Day: February 1, 2023
Jim Cramer says investors need to have conviction and take advantage of ‘mistaken selling’
CNBC’s Jim Cramer on Wednesday advised investors to block out the market bears, and use their missteps to bolster their own portfolios. “Their mistaken selling creates opportunities for you to buy the dips. You need to have conviction that the sellers are wrong and you’re right. You need to believe in your view, not the […]
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Biden-McCarthy assembly yields no debt ceiling offer, but speaker suggests marketplaces should be inspired
U.S. Property Speaker Kevin McCarthy (R-CA) talks to reporters just after he met with U.S. President Joe Biden to focus on the federal financial debt limit and expending, at the White Property in Washington, February 1, 2023. Kevin Lamarque | Reuters WASHINGTON — Dwelling Speaker Kevin McCarthy claimed he had a “pretty good discussion” with […]
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Russia has committed far more than 65,000 war crimes in Ukraine, prosecutor basic states
War crime prosecutor of Kharkiv Oblast stands with forensic technician and policeman at the website of a mass burial in a forest during exhumation on September 16, 2022 in Izium, Ukraine. Yevhenii Zavhorodnii | Worldwide Photographs Ukraine | Getty Images News | Getty Photos WASHINGTON – Ukraine’s Prosecutor Common Andriy Kostin reported Wednesday that regional […]
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2024 GOP presidential principal commences to acquire shape as Trump’s potential rivals Haley, Scott, Pence make moves
Former President Donald Trump may well quickly get some business on the marketing campaign path. A flurry of modern moves from Trump’s potential Republican key rivals signals that at minimum one candidate, and maybe more, are ready to be part of him in the 2024 presidential race as early as this month. The first to […]
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At least 8 dead as ice storm rages in the South, causing travel chaos and outages
Officials investigate an accident involving 18-wheelers on SH 130 south of Texas 71, in Austin, Texas, during an ice storm on Tuesday Jan. 31, 2023. Austin American-Statesman | AP A severe ice storm continues to sweep across parts of the South, causing chaos on roads that has been blamed for at least eight deaths, along with flight […]
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Chip shares rally on optimistic AMD earnings and Fed’s signal that inflation is easing
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address through the Purchaser Electronics Clearly show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Illustrations or photos Semiconductor stocks rose on Wednesday on the back of AMD’s sturdy earnings report and following the Federal Reserve’s determination […]
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Bond king Jeffrey Gundlach says he expects a single extra Fed fee hike
DoubleLine Money CEO Jeffrey Gundlach said he sees one particular further amount hike from the Federal Reserve ahead of the central financial institution finishes its tightening cycle. “I assume a person additional,” Gundlach mentioned Wednesday on CNBC’s “Closing Bell: Extra time.” “I imagine it really is tough to make the assertion ‘ongoing increases’ with an ‘s’ at […]
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Stocks making the biggest moves after hours: Meta, Align Technology, e.l.f Beauty and more
Rafael Henrique | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. Meta — The Facebook parent jumped 17% after the company announced a $40 billion stock buyback when reporting quarterly results. Meta beat analysts’ estimates for fourth-quarter revenue, according to Refinitiv. Meta also said it lost $13.7 […]
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Fb-guardian Meta announces $40 billion stock buyback
Facebook’s CEO Mark Zuckerberg speaks throughout the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Pictures Fb parent Meta Platforms said in its quarterly earnings assertion on Wednesday that it has enhanced its share repurchase authorization by $40 billion. In 2022 the social network operator acquired again […]
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Meta shares jump 14% on improved-than-envisioned income
Anwar Almojarkesh (L) and Alan Chalabi (R) from England take a photograph at Meta (formerly Facebook) corporate headquarters in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images Meta shares poped in extended investing on Wednesday right after the enterprise claimed fourth-quarter revenue that topped estimates and introduced a $40 […]
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