Day: August 11, 2022
Cramer’s lightning round: Charles Schwab is terrific
Amyris Inc: “There’s another company called IFF … that does a better job.” TechnipFMC PLC: “I like that company very, very much. … Maybe wait for a couple day pullback.” Canopy Growth Corp: “If Canopy Growth is good, then that means that you have one more reason to buy Constellation Brands. … I would buy […]
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Jim Cramer says to pick up these four stocks if the market goes down on Friday
CNBC’s Jim Cramer offered a list of stocks to buy on Friday if the market declines. “I was very disappointed in the performance of the tech stocks today … That said, I think the market will let you into the best ones and you’re going to get better prices again,” the “Mad Money” host said […]
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How do people in Asia-Pacific feel about travel right now? It depends on where they live
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website Booking.com. Some 11,000 people in the region were polled about their comfort levels and concerns, […]
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Pinterest’s plan to better compete with TikTok, Shopify and Instagram
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. […]
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Stocks making the biggest moves after hours: Rivian, Toast, Poshmark and more
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines after the bell: Rivian Automotive — The electric vehicle maker rose 3.1% in after-hours trading […]
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Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street expected. But it trimmed its […]
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Justice Department seeks to unseal Trump raid search warrant, Attorney General Garland says
Attorney General Merrick Garland said Thursday that the Justice Department has asked a federal judge to unseal a search warrant used by the FBI to raid the Florida home of former President Donald Trump three days earlier. The decision came after days of pressure by Republican lawmakers and other allies of Trump on the Justice […]
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CDC eases Covid guidance as U.S. has more tools to fight the virus and keep people out of the hospital
A sign outside of a hospital advertises COVID-19 testing on November 19, 2021 in New York City. On Friday vaccine advisers to the US Centers for Disease Control (CDC) and Prevention voted unanimously in recommending a booster shot of the COVID-19 vaccines for all adults in the United States six months after they finish their […]
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Attorney General Merrick Garland set to make statement, days after FBI raid on Trump home at Mar-a-Lago
Read CNBC’s coverage of Garland’s remarks here. Attorney General Merrick Garland is scheduled to make a statement Thursday afternoon, three days after FBI agents raided the Florida residence of former President Donald Trump. The Justice Department, which Garland heads, has faced pressure since that raid to provide a public explanation for the search of the […]
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Disney is raising prices, but this time, don’t blame inflation
Another major American company is raising prices again, but this time, don’t blame inflation. Disney is increasing the price on its streaming products and signaled that a price hike could be in the works at its theme parks as well. On Wednesday, the company said the price of Disney+ without ads is jumping $3 per […]
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