Day: August 30, 2022
HP Inc. CEO sees signs that commercial PC demand is starting to slow down
HP Inc. CEO Enrique Lores told CNBC on Tuesday he sees indications that commercial customers are spending more cautiously on PCs as macroeconomic uncertainty weighs on enterprises. Lores’ comments in a “Mad Money” interview come on the heels of a well-documented slowdown in consumer PC demand this year, even as sales of higher-performing machines favored by […]
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Cramer says avoid all speculative investments like crypto as the Fed stays hawkish
CNBC’s Jim Cramer on Tuesday implored investors to stay away from speculative assets such as cryptocurrencies, warning that they will continue to struggle during the ongoing Federal Reserve tightening cycle. “Look, Fed chief Jay Powell told us that we need to stop doing stupid things with our money. That was the thrust of his speech […]
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Biden touts regulation enforcement prepare when questioning ‘MAGA’ Republicans: ‘Which facet are you on?’
U.S. President Joe Biden provides remarks at the 29th AFL-CIO Quadrennial Constitutional Conference at the Pennsylvania Conference Centre in Philadelphia, U.S., June 14, 2022. Evelyn Hockstein | Reuters President Joe Biden experienced a message for lawmakers who defended the Jan. 6, 2021, riot at the U.S. Capitol as he touted his Safer America Approach Tuesday. […]
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Cramer’s lightning round: Li-Cycle Holdings is ‘too risky’ for this environment
Li-Cycle Holdings: “Too dangerous, too risky. Not the right thing for this environment. We’ve got to be more careful.” Epam Systems: “Very fast grower. Profitable. I like them. They must come on the show because they are [headquartered] right next to where I live.” AT&T: “[Sell, sell, sell].” Compass Pathways: “No, too dangerous. Too risky. […]
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Stock futures are flat immediately after Wall Street’s offer-off stretches into third working day
Trader on the floor of the NYSE Aug. 30, 2022. Source: NYSE Stock futures have been flat in right away buying and selling following Wall Street’s shedding streak stretched into its third working day and endangered the market’s the latest summertime rebound. Shares of Chewy tumbled far more than 9% in prolonged investing soon after […]
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Jim Cramer says these are his 10 favorite ‘dividend aristocrats’ to own through year-end
CNBC’s Jim Cramer on Tuesday offered investors a list of his 10 favorite “dividend aristocrats” to own through year-end, saying their payouts offer protection against Federal Reserve-related market declines. Amid the Fed’s tightening campaign this year, the S&P 500’s dividend aristocrats — companies that have consistently raised their payouts over the past 25 years — […]
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NASA aims for Artemis launch attempt on Saturday after reviewing rocket engine problem
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at Cape Canaveral, Florida, August 27, 2022. Joe Skipper | Reuters NASA announced it will make another attempt to launch the Artemis […]
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Shares creating the largest moves following several hours: Chewy, HP, CrowdStrike and extra
In this post CRWD HPQ CHWY PVH Chewy CEO Sumit Singh (C) rings the opening bell to begin the day’s investing for the Chewy Inc. IPO at the New York Stock Trade (NYSE), June 14, 2019. Andrew Kelly | Reuters Verify out the providers creating headlines right after the bell: Chewy — Chewy shares slumped […]
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Mikhail Gorbachev, Soviet leader who served close the Cold War, has died
Normal Secretary of the Communist Celebration of the Soviet Union Mikhail Gorbachev for the duration of French President Francois Mitterrand’s pay a visit to to the Soviet Union. Moscow, Russia, 6th December 1989. Wojtek Laski | Hulton Archive | Getty Photos Mikhail Gorbachev, the last leader of the Soviet Union and a reformer who assisted […]
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How we’re positioning our portfolio heading into the worst month of the year
We’ve been shaping our investments around companies that can historically hold up in tough environments, and using downturns to buy high-quality tech. Source
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