Business
Richard Branson says individuals, governments should cap their energy use to help end the war in Ukraine
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a bid to reduce reliance on Russian energy and bring about an end to the war in Ukraine. The billionaire entrepreneur told CNBC that small personal sacrifices could reduce demand for Russian […]
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Here’s what the analyst who predicted Netflix’s struggles says is next for the stock
Needham’s Laura Martin downgraded Netflix more than two years ago, and her predictions have proved prescient. Source
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There’s more upside ahead for Costco and BJ’s Wholesale thanks to their lower prices, Loop says
Rising prices could drive consumers to club retail stores, according to Loop Capital Markets. Source
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Procter & Gamble is about to report earnings. Here’s what to expect
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to report its fiscal third-quarter earnings before the bell. Here’s what Wall Street analysts are expecting, based on a Refinitiv survey: […]
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Cramer’s lightning round: Vale is a winner
Vale SA: “Vale’s a buy. … In this new world, they’re a winner.” Veru Inc: “I would tell you that this stock fluctuates, and you want to try to buy it on a big dip.” Allego NV: “In the end, that is just not a good business. … They’re better at it than most, so […]
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Cramer cites 3 reasons why the market rallied on a day it had no business doing so
Wall Street should have been down Tuesday, yet the stock market had a great run. The usual suspects — tons of negative analyst notes, rising bond yields, mixed earnings, light housing data and spiking commodity prices — all lined up against the market Tuesday. Not to mention, St. Louis Federal Reserve Bank President James Bullard’s […]
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Streaming stocks slide after Netflix says it is losing subscribers
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The stock prices of streaming video companies fell in extended trading on Tuesday after Netflix released earnings that showed the sector leader lost subscribers for the first time in more than […]
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‘Don’t fight the U.S. consumer’ — Bank of America CEO says spending is healthy despite roaring inflation
Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the economy. “In the month of March ’22 versus March ’21, the consumer … spent about 13% more than they did last year,” Moynihan said Tuesday in an interview on “Mad Money.” […]
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Netflix estimates 100 million households are sharing passwords and suggests a global crackdown is coming
Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this time, and it could […]
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Use this ‘golden toggle’ to determine when to buy in this choppy market, Leuthold says
One feature of a commonly referenced measure of investor sentiment historically triggers some of the market’s best buying opportunities. Source
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