Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Where this top bond manager is investing for income in the second half
As the bond landscape shifts, Franklin Templeton Fixed Income chief investment officer Sonal Desai is finding ample opportunities for income.
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Few bright spots in Wednesday’s tough market — why Nvidia stock is one of them
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Trump says he’s ‘not sure’ he wants Iran deal as Hormuz Strait strife deepens
CENTCOM said it launched dozens of strikes on Iranian military infrastructure and small boats; Trump said the U.S. might take more military action “tonight.”
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A turnaround is unfolding for this beat-up shipping stock, charts show
The year has been rocky so far for UPS, but several chart patterns suggest a rebound could be underway.
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Fed officials were split on direction of interest rates at last meeting, minutes show
The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.
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JPMorgan calls the possibility of a SpaceX-Tesla merger ‘strategically coherent’
A merger between SpaceX and Tesla would enable CEO Elon Musk to “unify vision, mission, and engineering leadership across both platforms,” per JPMorgan.
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Stocks making the biggest moves midday: Broadcom, Chevron, Alibaba, Carnival & more
Here are the companies making headlines in midday trading.
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Iran conflict flare-up awakens bears in airline stocks, but there’s one big catch
The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week.
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‘Magnificent Seven’ stocks are the cheapest in a decade, by one measure
The megacaps have had a rough year, but they’re starting to look like bargains at these levels, one firm said.
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