Day: October 17, 2022
Asia-Pacific markets set to increase following Wall Street’s bounce yen hovers 149-levels
The Tokyo Inventory Exchange (TSE), operated by Japan Exchange Team Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg by means of Getty Photographs Shares in the Asia-Pacific are poised to increase on Tuesday following Wall Street’s rally right away. The Nikkei futures deal in Chicago was at 27,150 whilst […]
Read MoreJim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their multi-year turnaround plan is finally bearing fruit. … It’s by far my favorite name in this new leadership group,” he said. […]
Read MoreApple to start a foldable iPad instead than Apple iphone in 2024, analyst predicts
Apple CEO Tim Prepare dinner speaks at an celebration at the Apple Park campus in Cupertino, California, on Sept. 7, 2022. At a presentation dubbed Far Out, Apple is set to unveil the Apple iphone 14 line, a refreshing slate of smartwatches and new AirPods. Nic Coury | Bloomberg | Getty Illustrations or photos Apple […]
Read MoreWhy smartphones are acquiring cheaper when everything else is skyrocketing, according to the authorities
Purchasers queue in like outdoors the Apple store during the start day of the new Iphone 14 sequence smartphones in Hong Kong, on September 16, 2022. Miguel Candela | Anadolu Agency | Getty Visuals The carefully watched customer selling price index proceeds to show headline inflation in the U.S. hovering at degrees last witnessed in […]
Read MoreCramer’s lightning round: Wait for Texas Roadhouse to come down
Warner Bros Discovery Inc: “I can’t. I like profitable companies with good balance sheets. That is the definition of not that.” Veru Inc: “A lot of people bet against it, so it could be a very binary, up big, down big situation.” Texas Roadhouse Inc: “We have to wait for that one to come down, […]
Read MoreJim Cramer says bank stocks could be the new market leaders
CNBC’s Jim Cramer on Monday said that financial stocks are replacing tech names as the new market leaders. “I always thought the group had the potential to become a leader again, but the banks could never pull it off because the Fed kept rates so low that it was hard for them to make money. […]
Read MoreStar witness who frequented Elizabeth Holmes immediately after fraud trial claims ‘she desires to pay out her debt to society’
Previous Theranos CEO Elizabeth Holmes (L) comes at federal court with her companion Billy Evans on Oct 17, 2022 in San Jose, California. Justin Sullivan | Getty Pictures SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony two months right after he showed […]
Read MoreAmerican Airlines pilot union moves toward seeking federal mediation as contract talks drag on
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor group. The Allied Pilots Association, which represents some 15,000 American […]
Read MoreWhite House Covid czar calls on seniors to get omicron booster now — It ‘literally could save your life’
A top White House health official on Monday issued a stark warning to older people about the health risk they face this fall and winter from Covid-19. Dr. Ashish Jha, head of the White House Covid task force, said everyone older than 50 and senior citizens in particular need to get an omicron booster as […]
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