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Here’s a rapid-fire update on all 33 portfolio stocks including our newest position
Jim Cramer and Jeff Marks ran through each stock in the CNBC Investing Club portfolio during its May Monthly Meeting.CNBC - Business -
Foot Locker’s stock having best day in nearly 2 years after a big profit beat
Foot Locker’s stock was headed sharply higher Thursday, after the athletic shoe and accessories retailer reported fiscal first-quarter profit that beat expectations by a wide margin, while sales fell a bit short.MarketWatch - Business -
Red Bull adds Leeds to football portfolio after buying minority stake in club
Name of team and Elland Road stadium will not changeCompany will become main shirt sponsor next seasonRed Bull has bought a minority stake in Leeds and will become their principal shirt sponsor next season. The soft drink company has added the ...The Guardian - World -
Red Bull adds to soccer portfolio by buying minority stake in English club Leeds
Red Bull has bought a minority stake in English soccer club Leeds in a deal that will also see the energy drink company become the team’s shirt sponsor next seasonABC News - Sports -
My mom, 91, has a $5 million portfolio, but leaves her passwords lying around the house. Could a nefarious caregiver steal her money?
“Mom recently had a heart attack and isn’t as sharp as before, and no longer can drive or live independently.”MarketWatch - Business -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
U.S. Stocks Fall, Led Lower by the Dow
U.S. stocks fell, led again by the Dow, which was down more than 250 points, after dropping more than 400 points Wednesday. The S&P 500 and Nasdaq Composite were also lower.The Wall Street Journal - World -
S&P 500, Nasdaq RetreatAfter PCE Inflation Data
Stock indexes were mixed after the Fed’s preferred inflation gauge was roughly in line with economists’ expectations.The Wall Street Journal - World -
Trump Media Stock Swings After Conviction
Shares of the Truth Social parent whipsawed after former President Donald Trump, the company’s largest investor, was convicted in his hush-money trial.The New York Times - Business - Donald Trump -
Dow Rises, Stocks Log Monthly Gains
A late-day rally helped all three major stock indexes finish May higher. Gap shares surged after the clothing retailer posted strong results.The Wall Street Journal - World -
Shops rush for Christmas stock as shipping costs surge
Firms are placing their Christmas orders early to avoid empty shelves as shipping route disruption continues.BBC News - Top stories -
Faraday Future’s stock rises as ‘classic’ meme stock ends roller-coaster month
Shares of the electric-vehicle startup pared back their recent gains Friday.MarketWatch - Business -
This week on "Sunday Morning" (June 2)
A look at the features for this week's broadcast of the 2023 News & Documentary Emmy-winner for Outstanding Recorded News Program, hosted by Jane Pauley.CBS News - Top stories -
Officer dies after being 'ambushed' while responding to Minneapolis shooting
A Minneapolis police officer has died after they were "ambushed" while responding to a call about a shooting, officials said Thursday night.ABC News - Top stories -
Kohl's stock plummets more than 20% after massive earnings miss
Kohl's shares plummeted more than 20% Thursday after the company posted weaker-than-expected earnings.CNBC - Business -
Foot Locker's turnaround is showing signs of life, CEO sees consumers willing to pay full price
Foot Locker is making gains under CEO Mary Dillon, who has been working to win back brands and Wall Street's confidence with an ambitious turnaround plan.CNBC - Business -
S&P 500 is looking for direction. Here are the signs traders shouldn’t miss
Stocks are set to break out of a trading range — one way or another.MarketWatch - Business -
Salesforce’s stock is suffering its biggest drop in two decades
Investors searching for more reasons to be cautious about the health of the software sector just got a big one.MarketWatch - Business -
Best Buy’s stock surges as overall sales fall but laptop revenue rises
Best Buy pointed to a larger membership base and “improvements in our customer experiences.”MarketWatch - Business -
U.S. Crude Oil Stocks Fall More Than Expected
Oil stocks fell by 4.2 million barrels — a greater decline than was expected.The Wall Street Journal - World -
Faraday Future’s stock rallies after registering biggest-ever decline
Faraday Future shares were weighed down by the electric-vehicle startup’s full-year results this week.MarketWatch - Business -
Rising Treasury yields have rattled the stock market. Relief may be on the way.
