Month: July 2022
Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemic
Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s Farnborough International Airshow will make its long-awaited return next week, with aerospace and defense industry leaders poised to gather against a backdrop of travel chaos and labor unrest. The five-day […]
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45 countries sign a pact to punish Russian war crimes; 2.5 million people have been moved from Ukraine to Russia, UK says
More than 2.5 million people have been evacuated from Ukraine to Russia: UK More than 2.5 million people have been evacuated from Ukraine to Russia, Britain’s Ministry of Defense wrote in its latest intelligence update, with many of those evacuees suspected to have been forcibly deported. “Russia continues to face accusations that it is forcibly […]
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Manchin balks at climate and tax pieces of Biden agenda bill but backs health care provisions
Sen. Joe Manchin in the U.S. Capitol on Tuesday, June 14, 2022. Sen. Joe Manchin, D-W.Va., and his staff told Democratic leadership on Thursday that he’s not willing to support major climate and tax provisions in a sweeping Biden agenda bill, according to a Democrat briefed on the conversations. Tom Williams | Cq-roll Call, Inc. […]
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China remains the world’s largest e-sports market despite gaming crackdown
Revenue for China’s e-sports market grew 14% year-on-year in 2021 despite a tough regulatory environment for gaming in the world’s second-largest economy, according to a new report from intelligence firm Niko Partners. E-sports refers to professional gaming where gamers often play each other in big tournaments and fans watch via live streams. China remains the […]
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Investing on the graveyard shift: Two new ETFs look to capture the ‘night effect’
Two new ETFs out this summer are working the overnight shift. The NightShares 500 [NSPY] and NightShares 2000 ETFs [NIWM] are doing something no ETF has done before: Take advantage of the so-called “night effect.” According to NightShares CEO Bruce Lavine, stocks bought at the market close and sold when markets open again in the […]
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Jim Cramer says investors should eye these 5 downtrodden stocks
CNBC’s Jim Cramer on Thursday said that investors should search for buying opportunities among stocks being hammered by the turbulent stock market. “You could argue that for many groups, this bear market’s simply about working off the excesses of the past two years. … However, for some stocks, the sell-off has even been worse than […]
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Cramer’s lightning round: I wouldn’t mind buying Microchip Technology down 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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For bitcoin to bottom here’s what the market wants to see — and it could mean a further 30% drop
Cryptocurrencies have taken a tumble in 2022. Chesnot | Getty Images An improvement in macroeconomic factors, a particular trading pattern and a further shakeout of companies and projects could be the key ingredients required for bitcoin and the broader crypto market to bottom, industry players told CNBC. Bitcoin has plummeted more than 70% from its […]
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Look past the ‘misery’ and remember that the market will eventually recover, Jim Cramer says
CNBC’s Jim Cramer on Thursday reminded investors to stay the course in the market, as the pain will eventually go away. “The fact is, if you own stocks right now, the odds favor that you’re going to lose money. So why not just get out and circle back at a better moment? … Because losing […]
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General Motors is handling production issues on a ‘weekly basis,’ CEO Mary Barra says
General Motors is still dealing with production snags that will last into next year, CEO Mary Barra told CNBC’s Jim Cramer on Thursday. “It’s gotten better this year than last year, but really this will go into ’23. … It’s going to take additional capacity,” Barra said in an interview on “Mad Money.” “But right […]
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