Month: January 2023

Cramer’s lightning round: I like ABM Industries
Business

Cramer’s lightning round: I like ABM Industries

Dow Inc: “I want you to hold on. … Keep it at a 5% yield, buy some more if it goes 5.5%.” ABM Industries Inc: “Talk about a boring facilities management company that I like so much. You’ve got a real winner there.” Lockheed Martin Corp: “People are worried about the Republicans and defense budget. […]

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Asia marketplaces mixed as Japan’s inflation data reaches highest considering the fact that 1981
World

Asia marketplaces mixed as Japan’s inflation data reaches highest considering the fact that 1981

People wander down a road in the Chinatown section of Yokohama, Kanagawa prefecture, south of Tokyo, on January 7, 2023. Philip Fong | Afp | Getty Photographs Marketplaces in the Asia-Pacific traded blended on Friday as investors digested Japan’s inflation knowledge. The nationwide core consumer value index rose 4% in December on an annualized foundation, […]

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Jim Cramer says it’s too soon to buy video game stocks like Activision and Take-Two
Business

Jim Cramer says it’s too soon to buy video game stocks like Activision and Take-Two

CNBC’s Jim Cramer on Thursday warned investors not to pick up beaten-up shares of video game companies like Activision Blizzard and Take-Two Interactive Software just yet. “I’m not saying they’re done going down at this point — I definitely think they have more downside — but at some point they’ll be cheap enough to be […]

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Jim Cramer says an ‘obsession’ with mega-cap tech names is overshadowing a bull market
Business

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
World

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
Business

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
Technology

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
World

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
Business

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
Business

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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