Day: September 22, 2022
Australia current market set to fall on return to trade as investors weigh Fed hike
Futures in Australia pointed to a destructive open on Friday just after a holiday break on Thursday. Resource
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Charts suggest inflation could soon come down ‘substantially,’ Jim Cramer says
CNBC’s Jim Cramer on Thursday said that inflation could soon decline, leaning on charts analysis from legendary technician Larry Williams. “The charts, as interpreted by Larry Williams, suggest that inflation could soon cool down substantially — soon — if history’s any guide,” he said. The “Mad Money” host’s comments come after the Federal Reserve on […]
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China’s CATL, a Tesla provider, considers growing battery swapping enterprise abroad
CATL is the world’s largest electric auto battery maker and provider to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Photographs | Lightrocket | Getty Photos The world’s most significant electric car battery maker CATL is evaluating whether or not to expand its battery swapping business to worldwide marketplaces, a senior executive explained […]
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Costco’s quarterly results indicate the retailer is thriving despite high inflation
Costco shares were trading lower after-hours in reaction to the slight quarterly beats, but that’s typical. Source
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Alibaba pledges $1 billion to cloud computing shoppers to reignite development
Alibaba has faced growth worries amid regulatory tightening on China’s domestic technologies sector and a slowdown in the world’s next-premier economy. But analysts believe the e-commerce giant’s progress could decide on up as a result of the relaxation of 2022. Kuang Da | Jiemian News | VCG | Getty Pictures Alibaba reported it will spend […]
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Futures are flat following a different day of losses right after Fed amount hike, sell-offs
Inventory futures were being mainly flat Wednesday night as traders ongoing reacting to the Fed’s fee hike and issues about a potential financial downswing. The Nasdaq 100 was up 10 details or .09%. Dow Jones Industrial Typical futures rose by 41details, or .14%. S&P 500 futures greater 4 factors, .11%. Costco inventory was down about […]
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Cramer’s lightning round: I like Boston Scientific over Medtronic
Dow Inc: “Don’t buy it back. … It’s just not right.” SoFi Technologies Inc: “This stock is too cheap. … The CEO is going to make you money if you buy that stock at $5.36.” Energy Transfer LP: “[Investor] Lee Cooperman said the other day that he thinks Energy Transfer is good. He likes [Executive […]
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Qualcomm’s first auto investor day offers signs the industry is embracing its tech platform
We think Qualcomm delivered with its first-ever automotive investor day. Source
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Cramer says 3 recent trends in tech show the Fed’s push against inflation is working
CNBC’s Jim Cramer on Thursday said that based on his conversations with CEOs, tech companies are feeling the Federal Reserve’s push against inflation. “While some of these tech companies have business lines that may be somewhat immunized against higher borrowing costs, they are few and far between out here,” the “Mad Money” host said. Cramer, […]
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Shares creating the greatest moves immediately after hrs: Costco, DocuSign, Scholastic
Consumers have their products soon after procuring at Costco in Washington D.C., May possibly 5, 2021. Ting Shen | Xinhua Information Agency | Getty Images In this article are the shares earning notable moves in extended trading: Costco — The wholesale membership club retailer was down about 2.8% right after reporting fiscal fourth quarter earnings […]
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