Day: June 1, 2022
Asia-Pacific stocks set for mixed start; Australia’s April trade data ahead
SINGAPORE — Shares in Asia-Pacific looked set for a mixed Thursday start, with Australia’s April trade data expected later in the day. Futures pointed to a muted open for Japanese stocks. The Nikkei futures contract in Chicago was at 27,450 while its counterpart in Osaka was at 27,460, against the Nikkei 225’s last close at […]
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Cramer’s lightning round: I like P&G over Olaplex
“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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Jim Cramer says investors should consider 3 things before buying a stock
CNBC’s Jim Cramer on Wednesday told investors they should buy stocks based on the company’s financial performance, rather than on whether they like its products. Better yet, investors should also make sure the stocks they purchase can withstand the currently turbulent economy, he said. “Doing the homework about the underlying company and knowing how the […]
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Jim Cramer says he likes this alternative energy play for a high inflation environment
CNBC’s Jim Cramer on Wednesday gave investors his blessing to buy shares of Atlantica Sustainable Infrastructure. “Atlantica’s a real company that sells real stuff at a profit and returns those profits to shareholders, while still having a relatively cheap stock. It’s exactly what we like in this high inflation environment where the [Federal Reserve] is […]
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Reckitt says baby formula plants in Singapore and Mexico can produce 21 million bottles for U.S. if FDA approves
Robert Cleveland, senior vice president of nutrition for North America and Europe at Reckitt, speaks via video conference during a House Commerce Subcommittee hearing in Washington, D.C., on Wednesday, May 25, 2022. Sarah Silbiger | Bloomberg | Getty Images Baby formula manufacturer Reckitt has the capacity to produce at least 21 million 8-ounce bottles of […]
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Tough new sanctions on Russia could hit world oil supply and change the OPEC+ dynamic
OPEC+ is expected to stick to its current production agreement for now, but behind the scenes the oil-producing nations could be planning for the day when Russia’s contribution to world oil supply could be far reduced. The European Union’s move to ban most Russian oil and put new sanctions on shipping insurance could seriously hamper […]
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Stock futures are little changed as investors dwell on health of the economy
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. Andrew Kelly | Reuters U.S. stock futures were flat Wednesday night as economic concerns dragged down investor sentiment. Futures tied to the Dow Jones Industrial Average edged lower by 13 points, or […]
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Star Wars is mostly TV now — and the Disney franchise’s often-fractured fanbase is cool with that
Ewan McGregor reprises his role as Obi-Wan Kenobi in the new Disney+ series “Obi-Wan Kenobi.” Disney ANAHEIM, California — By the time Oscar-winning filmmaker Taika Waititi’s untitled Star Wars film is set to hit theaters in late 2023, it will have been four years since a tale from a galaxy far, far way has been […]
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Why Meta drop on Sandberg’s exit is a good chance to snap up shares
While we will miss the leadership of Sandberg — the company’s COO and No. 2 to CEO and co-founder Mark Zuckerberg — it doesn’t change our investment thesis. Source
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GameStop reports $158 million loss and decline in hardware sales
A GameStop location in New York, Dec. 23, 2021. Scott Mlyn | CNBC GameStop reported $1.38 billion in revenue in its fiscal first-quarter earnings report Wednesday, up slightly from the $1.27 billion it reported in the year-ago quarter. But, it also reported a $157.9 million net loss, which is worse than the $66 million net […]
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