Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Fed chairman talks tough on inflation — plus, what's behind Micron's big rally
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.
CNBC
Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple announces a new touchscreen laptop, the company's third major launch under new CEO John Ternus.
CNBC
Alphabet sinks 10% as it holds 2026 capex unchanged, expects significant increase in 2027
Alphabet missed Q3 expectations on earnings and revenue, its first top-and-bottom-line miss in nearly four years.
CNBC
Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny
Nvidia faces DOJ inquiry over its $12.9 billion purchase of Hugging Face.
CNBC
Chipotle shares rise 7% after CEO says same-store sales growth will continue
For the full year, Chipotle reiterated its previous forecast that its same-store sales will increase by a low single digit percentage.
CNBC
DoorDash's deal to buy Instacart coming as early as Thursday morning, sources tell CNBC
Speculation of a deal has swirled since last week, and several outlets reported the acquisition could value Instacart at roughly $17 billion.