Day: September 20, 2022
Cramer’s lightning round: Coinbase is not a buy
Certara Inc: “They’re not bad. They actually don’t lose money. … I think it’s a great spec, and I usually don’t say that.” Melco Resorts & Entertainment Ltd: “It’s a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling group because man, it’s been a […]
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Johnson & Johnson CEO touts ‘smart’ data approach to medicine breakthroughs at new research center
Johnson & Johnson is honing in on finding new solutions to advance health care treatments, CEO Joaquin Duato told CNBC’s Jim Cramer on Tuesday. The “Mad Money” host sat down with the chief executive on Tuesday at the opening of the company’s new research and development center in San Francisco. Duato, who became CEO in […]
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Salesforce co-CEO Benioff claims you can find ‘no end line when it comes to security’ just after Uber hack
Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Photos Salesforce co-CEO Marc Benioff explained the cloud program business has a lot much more to do in the space of cybersecurity following an attack at Uber […]
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Market rallies will be sporadic until inflation comes down, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said market rallies will be short-lived as long as inflation remains persistent. “Sometimes you don’t need to know the price of the Dow, you just need to know the price of Kerrygold butter or a Lennar three-bedroom,” the “Mad Money” host said. related investing news Market got you feeling upside […]
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Beyond Meat suspends operating chief after arrest for allegedly biting man’s nose
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in a statement on Tuesday afternoon that Jonathan Nelson, the company’s senior vice president of manufacturing operations, will […]
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Tesla Megapack battery caught fireplace at PG&E substation in California
A Tesla Megapack in Moss Landing, California Andrew Evers | CNBC At the very least one particular Tesla Megapack caught fire early Tuesday early morning at the electricity storage facility operated by utility PG&E in Monterey, California. As of late Tuesday early morning, there ended up no power outages for PG&E clients, nor any accidents […]
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Trump-linked SPAC faces new pressure from investors as merger hangs in the balance
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the company planning to take Trump Media and Technology Group public, is facing investor concerns about a potential failed merger with former President Donald Trump’s company. The Financial Times reported […]
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Treasury warns versus Russia’s efforts to evade sanctions with crypto
Ether has hugely outperformed bitcoin because each cryptocurrencies shaped a base in June 2022. Ether’s exceptional gains have appear as buyers anticipate a important up grade to the ethereum blockchain known as “the merge.” Yuriko Nakao | Getty Photos Russian President Vladimir Putin could use cryptocurrencies to evade U.S. and other sanctions introduced in opposition […]
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American Airways will include new high quality suites in 2024 in race for substantial-having to pay vacationers
Seats in American Airlines’ new Flagship Suites TKTKTK American Airlines on Tuesday unveiled new suites for some of its longest-selection planes, a bid to chase superior-spending customers as vacation demand from customers returns. The new suites, which will attribute lie-flat seats and a sliding door for privacy, will debut in 2024 and will mark the […]
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Better premiums are leaving traders about the globe with nowhere to cover
This is the everyday notebook of Mike Santoli, CNBC’s senior markets commentator, with suggestions about tendencies, stocks and market figures. Stocks’ sideways slog close to two-month lows continues, with elevated bond yields holding the stress on and assistance underneath coming from mild hazard positioning and the hope for the Federal Reserve to pull the final […]
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