Business
Cramer’s lightning round: Plug Power must get expenses under control
Rocket Pharmaceuticals Inc: “This is a very early stage company that has a lot in the pipe. I tend to like these companies. … If you get a bunch of them, I think you’re going to be fine.” Plug Power Inc: “Plug Power’s losing a fortune. … They must get expenses under control.” Anavex Life […]
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Jim Cramer says these 6 cyclical ‘smokestack’ stocks may be worth owning
CNBC’s Jim Cramer on Monday offered investors a list of cyclical stocks that have “caught fire” recently, making them potential great additions to portfolios. “Sell the techs into any strength … because they’re right in the middle of the Federal Reserve’s blast zone. But as for the cyclical smokestack stocks? Many of them could be […]
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Jim Cramer says there’s enough pain in the market for the Fed to slow rate hikes
CNBC’s Jim Cramer on Monday said that there’s enough pain in the market for the Federal Reserve to consider easing its pace of interest rate hikes. “There’s enough turmoil that the Fed needs to slow down its rate hikes, if only to prevent the headwinds from turning into some sort of weird [Category] 5 hurricane,” […]
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Jay Leno says he’s ‘ok’ after he suffers serious burns in car fire
Jay Leno at The Library of Congress Gershwin Prize tribute concert at DAR Constitution Hall on March 04, 2020 in Washington, DC. Shannon Finney | Getty Images Jay Leno is recovering from serious burn injuries following a car fire in Los Angeles over the weekend, the 72-year-old comedian and former “Tonight Show” host announced. “I […]
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AST SpaceMobile hits key milestone toward satellite-to-smartphone 5G service
A view from onboard the satellite, captured after deploying the 693-square foot array. AST SpaceMobile Satellite-to-smartphone connectivity venture AST SpaceMobile announced Monday that the wide antenna of its recently launched test satellite deployed successfully — a critical milestone in the company’s development of a global network to provide 5G broadband service. The BlueWalker 3 satellite, […]
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Tyson CFO apologizes to investors after arrest on charges of public intoxication, trespassing
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson apologized to investors Monday after he was arrested Nov. 6 on charges of public intoxication and trespassing. CEO Donnie King said the company’s independent board of directors is overseeing a review of the matter. Tyson, who is the son of the company’s chairman, […]
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Mike Tyson and Evander Holyfield to launch ‘Holy Ears’ cannabis-infused edibles
Referee Lane Mills (C) stops the fight in the third round as Evander Holyfield (R) holds his ear as Mike Tyson (L) watches 28 June 1997 during their WBA heavyweight championship fight at the MGM Grand Garden Arena in Las Vegas, NV. Jeff Haynes | AFP | Getty Images Boxing legends and former rivals Mike […]
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One of our best-performing stocks lately reports earnings this week. Here’s what to expect
Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marshalls on Aug. 24, which has proved to be a well-timed buy. From the close on Aug. 23 through Friday, TJX […]
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3 takeaways from our daily meeting: Bullish on JNJ, AMD upgrades, Disney cost cuts
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. Bullish on JNJ Upgrades for AMD Cost cuts at Disney 1. Bullish on JNJ Johnson & Johnson (JNJ) is a high-quality and recession-resistant name we’ve urged investors to own in […]
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Bed Bath & Beyond’s stock falls as retailer plans to issue shares to pay off some debt
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond said Monday it would issue shares to some of its bondholders in exchange for paying off a small portion of its roughly $1 billion debt load. Bed Bath & […]
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