Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments.
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4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Business
Levi Strauss raises prices, helping to boost profit and outlook
Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago […]
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Delta says premium travel is set to overtake coach cabin sales next year
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at […]
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Business
Macao is becoming more than a gambling destination. Casinos are winning big anyway
If you blindfolded an American tourist and plopped them on the Cotai Strip in Macao, they might take one look at the Venetian hotel and the replica Eiffel Tower and assume they were in Las Vegas. Like Las Vegas, Macao — a special administrative region of China — is transforming itself with fresh entertainment, waterparks, […]
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