Day: March 22, 2022
The metaverse may bring new cyber risks. Here’s what companies can do
An employee wearing HTC’s Vive virtual reality headset plays a video game at the T.UM showroom in the SK Telecom Co. headquarters in Seoul, South Korea, on June 11, 2021. SeongJoon Cho | Bloomberg | Getty Images Imagine discussing a confidential multimillion-dollar deal with your boss. The conversation ends, and you both leave. A while […]
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Cramer’s lightning round: Micron is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Investors should watch for these five agriculture stocks, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of five agriculture stocks he believes investors should consider purchasing. The Russia-Ukraine war has caused agriculture to rally significantly, and “given that Russia and Ukraine account for roughly a third of the world’s wheat production, there’s a real possibility that we could be looking at a global […]
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Ryan Cohen scoops up 100,000 more shares of GameStop, meme stock soars as much as 20% after hours
NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday after a 30% rally […]
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Jim Cramer tells investors to ‘bow down to the Fed’ and beware of false market optimism
CNBC’s Jim Cramer on Tuesday warned investors against buying unprofitable stocks due to unwarranted optimism about the stock market. “While I appreciate hope as a mindset, I’m not as confident as a lot of the buyers who are paying up. … We are seeing a level of enthusiasm here that to me feels unjustified. We […]
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Elon Musk’s SpaceX sent thousands of Starlink satellite internet dishes to Ukraine, company’s president says
A shipment of SpaceX’s Starlink satellite antennas, also known as terminals, arriving in Ukraine. Fedorov Mykhailo on Twitter WASHINGTON – SpaceX has sent “thousands” of Starlink satellite internet kits to Ukraine, company President Gwynne Shotwell told CNBC on Tuesday. Elon Musk’s space company began sending Ukraine shipments of Starlink satellite kits — which come with […]
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Stock futures are steady as investors juggle Fed comments and policy
Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures […]
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The bond market is stoking the debate that a recession is coming, but it may not be
The bond market is signaling a higher chance of recession at the same time it is pricing in more Federal Reserve interest rate hikes. Source
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Seattle Starbucks location unanimously votes in favor of unionizing, a first in the company’s hometown
Starbucks Barista Gianna Reeve, part of the organizing committee in Buffalo, New York, speaks in support of workers at Seattle Starbucks locations that announced plans to unionize, during a rally at Cal Anderson Park in Seattle, Washington on January 25, 2022. Jason Redmond | AFP | Getty Images Starbucks baristas at a Seattle location on […]
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Henry Cuellar becomes latest Democrat to distance himself from Koch Industries over company’s Russia ties
U.S. Rep. Henry Cuellar (D-TX) speaks on southern border security and illegal immigration, during a news conference at the U.S. Capitol on July 30, 2021 in Washington, DC. Kevin Dietsch | Getty Images Texas Democratic Rep. Henry Cuellar is no longer accepting campaign contributions from Koch Industries after the conglomerate decided to remain in Russia […]
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