The S&P 500 posted its best week since November, rising 3.6%, fueled by news of a two-week ceasefire between the U.S. and Iran. However, CNBC's Jim Cramer cautions investors that the market is "incredibly overconfident" given the fragile nature of the ceasefire and ongoing geopolitical risks, including threats to key oil routes. He advises investors to be cautious and not make sudden moves despite the recent rally. Looking ahead, Cramer highlights upcoming earnings reports from major banks like Goldman Sachs, JPMorgan, Wells Fargo, and Citigroup, as well as companies like Johnson & Johnson and PepsiCo, which could influence market direction next week.
Goldman Sachs reported robust Q2 FY2026 results, with net earnings growing at an annualized rate of 38%. The firm raised $31 billion in private credit and saw a 130% year-over-year surge in equity underwriting revenues, driven by major deals and IPO ...
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
Morgan Stanley will report its second-quarter earnings before the market opens on Wednesday, with analysts expecting earnings per share of $2.94 and revenue of $19.64 billion. The firm is anticipated to benefit from increased trading and investment b...
Jim Cramer stated that today's stock market is far from the dot-com bubble era, highlighting lower valuations, cooler inflation, and strong corporate earnings as key differences. Despite some speculative stocks like SpaceX, these are outliers and do ...
