Day: November 2, 2022
Cramer’s lightning round: I don’t want to own Taiwan Semiconductor
Cerence Inc: “In a market like this, it can go to $13, $12. If you can take that level of pain, you can absolutely buy it, because it is a good company.” Matterport Inc: “It’s a $3 stock. So you think, ‘well, how much can you lose?’ I’ve got bad news. The answer is $3.” […]
Read More
Jim Cramer picks 4 apparel stocks that are ‘worth owning’ when the market’s oversold
CNBC’s Jim Cramer on Wednesday offered investors a list of apparel stocks they should consider adding to their shopping lists. “I’m still bearish on apparel and footwear in general, but if you’re selective, some of these are definitely worth owning,” he said, adding that investors should wait to buy the stocks until the market becomes […]
Read More
Here’s why Jim Cramer says investors should stay away from ‘fool’s gold’ software stocks
CNBC’s Jim Cramer on Wednesday advised investors to stay away from software stocks. “Data has become fool’s gold. Data is iron pyrite. When you hear the word data and you see a loss, I don’t care what kind of growth the company has, I don’t care what kind of software it owns, it is bad,” […]
Read More
Etsy shares pop on earnings conquer, rosy steering
Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares surged as a great deal as 10% in extended buying and selling Wednesday following the online marketplace’s 3rd-quarter income and earnings outperformed anticipations. The company also posted upbeat guidance for the present-day period of time. Here is how the firm did: Earnings: 58 cents […]
Read More
Cloud stocks creamed as Fed signifies additional price hikes are coming
Buyers pounded cloud software program shares on Wednesday on problem that interest charges will increase for for a longer period than beforehand expected. To begin with shares moved bigger as the Federal Reserve declared it would enhance its benchmark price by 75 foundation points. But right after Powell started speaking at the central bank’s push […]
Read More
Shares making the most significant moves right after several hours: Roku, Qualcomm, Etsy and far more
In this posting QCOM Observe your most loved sharesGenerate Free of charge ACCOUNT A video clip indication displays the logo for Roku Inc, a Fox-backed video clip streaming agency, in Situations Sq. soon after the company’s IPO at the Nasdaq Marketplace in New York, September 28, 2017. Brendan McDermid | Reuters Check out out the […]
Read More
Jeffrey Gundlach suggests bonds are appealing now. This is how he builds a portfolio with an 8% return
DoubleLine Capital CEO Jeffrey Gundlach said the bond market has develop into much more interesting than stocks, this sort of that buyers could get an 8% annualized return. The so-called bond king explained Treasurys are now “perhaps a income maker,” in an job interview on CNBC’s ” Closing Bell: Extra time .” He included that […]
Read More
LAPD captain warned CBS about Les Moonves sexual assault claim, NY attorney general says
Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which disclosed further allegations involving the Los Angeles Police Department’s role […]
Read More
Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.” The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s […]
Read More
Ye paid a settlement to former employee who alleged he praised Hitler and Nazis during meetings, documents show
LOS ANGELES — Ye, the artist previously known as Kanye West, paid a settlement to a former employee who alleged that the rapper and designer had used antisemitic language in the workplace, according to documents reviewed by NBC News. Additionally, six people who have worked with Ye or witnessed him in professional settings over the past […]
Read More