Day: January 19, 2023
Jim Cramer says an ‘obsession’ with mega-cap tech names is overshadowing a bull market
CNBC’s Jim Cramer on Thursday said that the carnage in tech stocks is concealing a bull market in other names. “We had a very traditional bull market based on the dollar and interest rates peaking, both of which tend to be terrific for stocks for a whole host of reasons,” he said, adding that “the […]
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Cathie Wood suggests she’s as bullish on Tesla as she’s ever been, sees stock up fivefold in 5 years
Ark Invest’s Cathie Wooden reported her conviction in Tesla remains powerful as ever as she stored obtaining the dip in the electric powered motor vehicle enterprise. “Just from electric powered automobiles there could be… it is almost a fivefold improve in this stock during the next 5 several years,” Wood explained all through an trader […]
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Legendary singer-songwriter David Crosby dies at 81
David Crosby was a founding member of the 60’s group the Byrds and one third of Crosby, Stills and Nash – which sometimes included Neil Young to make it a foursome.The soft rock group was massively popular in their heyday, but all good things come to an end, and the trio broke up to forge […]
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Google is delaying a portion of personnel bonus checks
Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Visuals Google executives are deferring a portion of employees’ 12 months-finish bonus checks, according to paperwork viewed by CNBC, as the […]
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Texas Instruments replaces CEO Prosperous Templeton with recent functioning main Haviv Ilan
Richard Templeton, chairman, president and chief govt officer of Texas Devices Inc., speaks during a House Science, Space and Technologies Committee listening to in Washington, D.C., U.S., on Wednesday, Feb. 6, 2013. The hearing was titled “American Competitiveness: The Function of Study and Improvement.” Andrew Harrer | Bloomberg | Getty Pictures Texas Devices on Thursday […]
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In the fight against slowing growth, Netflix and its rivals are all in this together
For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would survive, the narrative went. The losers would consolidate or die. Last year, the streaming wars didn’t end, but a metaphorical meteor approached the entertainment […]
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Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chain said it was hurt by weak sales and a lot of markdowns during the holiday season. The retailer said net sales dropped […]
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Disney could use an activist investor like Nelson Peltz to help get its financial house in order
An activist investor like Trian Partners’ Nelson Peltz on Walt Disney ‘s (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed changes to create long-term value for the company and its shareholders. Peltz, the CEO and founder of investment firm Trian Partners, has been waging an ongoing proxy […]
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Stocks creating the major moves immediately after hours: Netflix, Nordstrom and far more
In this write-up Price tag JWN NFLX Adhere to your favourite stocksGenerate Absolutely free ACCOUNT In this image illustration the Netflix logo witnessed shown on a smartphone monitor, with graphic representation of the stock market place in the background. Sopa Pictures | Lightrocket | Getty Photos Check out out the providers building headlines in midday […]
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Vice Media restarts sale process at lower valuation, may fetch less than $1 billion
Vice Media offices display the Vice logo in Venice, California. Mario Tama | Getty Images Vice Media is restarting its sale process after earlier interested bidders balked at the initial price tag, according to people familiar with the situation. The digital media company, which was valued at $5.7 billion in 2017, is now likely to […]
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