stock is too cheap to ignore. "We are upgrading PepsiCo (PEP) to Overweight from Neutral as we believe an accelerated agenda of innovation and marketing spending fueled by strong productivity savings should position PEP to drive HSD total shareholder return (TSR) in 2026, which benchmarks well against high-quality peers yet at a steep high-teens discount." Read more. KeyBanc initiates Samsara at overweight Key sees "meaningful growth ahead" for the stock. "We believe Samsara's modern end-to-end platform for operations is well positioned to address the large +$45T 'Physical Operations' industry that has historically been underserved by technology, with organizations still heavily reliant on manual processes and siloed legacy processes." Wolfe upgrades Waters to outperform from peer perform Wolfe says the lab and medical supplies company has plenty more room to run. "We are upgrading WAT to OP with a PT of $480. Shares are positioned to outperform via the combination of (a) above-avg. core growth, (b) upside to pro forma financial targets, (c) a very attractive FCF profile, and (d) a top-notch management team." Guggenheim initiates Amazon at buy Guggenheim sees "continued dominance" in e-commerce. "We are initiating coverage of AMZN with a Buy rating and a $300 Price Target." B Riley initiates Roblox at buy B Riley says Roblox is a "game changer." "We are initiating coverage of Roblox Corporation ( RBLX) with a Buy rating and 12-month price target of $125 per share, implying 30%+ potential upside from the December 4 close." Raymond James upgrades Blue Owl to strong buy from market perform The firm says credit metrics remain strong for Blue Owl. "Upgrading OWL to Strong Buy with ~20% upside." JPMorgan initiates Laureate Education at overweight JPMorgan says it sees "consistent growth" from the LatAm education company. "We initiate coverage on Mexican/Peruvian higher education company Laureate with an Overweight rating and $40 Dec 2026 price target." KeyBanc reiterates Nvidia as overweight Key says it's sticking with shares of Nvidia. "We see NVDA remains uniquely positioned to benefit from AI/ML secular data center growth within the industry." TD Cowen upgrades Parsons to buy from hold The firm sees a compelling entry point for the infrastructure and tech solutions provider. "We are upgrading our rating on PSN to Buy from Hold, with a $75 PT." TD Cowen upgrades KeyCorp to buy from hold TD Cowen upgrades the regional bank following and investor conference. "At a recent investor conference, KeyCorp delivered a series of updates that meaningfully improve visibility into the medium-term outlook and profitability trajectory of the company." JPMorgan upgrades Helmerich & Payne to overweight from neutral JPMorgan sees several positive catalysts ahead for the drilling company. "We upgrade HP shares to Overweight given upside to consensus FY26/FY27 estimates, attractive relative valuation, and international land segment optionality, with Saudi rig recovery expected to drive incremental growth." TD Cowen initiates SharkNinja at buy TD Cowen likes the consumer products company's growth prospects. "We are encouraged b y SN' s growth prospects as a category disruptor with core competencies rooted in innovation, creative marketing, and quality married with value." Bank of America upgrades HSBC to buy from neutral Bank of America says the banking giant has "growth and strategy execution." "Two areas where we see significant growth in 2026 are (i) Hong Kong deposits, and (ii) Asia Wealth. Both are areas where we think HSBC has significant competitive advantage, and where management has committed to focus more investments in." Bernstein reiterates Netflix as outperform The firm says Netflix has no catalyst to back out of its agreement to acquire Warner Bros. "In trying to secure that future, Netflix may have created a problem it didn't previously have, or at least exacerbated it. If the deal were to proceed as planned — a question at this point — they need a compelling set of arguments for regulatory approval." Morgan Stanley upgrades Terex to overweight from equal weight Morgan Stanley says the construction stock is cheap. "Upgrade TEX to OW on troughing earnings, improved portfolio, bottoming Non- Resi cycle, and cheap valuation." Morgan Stanley upgrades EchoStar to overweight from equal weight Morgan Stanley says the satellite company is best positioned. "We upgrad e SATS to OW with $110 PT and $120 bull case. This reflects the opportunity still ahead to unlock value through tax-efficient spectrum sales." Jefferies upgrades Pentair to buy from hold Jefferies says the water management company is a compounder. "We are upgrading