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The Magnificent Seven stocks — which have underperformed in 2025 after a two-year monster run — are starting to attract interest again now that they’re trading at or below valuations from before the unveiling of ChatGPT, which accelerated the AI boom. On a trailing 12-month basis, Amazon is trading at a 32 price-to-earnings ratio —…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects, according to LSEG: Earnings:…
President Trump’s imposition of high tariffs has put investors in an “event-driven” bear market that could turn “cyclical,” as the levies on imports into the U.S. and the threat of retaliation by overseas partners raise the risk of a recession, according to Goldman Sachs. “We argue that we are currently in an event-driven bear market,”…
While the stock market has weathered “crisis moments” before, what stands out about the latest round of retaliatory tariffs is the self-destruction that could set the U.S. behind in the artificial intelligence race, according to Wedbush analyst Dan Ives. “The concept of taking the U.S. back to the 1980’s ‘manufacturing days’ with these tariffs is…
Retailers that moved their supply chains to Vietnam from China in a bid to avoid a trade war between the U.S. and Beijing are now facing a heavy blow as President Donald Trump imposes a 46% tariff rate on Hanoi. Vietnam became a popular alternative for low-cost manufacturing in recent years as companies sought to…
A tech giant and a fast-food stock are promising growth plays – even as they’ve had a rough 2025 thus far, according to Eric Clark, chief investment officer at Accuvest Global Advisors. Clark named Amazon and burrito chain Chipotle Mexican Grill as some of his favorite stocks during CNBC’s “Three-Stock Lunch” segment on Wednesday. The…
A version of this article first appeared in CNBC’s “Money 101 newsletter with Sharon Epperson,” an eight-part series to help you achieve financial freedom, with special monthly editions to continue to improve your financial well-being. Sign up here to receive the newsletters straight to your inbox. Spring is a great time to refresh your finances…
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin, joining an increasingly crowded market. The company said Tuesday that the…
Max Levchin, co-founder of PayPal and Affirm David Paul Morris | Bloomberg | Getty Images Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon add…
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the…
