Month: May 2022

Cramer’s lightning round: New York Community Bancorp’s yield is too high
Business

Cramer’s lightning round: New York Community Bancorp’s yield is too high

“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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Asia-Pacific stocks set for opening declines following Wall Street tumble
World

Asia-Pacific stocks set for opening declines following Wall Street tumble

SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Tuesday following big losses overnight on Wall Street that saw the tech-heavy Nasdaq Composite dropping more than 4%. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 26,060 while its counterpart in Osaka was at […]

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Inside the .5 million mansion poised to smash another local record in Southern California
Business

Inside the $23.5 million mansion poised to smash another local record in Southern California

The ocean views from the most expensive mansion to ever sell in Encinitas, CA. Rancho Photos A $23.5 million modern mansion overlooking the Pacific Ocean in Southern California is set to officially hit the market on May 14, and in doing so become the most expensive home ever up for sale in the town of […]

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These stocks could provide ‘downside protection’ as inflation soars, Bernstein says
World

These stocks could provide ‘downside protection’ as inflation soars, Bernstein says

As surging inflation puts significant pressure on margins, Bernstein names stocks with pricing power that could outperform. Source

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HSBC thinks these global energy stocks could be winners — and gives one upside of over 100%
World

HSBC thinks these global energy stocks could be winners — and gives one upside of over 100%

HSBC says a “generational shift” in energy policy could be on the horizon— and names the stocks it thinks could benefit. Source

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El Salvador buys the bitcoin dip, adding 500 coins to its balance sheet
Technology

El Salvador buys the bitcoin dip, adding 500 coins to its balance sheet

President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador just added another $15.5 million worth of bitcoin to its balance sheet, […]

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The S&P 500 is dropping again, but chart analysts don’t see signs of a bottom yet
World

The S&P 500 is dropping again, but chart analysts don’t see signs of a bottom yet

Technical indicators show that the market could have significant downside left. Source

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Use market downturn to upgrade your portfolio with solid, reasonably priced growth stocks, Cramer says
Business

Use market downturn to upgrade your portfolio with solid, reasonably priced growth stocks, Cramer says

CNBC’s Jim Cramer on Monday said that investors willing to brave the current market should switch out their non-profitable holdings for stocks that have cheap valuations and better-than-average growth rates. “I’m not advocating staying in the market, so much as I want you to take some losses and swap into better stocks that can spring […]

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AMC shares rise after results outpace Wall Street expectations
Business

AMC shares rise after results outpace Wall Street expectations

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Not even the tag-team of Spider-Man and Batman could make AMC Entertainment profitable during the first quarter. Still, shares of the movie theater chain rose more than 4% after hours […]

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Tech giants lost more than  trillion in value in the last three trading days
Technology

Tech giants lost more than $1 trillion in value in the last three trading days

The world’s largest technology companies have shed over $1 trillion in value in just three trading sessions. Stocks at large have sold off since the Federal Reserve raised its benchmark interest rate on Wednesday, but technology has endured more pain than other sectors of the economy. Investors now have less interest in what drove business […]

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