Day: August 3, 2022
Charts suggest now is the perfect time to buy gold, Jim Cramer says
CNBC’s Jim Cramer on Wednesday told investors that gold is poised to rally, making now an optimal time for investors to pounce. “The charts, as interpreted by the legendary Larry Williams, suggest that the general public’s giving up on gold en masse and he thinks that that makes it the perfect entry time to do […]
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Cramer’s lightning round: Canoo is not a buy
MannKind Corp: “No one ever likes me to say anything bad about Mannkind. … What happens if it’s not a good company? Does that matter at all? To me it does, therefore I say, sell, sell, sell.” Canoo Inc: “They just lose money. We’re done with those stocks that just lose money.” Trade Desk Inc: […]
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China, Cairo, Italy: The top ‘travel-inspired’ baby names in the U.S. and the UK
Baby Emma, David or Elizabeth? Not for American parents Caitlin and Luke McNeal. Rather than naming their children after grandparents, biblical figures or the British monarchy, the couple chose the names of places that hold meaningful travel memories for them. “Kinsale was when we lived in Ireland, and we vacationed in Kinsale and fell in […]
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Nuclear power is on the brink of a $1 trillion resurgence, but one accident anywhere could stop that momentum
21 July 2022, Bavaria, Essenbach: Water vapor rises behind sunflowers from the cooling system of the nuclear power plant (NPP) Isar 2. Picture Alliance | Picture Alliance | Getty Images Nuclear energy is at an inflection point. Early exuberance about its potential was undercut by a series of devastating and dangerous accidents: Three Mile Island […]
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Jim Cramer says Congress’s spending bills could worsen inflation, but he’s remaining bullish
CNBC’s Jim Cramer on Wednesday said that Congress’s two behemoth spending bills have him worried about inflation’s trajectory. “I’m still a bull — I’ve felt bullish since June when I saw commodities were going in the right direction. And I’d be very confident about wage inflation, too, if not for Congress,” the “Mad Money” host […]
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Robinhood’s Tenev says the retail brokerage firm is not interested in selling itself despite struggles
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood CEO Vlad Tenev said Wednesday that the retail brokerage is not looking to be acquired despite announcing […]
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Fisker stays on track to start production of its electric Ocean SUV this year, cites 56,000 reservations
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images California-based EV startup Fisker said Wednesday it now has more than 56,000 […]
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Embryos can count as dependents on Georgia state tax returns: For many families ‘there is no benefit at all,’ says analyst
Anti-abortion activists demonstrate outside the Supreme Court of the United States in Washington, June 13, 2022. Evelyn Hockstein | Reuters Residents of Georgia may now claim embryos as dependents on their state income tax returns. Any “unborn child with a detectable human heartbeat” may qualify for a $3,000 state income tax deduction for 2022, effective […]
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Walmart lays off corporate employees after slashing forecast
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Walmart confirmed on Wednesday that it has begun to lay off corporate employees about a week after the company slashed its profit outlook and warned consumers had pulled back on discretionary spending […]
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Stocks making the biggest moves after hours: Lucid, Booking Holdings, MGM, eBay and more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Lucid Group — Shares of the EV maker tumbled about 12% after […]
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