Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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One ETF is handily outperforming the S&P 500 this year. All the stocks in it are run by women
The Hypatia Women CEO ETF hit another all-time high on Thursday. The founder explains the secret to its success.
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CFRA gets more bullish, hikes S&P 500 year-end target to 8,050
The firm said the revision reflects a confluence of fundamental, technical and historical factors bolstering the market.
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United Wholesale Mortgage plunges 40% after suspending dividend and raising capital
“We’re taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come,” CEO Mat Ishbia said in a statement.
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Gas prices could remain high this fall even if crude prices stabilize. Here’s why
The refining market is very tight due to the Ukraine and Iran wars, keeping gas prices elevated even as crude prices fall.
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Big Tech’s free cash flow — or lack thereof — only tells part of the investment story
Hyperscalers are still reporting impressive growth in operating cash flow.
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Stocks making the biggest moves midday: UWM Holdings, Honeywell Aerospace, Macom, Peloton & more
Here are some of the companies making headlines in midday trading.
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Oil prices jump after Iran publishes restrictive draft plan for Strait of Hormuz
Crude oil prices rose Thursday after Iranian state news published a draft plan with restrictive conditions for ship traffic in the Strait of Hormuz.
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Rep. Jim Jordan, House Republicans raise alarms over new South Korean ‘fake news’ law
GOP members of the House Judiciary Committee on Thursday sent a letter to South Korean regulators raising concerns about a law they say will lead to censorship.
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Situational Awareness wasn’t the only one that had a bad July. Hedge funds took a historical hit last month
Tech-focused hedge funds lost 10.2% of their value in July, making it the worst month on record for the category, JPMorgan found.
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Homeowners are paying much more for insurance — and keeping coverage is getting harder
Homeowners insurance premiums have risen faster than inflation across the country, according to a new industry report.
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