Skip to content
Trending
February 11, 2025British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset May 10, 2025Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal April 11, 2025UK economy expands by 0.5% in February, more than expected June 29, 2025​Here’s how the luxury real estate market is splitting up September 30, 2025One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor February 9, 2025Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies April 25, 2025German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution March 26, 2025Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says February 19, 2025Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’ March 31, 2025Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
  Friday 6 February 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Earnings  What caused the stock market’s lackluster week — plus, an earnings season update
Earnings

What caused the stock market’s lackluster week — plus, an earnings season update

AdminAdmin—November 7, 20250
More stories

MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter

February 6, 2025

CarMax stock plummets 20% following ‘challenging’ quarter

September 25, 2025

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

February 9, 2025

Roku shares surge as company halves quarterly losses, adds 4 million streaming households

February 17, 2025

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks erased much of their losses Friday but were still lower on the week. The S & P 500 was on track for a nearly 2% decline this week. AI-related names and other “highflyers” came under pressure in recent days as the market pushed back on stretched multiples and the funding sources of AI infrastructure projects. Data on the labor market was mixed, too. ADP data on Wednesday showed that payroll growth at private companies came in stronger than expected for October. Just a session later, however, Wall Street found out that layoff announcements last month had skyrocketed, which signaled trouble on the horizon for the U.S. labor market. The government shutdown has started to take a noticeable toll on the economy. The stoppage is weighing on areas such as air travel, as seen in the FAA’s series of flight cancellations. Consumer spending could soften, too. There was already an early sign, as the latest consumer sentiment reading was near an all-time low . This is a fixable issue, though. The short-term GDP hit that happens during a shutdown typically reverses in the following quarters. This one, however, just happens to be the longest in the country’s history. Finally, the Club made three buys this week, which include Starbucks, Boeing, and GE Vernova . Still, we’re armed with plenty of cash, representing about 7% of the entire portfolio. Our plan is to continue to opportunistically put money to work as prices fall. Earnings season : Roughly 90% of S & P 500 companies have posted third-quarter earnings, and the percentage of positive surprises dipped again from last week. Of all the companies that have reported, according to data from FactSet, 77% have delivered positive revenue surprises. That’s down from 79% last week. Meanwhile, 82% have reported positive earnings-per-share surprises, which is lower than the 83% from the week prior. Still, the percentage of beats is running above the five-year and 10-year averages. Up next: There aren’t too many major quarterly reports next week, but some of the key ones will be Club holdings Cisco Systems and Disney. CoreWeave , On , and Applied Materials are on deck, too. It was also supposed to be a big week of government economic data. But the consumer price index, the producer price index, and retail sales will likely be delayed due to the shutdown. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Millions more Americans could access obesity drugs after Trump’s deals with Eli Lilly, Novo Nordisk
Consumer sentiment nears lowest level ever as worries build over shutdown
Related posts
  • Related posts
  • More from author
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Earnings

Salesforce’s raised guidance lifts the stock but doesn’t change our rating

December 17, 20250
Earnings

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

December 16, 20250
Load more
Read also
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Economy

Watch Fed Governor Christopher Waller speak on interest rates and the race to succeed Powell

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions