Shares in Asia were primed for advances Thursday after robust US corporate results and an extension to the US-Iran ceasefire lifted Wall Street to a record. Equity index futures for Japan, Hong Kong and South Korea all climbed. Contracts for US benchmarks were little changed after the S&P 500 rose 1.1% to a record high Wednesday, placing the index on track for its best month since 2020, while the ...
Shares in Asia were primed for advances Thursday after robust US corporate results and an extension to the US-Iran ceasefire lifted Wall Street to a record. Equity index futures for Japan, Hong Kong and South Korea all climbed. Contracts for US benchmarks were little changed after the S&P 500 rose 1.1% to a record high Wednesday, placing the index on track for its best month since 2020, while the Nasdaq 100 gained 1.7% to also set a new closing peak. US chipmakers climbed for a 16th straight day, the longest-ever advance. Treasuries edged lower across the curve and a gauge of the dollar was little changed. Brent oil settled near $102. The broadly risk-on moves were helped along by solid US corporate earnings. Boeing Co. jumped on solid first-quarter deliveries. In late hours Wednesday, Tesla Inc. gained as earnings beat estimates. Texas Instruments Inc. gave a strong forecast for the current period. “Stocks are rebounding after suffering the first back-to-back losses of the month, with President Trump’s ceasefire extension and upbeat earnings reports driving continued equity upside,” said Jose Torres at Interactive Brokers. Trump’s ceasefire extension represented a retreat from threats to resume the bombing of Iran in the event a deal couldn’t be reached by a Wednesday deadline, a move that would have revived a war that’s killed thousands of people and sent energy prices soaring. The question now is whether the two sides can reach an agreement. Tensions remain high as Tehran keeps a tight grip on the Strait of Hormuz , controlling passage through the trade route and firing on ships. The US refuses to lift its blockade on Iranian-linked vessels. “While the Iran conflict is ongoing, my sense is that investors are already starting to look through it and focus on what really matters,” said Kenny Polcari at SlateStone Wealth. “We’ve seen this movie before — the headlines hit, the market reacts, then it settles down and refocuses on fundamentals.” Strong corporate profits...
watch now VIDEO 1:22 01:22 Jim Cramer explains a framework to avoid missing out on big winners Mad Money with Jim Cramer CNBC's Jim Cramer on Wednesday offered investors a mental framework to make buying high-flying stocks easier to stomach. "In a hot market ... you needed to have the discipline to pay up for great stocks to avoid missing out,'" the "Mad Money" host said. Cramer described a lesson...
watch now VIDEO 1:22 01:22 Jim Cramer explains a framework to avoid missing out on big winners Mad Money with Jim Cramer CNBC's Jim Cramer on Wednesday offered investors a mental framework to make buying high-flying stocks easier to stomach. "In a hot market ... you needed to have the discipline to pay up for great stocks to avoid missing out,'" the "Mad Money" host said. Cramer described a lesson from earlier in his career, when a trader he worked with would "divide stocks by 10" to reframe their prices and make it easier to commit to high-momentum names. Using Bloom Energy as an example, he noted that a $230 stock can be thought of as $23, making it psychologically easier to pay a bit more to ensure you get in. "Would it really kill you to pay $24 for a $23 stock?" he said. "The answer is no." The insight comes as Cramer reflected on a wave of stocks tied to artificial intelligence and data center demand that he liked early in their rallies but didn't buy for the Charitable Trust , the portfolio used by the CNBC Investing Club. The stocks of chipmakers Micron and Advanced Micro Devices and server maker Dell Technologies have surged as deep-pocketed investors aggressively bid for shares. These stocks are "the ones that got away," Cramer said, noting that relentless demand and large buy orders have kept many of these stocks moving higher without meaningful pullbacks. At the core of his frustration is his own investing style. Cramer described himself as a "price-sensitive buyer" who prefers to wait for better entry points — a discipline that has served him well over decades but can be difficult in fast-moving, momentum-driven markets like the current one. "I don't like to buy stocks that are running," he said. "Almost all these stocks run every day because the buyers are insatiable. Unlike me, there is no price they won't pay." Cramer stressed that he isn't abandoning discipline entirely, nor is he recommending investors build a portfolio consisting of only momentum ...
It took just five minutes for chants of "we are top of the league" to ring out around Turf Moor, as the title pendulum continues to shift towards Manchester City.
It took just five minutes for chants of "we are top of the league" to ring out around Turf Moor, as the title pendulum continues to shift towards Manchester City.
ymgerman/iStock Editorial via Getty Images Thesis Among my best-performing picks, eBay Inc. ( EBAY ) is up nearly 37% since I made my first recommendation in the summer of 2025. Since my second recommendation in mid-February 2026, eBay is up a bit more than 24%. I still like eBay as a company and thought the recent Depop acquisition was a wise move. I have cooled a bit on that acquisition, but onl...
ymgerman/iStock Editorial via Getty Images Thesis Among my best-performing picks, eBay Inc. ( EBAY ) is up nearly 37% since I made my first recommendation in the summer of 2025. Since my second recommendation in mid-February 2026, eBay is up a bit more than 24%. I still like eBay as a company and thought the recent Depop acquisition was a wise move. I have cooled a bit on that acquisition, but only a bit. Yet the recent rally and rising valuation make me nervous, and I’m compelled to downgrade my rating to hold. The risks strike me as somewhat high with EBAY, while the upside may be rather limited. That’s an investment opportunity to avoid with prejudice, in my opinion. (Of course, I could simply be miscalculating risk and upside.) Seeking Alpha As I’ll explore in a moment, eBay’s valuation approaches hot tech performers but doesn’t offer margins on par with said rockstar companies. Instead, eBay operates in the retail sector, where margins are much lower, and as such, the company should be valued at a similar level. But first, let’s take a look at efficiency gains and the Depop acquisition. eBay Aims To Cut Costs Recently, eBay laid off roughly 800 workers, which amounts to about 6% of the workforce. This follows cuts in 2023 and 2024. While I have not found anywhere where eBay has publicly claimed the layoffs were due to AI, it is well-known that the company has been investing heavily in AI. These days, it seems like practically every company connected to the web is using AI for one thing or another. As far as AI is concerned, businesses that rely on heavy digital advertising and online mediums strike me as some of the most likely companies to enjoy substantial benefits from AI. Already, AI can optimize ads via leveraging data and analyzing customers. User experience, trends, price movements, and much more can be analyzed. Additionally, AI should help lower customer service costs, and customer service is a major cost for eBay and other online merchants. If AI can ...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Boston Scientific (NYSE:BSX), a medical device developer, closed Wednesday at $64.87, up 8.99%. The stock is jumping after a Q1 earnings beat paired with lowered 2026 guidance. Investors are watching how the reset targets shape growth expectations and valuation. Trading volume re
Boston Scientific (NYSE:BSX), a medical device developer, closed Wednesday at $64.87, up 8.99%. The stock is jumping after a Q1 earnings beat paired with lowered 2026 guidance. Investors are watching how the reset targets shape growth expectations and valuation. Trading volume re