TJX is the ‘best there is right now,’ Target badly needs a reboot
CNBC’s Jim Cramer said Wednesday that T.J. Maxx owner TJX is the “best there is right now” in the out-of-favor retail industry. He was far less complimentary of Target . Cramer’s comments came after the companies reported much different earnings stories before the opening bell on Wall Street. TJX — Continue Reading
MP surges on Pentagon-backed deal to develop Saudi rare earth refinery
MP Materials surged Wednesday on a deal with the U.S. Department of Defense and the Saudi Arabian Mining Company, Maaden, to develop a rare earth refinery in the kingdom. The U.S. rare earth miner’s stock was last up about 9%. MP and the Pentagon will hold a 49% stake in Continue Reading
Stocks making the biggest moves premarket: TGT, LOW, VIK, BLSH
Check out the companies making the biggest moves in premarket trading: Target — The retailer fell nearly 3% after it cut full-year earnings guidance . The company said it expects earnings per share to range between $7 and $8. Target previously expected its full-year profit to come in between $7 Continue Reading
TJX Companies (TJX) earnings Q3 2026
The T.J. Maxx logo is displayed at a T.J. Maxx store on August 20, 2025 in Pasadena, California. Mario Tama | Getty Images The CEO of TJX Companies said on Wednesday the holiday shopping season is off to a “strong start” as the discounter behind TJ Maxx, Home Goods and Continue Reading
Blue Owl calls off merger of its two private-credit funds after announcement rattles stock
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly Continue Reading
From $1 trillion spending to F-35s, U.S.-Saudi pledges aren’t done deals yet
U.S. President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on the South Lawn of the White House in Washington, D.C., U.S., November 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump trumpeted Saudi Arabia’s $1 trillion investment pledge in the Continue Reading
The ‘most powerful’ production Porsche ever
The 2026 Porsche Cayenne Electric SUV Porsche Porsche on Wednesday revealed an all-electric version of its Cayenne SUV, calling it the “most powerful” production vehicle ever made by the German sports car manufacturer. The 2026 Cayenne EV is capable of 1,139 horsepower, 0-60 mph in 2.4 seconds and up to Continue Reading
Mortgage rates hit highest level in a month, pushing loan demand down 5%
Homes in San Francisco, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Mortgage rates rose for the third consecutive week, causing demand from both current homeowners and potential homebuyers to drop. Total mortgage application volume fell 5.2% last week compared with the previous Continue Reading
‘Palooza in Cryptoland:’ Bitwise predicts ETF surge as bitcoin falls
The government reopening may spark a fresh historic run for recently battered cryptocurrencies. Bitwise’s Matt Hougan expects legislation to support new investment products in the space. “It’s going to be ETF Palooza in Cryptoland. I think there’ll be 100 plus launches,” the firm’s chief investment officer told CNBC’s “ETF Edge” Continue Reading
Lowe’s (LOW) Q3 2025 earnings
In an aerial view, a customer enters a Lowe’s store on May 21, 2025 in Cotati, California. Justin Sullivan | Getty Images Lowe’s on Wednesday posted a year over year sales increase for the quarter, but the company lowered its full-year profit outlook slightly to reflect a tougher economic backdrop. Continue Reading