PNR to Buy from Hold, as the company should compound earnings through '27 as volumes recover and margins continue to expand, with potential upside from bolt-on acquisitions." TD Cowen names Amazon a best idea TD Cowen says the stock is a best idea for 2026. "We see 3 key drivers fo r AMZN shares in '26: i) Accelerating AWS rev growth; ii) eCommerce and Advertising Momentum; & iii) Cont'd Op Margin expansion, driven by Ads, AWS, and further fulfillment efficiency gains." HSBC upgrades AbbVie to buy from hold HSBC says the biopharma company has "growth momentum." "The market is broadly divided into two camps on Abbvie. The bears argue that the growth expectations are priced to perfection, and increased competition in the auto-immune space can potentially lead to multiple headwinds. The bulls are excited about low LOE exposure combined with solid growth and execution." RBC upgrades Vale to outperform from sector perform RBC says the metals and mining company is best positioned. " Vale is a world-leading iron ore and nickel producer with further operations in copper and nickel." Oppenheimer upgrades GE Vernova to outperform from perform Oppenheimer upgrades the stock following its investor update meeting. " GEV guided to significant upside vs. previous guidance in light of pricing and volume improvements while indicating potential for further upside from factory throughput and operational efficiencies." Canaccord initiates OrthoPediatrics at buy The firm initiates coverage of the stock and says it's in a strong position in the pediatric orthopedic device market. "We are initiating coverage of OrthoPediatrics ( KIDS) with a BUY rating and $24 price target." Barclays reiterates Carvana as overweight Barclays says the used car company is best positioned. "We raise our price target on CVNA to $465 (was $390). This is primarily as we now use a lower equity risk premium in our discounted cash flow valuation with the stock's recent inclusion in the S & P 500 Index and its larger market capitalization." Citi reiterates Micron Technology as buy Citi says it's bullish ahead of Micron earnings next week. "We raise estimates and reiterate our Buy rating and raise our price target from $275 to $300. Our F26 EPS estimate is 52% above Consensus." Jefferies upgrades Commercial Metals to buy from hold Jefferies says investors should buy the dip in the metals and steel company. "Finally, we upgrade CMC from Hold to Buy following the recent underperformance and the continued resilience in rebar pricing."
|
Clorox
|
https://www.cnbc.com/2025/12/09/wednesdays-big-stock-stories-whats-likely-to-move-the-market-in-the-next-trading-session.html?&qsearchterm=Clorox
|
Wednesday's big stock stories: What’s likely to move the market in the next trading session
| 2025-12-09T00:00:00
|
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching on Tuesday and what's on the radar for Wednesday's next session. The last Fed decision of the year Markets are betting the central bank will almost certainly cut rates by a quarter point Wednesday, and those hopes have helped stock markets climb back toward record highs. The S & P 500 was down slightly on Tuesday and it's a little over a percent off its record from Oct. 29. The Dow shed 180 points and is 1.8% off its Nov. 12 record. The Nasdaq eked out a gain on Tuesday, and is up 0.9% in December. It's 1.9% from its Oct. 29 high. The small-cap Russell 2000 though, closed at a record. It's up 13% this year. The yield on 10-year Treasurys rose on Tuesday , and is up nearly 20 basis points this month. Senior economics reporter Steve Liesman will have all the headlines and market reaction on Wednesday. Reading the Oracle The business software giant reports earnings after the bel l on Wednesday. A blowout in its last quarter sent Oracle shares soaring 36% for its best day on record, and briefly got its market cap over $1 trillion on an intraday basis. But shares are down 36% from that high, with the company shedding $300 billion in market cap. Adobe also reports Wednesday night. Shares are down 2.8% in the last three months. Synopsys shares are down 23% since its earnings report three months ago. ORCL 3M mountain Oracle shares over the past three months Nvidia ripple effects China is reportedly going to limit the number of H200 AI chips Nvidia can sell in the country, even as the Trump administration has given the hyperscaler the green light . Nvidia shares, which had been up more than 2% after hours on Monday, finished the day down slightly. The stock is now 13% from its record high hit Oct. 29. Meanwhile, Chinese stocks were under pressure Tuesday. The KraneShares CSI China Internet ETF (KWEB) was down 