Stocks making the biggest moves midday: Nvidia, Ollie’s Bargain Outlet, Birkenstock, Disney and more

Check out the companies making headlines in midday trading. Nvidia – Nvidia shares dropped 1.1%, reversing an earlier gain that had pushed the stock briefly out of correction territory. Shares have surged more than 160% since the start of 2024. General Mills — The...

The Fed sees only two rate cuts in 2025, fewer than previously projected

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., November 7, 2024. Annabelle Gordon | ReutersThe Federal Reserve on Wednesday...

Stocks making the biggest moves premarket: General Mills, Nvidia, Jabil and more

Check out the companies making headlines before the bell. General Mills — The maker of consumer food products such as Cheerios and Cocoa Puffs sank 5% after trimming its outlook for 2025. General Mills said it now expects adjusted earnings per share to fall between 3%...

UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit

The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly’s UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using...

Why the Dow is in such a historic funk and how concerned you should be

Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024.Brendan McDermid | ReutersThe Dow Jones Industrial Average has been declining for nine straight days, posting its longest losing streak since February 1978. What is going on and how...

Stocks making the biggest moves midday: Pfizer, Broadcom, Teva Pharmaceuticals and more

Check out the companies making headlines in midday trading: Teva Pharmaceuticals , Sanofi — Shares of Teva Pharmaceuticals and Sanofi rose more than 26% and 6%, respectively, after the companies announced positive Phase 2b results for duvakitug, their joint treatment...

After taking morning profits, we’re afternoon buyers of 2 stocks in an oversold market

We’re buying 25 shares of Home Depot at roughly $407 each and 15 shares of Blackrock at roughly $1,041. Following Tuesday’s trades, Jim Cramer’s Charitable Trust will own 200 shares of HD, increasing its weighting to 2.25% from about 2%. The Trust...

ETFs will soon beat mutual funds among financial advisor holdings, report finds

Violetastoimenova | E+ | Getty ImagesFinancial advisors will soon — and for the first time — hold more of their clients’ assets in exchange-traded funds than in mutual funds, according to a new report by Cerulli Associates.Nearly all advisors use mutual funds...

Stocks making the biggest moves premarket: Pfizer, Tesla, SolarEdge, Red Cat and more

Check out the companies making headlines in premarket trading. Pfizer — The drugmaker’s stock climbed more than 2% in premarket trading after the company released 2025 forecast that met Wall Street expectations . Pfizer said it expects revenue between...

Why new retirees may need to rethink the 4% rule

Laylabird | E+ | Getty ImagesA popular retirement strategy known as the 4% rule may need some recalibration for 2025 based on market conditions, according to new research.The 4% rule helps retirees determine how much money they can withdraw annually from their...