Business

Lumber prices dive more than 40% in June, biggest monthly drop on record

A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, Feb. 22, 2021. David Paul Morris | Bloomberg |

Business

Chinese grocery delivery company clings to gains after slashing IPO

Workers at grocery delivery company Dingdong pack up vegetables for orders the company claims customers can receive in about 30 minutes. Dingdong BEIJING — Chinese

Business

Warren Buffett says the pandemic has had an ‘extremely uneven’ impact and is not yet over

Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC Legendary investor Warren Buffett said the economic

Business

Charlie Munger says he’s in love with Zoom, thinks the videoconferencing trend is here to stay

Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond of Zoom, saying the videoconferencing software will keep thriving even as life goes back to

Business

U.S. stock futures are little changed as the market closes out a winning first half

A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. stock futures were little changed

Business

Stocks should add to gains in the second half, but there are two big concerns

Stocks are expected to move higher in the second half of the year, propelled by strong earnings gains and super-charged economic growth. The market’s gains,

Business

Breaking down the trillion-dollar club now that Facebook is a member. The best one to own from here

Amazon is expected to rally the most with an average upside of 24%, according to analysts. Source link

Business

Cathie Wood keeps buying shares of autonomous drone stock Kratos

Cathie Wood, CEO and founder of ARK Invest. CNBC (This story is for CNBC PRO subscribers only.) Cathie Wood’s Ark Invest added to its position

Business

Stock futures are flat after S&P 500 closes at a record

U.S. stock index futures were little changed during overnight trading on Monday, after the S&P 500 and Nasdaq Composite closed at record highs. Futures contracts

Business

CFRA upgrades Bed Bath & Beyond to buy, says one-time meme stock can rally nearly 40%

Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Meme stock enthusiasts have recently rallied