Pro Picks: Watch all of Friday’s big stock calls on CNBC

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros discussed Ford after the automaker missed on earnings in the fourth quarter and revealed a full-year net loss. Also, Deutsche Bank downgraded Ford to sell from hold . Jim Cramer says if next quarter is more of the … Read more

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Star Bulk, Alphabet, and more: CNBC’s ‘Halftime Report’ traders answer your questions

On Friday’s “Ask Halftime,” our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this heightened market volatility, including whether to buy, sell or hold specific companies Jenny Harrington of Gilman Hill Asset Management discussed shipping line Star Bulk Carriers and why she thinks China reopening will benefit Star near-term. Virtus Investment … Read more

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Here’s where the jobs are for January 2023 — in one chart

The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,000 positions at restaurants and bars alone, the Bureau of Labor Statistics said in a report released Friday. Employment at hotels continued to … Read more

View More Here’s where the jobs are for January 2023 — in one chart

European markets pull back as investors watch economic data, earnings

LONDON — European markets retreated on Friday as investors digest key central bank decisions, economic data and corporate earnings. The pan-European Stoxx 600 index was down 0.4% in early trade, with autos shedding 1.1% to lead losses as all sectors and major bourses slid into the red. The European blue chip index enjoyed a strong … Read more

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Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies

Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies, as China has done, arguing that a lack of regulation enabled wretched excess and a gambling mentality. “A cryptocurrency is not a currency, not a commodity, and not a security,” the 99-year-old Munger … Read more

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Pro Picks: Watch all of Thursday’s big stock calls on CNBC

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. The pros had a lot to say about Meta Platforms . Shares of the Facebook parent spiked after it beat revenue estimates in the fourth quarter and CEO Mark Zuckerberg gave a bullish forecast. A slew of analysts upgraded the … Read more

View More Pro Picks: Watch all of Thursday’s big stock calls on CNBC

Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue

A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter of profit, receiving a boost from higher interest rates and favorable market conditions. Deutsche Bank reported a 1.8 billion euro ($1.98 billion) net profit … Read more

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Pro Picks: Watch all of Wednesday’s big stock calls on CNBC

Market Movers rounds up the best trade ideas from investors and analysts throughout the day. Jim Cramer discussed Advanced Micro Devices . On Tuesday, the chipmaker beat fourth-quarter estimates for sales and profit. Despite the earnings beat, the company sees a 10% decline in sales on a year-over-year basis in the current quarter. The stock … Read more

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Morgan Stanley analyst says these ‘undervalued’ bank stocks could rise 24%

The top picks of Morgan Stanley bank analyst Betsy Graseck are looking undervalued as the market rallies, she said Wednesday in a report. The shares of Graseck’s three overweight-rated banks, JPMorgan Chase , Wells Fargo and Regions Financial , have underperformed versus the S & P 500 since last month, when the companies released fourth-quarter … Read more

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UBS downgrades Snap after earnings, says rising competition will keep pressure on stock

Snap may have trouble keeping up with ever-rising competition going forward, according to UBS. Analyst Lloyd Walmsley downgraded the social media company to neutral from buy. He also reiterated a price target of $10, which implies downside of 13.5% from Tuesday’s close, and trimmed his 2023 revenue outlook on Snap. “We see increasing competition everywhere,” analyst … Read more

View More UBS downgrades Snap after earnings, says rising competition will keep pressure on stock