Here are Tuesday’s biggest calls on Wall Street: JPMorgan upgrades IBM to overweight from neutral JPMorgan said it sees “software acceleration.” “We are upgrading to Overweight with greater confidence in a 2H’26 CC software acceleration following a deeper look at IBM’s software business.” Read more. Morgan Stanley upgrades Qiagen to overweight from equal weight The…
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket…
Over recent weeks, Parker Taylor reached a grim milestone in his work history. The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn’t been able to start a new gig after losing his job shortly before…
NEWYou can now listen to Fox News articles! In an interview with the Ruthless Podcast, the music composer of the “Halo” video game series and congressional candidate, Marty O’Donnell, said he wants to get the government back to normal. “What I’m hearing a lot is that what the Democrats are trying to push is essentially…
As the AI-propelled bull market enters its fourth summer, its pace and character remain rather consistent. Beneficiaries of the urgent, unprecedented buildout of computing capacity are carrying the indexes, with timely rotations into the broader array of stocks allowing the leaders to rest periodically. The S & P 500 ‘s annualized total return for the…
As the New York Knicks clinched their first championship in 53 years and the NBA notched its highest Finals series ratings since 1998, professional basketball was inking another record. The five-game series between the Knicks and the San Antonio Spurs generated “15 billion views and counting on social media, the most ever for an NBA…
A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena in Sunrise, Florida, April 30, 2026. Joe Raedle | Getty Images The stronger-than-expected start this year for job creation could be in for a reality check when the Bureau of…
CNBC’s Robert Frank reports on the new CNBC Elite Advisor list. Source link
Ahead of the 2026 FIFA World Cup, many expected and claimed that the United States would not be a successful host for soccer’s biggest tournament. With the World Cup approaching the end of the group stage, it’s become clear that those expectations could not have been more wrong. Games have been full, even those between…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 18, 2026. Jeenah Moon | Reuters Just a day after making new all-time records, the semiconductor sector is down almost 7% and traders are finding a cheap way to bet on a bigger pivot. Options volume…
The Fox Corp. headquarters are seen on June 15, 2026, in New York City. Michael M. Santiago | Getty Images The media industry has long been preparing for consolidation and mega deals. And yet Fox Corp.’s acquisition of Roku seems to have taken the market by surprise. On Monday, Fox said it would acquire Roku…
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than they were 12 months ago hitting a nearly four-year high, according to a Federal Reserve Bank of New York survey. While the central bank’s monthly Survey of Consumer Expectations, released Monday, showed the inflation outlook…
For the most part, the San Francisco Giants have been a disaster on and off the field this season. They’re getting roasted in the National League West, and the team’s response to multiple players writing Bible verses on their pride hats has been anything but smooth. On Tuesday, the Giants returned for a series against…
Keurig Dr Pepper stock is likely to rebound as the beverage company reassures investors it can pull off its planned coffee business spinout, according to Barclays. The investment bank upgraded Keurig Dr Pepper to overweight from equal weight. It also hiked its price target on shares to $36 from $30, implying 15% upside from Wednesday’s…
The WNBA is expanding its footprint to CNBC. CNBC parent Versant announced Wednesday that the business news network will simulcast 11 WNBA games this season. The matchups will also air on Versant’s USA Network. Last September, Versant and the WNBA announced an 11-year media rights agreement that includes both regular-season and postseason games. As part…
A customer shops at Handy Market in Burbank, California, May 14, 2026. Justin Sullivan | Getty Images Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation…
NEWYou can now listen to Fox News articles! Inflation, the effects of GLP-1 weight-loss drugs, and an increased interest in healthy living are all affecting the way people shop for groceries, experts say. As consumers look for ways to stretch their food budgets while prioritizing nutrition, grocery shopping strategies are evolving. Most Americans (54%) still…
Check out the companies making the biggest moves premarket: Cerebras — The semiconductor company dropped 11% after posting its first earnings report since going public in May. Cerebras reported a first-quarter loss of 22 cents on revenues of $193.4 million. The company also said core gross margin is expected to shrink to between 36% and…