Business
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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Jim Cramer tells investors to ‘stay the course’ as markets continue to shake
CNBC’s Jim Cramer told investors that they shouldn’t lose faith in the market’s ability to recover after Wednesday’s declines. “History is very clear: It says you must stay the course. The S&P 500’s already had a successful 50% retracement of its huge decline, and in the 21 times that’s happened since the Great Depression, it’s […]
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Stock futures rise slightly as Wall Street tries to recover from Wednesday’s losses
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures rose slightly on Wednesday night as investors recover from losses during the regular trading session. The Dow Jones Industrial Average futures rose by 4 points, or 0.01%. S&P 500 and […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Morgan Stanley says the time is right for steady utilities stocks. These are the firm’s favorites
The bank issued a list of overweight-rated companies for investors seeking safety in uncertain markets. Source
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Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partnership joint venture. The new product is rolling out to grocery stores this month in three flavors: original, hot and spicy, and teriyaki. Protein from peas and mung […]
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Broadway tickets are more expensive now than before the pandemic – and attendance is strong
People purchase tickets at the reopened TKTS booth for Broadway shows in Times Square on September 15, 2021 in New York, United States. Liao Pan | China News Service | Getty Images Ticket prices for many blockbuster Broadway shows have become more expensive, as theatergoers are paying up for an evening out on the Great […]
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SpaceX raises prices for rocket launches and Starlink satellite internet as inflation hits raw materials
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising prices across its products and services, including for rocket launches and Starlink satellite internet, citing “excessive levels of inflation.” The double-digit price […]
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Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes
A customer exits a Petco store in Clark, New Jersey. Ron Antonelli | Bloomberg | Getty Images Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain environment: Americans spend on pets, even when their budgets tighten. At an investor day in New York City, he said the […]
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