Day: April 11, 2022
Jim Cramer says he likes these 6 travel and leisure GARP stocks
CNBC’s Jim Cramer on Monday highlighted six stocks in the travel and leisure space that he believes are investable due to their affordable price and growth potential. “With the [Federal Reserve] tightening [interest rates], the market prefers something called growth at a reasonable price, or GARP. … In other words, you want companies with better-than-average […]
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Pentagon monitoring reports of possible Russian chemical weapons attack in Mariupol
Armoured vehicles of pro-Russian troops drive along a street during Ukraine-Russia conflict in the besieged southern port city of Mariupol, Ukraine March 31, 2022. Alexander Ermochenko | Reuters WASHINGTON — Defense Department press secretary John Kirby said the Pentagon was closely monitoring reports Monday evening of a possible Russian chemical weapons attack on the besieged […]
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Cramer’s lightning round: Editas Medicine is not a buy
DraftKings Inc: “They are in a battle, a pure battle to try to get market share and right now, there is no sign that the battle is over. … I do think they’ll win.” SoFi Technologies Inc: “I can’t tell you to sell it. But I can also tell you, maybe I’m not the answer […]
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Jim Cramer says he would buy Hershey stock now and down on the ‘next inflation scare’
CNBC’s Jim Cramer on Monday advised investors to pick up stock of Hershey for their portfolios. “Hershey’s the most consistent growth stock in a group where safety’s first, and you know what they say, safety never takes a vacation. I would buy some here, then wait to buy more if the stock gets hit the […]
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Google’s first week back in the office included marching bands, mayor visits and traffic jams
Employees are welcomed back to work with breakfast in the cafeteria at the Chicago Google offices on April 05, 2022 in Chicago, Illinois. Scott Olson | Getty Images Google brought employees back into the office after two years of remote work last week, and the occasion was met with everything from marching bands to visits […]
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Stock futures inch higher ahead of big inflation report
U.S. stock futures inched higher in overnight trading as investors braced for a key inflation report Tuesday. Futures on the Dow Jones Industrial Average gained 30 points or 0.1%, while S&P 500 futures rose 0.09% and Nasdaq 100 futures inched 0.1% higher. The overnight moves come as investors await the release of March’s highly anticipated […]
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WHO says it closely watching China as it grapples with its worst Covid surge of the pandemic
The World Health Organization on Monday said it is monitoring a major surge in Covid cases in mainland China, an outbreak that local officials have attributed to the more contagious omicron BA.2 subvariant. Dr. Kate O’Brien, director of WHO’s immunization and vaccine program, said the agency is in contact with public health authorities in China […]
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The pandemic boom in PC sales is over
Shoppers are deciding to buy a Microsoft laptop at Best Buy in Tampa, Florida, November, 2021. Octavio Jones | Getty Images PC shipments declined sharply in the first quarter of 2022, according to new industry estimates, suggesting that the pandemic boom in PC sales is over. Gartner said on Monday that it estimates that PC […]
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Accused fake DHS agent may have duped other defendant along with Secret Service, lawyer says
Filing in U.S. District Court in Washington, D.C., by the U.S. Attorney’s Office for the District of Columbia Courtesy: U.S. Attorney’s Office for the District of Columbia One of two men criminally charged with impersonating Department of Homeland Security agents may himself have been duped, along with several Secret Service agents, into believing his co-defendant […]
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Bitcoin falls below $40,000 for the first time in almost a month as investors assess global macro risks
A Bitcoin logo inside a BitBase cryptocurrency exchange in Madrid, Spain, on Thursday, March 17, 2022. Angel Navarrete | Bloomberg | Getty Images The price of stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve. Bitcoin last fell 7% to $40,009.78, according to […]
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