Day: June 9, 2022
Cramer’s lightning round: Six Flags is not a buy
Portillos Inc: “We’re going to have to save that one for later and lower.” Berkshire Hathaway Inc: “I’ve been recommending that stock ever since the week that [Mad Money] began. … Berkshire Hathaway is for me.” Six Flags Entertainment Corp: “If you get bad weather … you’re going to end up getting hurt. So, I’m […]
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Asia-Pacific stocks set for lower start ahead of China and U.S. inflation data
SINGAPORE — Shares in Asia-Pacific appeared set for a lower start on Friday as investors look ahead to the release of May inflation data from China and the U.S. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 28,085 while its counterpart in Osaka was at 27,980 […]
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DocuSign shares crater after first-quarter earnings miss
Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 24% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first quarter. Here’s how the company did: Earnings: 38 cents per share, adjusted, vs. 46 cents […]
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Stock futures rise slightly ahead of Friday’s key inflation report
Traders on the floor of the NYSE, June 8, 2022. Source: NYSE Stock futures moved slightly higher on Thursday evening ahead of a highly anticipated inflation report. Futures tied to the Dow Jones Industrial Average added 33 points, or 0.1%. Those for the S&P 500 and Nasdaq 100 gained about 0.1% each. Before the opening […]
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Adobe CEO says e-commerce is seeing price decreases, expects strong future for online shopping
Several categories of e-commerce are seeing price decreases and support the expectation that digital shopping among consumers will hold strong, Adobe chief executive Shantanu Narayen told CNBC’s Jim Cramer on Thursday. “When you look at the total expense, in addition to the macroeconomic, where there may be a little bit more concern, what’s happening is […]
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Stick with profitable, recession-proof stocks to avoid a ‘crisis,’ Jim Cramer says
CNBC’s Jim Cramer reminded investors to own profitable, recession-proof stocks rather than conceptual ones after major tech stocks tumbled on Thursday. He noted that while the stocks took a hit, they’re still “terrific” and stand out from uninvestable names for two main reasons. Investable stocks “have a defined downside because of that dividend and their […]
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Bipartisan privacy proposal is ‘unworkable and should be rejected,’ Chamber of Commerce says
Signage is seen on the Chamber Of Commerce Building in the Manhattan borough of New York City, New York, U.S., April 21, 2021. Andrew Kelly | Reuters The bipartisan privacy proposal that’s reignited a debate about federal protections for internet users is “unworkable,” according to a major business group. The American Data Privacy and Protection […]
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Watch live: Jan. 6 committee to release new findings about Trump’s role in Capitol riot
The House select committee investigating the Jan. 6 Capitol riot is set to begin laying out its initial findings in the first in a series of public hearings beginning Thursday night. The hearing will feature new information that the committee says will show former President Donald Trump “at the center” of a coordinated effort to reverse President Joe […]
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It’s not Apple or Tesla, but Inrix has data from 500 million vehicles taking transportation into the future
Cars and trucks move along the Cross Bronx Expressway, a notorious stretch of highway in New York City that is often choked with traffic and contributes to pollution and poor air quality on November 16, 2021 in New York City. Spencer Platt | Getty Images In this weekly series, CNBC takes a look at companies […]
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‘Jurassic World: Dominion’ is ‘the worst’ in the franchise, critics say
Still from Universal Studio’s “Jurassic World: Dominion” NBCUniversal “Jurassic World: Dominion” may score the top spot at the domestic box office this weekend, but lackluster reviews and word of mouth could stall its potential haul. “Inevitably, ‘Jurassic World: Dominion’ will make a fortune worldwide, since these films always do,” wrote Robbie Collin in his review […]
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