Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Stocks making the biggest moves premarket: Super Micro Computer, Cracker Barrel, Nike and more
These are the stocks posting the largest moves in the premarket.
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The World Cup will likely be the biggest gambling event in history
Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.
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Gold, silver and bitcoin fall as traders up Fed rate hike bets
Precious metals were firmly in negative territory, as fears about inflation and the Federal Reserve’s interest rate path weighed on investor sentiment.
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Two reasons for optimism after Tuesday’s whipsaw market sell-off
There’s reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lower, and call-buyers who are prepared for the biggest move in Oracle since Covid.
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RBC downgrades this apparel company on worries its turnaround will take longer than expected
The bank said Nike, while making some progress under Elliott Hill, is still struggling to mount a comeback.
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Trump says Iran will ‘pay the price’ and claims they have ‘taken too long’ to agree to a deal
The president’s comments came after U.S. forces on Tuesday evening launched strikes against Iran.
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How pandemic car shortages are still making new and used cars expensive
Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight
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Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates rose as well.
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It’s time to get back into this fast-casual stock, UBS says
The bank thinks shares of Cava are set to rise on the back of same-store sales growth and a growing number of locations.
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Bill Gates to face questions about Jeffrey Epstein from House Oversight panel
Gates reportedly prepared for his testimony with the help of Jake Greenberg, who previously was the Oversight committee’s chief investigations counsel.
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