Business
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rebound after the Dow’s worst session in weeks Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure […]
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Bank of America downgrades NetApp, says cloud data company has limited upside from here
Analysts downgraded NetApp to neutral from buy, saying investments required for growth at the company will limit its ability to generate operating income. Source
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Logitech is a huge buy at these levels and can go up nearly 49% from here, Bank of America says
Analysts consider the computer peripherals manufacturer “too inexpensive to ignore” after the stock tumbled nearly 13% year to date. Source
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Buy Johnson Controls as sell-off is ‘unfounded,’ Deutsche Bank says
Investors should buy the dip on Johnson Controls, according to Deutsche Bank. Source
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Morgan Stanley downgrades Alcoa, says good news already baked into the stock
The good news for aluminum production company Alcoa has already been priced into the stock, according to Morgan Stanley. Source
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Black box from crashed Boeing jet is on its way to Beijing for analysis, state media says
Zhu Tao, director of the aviation safety office at the Civil Aviation Administration of China, speaks during a press conference at a hotel in Wuzhou on March 23, 2022. Noel Celis | Afp | Getty Images BEIJING — Search and rescue teams have found a black box and human remains at the China Eastern Airlines […]
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Buy the dip and stay long on Nvidia, Jim Cramer says
CNBC’s Jim Cramer on Wednesday urged investors to add Nvidia stock to their portfolios and watch for chances to buy the dip. “I know this is a tough market for a stock like Nvidia, and I wouldn’t be surprised if it has another leg lower. But when you look at what this incredible company is coming […]
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Electric vehicle start-up Nikola has begun production of its first battery-electric semitruck
Nikola Motor’s Tre semi-truck. Nikola Motor Company Electric heavy-truck startup Nikola announced on Wednesday that it has begun production of the battery-powered version of its electric Tre semitruck at its factory in Coolidge, Arizona, beating rival Tesla’s electric semitruck to market. Nikola plans to begin deliveries of the trucks in the second quarter, executives said […]
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Cramer’s lightning round: I’m not holding my breath for Robinhood
3D Systems Corp: “That is always a bridesmaid, never a bride. I have to tell you, I think that 3D Systems and their whole 3D world is just not going to make money for people. I suggest you do Nvidia.” AT&T Inc: “I don’t like the balance sheet and I am very concerned [about the […]
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Holley CEO says the company is managing supply chain issues, looks to accelerate company growth
Holley is pursuing growth through managing supply chain issues currently dogging the auto industry, chief executive Tom Tomlinson told CNBC’s Jim Cramer on Wednesday. “Supply chain has definitely been a challenge, but we’ve managed it effectively,” Tomlinson said in an interview on “Mad Money.” “We’ve left some dollars on the table though still, and we’re […]
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