A shopper holding an umbrella walks toward a Kroger grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacy Scott | Bloomberg | Getty Images Check out which companies are making the headlines at midday Thursday. Kroger – Shares of Kroger rose 12.5% after the grocery chain published a better-than-expected quarterly report. The … Read more
The Norwegian cruise ship Dawn arrives in the French Mediterranean port of Marseille on July 27, 2021. Gerard Botino | SOPA photos | Light Rocket | Getty Images Consumer stock stocks tied to the reopening of the economy have been the names hardest hit since the Omicron sell-off began last Friday. In turn, they could … Read more
Katherine Wood, CEO of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, October 18, 2021. Kyle Grelot | Bloomberg | Getty Images Gene-editing stocks may have been disappointing lately, but Cathy Wood still sees it as a great opportunity for long-term investors, highlighting three favorites. .
Caesars Palace Casino of Caesars Entertainment Corp. is located in Las Vegas, Nevada. Jacob Kepler | Bloomberg | Getty Images More than half of the S&P 500 fell at least 10% during the Omicron sell-off in the market. CNBC Pro picked stocks in correction territory to find the names Wall Street analysts love and are … Read more
Pedestrians pass near commercial real estate in Manhattan. Michael Nagel | Bloomberg | Getty Images Shares of the country’s largest REIT offices fell again on Tuesday, as the office market faced fresh concerns about the Omicron variant of Covid. This comes on top of a new cooling in office demand, which was improving sharply in … Read more
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffrey | CNBC Investor Bill Ackman said a new alternative to the coronavirus could give US stocks a boost if symptoms are less severe. “While it is too early to have definitive data, reported early data indicates that the ‘Omicron’ virus causes ‘mild to … Read more
Travelers walk through Terminal A at Ronald Reagan Washington National Airport on November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images President Joe Biden said Monday that he does not expect the United States to impose additional travel restrictions to stem the spread of the omicron variant Covid-19, sending some airline shares higher. … Read more