Kevin Stankiewicz
Editor, Investing Club at CNBC
reporter @CNBC | after work: photographer, runner, bike rider. | alum @DispatchAlerts, @PittsburghPG, @TheLantern |
Articles
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4 days ago |
cnbc.com | Kevin Stankiewicz |Matthew Belvedere
The stock market heads into Monday on a streak of volatility it just can't seem to shake. What had been shaping up as a positive holiday-shortened week turned on a dime Wednesday when Federal Reserve Chairman Jerome Powell signaled concern that President Donald Trump 's tariffs could increase inflation and slow economic growth.
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1 week ago |
cnbc.com | Kevin Stankiewicz
Goldman Sachs on Monday reported better-than-expected first-quarter results, jumping over Wall Street's lowered bar and reassuring investors. Revenue in the three months ended March 31 rose 6% year over year to $15.06 billion, topping the consensus estimate of $14.81, according to LSEG. Earnings per share (EPS) jumped 22% on annual basis to $14.12, well ahead of the $12.35 estimate, LSEG data showed. GS YTD mountain Goldman Sachs' year-to-date stock performance.
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1 week ago |
cnbc.com | Matthew Belvedere |Kevin Stankiewicz
President Donald Trump's pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day rally last Wednesday. But, the next two sessions were divided — setting the stage for what could be more volatility this week as investors try to keep up with an ever-evolving tariff picture as well as earnings. For last week, the S & P 500 and the Nasdaq advanced 5.7% and 7.3%, respectively.
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1 week ago |
cnbc.com | Kevin Stankiewicz |Morgan Chittum
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Wall Street's wild week: Stocks rallied Friday as investors tracked the latest developments in the U.S.-China trade war.
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1 week ago |
cnbc.com | Kevin Stankiewicz
BlackRock's first-quarter earnings on Friday reaffirmed our investment in the stock, despite a choppy operating environment out of the asset management giant's control. Revenue in the first quarter rose 11.6% year over year to $5.28 billion, missing the $5.34 billion estimate, according to LSEG. Adjusted earnings per share (EPS) of $11.30 topped expectations of $10.14, LSEG data showed.
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RT @luzcita: Brightline, the only private operator of intercity passenger trains in the U.S., is about to launch new service in Florida. H…
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