Buyers returned to the U.S. government-debt market on Thursday, following a two-day selloff in the longest-dated maturities that sent yields to one-month highs. It’s the type of buying interest that could keep Treasury yields in check from here.MarketWatch - Business -
Saudi Aramco offers nearly $11.5 billion in new stock for sale
Aramco will offer 1.545 billion shares in a price range between 26.70 and 29 Saudi riyals per share on Sunday.CNBC - Business -
Gap’s stock jumps 23% as the retailer swings to profit and raises guidance
Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.MarketWatch - Business -
Zscaler’s stock rockets as upbeat earnings offer relief to cybersecurity sector
After dropping about 5% in Thursday’s regular session during a software-sector rout, Zscaler’s stock surged 16% in the extended session.MarketWatch - Business -
MongoDB’s stock set to tumble by a quarter as management voices caution
MongoDB took a cautious tone in discussing the year ahead, which is weighing heavily on its stock in Thursday’s extended session.MarketWatch - Business -
London stock market bucks IPO drought with rush of follow-on deals
UK exchange the most active in Europe as investors offload stakes in secondary transactionsFinancial Times - Business -
Saudi Arabia to Kick off Aramco Stock Sale of Up to $12 Billion
Saudi Arabia confirmed it plans to sell a portion of its stake in oil giant Aramco valued at up to $12 billion.The Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street was looking to close the month of May on a positive note.CNBC - Business -
Trump's Truth Social stock takes turbulent swings after verdict
The recent movement extends volatility that stretches back to the stock's debut.ABC News - Top stories - Donald Trump -
GameStop’s stock on pace for its best month since 2021
GameStop and fellow meme-stock darling AMC skyrocketed earlier this month following the return of influential trader Roaring Kitty to social media.MarketWatch - Business -
Stock market wobbles, then recovers, as investors digest PCE inflation report
Investors were trying to balance everything from typical month-end squaring of stock positions to Salesforce Inc.’s revenue guidance on Thursday, Friday’s April PCE inflation print, and even the guilty verdict against former U.S. President Donald ...MarketWatch - Business -
Autodesk’s stock rallies 6% as internal audit eases accounting concern
An internal investigation cleared some of Autodesk Inc.’s accounting practices, and the company also released preliminary earnings and guidance.MarketWatch - Business -
Dow trails Nasdaq by most in a year. What it means for the stock market.
Remember the thrill when the Dow topped 40K for the first time earlier this month? That milestone feels like ancient history now. Here’s what happened.MarketWatch - Business -
Cramer says to buy Costco after the stock's post-earnings dip
Cramer said he's confident about the big-box retailer's path to success, pointing to new CEO Ron Vachris and new finance chief Gary Millerchip.CNBC - Business -
Boom in US penny stock trading prompts warnings of frothy markets
Volumes for some sub-$1 shares are above those of Tesla and Apple as retail investors target cheap but volatile namesFinancial Times - Business -
Chip stocks now dominate S&P 500 index for first time
Chip stocks now outweigh software stocks in the S&P 500 and have the largest overall sector weighting.MarketWatch - Business -
Destiny 2 Rolls For Initiative With Dungeons & Dragons Crossover
Ahead of the launch of The Final Shape expansion next week, Bungie has unveiled a Dungeons & Dragons crossover for Destiny 2. Like previous collaborations, players will be able to don stylish armor sets inspired by the popular tabletop game ...GameSpot - Tech -
Path of Exile 2 hits PS5 in late 2024
Grinding Gear Games' Path of Exile 2 will debut on the PS5 in early access in late 2024.VentureBeat - Tech -
2 Issues for Your Company With the Gig Economy
Does it really make recruiting easier?Inc. - Business