Day: July 5, 2022
Cramer’s lightning round: I have no catalyst to recommend SoFi
Oasis Petroleum Inc: “Everybody hates oil so much, we’ve got to do more work. But I like the idea in principle.” Cloudflare Inc: “I don’t like companies that aren’t making money, but I think [CEO] Matthew Prince should come on the show because they are doing so well.” MP Materials Corp: “It has been a […]
Read MoreAsia-Pacific markets poised to open lower after Wall Street staged a comeback
SINGAPORE — Futures in the Asia-Pacific pointed to a lower open in the region despite Wall Street recovering most of its losses by the close. The Nikkei futures contract in Chicago was at 26,240 while its counterpart in Osaka was at 26,220. That compared against the Nikkei 225’s last close at 26,423.47. In Australia, SPI […]
Read MoreJim Cramer picks 7 Dow stocks that investors should consider owning
CNBC’s Jim Cramer on Tuesday offered investors his stock picks from the best- and worst-performing stocks in the Dow Jones Industrial Average during the first half of the year. Companies in the Dow “tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening,” the […]
Read MoreS&P 500 futures are little changed after a late day rally and ahead of Fed minutes
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. equities futures were flat Tuesday night after the market staged a big midday reversal, with falling bond yields giving a boost to growth stocks, and ahead of a batch of economic data. Futures tied to the Dow Jones Industrial […]
Read MoreCramer says investors shouldn’t fear market declines and instead look for buying opportunities
CNBC’s Jim Cramer on Tuesday said that investors shouldn’t fear the market’s declines now that interest rates are coming down since that means there are buying opportunities. “You can’t have it both ways. You can’t be scared of higher rates and lower rates. History says we should like lower interest rates. … And, of course, […]
Read More‘Minions’ vs. ‘Lightyear:’ Here’s why the silly yellow blobs beat Buzz at the box office
Two blockbuster animated franchises went head-to-head at the box office this past weekend. One of them benefited from buzz — and it wasn’t “Lightyear.” In just three days, Universal and Illumination’s “Minions: The Rise of Gru” tallied more than $107 million in domestic ticket sales and topped $200 million globally. Its rival, Disney and Pixar’s […]
Read MoreCalifornia federal judge throws out Trump-era changes that weakened Endangered Species Act
A Mexican gray wolf leaves cover at the Sevilleta National Wildlife Refuge, Socorro County, N.M. Jim Clark | U.S. Fish and Wildlife Service via AP A California federal judge on Tuesday threw out Trump-era changes to the landmark Endangered Species Act, voiding regulations that made it harder to protect wildlife from the effects of human development […]
Read MoreTesla should have a strong second half of 2022, says Deutsche Bank’s Emmanuel Rosner
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Emmanuel Rosner, Deutsche Bank lead auto technology analyst, joins ‘Closing Bell: Overtime’ to discuss his bullish case for Tesla. 02:47 an hour ago Source
Read MoreWhy driving big rig trucks is a job fewer Americans dream about doing
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fleet truck drivers as much as $110,000 in their first year with the big-box retailer, up from an average starting salary of $87,000. Yellow Corp., […]
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