Day: October 3, 2022

Jim Cramer says Apple is still the ‘greatest stock of all time’
Business

Jim Cramer says Apple is still the ‘greatest stock of all time’

CNBC’s Jim Cramer on Monday said that investors should ignore negative calls about Apple and hold onto their shares of the company. “The next time you hear this Apple mishegoss, you need to recognize that you’re still getting one more buying opportunity in what I consider to be the greatest stock of all time,” he […]

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South Korea’s Naver to acquire U.S. e-commerce web page Poshmark for .2 billion
Technology

South Korea’s Naver to acquire U.S. e-commerce web page Poshmark for $1.2 billion

Rafael Henrique | LightRocket | Getty Pictures South Korean world-wide-web big Naver is attaining U.S. e-retailer Poshmark for about $1.2 billion, the companies introduced Monday. Poshmark shares popped as significantly as 14% in prolonged investing. Naver is shelling out $17.90 for each share in the all-cash offer. Poshmark closed on Monday at $15.57. Naver operates […]

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The United kingdom assets marketplace could be about crack. Here is how to trade the sector, analyst states
World

The United kingdom assets marketplace could be about crack. Here is how to trade the sector, analyst states

The U.K.’s house market has been thrown into turmoil after political turmoil saw borrowing fees in the place soar. Earlier this month, expansive tax cuts announced by U.K. Finance Minister Kwasi Kwarteng despatched fascination premiums on U.K. authorities bonds to their maximum ranges in about a ten years. This noticed British home stocks develop into […]

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Cramer’s lightning round: I’m very bullish on Disney
Business

Cramer’s lightning round: I’m very bullish on Disney

Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it’s also, by the way, a great company.” Macy’s Inc: “I prefer you buy it, not sell it. … I’d say, stick with […]

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Jim Cramer says 3 things are preventing the market from having a sustained rally
Business

Jim Cramer says 3 things are preventing the market from having a sustained rally

CNBC’s Jim Cramer on Monday said that Monday’s rally won’t last because none of the headwinds to the economy have abated. Stocks rebounded on Monday after an ugly end to the month and quarter on Friday, notching the best day since June for the Dow Jones Industrial Average and the S&P 500′s best day since […]

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Stock futures are up a little next ‘relief rally’ as market place comes out of tricky thirty day period
World

Stock futures are up a little next ‘relief rally’ as market place comes out of tricky thirty day period

Inventory futures are up a little next a wide rally on the initially buying and selling day of Oct – a sharp transform from September, which brought the worst month considering the fact that March 2020 for the the Dow Jones Industrial Regular and the S&P 500. Futures tied to the S&P 500 greater .17%. […]

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Torn-up Trump papers, missing Obama and Kim Jong Un letters in depth in new launch on White Residence paperwork
Politics

Torn-up Trump papers, missing Obama and Kim Jong Un letters in depth in new launch on White Residence paperwork

A detailed residence stock of files and other objects seized from former U.S. President Donald Trump’s Mar-a-Lago estate is noticed soon after the doc was launched to the public by the U.S. District Court docket for the Southern District of Florida in West Palm Beach, Florida, September 2, 2022. Jim Bourg | Reuters The Countrywide […]

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Treasury’s fiscal security watchdog warns cryptocurrencies could threaten basic safety of U.S. financial state
Politics

Treasury’s fiscal security watchdog warns cryptocurrencies could threaten basic safety of U.S. financial state

U.S. Treasury Secretary Janet Yellen speaks at the Atlantic Pageant on September 22, 2022 in Washington, DC. Kevin Dietsch | Getty Photographs The Treasury Section warned Monday that unregulated cryptocurrencies could pose a threat to the U.S. fiscal system. The warning was a part of the initial significant community report introduced by the Treasury’s Fiscal […]

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Ukrainian ambassador tells Elon Musk to ‘f— off’ soon after billionaire infuriates country with Twitter poll
World

Ukrainian ambassador tells Elon Musk to ‘f— off’ soon after billionaire infuriates country with Twitter poll

In this photograph illustration, Twitter account of Elon Musk is seen on a smartphone monitor and Twitter emblem in the qualifications. Pavlo Gonchar | Lightrocket | Getty Illustrations or photos WASHINGTON — American tech billionaire Elon Musk drew the general public ire of Ukraine’s top officers on Monday just after the Tesla CEO tweeted what […]

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Rivian says it’s on pace to meet 2022 goals after production grew 67% in the third quarter
Business

Rivian says it’s on pace to meet 2022 goals after production grew 67% in the third quarter

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric vehicle maker Rivian Automotive said Monday that it produced over 7,000 vehicles in the third quarter, its highest […]

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