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. Wall Street to open higher after back-to-back Dow gains Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images […]
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American forecasts second-quarter profit on soaring travel demand, stock surges 9%
American Airlines Boeing 787-9 Dreamliner takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images American Airlines on Thursday forecast a second-quarter profit as strong bookings help it cover soaring fuel costs. American, the country’s largest airline, said March was the […]
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Chelsea takeover: Lewis Hamilton and Serena Williams join Sir Martin Broughton consortium
Chelsea’s stadium, Stamford Bridge is seen through trees in London on March 10, 2022, as Chelsea’s Russian owner Roman Abramovich was hit with a UK assets freeze and travel ban, throwing his plans to sell the European and world club champions into disarray. Justin Tallis | Afp | Getty Images Lewis Hamilton and Serena Williams […]
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Ford unveils Lincoln Star electric SUV concept as it readies to add four new EVs by 2026
Lincoln Star concept electric vehicle Lincoln DETROIT – Ford Motor plans to introduce four new electric vehicles into its Lincoln lineup by 2026, as the once-dominant American luxury brand reinvents itself to focus on EVs. The new vehicles were announced Wednesday night alongside the unveiling of a new concept EV called the Lincoln Star. The […]
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Cramer explains why seasoned technical analyst Larry Williams expects inflation to peak and the market to rally into June
CNBC’s Jim Cramer on Wednesday said inflation could peak and the market could recover soon, leaning on chart analysis from legendary market technician Larry Williams. “The charts and the history, as interpreted by Larry Williams, suggest one crazy thing, which is that inflation could soon peak, and then the second crazy thing, which is the […]
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Cramer’s lightning round: AstraZeneca is a pass
Intuitive Surgical Inc: “ISRG is one of those stocks – you must not look at it on a day-to-day basis. You look at it on a year-to-year basis, that’s how good their machines are.” Banco Santander SA: “I looked at it multiple times to own it for the Charitable Trust. I just can’t summon myself […]
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Buy the dip on ‘best-of-breed stock’ Halliburton, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to buy Halliburton stock while it’s down after a less-than-ideal quarter from industry peer Baker Hughes. Cramer said that though Halliburton posted “fantastic” results, the stock got hit after rival Baker Hughes posted a bad quarter. “I think you’ve got to use this rare opportunity to buy a […]
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Lululemon will debut monthly memberships for clothes, events and classes in a bid for loyal customers
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon is launching a membership program — and it’s about more than workout clothes. The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to build a stronger base of loyal customers. The […]
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Jim Cramer names 4 stocks that can endure the Fed’s ‘aggressive tightening cycle’
CNBC’s Jim Cramer on Wednesday named four stocks that he believes can keep investors steady through market turmoil. “As someone who thinks it’s a good idea to stay in the market, I’m urging you to consider companies that fit the funnel … while avoiding almost anything else,” he said. “It’s not that tough a prescription, […]
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Jim Cramer says two streaming stocks stand out in wake of Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its pullback actually was deserved. As for the other streaming plays that were collateral damage, you’ve got my blessing to buy the ones […]
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