Business
Cramer’s lightning round: I like Portillo’s here
Mattel Inc: “Mattel I like so much, I think it’s got a great, bright future. … Sell off a little bit from the top. Buy.” Braskem SA: “I’m turning against the commodity stocks, and that is pure commodity. So I’m going to say you’re okay, but don’t overstay your welcome.” Source
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Keep an eye on these 9 beaten-down retail stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered a list of nine discounted retail stocks that he believes could be great additions to investors’ portfolios. “Today we saw many of these discounted retailers rally nicely, but it will take many more days like today before these stocks come close to being expensive again. So, I would give […]
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Cramer’s week ahead: Own stocks that are cheap on a price to earnings basis
CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. “In this environment, you need to own companies that make stuff and do things profitably, but let’s add, also, with stocks that remain cheap on a price to […]
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Target tiptoes back into resale with new ThredUp deal, as it makes sustainability push
Target ThredUp website Source: Target Target is tiptoeing back into secondhand sales through a deal with resale company, ThredUp. The big-box retailer confirmed Friday that it launched a page on ThredUp’s website in late March that includes listings of women’s and kids’ apparel, along with accessories. Some items are from Target’s private labels, such as […]
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Elon Musk says Tesla may have to get into the lithium business because costs are so ‘insane’
Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty Images Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the […]
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Stocks making the biggest moves midday: Robinhood, EPAM Systems, Kroger and more
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robinhood — Shares of the trading app dropped nearly 7% after Goldman Sachs downgraded the stock to sell from neutral. The Wall Street firm cited softening […]
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Will Smith banned from attending the Oscars for 10 years after slapping Chris Rock on stage
US actor Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith has been banned from attending the Academy Awards for the next decade after […]
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These companies set to report next week typically beat earnings estimates and trade higher
The corporate earnings season kicks off next week, and some of the companies slated to report have a history of beating estimates. Source
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‘Dancing with the Stars’ moves to Disney+ as company looks to boost streaming subscriptions
This season’s remaining four couples will dance and compete in their final two rounds of dances in the live season finale where one will win the coveted Mirrorball Trophy. Eric Mccandless | Disney General Entertainment Content | Getty Images “Dancing with the Stars” fans will need to sign up for Disney+ if they want to […]
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All eyes are on ‘Sonic 2’ as movie theater owners hope families will finally return to cinemas
Hollywood is keeping its eyes on a speedy blue hedgehog this weekend. Paramount’s “Sonic the Hedgehog 2” is the first major family-friendly film released in theaters this year and is expected to signal if this highly sought after demographic is finally ready to return to multiplexes en masse. The movie’s early box office returns are […]
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