3 events will set the market’s tone for October

CNBC’s Jim Cramer on Friday said that three key events next week will determine if the nightmarish month for the stock market will continue into October. Here are the events: The release of the nonfarm labor report Friday. Cramer said he expects it to show inflated hiring and wages. Two speaking engagements by Cleveland Fed … Read more

Why some analysts think investors should buy Nike after its latest earnings report

Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. Nike on Thursday shared results after the bell that beat top and bottom line estimates , but the stock slumped more than 9% as the company outlined … Read more

Nike’s results offer a clue about the strong dollar and the upcoming earnings season

How has the strong dollar impacted big multinational companies this quarter? Nike ‘s results after the bell on Thursday may offer a good preview of what’s to come as earnings season kicks into a high gear in mid-October. The sneaker and apparel giant saw a currency headwind of about 6 percentage points in its fiscal … Read more

What Cramer is watching Wednesday — oversold market bounce; promising Alzheimer's drug

Our trusted S&P Oscillator at minus 12.6. That indicates extremely oversold conditions.

Walmart enters the metaverse with Roblox

Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. The retail giant’s first foray into the virtual world will feature a blimp that drops toys, a music festival with hot artists, a bunch of different games, and a store of virtual merchandise, or “verch,” which matches what customers may … Read more

Amazon, Eli Lilly, Bed Bath & Beyond, Nike

Here are the biggest calls on Wall Street on Thursday: UBS upgrades Eli Lilly to buy from neutral UBS says it’s bullish on the company’s weight loss drug and sees upside potential. “With these events in the rear-view mirror, we now view LLY as being the most attractive name in our large cap coverage, with … Read more

Apple, Estee Lauder, Cisco, Micron, Costco

Here are Wednesday’s biggest calls on Wall Street: Barclays downgrades Cisco to equal weight from overweight and upgrades Arista to overweight from equal weight Barclays said in its downgrade of Cisco that it sees macro risks. The firm also upgraded Arista and said the computer networking company has “resilient cloud demand.” “We are upgrading ANET … Read more