Business
Invest in Petco instead of Chewy, says Jim Cramer
CNBC’s Jim Cramer said Wednesday that investors should buy stock of Petco instead of Chewy after the latter reported a disappointing quarter on Tuesday. “If [Chewy] aren’t turning a profit yet after all these years, I find it impossible to recommend their stock in this environment. If you want to play the humanization of pets, […]
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Cramer warns of trading after hours, points to big recent moves in Micron, Lululemon and RH as examples
CNBC’s Jim Cramer reminded investors to always listen to a company’s conference call before trading on earnings and to avoid after-hours trades. “One mistake in after-hours trading will wipe you out much faster than a mistake during regular hours when everyone has the same information. There are more bids and offers, and the playing field […]
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Jim Cramer says to own secular stocks, approach cyclical names with skepticism
CNBC’s Jim Cramer on Wednesday advised investors to own secular growth stocks rather than cyclical stocks and to be vigilant in spotting the difference. “The market is still eager for what is known as secular growth,” which doesn’t rely on economic cycles and likely wouldn’t be hurt by the Federal Reserve raising interest rates, the […]
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Will Smith refused to leave Oscars, faces disciplinary action for slapping Chris Rock
Will Smith (R) hits Chris Rock as Rock spoke on stage during the 94th Academy Awards in Hollywood, Los Angeles, California, March 27, 2022. Brian Snyder | Reuters Will Smith was asked to leave the 94th annual Academy Awards ceremony Sunday after slapping presenter Chris Rock, but refused, according to a new statement from the […]
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The co-founders of Talea quit six-figure jobs to work in craft beer: In 2021 alone, they sold 450,000 pints
Nestled in a corner of Williamsburg, Brooklyn, is Talea Beer Co., the first women-founded craft beer brewery in New York City. With their lineup of playful, fruit-forward beers, including “Lunch Date,” “Mango Tango Tart Deco,” and “Overnight Oats Granola Butter,” just to name a few, Talea Beer Co. is hoping to entice a new kind […]
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Chris Rock’s first comedy show since Will Smith slapped him is sending ticket resell prices way up
Actor Chris Rock speaks onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Chris Rock has yet to publicly address being slapped by Will Smith during the 94th annual Academy Awards ceremony on Sunday. Fans are banking on the chance that […]
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Walgreens turns to robots to fill prescriptions, as pharmacists take on more responsibilities
Walgreens is using automation to fill more of customers’ prescriptions. Inside of a Dallas area facility, bright yellow robotic arms hold pill bottles up to dispensers, which release tablets like a carefully calibrated vending machine. Melissa Repko | CNBC NORTHLAKE, Texas — Bright yellow robotic arms are becoming a bigger part of Walgreens’ workforce. Inside […]
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Biden announces new funding to make homes more energy efficient
Energy Secretary Jennifer Granholm speaks during a meeting with Secretary of State Antony Blinken, European Union High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles, and European Commissioner for Energy Kadri Simson at the State Department in Washington, February 7, 2022. Andrew Harnik | Pool | Reuters The Biden administration on Wednesday announced […]
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Bold design and body positivity: Superstar Lizzo previews her new line of Fabletics shapewear
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an experience she said was incredibly uncomfortable for a preteen. “It was a really painful, shameful experience … because I grew up in a society where […]
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Weeks after surprising shuffle, new TuSimple CEO pledges to be an ‘evangelist’ for autonomous driving
Xiaodi Hou, Co-founder & CTO, TuSimple, on Centre Stage during day two of Web Summit 2019 at the Altice Arena in Lisbon, Portugal. Vaughn Ridley | Sportsfile | Getty Images Xiaodi Hou co-founded autonomous-driving startup TuSimple a few years ago, but he just took over as CEO and chairman of the board March 3. Why? […]
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