By Mike Larson It finally happened. The S&P 500 (SPX) suffered its first “2% down day” in 356 days on July 24. The Magnificent Seven stocks shed about $700 billion in market capitalization, while volatility surged and bears came out of the woodwork. But is there such a thing as…

Meredith Swanson has been nannying in New York City for more than a decade — but it wasn’t until a few weeks ago that the job helped her go viral on TikTok. On July 1, the 33-year-old posted a 90-second clip on her account @meredithgswanson walking people through a day in…

Marvel is back on top.”Deadpool & Wolverine” shattered box office records this weekend, tallying $205 million in domestic ticket sales during its opening, the highest debut of 2024 and of an R-rated film ever.The film outpaced analysts’ expectations, which called for an opening haul between $160 million and $180 million.”The…

Thesis iShares Biotechnology ETF (NASDAQ:IBB) is a fund created by BlackRock, Inc (BLK). The fund accounts for 214 holdings, and aims to mimic the performance of the NYSE Biotechnology Index. During 2020 and 2021, biotechnology companies experienced what in my opinion was an overly optimistic bullish cycle, given that during…

“The Big Short” traders Danny Moses, Vincent Daniel and Porter Collins are focused on one of their top long bets: gold. “I just don’t think Americans have enough gold in their portfolio,” Collins said on CNBC’s ” Fast Money ” in an exclusive interview this week . The three investors…

This is a developing story. Refresh for updates.NASHVILLE — Former president Donald Trump headlines the biggest bitcoin conference of the year on Saturday afternoon, as the race to capture the votes and the campaign cash of America’s frontline fintech adopters takes center stage in the 2024 presidential contest.The Republican presidential nominee will also host an accompanying fundraiser in Nashville, with tickets…

Thesis: Influencing the market with its IT management software, SolarWinds has been turning its focus toward integrated AI technologies and subscription-based models lately. As we speak, the strategic repositioning of SolarWinds is in line with the overall trend of automation solutions and recurring revenue streams in the IT sector. Hence,…

Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per…

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 Friday’s key moments. Stocks jumped Friday as Wall Street tried to end a turbulent week on a jubilant note. The Dow Jones Industrial Average added more more than…

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