Day: June 29, 2022
Goldman says buy these global stocks to play a $900 billion EV opportunity — and names one with over 50% upside
A new European battery ecosystem could be in the cards, as the region seeks to be a leader in the global shift to electric vehicle adoption, according to Goldman Sachs . The bank names the key stocks along the battery value chain that it thinks could benefit from “Europe’s largest industrial transformation.” The bank estimates […]
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Cramer warns investors not to group all stocks of the same sector together – ‘No two stocks are truly alike’
CNBC’s Jim Cramer on Wednesday told investors that despite what might be happening in the market, they shouldn’t judge a stock based on its industry peers’ performance. “These days, it feels like up to 90% of a stock’s performance on a given day comes from its sector, something on down days that feels like a […]
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Jan. 6 committee subpoenas Pat Cipollone, former WH counsel
White House Counsel Pat Cipollone waits for his car as he leaves the Capitol after attending the Senate Republicans lunch on Wednesday, Dec. 4, 2019. Bill Clark | CQ-Roll Call, Inc. | Getty Images The House committee investigating the Jan. 6 insurrection issued a subpoena Wednesday to former White House counsel Pat Cipollone, who has […]
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Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue
A Spirit Airlines plane on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines on Wednesday delayed shareholder vote on its proposed merger with Frontier Airlines until July 8, hours before a meeting scheduled for Thursday so it can further discuss […]
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Cramer’s lightning round: I prefer Deere over Nutrien right here
“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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Charts suggest the recent boom in commodities ‘is not long for the world,’ Jim Cramer says
CNBC’s Jim Cramer on Wednesday said that while the commodities market could see a short-term upside, it will ultimately come down in the long term. “The charts, as interpreted by Carley Garner, suggest that the recent commodities boom is not long for the world. She says we could still see some short-term upside … but […]
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Palantir CEO Alex Karp on the difference between fighting with Peter Thiel and progressives
As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shouldn’t. “Companies have a problem that it’s very hard for them to tether what they’re producing to a higher mission, and therefore they cannot exactly […]
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Pinterest improving user experience to help people ‘take more action’ on boards, new CEO Bill Ready says
Pinterest is working on helping users take tangible actions on their mood boards and pins, new CEO Bill Ready told CNBC’s Jim Cramer on Wednesday. “There’s a lot we can do to help them take more action on that intent, whether that action is making, or doing, or in some cases buying. There’s a variety […]
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Judge lifts Trump’s contempt order in New York civil probe
Former U.S. President Donald Trump arrives at Trump Tower in Manhattan on August 15, 2021 in New York City. James Devaney | GC Images | Getty Images A New York judge on Wednesday lifted a contempt-of-court order against former President Donald Trump that was imposed after he failed to comply with a subpoena as part […]
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Putin needs to be stopped in the battlefield — not with sanctions, says ex-president of Lithuania
It’s important to beat Russian President Vladimir Putin on the battlefield in Ukraine, as international sanctions alone won’t work, former president of Lithuania Dalia Grybauskaite told CNBC. “From the very beginning of the war, I [have] said that [Putin] only understands the language of strength, and he can be stopped [only] on the battlefield — […]
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