Month: September 2022
Charts suggest it’s ‘way too early’ to expect the stock market to rebound, Jim Cramer says
CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon. “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside, and it’s way too early to go really bullish,” he said. related investing news Chart analysts say the breakdown in Apple’s stock may […]
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Cramer’s lightning round: nLight is not a buy
UiPath Inc: “It’s losing money, and I don’t recommend companies that are losing money.” New Mountain Finance Corp: “We don’t know what they’re invested in, and as far as I’m concerned, therefore it’s too dangerous.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term […]
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North Korea fires ballistic missiles, marking fourth in a 7 days
US Vice President Kamala Harris appears towards the north aspect of the border from an observation article as she visits the Demilitarized Zone (DMZ) in Paju, South Korea, on Thursday, Sept. 29, 2022. SeongJoon Cho | Bloomberg | Getty Photographs North Korea fired unspecified ballistic missiles towards the east coast on Saturday, South Korea’s Joint […]
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Cramer’s week ahead: 3 events will determine if the market’s bad momentum will continue in October
CNBC’s Jim Cramer on Friday said that three key events next week will determine if the nightmarish month for the stock market will continue into October. Here are the events: related investing news 3 takeaways from our daily meeting: Still oversold, picking at chip stocks, Club names in the news The release of the nonfarm […]
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Intel’s self-driving car or truck division Mobileye data files for IPO
Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless automobile at the Nasdaq Sector internet site in New York, July 20, 2021. Jeenah Moon | Reuters Mobileye, an Intel-owned company that will make chips, maps, and software program for self-driving autos, has filed for an IPO, in accordance to a prospectus filed with the SEC […]
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Wall Street took a close look at Disney and Microsoft. Here’s our take
Wall Street put Walt Disney (DIS) and Microsoft (MSFT) under the microscope this week, two Club holdings we’re sticking with for the long run. Source
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Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said […]
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Digital World CEO urges Donald Trump to push shareholders to vote on merger delay
Homepage and app announcement of “Truth Social.” Christoph Dernbach | picture alliance | Getty Images Patrick Orlando, the CEO of the shell company set to take Trump Media and Technology Group public, on Friday urged Donald Trump and Trump Media CEO Devin Nunes to promote an upcoming vote to extend the merger deadline for the […]
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Tesla predicted to show humanoid robot Optimus demo on Friday evening at AI Day 2022
Tesla CEO Elon Musk and leaders from the company’s AI and hardware teams are expected to talk at the company’s AI Day 2022, an engineer-recruiting function, which will be stay-streamed on Friday beginning around 5:00 p.m. in California. You can look at AI Day 2022 in this article. Through the past AI Working day in […]
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EV and self-driving stocks fell nearly 15% in September, their second-worst month on record
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffered an ugly month in September, falling nearly 15% amid fears a recession could slow revenue for the automakers. The Global X […]
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