CSX Corp

We don't know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report this week: Union Pacific , CSX and Norfolk Southern . Among them, you have pretty much every non-service portion of the U.S. economy spoken for: housing, industrial production, minerals, road building, heating, and food. What kinds of numbers do we want from these…

A customer refuels at a Chevron gas station with prices above $4 a gallon in Seattle, Washington, U.S., on Monday, March 7, 2022.David Ryder | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell.Tesla — Shares rose 0.4% in volatile trading after the electric-vehicle maker reported earnings and revenue for the fourth quarter that beat analyst expectations. However, Tesla's gross margins came in at the lowest levels in the past five quarters.related investing newsChevron — Shares advanced 2.7%…

Shipping containers are offloaded from a container ship in the Port of Los Angeles before U.S. President Joe Biden delivers remarks aboard the Battleship USS Iowa Museum on June 10, 2022 in Los Angeles, California.Mario Tama | Getty ImagesNearly a third of logistics managers at major companies and trade groups say they do not know how much trade they would return to the West Coast once an International Longshore and Warehouse Union, or ILWU, labor deal is reached, according to CNBC's supply chain survey.Eighteen percent…

Bloomberg | Bloomberg | Getty ImagesMore than half of logistics managers at major companies and trade groups say they do not expect the supply chain to return to normal until 2024 or after, according to a new CNBC survey.Sixty-one percent of respondents said their current supply chain is not operating normally, compared with 32% that said it is functioning normally. When questioned when they see a return to normalcy, 22% were unsure, 19% said 2023, and 30% said 2024.Another 29% said in or after 2025, or never.The dour…

CNBC's Jim Cramer on Friday identified three industrial stocks that he believes are worth owning next year, saying he expects them to outperform the sector's top performers in 2022.The best-performing industrial stocks in the S&P 500 so far this year have been Northrop Grumman, Lockheed Martin and Deere — up 36.9%, 35.6% and 25.7%, respectively. Looking ahead, though, Cramer said he'd prefer to own the likes of Caterpillar, Illinois Tool Works and railroad operator CSX.related investing newsShares of Caterpillar,…

CNBC's Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently.Here is his list:Bank of AmericaJohnson & JohnsonGoldman SachsLockheed MartinNetflixProcter & GambleIBMTeslaAT&TTractor SupplyCSXSLBAmerican Express"Earnings are sharply better than expected, and that — not just the idea that the Fed might pause the rate hikes after its upcoming meeting — was what's driving the market's newfound strength," he said.The Wall Street Journal…

Check out the companies making headlines before the bell:American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping Wall Street forecasts. American Express also raised its full-year forecast, amid a surge in customer spending, and increased the amount in reserve for potential defaults. The stock fell 4.7% in the premarket.Verizon (VZ) – Verizon earned an adjusted $1.32 for the third quarter, beating the consensus estimate by 3…

Check out the companies making headlines in midday trading.Snap — Shares of the Snapchat parent company cratered 30% after missing revenue estimates and sharing its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and Meta Platforms down about 7.7% and 2.6%, respectively.Twitter — The social media stock sank more than 4% Friday amid a slew of media reports surrounding Twitter and Elon Musk. The Washington Post reported on…

Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022.Jakub Porzycki | Nurphoto | Getty ImagesCheck out the companies making headlines in after-hours trading.Snap – The social media stock plummeted 25% after Snap's revenue came in lower than expected after the bell. The number of global daily active users came in higher than forecasted. The company's third-quarter revenue was about 6% higher than last year. Meta and Alphabet…

An aerial view of shipping containers and freight railway trains ahead of a possible strike if there is no deal with the rail worker unions, at the BNSF Los Angeles Intermodal Facility rail yard in Los Angeles, California, September 15, 2022.Bing Guan | ReutersLogistics managers are dusting off their plans for a possible railroad strike in November that could wreak havoc on the supply chain and cost the U.S. economy up to $2 billion a day.The National Carriers' Conference Committee (NCCC), representing the nation's…