Christina Cheddar Berk

Store closures hit highest level since pandemic — see who is shutting down the most locations The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.

The pandemic pulled forward a lot of store closures, but trends are catching up and more locations are being shuttered. www.cnbc.com/2025/01/23/s...

Bitcoin proxy MicroStrategy to join the Nasdaq 100 and heavily traded 'QQQ' ETF MicroStrategy, the high beta play on the price of bitcoin, will join the Nasdaq 100 index.

MicroStrategy has been added to Nasdaq 100, a move that is sure to add more fuel to the stock's stellar run this year. www.cnbc.com/2024/12/13/b...

Here's where the stock market is headed in 2025, according to Wall Street's top strategists The smart money is broadly optimistic that stocks can still go higher, but it's also anticipating a turbulent market in the year ahead.

BofA's Savita Subramanian told CNBC: “A lot of clients are worried about buying the S&P today, given how lofty its valuation is, and our counter argument is, well, if you look at the average S&P 500 company, it’s trading at a massive discount ..." www.cnbc.com/2024/12/13/h...

Who got it right and wrong on Wall Street in their 2024 stock market outlook Original year-end forecasts for the S&P 500 ranged from 4,200 at JPMorgan Chase to 5,200 at Oppenheimer. All of them were wrong.

Today, CNBC Pro published its survey of market strategists and where they see stocks heading in 2025. Any good set of predictions also should have some reflection, and there we don't disappoint. www.cnbc.com/2024/12/13/h...

This was a great chat. If you missed it, the discussion is available on demand.

From tinsel to tariffs: How to cover the biggest issues facing the retail industry | SABEW This holiday season may feel a bit busier on the retail beat. With holiday promotions shifting earlier on the calendar, it already looks like the competition for consumer dollars is fierce. Meanwhile,...

At 1 pm today, I'll be introducing a great line-up of guests for SABEW's webinar on the retail industry. Be sure to tune in and learn how retail reporters are navigating the holiday season and the expected tariff news in the year to come. sabew.org/event/from-t...

Ro to offer lower-price vials of weight loss drug Zepbound by teaming up with Eli Lilly It is made possible through a first-of-a-kind integration with Eli Lilly's direct-to-consumer website, and aims to streamline access to the popular treatment.

Lilly's partnership with Ro shows pharma companies may be willing to distribute drugs via telehealth platforms, but this may be less profitable for these websites than the compounded weight loss drugs they were selling. Hims & Hers shares are down more than 5%. www.cnbc.com/2024/12/11/r...

Ro to offer lower-price vials of weight loss drug Zepbound by teaming up with Eli Lilly It is made possible through a first-of-a-kind integration with Eli Lilly's direct-to-consumer website, and aims to streamline access to the popular treatment.

Hims & Hers shares fell more than 3% after Eli Lilly announced it would sell vials of its weight loss drug Zepbound via rival telehealth platform Ro. The move offers patients without insurance coverage an option for treatment - though still fairly costly for most.
www.cnbc.com/2024/12/11/r...

Hershey stock soars on report of another Mondelez takeover attempt

In 2002, I trekked out to Dauphin County Orphans Court to cover an attempt to block the sale of Hershey. The effort succeeded. Other offers have been made since, with a similar fate, but Hershey shares are rising as Mondelez considers it again. www.cnbc.com/2024/12/09/h...

Something odd is happening during this latest portion of the stock rally It's not all sunshine and rainbows when looking under the hood of this latest leg of the stock market rally.

The S&P 500 is on a 3-week winning streak, but BTIG's Jonathan Krinsky sees a technical move that may not be so optimistic. www.cnbc.com/2024/12/09/s...

Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2% Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.

Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%. Stock futures gain as the odds of a rate cut improve
www.cnbc.com/2024/12/06/j...

Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars Zepbound and Lilly's diabetes drug Mounjaro, both known chemically as tirzepatide, were in shortage in the U.S. for much of this year.

Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant it bought in Pleasant Prairie, Wisconsin earlier this year, as it scrambles to meet soaring demand for its weight-loss and diabetes drugs.

Bitcoin hit $100,000. Here's what's next if you're holding the crypto in your portfolio Tough decisions await investors who've hung on through bitcoin's roller-coaster ride to $100,000.

A lot of bitcoin investors have been holding their positions for a very long time. $100,000 is a big, round number. For some, it's a signal to take a hard look at the portfolio. www.cnbc.com/2024/12/05/b...

What's next for bitcoin after topping $100,000, according to the charts Bitcoin has finally reached the "the big round number."

By Thursday afternoon, bitcoin had eased back below $100,000 after crossing the milestone late Wednesday. But where do prices go from here? David Keller took a look at what the charts suggest will be the cryptocurrency's next move. www.cnbc.com/2024/12/05/w...

The road to $100,000 — What's behind bitcoin's storied 2024 run Bitcoin hit a key milestone on Wednesday night after a year of making inroads with the U.S. financial system and politicians.

Bitcoin's value is up more than 47% since Trump was elected in November, but the march to $100,000 began months before with the launch of bitcoin ETFs on Jan. 11. www.cnbc.com/2024/12/05/t...

Bitcoin to replace gold over next decade, says Bernstein Bitcoin could replace the role of gold in the economy, although it will likely be a long way ahead, per Bernstein.

With bitcoin hitting fresh highs, Bernstein's Gautam Chhugani makes the case for the benchmark cryptocurrency replacing gold, sees it reaching $200,000 late next year. www.cnbc.com/2024/12/05/b...

MicroStrategy leads crypto stocks higher after bitcoin tops $100,000 for the first time Crypto-linked stocks jumped after bitcoin prices reached $100,000 for the first time ever.

Bitcoin's big move past $100,000 is accompanied by huge gains for a range of crypto stocks. $MSTR is up 8%, $HOOD rises 7%, $COIN gains 4%, while $MARA rises 4.7% and $RIOT adds 6.5%. www.cnbc.com/2024/12/05/m...

What Fed chief Powell said about crypto that may have aided bitcoin's rally to $100,000 Powell said bitcoin is not a challenge for traditional currencies such as the U.S. dollar but rather for gold.

Ahead of bitcoin's historic run to $100,000, Fed Chair Jerome Powell spoke at the Dealbook conference and said bitcoin isn't challenging traditional currencies. Instead, it is a speculative asset like gold. “It’s just like gold, only it’s virtual, it’s digital," he said. www.cnbc.com/2024/12/05/w...

Bitcoin tops $100,000 as monster 2024 rally reaches new heights Bitcoin had been widely expected to reach $100,000 since the U.S. presidential election but investors sent it to this mark much sooner than expected.

Bitcoin is up more than 4% at the moment after crossing $100,000 for the first time. www.cnbc.com/2024/12/05/b...