Ford’s fundamentals remain strong, despite CEO’s recession worries, productions snags

The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts shortages in the third quarter. But the Club is sticking with Ford because we believe it has what it takes to … Read more

Here’s why Biogen’s promising Alzheimer’s drug data is also good news for Eli Lilly

We don’t own Eli Lilly exclusively for its potential Alzheimer’s treatment. However, we still find Biogen’s topline data to be very encouraging for Lilly. Source link

How to navigate a bear market — we look to history for answers and tell you how we’re doing it

The S & P 500 this week took out its mid-June low, a level many investors were hoping would hold as the bear market bottom. The Dow Jones Industrial Average also closed in bear market territory on Monday for the first time since the early days of Covid in 2020, finally joining the S & … Read more

Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes. “We should continue on the path that we’re on to ensure that we reanchor inflation expectations,” Griffin said at CNBC’s Delivering Alpha Investor Summit in New York City … Read more

Cathie Wood’s Ark is buying stock in space SPAC Rocket Lab

A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Cathie Wood’s Ark Invest is dipping back into a space SPAC, with two of the firm’s funds buying up stock in Rocket … Read more

2 takeaways from our daily meeting: What’s behind the bounce and Club stocks in the news

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Market gets an oversold bounce Quick Club mentions: AAPL, LLY, EL 1. Market gets an oversold bounce U.S. stocks recovered after falling earlier Wednesday. Treasury yields pulled back from their highs and … Read more

Here are Wednesday’s biggest analyst calls: Tesla, Apple, Netflix, Nike, Biogen, Levi Strauss & more

Here are Wednesday’s biggest calls on Wall Street. Source link

5 things to know before the stock market opens Wednesday

Traders on the floor of the NYSE, Sept. 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Looking for a bottom For a while it looked hopeful U.S. stock markets had fallen as far as they could this year. Since June, stocks had been … Read more

Bank of England intervenes in bond market after massive sell-off

The central bank said it was monitoring the “significant repricing” of U.K. and global assets in recent days. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated bonds in order to calm the market chaos unleashed … Read more