1.3% The iShares China Large-Cap ETF (FXI) was down 1.7%. The iShares MSCI China ETF (MCHI) was down 1.4%. JPMorgan's Warning The big bank stock took a sharp leg lower midday after an executive warned of a "more fragile" environment for the consumer, and the bank shared higher-than-expected 2026 expense projections . JPMorgan shares ended the day down more than 4%, and are now down nearly 7% from its November record. CNBC's Leslie Picker spoke with other executives at the Goldman Sachs Financial Services Conference, including the CFO of Goldman and the CEO of Brookfield. She'll talk with Bank of America CEO Brian Moynihan and the head of Ares Management on Wednesday. Morgan Stanley , Goldman Sachs , Bank of New York Mellon , Capital One , State Street and Synchrony Financial all hit all-time highs during Tuesday's session Citigroup hit its highest level since 2008. JPM YTD mountain JPMorgan shares year to date Grocery Games Campbell's reported results before the bell Tuesday morning amid a rough run for consumer staples stocks. The soup company saw both sales and profit fall from the prior year on weak demand for snack foods. It also said it was buying a 49% stake in the maker of Rao's pasta sauce. Shares fell over 5% and are now down 32% this year. The broader staples sector is up just 1% this year. Dollar General and Dollar Tree are the best performers this year, each up 60% or more. Conagra leads the losses, down more than 38% in 2025; followed by Clorox , down nearly 38%; and Constellation Brands , down 35%. Investor days Nuclear power provider GE Vernova held its investor day. Shares were higher after hours, after the company raised its revenue target and upped its dividend and buyback plans. Shares were already up 90% this year, but the after-hours move puts it at a new record. Health care provider CVS Health also held its investor day, forecasting profit next year would come in ahead of expectations as its turnaround efforts take hold. Shares were up over 2%, bringing its gains for the year to nearly 75%. The stock on pace for its best year since 1982. Home Depot gave weaker-than-expected earnings growth guidance for next year at its investor day. Shares fell a percent today. They are down over 11% this year and down 3.5% since its last earnings report three weeks ago Energized gains Exxon Mobil jumped nearly 2% for its best day since July. The oil major upped expectations for earnings and cash flow growth through 2030. Exxon is up about 10% this year. XOM YTD mountain Exxon Mobil shares year to date Step aside, gold Silver notched its 10th record high of the year, jumping more than 4% and settling at over $60 an ounce. The "other" precious metal is up 108% in 2025, pacing for its best year since 1979. Silver miners came along for the ride, with many hitting 52-week highs, or better. Pan American Silver was up 11%, closing at a record. Silvercorp Metals was up almost 5%, at its best in about 5 years. Small-cap Integra Resources was up over 6%, hitting its best level since early 2022. Gold , meanwhile, settled 0.4%. It's up 60% this year, also its best since 1979.
|
FactSet
|
https://www.cnbc.com/2025/12/10/jim-cramers-top-10-things-to-watch-in-the-stock-market-wednesday.html?&qsearchterm=FactSet
|
Jim Cramer's top 10 things to watch in the stock market Wednesday
| 2025-12-10T00:00:00
|
My top 10 things to watch Wednesday, Dec. 10 1. Stocks were little changed early this morning as Wall Street awaits the Federal Reserve's interest rate decision at 2 p.m. ET. The Fed is expected to deliver a 25-basis-point rate cut, which would be the third such move this year. Investors will keep a close eye on how many central bankers dissent , and what they see for the U.S. economy. Fed Chairman Jerome Powell holds his post-meeting news conference at 2:30 p.m. ET. 2. SpaceX is looking to pursue an initial public offering that would raise more than $30 billion and value the Elon Musk-led company at roughly $1.5 trillion, according to Bloomberg . The transaction, expected to take place sometime in 2026, would be the biggest IPO in history. It could impact the market negatively. 3. GE Vernova shares jumped 10% this morning after the energy equipment maker delivered upbeat fiscal 2026 guidance and raised its long-term outlook at last night's investor meeting. The Club stock is trading around $688, above its all-time high. Much better EBITDA and returning capital . There's excitement about nuclear, but it's realistic. There are a lot of price target increases, including JPMorgan, which went to $1,000 from $740, implying 60% upside to yesterday's close. 