Cramer’s lightning round: AECOM is a buy

Cramer’s lightning round: AECOM is a buy


Funko Inc: “Many of us were confounded that the stock went down as low as it did.”

AECOM: “This is a tremendous infrastructure play. … I think you should buy it.”

Affirm Holdings Inc: “We have to hear if they have some secret weapon. … Let’s learn more when they report [their quarterly earnings].”

Black Knight Inc: “There are a lot of stocks in the arbitrage world that are getting hit. … These guys are getting hurt.”



Source

Detroit auto stocks jump on report of tariff relief for U.S. vehicles
Business

Detroit auto stocks jump on report of tariff relief for U.S. vehicles

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – Shares of the Detroit automakers closed higher Friday […]

Read More
Tesla, GM lead record U.S. EV sales this year as federal incentives end
Business

Tesla, GM lead record U.S. EV sales this year as federal incentives end

A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]

Read More
The wealth of the top 1% reaches a record  trillion
Business

The wealth of the top 1% reaches a record $52 trillion

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The top 10% of Americans added $5 trillion to their wealth in the second quarter as the stock market rally continued to benefit […]

Read More