Day: April 12, 2022
Putin and Lukashenko falsely claim British operatives committed the atrocities in Bucha
Russian President Vladimir Putin and his closest ally, President Alexander Lukashenko of Belarus, unveiled a new theory on Tuesday about who was to blame for the murders, rapes and torture of hundreds of civilians in Bucha, Ukraine while the town was occupied by Russian troops. It was not, they insisted, the Russian soldiers who witnesses, […]
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Cramer’s lightning round: I like Tesla over Sunrun
Monday.com Ltd: “They’re losing too much money. So I’ve got to say no to Monday.” Sunrun Inc: “I would rather own Tesla … than own Sunrun, which is losing a lot of money.” Gores Guggenheim Inc: “There was a time, a time where I would’ve said this one could be good. … I can’t do […]
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Cramer says if you believe in oil, HighPeak Energy is an aggressive play that could pay off
CNBC’s Jim Cramer on Tuesday said that investors bullish on oil should consider betting on HighPeak Energy. “If you believe the price of oil can stay elevated here, possibly because the war in Ukraine will turn into a drawn-out stalemate, then you’ll likely get more upside out of an aggressive oil producer like HighPeak Energy,” […]
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Jim Cramer: Be ready to pounce with cash on hand when market uncertainty settles
CNBC’s Jim Cramer on Tuesday told investors that they shouldn’t rely on optimism as a market strategy, but should still be prepared to act when the market recovers. “I think you can do very well right now in a balanced portfolio that also has a lot of cash on the sidelines. You want to be […]
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Stock futures inch higher following highest inflation data in decades
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, April 4, 2022. Brendan McDermid | Reuters Stocks futures inched higher in overnight trading as investors weighed the latest inflation data for March. Futures on the Dow Jones Industrial Average rose 20 points or 0.06%, while S&P 500 futures […]
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Biden suggests Putin is a ‘dictator’ who has committed ‘genocide half a world away’
President Joe Biden speaks at POET Bioprocessing in Menlo, Iowa, Tuesday, April 12, 2022. Carolyn Kaster | AP President Joe Biden bemoaned the spike in gas prices as being driven by a “dictator” who committed “genocide half a world away” in a speech Tuesday that was an apparent reference to Russian President Vladimir Putin and the invasion […]
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Cathie Wood explains why she’s been selling Twitter amid Elon Musk board drama
Cathie Wood said Tuesday she’s dumping her Twitter stake following the recent drama surrounding its management and board of directors. Source
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Walmart hires PayPal executive as its chief financial officer
Artur Widak | NurPhoto | Getty Images Walmart said Tuesday it has hired PayPal executive John Rainey to become its new chief financial officer. Rainey currently holds the same post at the financial technology company and will step in as CFO at Walmart on June 6. He will take the reins from longtime CFO Brett […]
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Judge grants bail to two men accused of impersonating Homeland Secrity agents
Arian Taherzadeh, sketch from detention hearing for the two men charged with impersonating DHS agents. Source: Bill Hennessy A judge granted bail Tuesday to two Washington, D.C., men criminally charged with impersonating federal law enforcement agents. The ruling by Judge G. Michael Harvey in federal court for the District of Columbia came a week after […]
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Investing Club: Here’s why we’re reversing last month’s downgrade of American Eagle
With shares trading at 8 times earnings with a 4.3% dividend yield and management finally acknowledging the low valuation of the company, we are having a hard time continuing to be so pessimistic about this name. Source
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