4. JPMorgan shares were down after the bank warned of higher-than-expected spending during an industry conference yesterday. JPMorgan's CEO of consumer and community banking, Marianne Lake, said that expenses next year will total $105 billion, slightly higher than the FactSet consensus estimate of roughly $101.4 billion. Revenue, as a result, could be slightly lower than estimates. Lake cited product marketing, building branches and investing in AI as what's causing the cost increase. 5. Speaking at that same conference, Wells Fargo CEO Charlie Scharf said that the bank will likely cut more of its workforce, which will result in higher severance expenses in the current fourth quarter. Wells Fargo has roughly 210,000 employees, down drastically from the 275,000 the firm employed when Scharf joined in 2019 as the CEO continues to focus on efficiency. Wells is now playing offense since getting its $1.95 trillion asset cap removed earlier this year, as well. After all, Scharf said yesterday that Wells wants to become a top investment banking player on Wall Street. 6. Discover Financial was a homerun acquisition for Club holding Capital One . That's according to remarks on the completed deal from Capital One CEO Richard Fairbank at the same industry conference yesterday. Fairbank also said that Capital One is buying back $1 billion in stock each year. The growth at this credit card issuer is huge. 7. Piper Sandler raised its Citigroup price target to $120 from $110 and kept its buy rating, saying the bank is approaching old problems in new ways. No more silos, breaking down business, exiting loser markets, and putting more in winning markets. 8. Marvell CEO Matt Murphy sets the record straight , telling me on "Mad Money" last night that the custom chipmaker is not losing Amazon Web Services or Microsoft as customers. Murphy said that speculation to the contrary is just the media and analysts making something out of nothing. Marvell shares bounced about 2% this morning after sharp back-to-back losses on those reports. The Club owns Amazon and Microsoft. 9. A handful of analysts cut their price targets on Club name Home Depot after management delivered disappointing guidance for fiscal 2026 at yesterday's investor event. Goldman Sachs bucked the trend and raised its PT. All the analysts kept their buy ratings, thinking Home Depot is doing lots of things in its control right and taking share. The company did issue what it called a long-term "market recovery case," showing how it is prepped for a housing comeback. Fed rate cuts will help. 10. CVS Health delivered upbeat guidance at its investor day yesterday. It was a much better than expected outlook. CEO David Joyner is doing it right: Minimizing front of store and leaning into the health side. Tons of analysts raised their price targets. And again, they all kept buy ratings on the stock. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
|
FactSet
|
https://www.cnbc.com/2025/12/09/stocks-making-the-biggest-moves-after-hours-avav-gev-cbrl.html?&qsearchterm=FactSet
|
Stocks making the biggest moves after hours: AeroVironment, GE Vernova, Cracker Barrel and more
| 2025-12-09T00:00:00
|
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That's well below the 78 cents per share that analysts surveyed by LSEG estimated. The company's revenue of $473 million, however, beat the consensus estimate of $468 million. Braze — Shares of the consumer engagement platform jumped 10% after its revenue for the third quarter of $191 million topped the analyst estimate of $184 million, per LSEG. Adjusted earnings, however, came in line with expectations at 6 cents per share. GameStop — The gaming stock shed more than 5% as third-quarter revenue growth was disappointing. GameStop earned 24 cents per share, excluding items, on revenue of $821 million. Sales were down about 4.5% from the year-ago quarter. Cracker Barrel Old Country Store — Shares of the restaurant company dropped about 9% in extended trading after Cracker Barrel's first-quarter revenue came out worse than Wall Street had expected. Cracker Barrel reported $797.2 million in revenue for the period, while analysts' polled by FactSet expected $800.3 million. The company reported a narrower-than-expected adjusted loss, meanwhile. GE Vernova — The energy giant saw shares climb roughly 7% after it raised its 2026 revenue forecast to a range of $41 billion to $42 billion for 2026, compared with expectations of between $36 billion and $37 billion for this year. The company, which has benefited from strong power demand this year, also doubled its quarterly dividend to 50 cents from 25 cents per share and authorized the buyback of $10 billion of stock.
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.